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Latvia's exports to Ukraine expected to remain stable in 2015

Latvia's exports to Ukraine expected to remain stable in 2015

Latvia's exports to Ukraine are expected to remain stable in 2015. Find the best immigration news on the Worldway investment immigration official website.

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Latvia immigration and business: According to a report by the Baltic News Service on June 15, the Chief Representative of the Investment and Development Agency of Latvia (LIAA) in Ukraine stated in an interview that Latvia's exports to Ukraine in 2015 are expected to remain at the 2014 level. If the conflict in Ukraine ends, bilateral trade is expected to increase to some extent. Meanwhile, due to obstacles in exports to Russia, Ukrainian products are increasingly appearing on the Latvian market, and the Latvian food industry is facing fierce competition from Ukrainian manufacturers.

In 2014, Latvia's total exports of goods and services to Ukraine amounted to 76.6 million euros, a year-on-year decrease of 16.6%, while imports from Ukraine totaled 109 million euros.
 

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