Meeting at the Investment and Development Agency of Latvia (LIAA)

Meeting & including lunch with the Director of LIAA Mr. Andris Ozols at the LIAA office in Riga who told us a little about the objective of the Investment and Development Agency of Latvia (LIAA) that is to promote business development by facilitating more foreign investment, in parallel increasing the competitiveness of Latvian entrepreneurs in both domestic and foreign markets.

With over 20 years of experience in the attraction of foreign direct investment to Latvia and promotion of foreign trade, the Agency has worked constantly to improve the business environment and provided services appropriate to the needs of business.

After Latvia’s accession to the European Union (EU), the Agency needed to adopt new methods and tools, including the effective utilisation of resources from EU funds. Today LIAA offers an integrated solution – it supports companies in Latvia trading internationally, as well as overseas businesses seeking partners or locations in Latvia; administrates state support programmes for entrepreneurs, co-financed from EU funds.

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