Published

March 13, 2024

Share

WASHINGTON, D.C. - The U.S. Chamber of Commerce hosted Prime Minister Evika Siliņa of Latvia at the U.S. Chamber’s historic headquarters for a fulsome conversation on the importance our bilateral relationship and the role American companies can play in supporting Latvia’s growth and prosperity. The Chamber lauded Latvia’s firm support for Ukraine, and its commitment to strengthening NATO and transatlantic security.  

Prime Minister Evika Siliņa said, "Latvia welcomes American investment. In our recent talks with the American Chamber of Commerce in Latvia, we emphasized Latvia as a gateway for U.S. companies entering the EU market. With our skilled workforce and focus on key sectors like bioeconomy, biomedicine, and ICT, we offer an attractive environment for business growth. Additionally, we see potential cooperation opportunities in energy, finance, defense, and other sectors. Increasing U.S. investment, alongside efforts to simplify administrative processes, highlights our potential for collaboration. AmCham's success reinforces our partnership, paving the way for continued growth. As the US is a key ally for Latvia, let's strengthen our business ties further." 

“Prime Minister Siliņa’s leadership in civil rights, security, and defense is admirable, and her visit underscores the strategic importance of Latvia in the Baltics,” said Marjorie Chorlins, Senior Vice President for Europe. “We also commend Latvia’s increased defense spending, new infrastructure projects, the country’s transition to LNG imports and its energy diversification, and its importance voice at the European decision-making table.” 

Discussions focused on strengthening bilateral and regional relations, particularly in defense, infrastructure, energy, and financial services. The Prime Minister expressed her support for the upcoming NATO Summit in Washington, and the Chamber’s Ukraine Business Initiative was also discussed, further solidifying the partnership between the U.S. Chamber and Latvia. 

The U.S. Chamber’s hosting of the Latvian Prime Minister is part of its important work representing and advocating for U.S. business interests at home and abroad. Each year, the U.S. Chamber hosts dozens of heads of state and over 500 other senior officials from around the world at its headquarters. Last year, the U.S. Chamber of Commerce led business delegations to 37 foreign capitals across every continent except Antarctica, providing access and insights for businesses expanding into new markets.  The Chamber also represents the American business community at multilateral gatherings, including the Munich Security Conference, the UN General Assembly, APEC, and COP28.