Latvian Prime Minister’s Mr.Valdis Dombrovskis visit in France

In response to an official invitation, the Latvian Prime Minister Valdis Dombrovskis visited France from 18.-20. of April.

During this visit, V.Dombrovskis met with President Francois Hollande and Prime Minister Jean-Marc Ayrault. The topics discussed included bilateral cooperation opportunities and economical relations, EU highlights, as well as Latvia’s accession to the Eurozone, to which it would receive support from France in case of a positive convergence report.

It was emphasized that, because France is the second biggest EU economy, both countries have broad possibilities to enhance trade. Currently, France is the 19th biggest trade partner for Latvia. Officials mentioned transport, logistics and tourism to be among the most perspective industries.

During the course of the visit, Latvian Prime Minister spoke to OECD representatives and visited the ELENGY ‘’Fosmax’’ liquefied gas terminal in Fos-sur-Mer.

The Prime Minister also met with the union of French entrepreneurs MEDEF, in which more that 800 000 large, medium and small enterprises from all sectors are united. During the meeting, leading representatives of companies such as ‘’Alstom’’, ‘’ EADS France’’, EUTELSAT, GEFCO, ‘’Nexter Systems’’, ‘’Sofema Groupe’’, ‘’Systra’’ and others expressed interest in closers business relations with Latvia and elaborately discussed possibilities across various sectors of the economy.

Dombrovskis invited French entrepreneurs to consider investment projects in Latvia, while MEDEF vice-president Thierry Courtaigne emphasized that this was the right moment for French entrepreneurs to turn their attention to Latvia, as Latvia is one of the first EU countries to overcome the crisis and return to stable growth.

Both the Prime Minister and the President of France described the relations between the two countries to be ‘’excellent’’.