Egils Levits
The President of
the Republic of Latvia

President Egils Levits was born on 30 June 1955, is a Latvian lawyer, political scientist and judge who is the President of Latvia since 8 July 2019. He was also a Member of the European Court of Justice from 2004 to 2019.... More..
Ambassador Artis Bērtulis
Ambassador of the Republic of Latvia to the Republic of India.

Ambassador Artis Bērtulis holds a degree in physics from the University of Latvia and a post graduate in international affairs from the Royal College of Defense Studies. More..
Dr. Manil Fernando
Honorary Consul

Dr. Manil Fernando is a practicing orthopedic surgeon, businessman, consultant and a football enthusiast. More..
Home > Business in Latvia

The Latvian economy since 2000 has been one of the fastest expanding in the European Union, with growth annually averaging almost 8.0%. In 2006 the economy grew 12.2% and a further 10.3% in 2007. In 2008 the economy slowed as the pace of world economic growth slowed sharply. 2009 has seen the pullback continue as excesses in the economy built-up in recent years have unwound, not helped by the slump in the world economy, especially key export markets like Europe and Russia.The 2008-2009 pullback is seen as positive as it will help put the economy on a more well-balanced keel.

LIAA - One-Stop-Shop for Foreign Investors and Buyers interested in Latvia
The Investment and Development Agency of Latvia (LIAA) is a state institution reporting to the Ministry of Economy. LIAA offers assistance throughout the process of setting up operations in Latvia, acting as a first point of contact and as a 'one-stop-shop' in assisting investors and in developing tailored solutions to meet their specific needs. The Agency has its own regularly updated database of Latvian enterprises to facilitate partner searches for investment projects and for exporting or subcontracting businesses.

Investment and Development Agency of Latvian

Foreign Trade Promotion Department
Export provision division

Project manager

Perses street 2, LV-1442, Riga, Latvia.
Telephone : +371 67039409
Cell phone : + 371 29750678

Maris Elerts
Department Director
Telephone : +371 67039410
Cell phone : +371 29208617

or visit:

For other business related information on Latvia, please see the following useful links:

Central Bank of Latvia

Ministry of Economics

Ministry of Finance

The Register of Enterprises of the Republic of Latvia


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