On 17 September 2025, the Foreign Investors’ Council in Latvia (FICIL) held its Members’ Meeting at the offices of Bite Latvija. The event brought together corporate and associate members as […]
The government’s recent refusals to adopt necessary decisions and take concrete steps signal a lack of political support for the Shadow Economy Reduction Plan for 2024–2027 (the Plan). For example, […]
Valdības nesenie atteikumi pieņemt nepieciešamus lēmumus un spert konkrētus soļus liecina par politiskā atbalsta trūkumu Ēnu ekonomikas ierobežošanas plānam 2024.–2027. gadam (Plāns). Piemēram, ir atlikta grozījumu Ministru kabineta 2021. gada […]
The Foreign Investors’ Council in Latvia calls for the immediate adoption of the Economic Sustainability Law (ESL)! Without a clear regulatory framework, Latvia risks losing more than EUR 600 million […]
Ārvalstu investoru padome Latvijā aicina nekavējoties pieņemt Ekonomiskās ilgtspējas likumu (EIL)! Bez skaidra regulējuma Latvija riskē palaist garām vairāk nekā 600 miljonus EUR no Eiropas Klimata instrumenta un būtisku nākamā […]
The foreign investors play an important role in boosting Latvia’s economic development, as job providers (recruiting 27% of the total workforce in the country), taxpayers (accounting for 45% of total […]
In view of budgetary pressures in Latvia, the Foreign Investors’ Council in Latvia (FICIL) emphasizes the need for effective use of state and municipal capital, calling for increasing efficiency and […]
FICIL recognises progress in the public procurement system of Latvia, although calls for continued reforms that would address existing challenges and, thereby, stimulate economic development. The concerns of favouritism of […]