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Trade and Business in Latvia
Contact & Social Networks
Syllabus of the Subject - Foreign Trade and Business in Latvia .
Riga.
Introduction to the Republic of Latvia (European Union);
Latvian Economy;
Doing Business in Riga;
Latvian Foreign Trade (Import, Export);
Foreign Direct Investment (FDI) in Latvia;
Access to the Latvian Market;
Business Plan for Latvia.
Objectives
The objectives of the subject “International Trade and Business in” Latvia” are the following:
To analyze the Latvian Economy and Foreign Trade (Import, Export, FDI);
To know the business opportunities in the Latvian Market;
To analyze the trade relations of Latvia with the country of the student;
To know the Latvian free trade agreements as a member of the European Union (EU);
To develop a business plan for the Latvian Market.
Sample:
Related Education
Foreign Trade and Business in Latvia
Logistics
Transport Corridors related to Latvia North Sea-Baltic Transport Corridor (Finland, Estonia, Latvia, Lithuania,
Poland, Germany, Netherlands, Belgium) ;
Access to the
Trans-Siberian Railway (Russia, Mongolia, China, North Korea) ;
Pan-European Corridor II ;
Pan-European Corridor IX .
Preferential Access
Latvian Preferential Access and Free Trade Agreements :
Latvia and the European Economic Area ;
European Union European Customs Union ;
European Single Market ;
EU Services Directive ;
European Digital Single Market ;
As a member of the European Union, Latvia is a beneficiary of the
EU Free trade agreements with
Algeria ,
Ivory Coast ,
South Africa ,
South Korea ,
India ,
Lebanon ,
Ukraine ,
Moldova ,
Mexico ,
MERCOSUR ,
Chile ,
Egypt ,
Jordan ,
Georgia etc. besides the
Customs Union with Turkey .
Council of the Baltic Sea States (CBSS ) ;
Regional Cooperation Council (RCC ) .
Latvia is an observer country of the
Regional Organization for Democracy and Economic Development (GUAM) .
Sample:
Trade Facilitation
Sample:
Organizations
Sample:
Latvia
The Republic of Latvia (Europe ).
Latvian Capital: Riga;
Official Language of Latvia: Latvian;
Latvian Area: 64,590 square kilometers;
Latvian Population: 2 million people;
Type of Government of Latvia: Parliamentary Republic;
Borders of Latvia: Estonia , Lithuania , Russia and Belarus ;
Independence of Latvia from the Soviet Union: 1991.
Religion in Latvia: Christianity .
Protestantism :
Latvian Evangelical Lutheran Church (35%);
Catholicism (25%);
Orthodoxy (20%).
Latvia belongs to the Western Civilization (European Economic Area).
Sample:
Economy
Economy of Latvia .
The Republic of Latvia is ranked 21st in the world (Index of Ease of Doing Business, World Bank);
Latvia, Estonia and Lithuania are the so-called Baltic Tigers ;
According to the Human Development Report (United Nations), Latvia belongs
to the very high human development countries group ;
Financial crisis in 2008-2009;
Latvian GDP (nominal): 41,005 million dollars;
GDP per capita of Latvia: 16,620 dollars;
Latvian Currency: Euro (2014);
Latvia is a member of the European Union since 2004;
Headquarters of the Office of the Body of the European Regulators for Electronic Communications (BEREC
Office): Riga (Latvia);
The main Latvian economic sectors are tourism, agriculture, textiles and steel metallurgy;
The privatization process in Latvia has virtually ended.
Foreign Trade
Latvian Foreign Trade
The main Latvian Exports are foods, wood and wood products, metals, machinery and equipment, textiles;
Top Export Markets :
The United Kingdom , Sweden and Germany ;
The main Latvian imports: machinery and equipment, consumer goods, chemical products, fuels;
The main suppliers of Latvia: Russia, Germany and Lithuania;
As a member of the European Union, Latvia is a beneficiary of the EU Free trade agreements with India, Mexico, MERCOSUR, South Korea, Peru, the ASEAN, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia...
Sample:
Sample:
Sample:
(c) EENI
(c) EENI Global Business School (1995-2022)
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