Printer Friendly

Foreign service enlisted in economic development.

From wire reports

RIGA - At a meeting with Latvian ambassadors on July 30, Prime Minister Valdis Dombrovskis (Unity) told the ambassadors that they should concentrate on generating support for the economic development of Latvia by encouraging both foreign investment into Latvia, and Latvian company exports to other countries. They were also told to drum up support for Latvia's accession to the euro area, reports LETA.

"Latvia's achievements in exiting the crisis, and the goal of introducing the euro in 2014, prove that Latvia's economic stability has been restored and will be further consolidated. This is a very important advantage to investors and cooperation partners, which sets Latvia apart iron many other countries in Europe. This must be made use of in foreign affairs in order to bring new investments to Latvia, help Latvian business expand, including into new markets, thereby stimulating the economic development of Latvia and the well-being of Latvia's residents," stressed Dombrovskis.

Addressing Latvian ambassadors to the European Union member states, Dombrovskis urged them to do active work in order to ensure every EL" country's, and especially eurozone member's, support for Latvia's move to the euro.

"Production and exports have become the driving force behind the Latvian economy, therefore it is the duty for the embassies to support Latvian business that are already represented, or are planning to enter, the particular country's market. It is especially important to ensure active cooperation between the Foreign Ministry's economic diplomats and the Latvian Investment and Development Agency [LIDA] in the countries where LIDA has offices," said the prime minister.

Currently, the top priority of the government is in solving the demographic problems of Latvia, where the diplomatic service plays an important role of maintaining contact with Latvian communities abroad, actively informing them about new opportunities offered in Latvia, including job opportunities, and providing support for the preservation of the Latvian language and culture.
COPYRIGHT 2012 Baltic News Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:News Latvia
Publication:The Baltic Times (Riga, Latvia)
Geographic Code:4EXLA
Date:Jul 9, 2012
Previous Article:Latvija in brief - 2012-08-09.
Next Article:Religious hatred still evident.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters