With the highest GDP growth in the European Union (4.1 % in 2013), Latvia’s economy continues to see upward positive trends, and economic indicators have reached their high pre-crisis marks. Over the last few years, the direct foreign investment to Latvia has increased, and Latvian government continues to further develop favorable business environment.
To facilitate top-level discussions on investment environment in Latvia executives of foreign investor companies and representatives from Latvian government have been meeting regularly since 1999. On May 30, the Foreign Investors Council in Latvia (FICIL), which represents foreign companies and investors, and Latvian government will hold the 18th High Council Meeting.
The parties will discuss success in implementing recommendations delivered by FICIL last year as well as potential areas where Latvian government could make further changes to ensure continuous development of favourable business environment.
For more information on foreign investment trends and the potential Latvia can offer for successful business operations, please see the attached infographics below.
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