Latvia invest $150mln in Belarus annually
Latvia invests around $150 million in the Belarusian economy annually, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Republic of Latvia Alexander Gerasimenko said when speaking at the 4th Belarusian-Latvian Investment Forum in Minsk, reproted Belta.
According to him, Latvian companies show big interest in the Belarusian market. Latvia is also among Belarus' top ten investors .
Economy Minister of Belarus Nikolai Zaichenko said, there are quite a few companies in Latvia with Belarusian capital. "We are considering our participation in various economic sectors including in seaport infrastructure," he said. The Belarusian-Latvian unified council for cooperation has been set up recently. This non-governmental organization aims to expand the areas of mutual cooperation.
On his part, Economy Minister of Latvia Kaspars Gerhards specified that there are more than 300 companies in Latvia with Belarusian capital. They are mainly engaged in construction, trade and manufacturing. According to him, the Latvian side would like Belarus to increase transit, transshipment of its cargoes through Latvian ports.