Our Mission
FICIL’s mission is to improve the business environment in Latvia through active dialogue with the government. Based on our member experience and expertise, we advise in an unbiased and transparent manner the Latvian government on areas to improve the investment climate so that it benefits all investors that adopt ESG principles (sustainability, ethical business practices, and social responsibility).
Accordingly, the following principles lie behind FICIL’s activities:
- FICIL works with the government of Latvia in solving common problems shared by its members,
- FICIL does not lobby or represent interests of individual companies,
- FICIL identifies generic issues and then strives for solutions to improve the investment climate overall.
- FICIL focuses on generic issues of concern to the wider investors’ community in Latvia.
FICIL priorities for the upcoming years
About FICIL
The Foreign Investors’ Council in Latvia (FICIL) is a non-governmental organisation that brings together the largest companies from various countries and sectors that have made significant investments in Latvia, as well as ten countries’ Chambers of Commerce in Latvia and Stockholm School of Economics in Riga.
FICIL consists of the foreign investors-activists that are deeply integrated into the Latvian economy, possess policy-relevant expertise and seek to promote the country’s long-term development. We maintain a continuous engagement with highly reputable policy-related local and international stakeholders and focus on systematic issues that impact all (local and foreign) socially and environmentally responsible investors in Latvia.