Latvia: No unilateral ban on Russian grain import: government

Latvia supports prohibiting the import of Russian grain but will not impose a unilateral ban, parties in the coalition government announced, LSM reports. Instead, Latvia calls on EU member states to agree on a common position on the issue. At the same time, the government is instructing ministries to assess the impact of such a…

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Latvia: Government plans to list state-owned companies on stock exchange

The Latvian government will discuss the listing of state-owned companies and municipal enterprises on the stock exchange in January 2024, LSM reports. The first company to be listed will be national air carrier airBaltic. Finance Minister Arvils Aseradens said that the list would include other companies as well. Enterprises that may be listed include telecommunications…

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Baltic: Ukraine’s President Zelensky starts tour of Baltic capitals

Ukraine’s President, Volodymyr Zelensky, has arrived in the Lithuanian capital, Vilnius, on a tour of Baltic States, ERR reports. The topics of discussion will be security, EU and NATO integration, cooperation on electronic warfare and drones, and coordinating European support for Ukraine. Zelensky expressed gratitude for the “uncompromising support” for Ukraine that the Baltic States…

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Latvia: Lithuania may buy stake in airBaltic: minister

Lithuania is exploring the possibility of acquiring a stake in Latvia’s national air carrier, Air Baltic Corporation (airBaltic), according to Transport Minister Marius Skuodis, BNS reports. Skuodis has discussed the issue with his Latvian counterpart, Kaspars Briskens. Skuodis suggested that some airBaltic aircraft could be based in Lithuania and that airBaltic could become a joint…

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Baltic: Latvia to host Baltic air police mission for nine months

Latvia will gradually assume responsibility for NATO’s Baltic air policing mission due to ongoing repairs at the Estonian Air Force base in Ă„mari, LETA reports. The Latvian National Armed Forces (NBS) air base in Lielvarde will host the mission for nine months from 1 March 2024. This is the first time that the mission rotation…

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Latvia: Number of new businesses exceeded liquidations in 2023

The number of new businesses registered in Latvia totalled 8,772 in 2023, according to data from enterprise database Lursoft, LETA reports. Meanwhile, the number of businesses liquidated amounted 7,844 in 2023, which was the lowest number since 2015. In the previous seven years, the number of liquidated enterprises exceeded the number of new businesses. Over…

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