Latvia eyes investment via B&R
Print Edition
LATVIA welcomes Chinese institutional and individual investors to boost the trade link between both countries under the Belt and Road initiative, Latvia’s ambassador said yesterday in Shanghai.
Trade volume between China and Latvia has grown 10 percent annually in recent years. The two countries have great potential to trade and cooperate in agriculture, food processing, information technology and telecommunications, biomedicine, culture, education and tourism, said Ambassador Maris Selga.
Latvia has also issued bonds, authorized by its central bank, to lure Chinese investors who can enjoy benefits like getting visas by investing in the European Union. Latvia has also set up a new office in Shanghai to attract local investment.
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