Latvia: charter flights to China to commence in 2018

Saeima speaker Inara Murniece hopes charter flights between Latvia and China will commence next year. “It would be a major impulse for economic development and tourism. Latvia and China have established a good political dialogue, and we are prepared for more active cooperation in trade, investments and transport fields,” Murniece said on April 12, during…

Latvia: Transport Ministry invites Kyrgyzstan to use advantages of special economic zones

On April 12, a meeting of the joint Latvian-Kyrgyzstan transport work group was held in Transport Ministry. At the end of the meeting, the two sides signed an agreement for closer cooperation between the two countries in transport, transit, logistics and aviation. During the meeting, the two sides presented development trends, planned projects, and discussed…

Latvia: 120,000 people use payment cards for purchases

For everyday transactions, residents use contactless payment cards. 120,000 people in Latvia use them, Swedbank representatives declared. Swedbank data shows – 80% of all payment cards renewed by clients are contactless cards. In total, there are more than 4,800 trade locations that offer transaction options for owners of contactless payment cards, and their number increases…

Latvia: closer cooperation with American ports to be formed

U.S. congressmen have voiced support for Latvia’s security and an interest for developing closer cooperation with the country’s ports, as reported by Latvian Foreign Affairs Ministry. On April 9, Latvian Foreign Affairs Minister Edgars Rinkevics met with a delegation of U.S. congressmen led by congressman Bull Shuster to discuss Trans-Atlantic relations, strategic cooperation between Latvia…

Latvia to increase defense budget in 2018

“Security is not cheap. Otherwise the price is the entire country,” Latvian Defense Minister Raimonds Bergmanis said. On February 15, as part of a meeting of NATO defense ministers in Brussels, Bergmanis took part in a meeting of the North Atlantic Council. The meeting discussed the realization of decision made at the NATO Summit in…

Latvia: 7% of Latvians pessimistic about 2017

46% of Latvian residents believe 2016 was a successful year for Latvia. In regards to 2017, more than two thirds of respondents said next year might be as equally as successful as 2016 if not more so. As for personal benefits, multiple respondents said they expected accomplishments in family, relationships or love (41%) next year.…