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Latvian ministry to promote export

Nov 27, 2003
Baltic Business News

RIGA - In order to even out the country's trade balance, Latvia's Ministry of Economy has elaborated the basic concept for promoting export. Last year import exceeded export by 72.2 percent, and this year the difference is expected to reach 78.6 percent. According to the data from the Central Statistics Bureau, the amount of Latvian exports reached 1.2 billion lats (1.8 billion euros) in the nine months of 2003, while Lithuania exported goods for an equivalent of 2.88 billion lats and Estonia - ...

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