Latvian immigration focus on the Latvian economy:
Artis Kampars, Chairman of the Latvia-China Business Council and former Minister of Economics of Latvia, stated in a recent exclusive interview with Xinhua News Agency that in recent years, trade between Latvia and China has shown a year-on-year growth trend, and there are broad prospects for economic and trade cooperation between the two countries.
Kampars said he has visited China five times. China's development is rapid, and it is changing every year. China's infrastructure construction has developed rapidly, with high-speed railway networks covering almost the entire country.
He said that the prospects for economic and trade cooperation between Latvia and China are broad. As a member of the European Union, Latvia is a gateway to the EU market. Latvia is rich in timber and dairy products, which can be exported to China, and the two countries can also cooperate in the fields of finance and education. In 2012, the prime ministers of the two countries met twice, indicating that both sides have a strong willingness to strengthen cooperation. In recent years, the trade volume between Latvia and China has shown a year-on-year growth trend, with an average annual growth rate of 30%. It is expected that Latvia's exports to China will increase significantly in the coming years.
Kampars introduced that the Latvia-China Business Council has been established for more than a year, and Latvia's largest and most influential enterprises are participating in it. These enterprises are targeting the huge, untapped potential for economic and trade cooperation between the two countries. At the same time, many Chinese companies have also joined to seek to expand their business in the European Union.
He said that the Latvia-China Business Council is committed to tapping the potential of economic and trade cooperation between the two countries and has taken a series of specific measures, including promoting information exchange between the business communities of Latvia and China, acting as a bridge for cooperation between enterprises of the two countries; promoting Latvia and China and their cultures through the media of both countries to strengthen mutual understanding and trust; and promoting personnel exchanges through various channels so that cooperation projects in various fields can be implemented.
Regarding issues such as the long distance between the two countries, Kampars said that the Council is working with the Latvian Chamber of Commerce and Industry and the Investment and Development Agency of Latvia to find ways for Latvian enterprises to showcase themselves and their products, visit China frequently, participate in various exhibitions in China, and demonstrate their capabilities to Chinese partners. This year, the Council plans to arrange at least two exhibitions, which will be attended by numerous Latvian enterprises.
