Well Developed Relations Offer Greater Opportunities to Georgian and Latvian Businesses  

Georgian and Latvian legislative and executive bodies have started active interaction at the beginning of 90’s. The two countries have managed to create effective bilateral legislative base which envisages practically all directions of cooperation. Our partnership is called strategic, strengthening relations by common interests and visions, both on a regional and global scale.

Latvia as a European Union and NATO member state has always supported Georgia’s way towards integration to the European and Euro-Atlantic Institutions as well as the ongoing reforms in Georgia.

On 27 June 2014, the Association Agreement was signed between the European Union and the European Atomic Energy Community and their Member States, on the one part, and Georgia, on another, with the aim of deepening political association and economic integration with the EU. Latvia was among the first three European Union Countries which ratified the AA between EU and Georgia.

Georgia and Latvia have excellent bilateral relations. The Parliament of the Republic of Latvia has adopted several supporting statements regarding occupied territories of Georgia. On multilateral level, Latvia as a member state of Baltic Assembly has joined to the joint statements of the Assembly on non recognition of „Treaty on Alliance and Integration” between the Russian Federation and Georgia’s breakaway region of Tskhinvali/South Ossetia. Latvia is also a strong and permanent supporter of Georgia IDP’s resolutions at the UN General Assembly.

Starting from 1st January 2015 Latvia has been chairing the Council of the European Union. As one of the main priorities, the Latvian government announced cooperation with Eastern Neighbours. Georgia has declared its ambitions openly to join EU and Latvia as chair country has prioritised support of such countries.

During the last few years exchange of official and working visits have been intensified, officials of both countries express more willingness to have more active trade relations. One of the main purposes of the recent official visit of the Latvian President, H.E. Mr. Andris Berzins (25-27 November 2014) was the development of economic relations between two countries. More then seventy Latvian businessmen, from more than 50 companies have arrived with a delegation in Georgia. Two business forums were held in Tbilisi and Batumi.

Within the framework of the official visit of the President of Georgia H.E. Mr. Giorgi Margvelashvili (15-17 April, 2015) was held a meeting between representatives of Georgian business associations and representatives of Latvian business. 

As a result, mutual endeavours are getting their results and more Georgian and Latvian companies are creating joint ventures.