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Foreign direct investments in Latvia: overview of legal regulation

  • Latvia
  • Other


Author: Viktorija Jarkina

Вестник ГРП при Минюсте России № 1, 2013

The significant difference between the production costs in the Eastern and Western countries, as well as investors' desire to strengthen their presence in promising and swiftly growing Baltic market have encouraged capital inflow to the Latvian economy. Legal, economic and technological globalisation obligates the country to maintain extensive international relations in strategically important industries.

Therefore, Latvia has concluded bilateral agreements on mutual investment protection and promotion with Lithuania, Estonia, Russia, Germany, Poland, the USA, Sweden and Norway, which are overviewed in this article, as well as with other countries.

Full article in Russian language available HERE.