bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 20.09.2018 | Name days: Marianna, Ginters, Guntra
LatviaLatvia

Prime Minister shows Latvia’s advantages to American Congressmen

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Valdis Dombrovskis and US congressmen

An open business environment, highly qualified workforce and strategic infrastructure relations with Western and Eastern regions are Latvia’s advantages in developing economic cooperation and investment projects, said Prime Minister Valdis Dombrovskis to the representatives of the US Congress House of Representatives delegation.

On Saturday, June 30, the Prime Minister noted during his meeting with US congressmen that export and manufacturing have been the most important factors which helped restoring growth during the crisis. Keeping in mind the relatively slow development rates in Europe, Latvia is interested in expanding economic development with dynamically growing markets, including USA, by focusing on projects that are directed towards manufacturing, export and the creation of new jobs, the Cabinet of Ministers reports.

Strategic cooperation between USA and Latvia means a lot for the Northern distribution network – transport corridor, which provides the supply of non-military NATO shipments to Afghanistan. Latvia has a managing role in this corridor, which is why Dombrovskis noted that Latvia is interested in developing it, also servicing shipments from Afghanistan and starting servicing commercial shipments. Also, the Prime Minister informed the congressmen that Latvian businessmen are prepared to offer a wider range of products and services for the US mission in Afghanistan than before.

«Cooperation between Latvia and USA is becoming closer in not only economic, but diplomatic sense as well, and the great interest of Latvian businessmen about opportunities to cooperate with USA is becoming more apparent. This week’s visit of American business delegation and the Latvian-American business forum will be yet another impulse for the deepening of this cooperation,»- says the Prime Minister.

Dombrovskis informed the congressmen also about Latvia’s application for the membership in the Organization for Economic Cooperation and Development (OECD) and asked the American side to support Latvia’s attempts to join this organization.

Congress representatives respectively evaluated Latvia’s achievements in overcoming the crisis: restoring economic stability and growth. Also, US representatives expressed satisfaction about the mutual trade increase between Latvia and USA in recent years; they also agreed with the Prime Minister about the necessity for both sides to continue supporting this positive tendency. Congressmen were also interested in the latest developments in the European Union and the Eurozone, including the recent meeting of the European Council in Brussels.

Eight representatives of the US Congress arrived in Latvia – the Head of the delegation Dan Burton and congressmen Luis Gutirrez, Tim Holden, Eddie Bernice Johnson, Gregory Meeks, Todd Platts, Jean Schmidt and Theodore Deutsch.

Ref: 102.109.109.2331


Leave a reply

20 complaints received in first 10 days of data protection regulation

In the first 100 days since adoption of European General Data Protection Regulation, Latvia’s Data State Inspectorate has received 20 data protection violation reports, said the centre’s director Daiga Avdejanova during a meeting of Saeima’s European Affairs Committee.

Ministry: non-banking lenders should assess clients’ solvency more carefully

Although certain improvements have been noticed in the industry, Latvia’s Economy Ministry invites amendments to make non-banking lenders perform more careful evaluation of clients’ solvency and allow creditors exchange information with one another.

Saeima argues over request to assess attempts to cancel «morality amendments»

During a meeting of Saeima’s Inquiry Committee, certain members and NGO representatives exchanged harsh words on Saeima opposition deputies’ request to Prime Minister Māris Kučinskis on association Papardes zieds’ protection of interests for the cancellation of so-called morality amendments.

EU residents believe European authorities should be more involved in certain areas

According to results of European Parliament’s Eurobarometer study, published eight weeks prior to elections in EU, residents believe European authorities should be more involved in certain matters. Priorities include terrorism threats, unemployment and environmental protection.

Estonian internet user growth strongest among elderly

The share of internet users in Estonia has continued to grow in 2018 and has over the past three months increased the most among 65–74-year-olds, official statistics show.

Regulator invited to assess calculation of electricity transmission tariff

Conclusions made by State Audit in relation to tariffs employed by Sadales tīkls show that recommendations received from OECD a couple of years ago in relation to public service tariff calculation should be carefully considered and adopted to ensure balance the interests of consumers and service providers.

Latvian police points towards stagnation in road traffic safety

So far this year 91 people have died in road traffic accidents in Latvia. According to State Police Road Traffic Safety Office Chief Normunds Krapsis, stagnation is present for road traffic safety.

Latvian government to attract EUR 29.5 million to restore Latgale’s degraded territories

On Tuesday, 18 September, Latvia’s Cabinet of Ministers supported the action plan for Latgale region’s economic growth 2018-2021, which provides for attracting of EUR 29.5 million to help restore the region’s degraded territories.

China announces retaliatory tariffs on U.S. goods, seeks free trade support

Beijing has stated it would impose a duty tariff increase on American imports worth 60 billion U.S. dollars in a reaction to Washington's announcement to add tariffs on imports from China worth 200 billion U.S. dollars.

Montenegro to join NATO battalion stationed in Latvia

According to NATO Deputy Supreme Allied Commander in Europe James Everard, Montenegro plans to join the multi-national battalion currently stationed in Latvia.

U.S. looking seriously at Poland's request for American base on its soil

U.S President Donald Trump has noted the country was looking seriously at a request from Poland for a permanent U.S. military base in the fellow NATO member state and agreed that Polish concerns about possible Russian aggression were shared.

Russian plane near Syria shot down by ally targeting Israeli planes

The Russian military plane, which went missing on Monday, has been shot down by its ally Syria targeting Israel's war planes and the number of servicemen lost in the event has been corrected from 14 to 15, the Russian government stated.

Latvian border guards find more than 140 kg of hashish in a car

On 16 September, Latvian State Border Guard detained a 1991-born man and his car at Grebnev border checkpoint. A secret compartment containing 145.3 kg of narcotic substances was found in his car during a routine inspection, as reported by State Border Guard.

EU suspects German car-makers of colluding against cleaner technology

EU competition watchdogs are probing if German automotive giants have colluded to restrict the development of clean emission technology.

Number of job vacancies in Latvia up 7.8 thousand in Q2 2018

In Q2 2018 there were 24.5 thousand job vacancies in Latvia, which is 7.8 thousand vacancies or 46.6 % more than in Q2 2017. In public sector there were 7.2 thousand and in private sector 17.3 thousand job vacancies.

Latvian government desperate to resolve the growing piles of used tires problem

Latvian government has supported Environment Protection and Regional Development Ministry’s prepared report ‘On maintenance of used tires’. This report includes proposals for measures to help resolve the matter regarding speeding up recycling and regeneration rates, as well as the no less important matter of maintenance of used tires.

Cargo volumes handled by Latvian ports remain stable in first half-year of 2018

Latvian ports transshipped 43.468 million tonnes of cargoes in the first eight months of 2018, which is 0.9% more than in the same period of last year. According to data from Transport Ministry, cargo turnover’s negative balance continues declining at Ventspils port, where 13.274 million tonnes of cargoes were transshipped in the first eight months, which is a drop of 11.9%.

airBaltic carried 18% more passengers in summer

Latvian airline airBaltic has carried 2,770,047 more passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in the first eight months of 2018, BNN was told by the company.

Ukrainian workers in Lithuania gradually fill gap left by Lithuanian exodus

Companies in Lithuania, in particular operating in construction, logistics and retail chains, are increasingly inviting workers from Ukraine and Belarus to fill the worker shortage of Lithuanians moving to richer countries.

ABLV Bank assets worth EUR 47.14 million recovered in August

Assets worth EUR 47.13 million were recovered from the liquidated ABLV Bank in August, which is 2.2 times more than a month prior, according to the account published in Latvian Herald.

Estonia bank watchdog points to Denmark's responsibility over Danske

As to the allegations of doubtful billions flowing via the Estonia branch of Danske Bank, the Estonian watchdog of financial institutions has noted that the Danish supervisory authority was responsible for the lender's risk control.

Liepaja City Council vice-chairman steps down

On Monday, 17 September, Liepaja City Council vice-chairman for tourism and investment affairs Ģirts Kronbergs announced his resignation.

Sixteen contenders apply for Rundale Castle Museum director’s post

A total of sixteen contenders have applied for participation in Latvian Culture Ministry’s announced open personnel selection process to find the next director of Rundale Castle Museum.

Russia: Military plane with 14 Russian soldiers has been lost near Syria

A Russian war plane with 14 servicemen on board has disappeared while over the Mediterranean Sea near the coast of Syria, Russia's Defence Ministry has stated.

Unity decides not to support UGF’s initiative for people’s elected president

Unity political party has no plans to support the amendments submitted by the Union of Greens and Farmers on people’s elected president, says Unity’s chairman Arvils Ašeradens.

Newest comments