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International Recognition
Latvia has an abundance of business ventures whose potential is greatly increased by the entrepreneurial spirit running through the country. However, it is not just Latvia’s potential that makes investing here so appealing. It is also Latvia’s location within Europe’s most dynamic regional market, the Baltic Sea Region with seamless access to 100 million affluent consumers.
Opportunity must always be in balance with stability, and Latvia provides both – diverse and numerous business opportunities with the security of the European Union and NATO. Financially, Latvia’s national currency is pegged to the euro, at LVL 1 = EUR 1.42, as part of the medium-term plan to introduce the euro in 2014.
To conclude, we all know that business and economies run in cycles. The LIAA encourages you to commence a more detailed study of Latvia to see the advantages offered by our current position in those cycles. We offer the full assistance of our organisation to ensure your business is in pole position for global economic recovery.
