A competitive economy starts with a predictable legal environment! ⚖️ The Ministry of Justice is advancing solutions that reduce bureaucracy, ensure a clear regulatory framework, and strengthen the competitiveness of Latvian companies. With the Confederation of Latvian Employers, there are clear shared priorities for improving the business environment: ✅ Implementation of EU labour law directives without additional administrative burden beyond EU requirements; ✅ Proportionate competition law regulation, ensuring a balance between effective supervision and business development; ✅ A more efficient administrative process, including introducing the principle 'pay faster, pay less' to reduce administrative burden. A predictable regulatory framework and close work with social partners are the foundation for a stronger investment environment, greater enterprise competitiveness, and sustainable growth of the Latvian economy.
Investments: Posts and News from Apvienotais saraksts
Political posts and news in Investments from Apvienotais saraksts, from monitored Latvian public sources.
Well, actually an analogous entity to Altum, which has shown its effectiveness and results. There's no need to create a bunch of positions, I agree. But a fund would shorten the money path to the region👍
Interesting and valuable conversation about EU structural funds and their planning for the next period, as well as the municipal funding equalization system and other important issues with former colleagues – representatives of @LLPAsoc. https://t.co/KlFpmeYrMc
⚖️ The justice system must work for people – faster, smarter and more efficiently. Together with Prosecutor General Armīns Meisters, we agreed on joint work on significant changes that will strengthen Latvia's justice system. 📌 New Criminal Procedure Law. Our goal is simpler processes, less bureaucracy, and faster justice for people. Prosecutor resources must be concentrated where they create the greatest added value – in the investigation of the most complex and socially significant cases. 📈 Justice system as an economic driver. The legal environment must promote investment and entrepreneurship. Therefore, together with entrepreneurs and representatives of the justice sector, we will work on proposals to strengthen Latvia's competitiveness. 🛡️ Stronger cybersecurity. We will review the regulatory framework so that highly qualified cybersecurity experts, or 'white hackers,' can help protect state and public interests in a clear and lawful manner. 🇱🇻 The goal is one – a modern, effective, and results-oriented justice system that strengthens both justice and Latvia's security and economy.
From@AndrisKulbergsDay No.24 in the prime minister's chair. Homework must also be done by the prime minister. You cannot sort out a country if everything at home isn't in technical order. 🙂 Today: ➖️ An early morning interview on @TV3zinas's 900 sekundes. After that @lsmlv ➖️ Classified documents day – reports from state services have piled up over the month. I can say that about half of them actually contain nothing that social network users wouldn't already know. We still classify too much information in the country and unreasonably hide it from the public. ➖️ Met with the UAE ambassador to Latvia 🇦🇪🇱🇻. The conversation quickly became open and constructive, because I myself have a personal connection with the United Arab Emirates – I worked there in 2000 and know the country well. We agreed to push cooperation in investment, defense and economic areas much faster, taking concrete steps to strengthen the partnership between the two countries. ➖️ Met with @elnormous to hear his vision of the resilience of Latvia's state ICT systems against cyberattacks – what needs to be done, what needs to be changed and what needs to be supplemented to make our digital environment safer. ➖️ In parallel with the prime minister's work, work on approving and submitting the @Apvienotais_ municipal election candidate lists must also continue. This week the final program of the United List also has to be approved. ➖️ Special greetings to our 🇨🇦 Canadian friends on Canada Day! Canada is a great example of how allies provide not only political but also real military support, deploying their armed forces where they are most needed – also in Latvia.
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To discuss issues related to the upcoming changes in the municipal funding equalization system, as well as EU structural funds for the next period, a valuable meeting with the mayors of @LatgalesRegions in Lūznava today. Thank you for your responsiveness and suggestions! https://t.co/T2h0MoJYe1
📍Latvia has good EU fund management, but stricter investment prioritization is needed; 📍For projects funded from the state budget, control should be more centralized, today a valuable conversation about this with leading experts from @monetary_imf https://t.co/QCTElVwA9O
📍Need to achieve targeted support for EU Eastern border regions; 📍Restoring economic development as a priority; 📍Energy as a precondition for resilience, Discussions on these and other important issues at ECOFIN meetings yesterday and today #drošība #ekonomika https://t.co/k8zV2Xw6Jy
Together with the finance ministers of Lithuania and Estonia, as well as the @EBRD president, a memorandum of understanding was signed on further cooperation in developing a unified Baltic capital market. This is a step forward so that we can talk about a unified, efficiently functioning Baltic market. https://t.co/FSoYOlpYIX
The involvement of international financial institutions in financing long-term projects is particularly important in the current geopolitical circumstances and sends a positive signal to investors about Latvia's development potential, which we discussed with European Investment Bank Vice President Karl Nēhammer https://t.co/Vv0gJGr1WB
It is important to maintain strong international support for Ukraine, especially by promoting investments, business development, and long-term reconstruction of the country. We were of one mind on this today when meeting with the Swiss representative at the European Bank for Reconstruction and Development, Ambassador Pietro Lazzeri.
The European Bank for Reconstruction and Development annual meeting in Riga – at the right time and in the right place. If the bank's shareholders are here and talk about investments in Latvia, that is a signal that our country is safe for both residents and investments.
During the EBRD annual meeting, I met with representatives of the US Treasury. There are already companies in Latvia that use the opportunities provided by EBRD, especially in regions such as Lēdurga and Liepāja. The use of EBRD instruments is important for the development of the military industry. https://t.co/F7uBNOdLpP
Valuable meeting with @EBRD President @OdileRenaud. The presence of EBRD leaders and shareholders in Riga, holding the meeting right here, is a direct confirmation to businesses worldwide that Latvia has a safe environment for investment. https://t.co/bmp2Q486Wd