RIGA - An orderly legal environment has a significant impact on the development of the national economy, Minister of Justice Janis Bordans (New Conservative Party) said in a webinar today on the justice system as a basis for the development of the national economy and national welfare.
During the webinar, the link between economic processes and the justice system was discussed, highlighting the role of the justice system in the context of economic growth.
"Latvia is a prosperous Latvia. High-quality law and effective work of law enforcement agencies is a guarantor of the rule of law and in the long run builds trust in the state power, contributing to the long-term development of the state," said Bordans.
Bordans also emphasized clarity of the law as the most important aspect of improving the quality of the law, because the goal of the rule of law is to have a just nation and law is an instrument for achieving this.
"The rule of law can only serve as an instrument for the growth of the Latvian economy if it is implemented through a clear and comprehensible legal norm, because an unclear legal norm is a low-quality legal norm," the minister believes.
Bordans expressed the opinion that a balanced regulation of regulatory enactments and an efficient court process is an important factor in the development of economic growth. On the other hand, an effective system of specialized courts is a tool that can help to ensure a higher quality of court proceedings and, at the same time, shorter time limits for processing these cases.
"Therefore, in order to ensure the necessary preconditions for further development of specialized courts, a decision was made to establish an Economic Court that specializes in reviewing economic related cases," the Minister emphasized.