Latvia’s ruling coalition has agreed to ban imports of Russian and Belarusian grain, BNS reports. The coalition expects the parliament, the Saeima, to pass a bill on the ban in February 2024. Agriculture Minister Armands Krauze said that companies using Russian grain would be ineligible for state support. Also, the Food and Veterinary Service (PVD)…
Lithuania’s Foreign Minister Gabrielius Landsbergis, Transport Minister Marius Skuodis, and Agriculture Minister Kestutis Navickas have sent a joint letter to the European Commission, in which they call for helping Ukraine export more grain via the Baltic States, BNS reports. The ministers argued that Baltic ports, railways, and roads could serve as a viable alternative route…
The Latvian Food Retailers Association (LPTA) has asked Agriculture Minister Didzis Smits to provide proof for his claim of 300% markups on food prices in stores, Baltic News Network reports. If the minister cannot provide such proof, LPTA will ask him to retract his statement. Earlier, Smits claimed that food retailers had applied 300% markups…
Latvia’s Economy Minister, Ilze Indriksone, said that the state should not intervene in the food market, LSM reports. Earlier, Agriculture Minister Didzis Smits insisted that market intervention was necessary due to the high food prices. He suggested establishing a special regulator to monitor food prices in shops. Indriksone agreed that Latvia’s large supermarket chains, Maxima…
Latvia’s retail sector has had no competition, especially in grocery trade, for years, Agriculture Minister Didzis Smits stated, LETA reports. Speaking in an interview with LTV, Smits asserted that retailers could set markups of 300% plus VAT on local produce and still compete, which he said was “abnormal” and “unpatriotic.” He insisted that in such…
The European Commission has granted EUR 6.8mn of financial support for Latvia’s agricultural sector, LSM reports. Latvia had requested EUR 11mn of EU aid. Agriculture Minister Didzis Smits noted that the support accorded to Latvia was proportionally the largest amount of aid granted. The support is intended for industries negatively impacted by the war in…