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Monday 23.07.2018 | Name days: Magda, Magone, Mērija
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PHOTO: Swedish royal couple visits Latvia

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On Wednesday, March 26th, Swedish King Carl XVI Gustaf and Queen Silvia arrived in Latvia for their two-day visit.

In Latvia, King Carl XVI Gustaf was given the I Class Order of Viesturs and Queen Silvia – Class I Cross of Recognition, as reported by the Latvian State President’s press service.

This is the second visit of King Carl XVI Gustaf and Queen Silvia to Latvia. The previous time they visited this country was in 1992 – shortly after the restoration of Latvia’s independence. During his current visit, the Swedish King has noted that Latvia is a rapidly growing country and a valuable cooperation partner for Sweden.

With a trade turnover of EUR 1.2 billion, Sweden ranks 6th among Latvia’s trade partners. Sweden is also the largest investor in Latvia’s economy with a total registered investment capital of EUR 1.7 billion and 805 active companies.

The delegation that accompanies the royal couple consists of many notable Swedish businessmen. There are many Latvian businessmen who are very interested in the business forum that is organized as part of the visit of the King and Queen of Sweden to Latvia. More than 300 Latvian businessmen have applied for participation.

One of the most important cooperation projects of the two countries in the education sector in Latvia is the foundation and development of the Stockholm School of Economics in Riga. In his speech, the Swedish King admitted that many professionals graduated from this institution. Now these professionals work in Latvia’s most important institutions and state government.

Continuing his visit in Latvia, the Swedish King and President of Latvia both laid flowers at the Freedom Monument. The two also took part in the opening of the Latvian-Swedish business forum.

Meanwhile, The First Lady of Latvia Dace Seisuma and Queen Silvia visited Latvia’s National Opera.

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