The Foreign Ministry considers what has been achieved by Latvian enterprises and encourages them to seek new export markets

27.02.2015. 15:38
The Foreign Ministry considers what has been achieved by Latvian enterprises and encourages them to seek new export markets

On 26 February, the State Secretary of the Ministry of Foreign  Affairs, Andrejs Pildegovičs, delivered a speech at the event, "Export Day 2015", organised by the Latvian Chamber of Commerce and Industry. The State Secretary expressed his appreciation for what has been accomplished by Latvia's businessmen and entrepreneurs towards the development of the national economy.

The Latvian Ministry of Foreign Affairs has been closely following the trends in regional and global development and expanding the network of diplomatic missions and honorary consuls in less well known but promising  markets of Asian and Gulf countries. Embassies in the United Arab Emirates and India were opened last year; an Embassy in South Korea is to be opened later this year, and future plans also cover Latin America. For the first time, non-resident ambassadors have been appointed to Brazil, Singapore, Malaysia and Indonesia. Andrejs Pildegovičs encouraged Latvian businesses to be active and to work together with the Foreign Service, as a team.

The State Secretary Pildegovičs said that negotiations are underway for Latvia's accession to the Organisation for Economic Cooperation and Development (OECD) and Latvia could become a member already next year. The accession process in itself provides Latvia with new ways to succeed economically.

During Latvia’s EU Presidency, the Central Asian region has gained increased attention at the EU level. The ministers of education, science, trade and transport of Asian states will gather for a presidency event in Riga in April 2015 to seek new opportunities for cooperation. The Eastern Partnership Business Forum will take place in May. Andrejs Pildegovičs invited representatives of Latvian business to take part in the event and explore new modes of business cooperation with the Eastern Partnership countries.

As a matter of priority, the Foreign Ministry's State Secretary also called specifically for a closer cooperation between Latvia's businesses and the Foreign Service in exploring and entering new export markets.