Latvian Foreign Minister: Invite Ethiopian enterprises to take advantage of services that Latvia provides as a hub for logistics and transport

On 27 September 2019, in the margins of the 74th session of the United Nations General Assembly in New York City, the Foreign Minister of Latvia, Edgars Rinkēvičs, met with the Foreign Minister of the Federal Democratic Republic of Ethiopia,   Gedu Andargachew), in order to talk about opportunities for cooperation especially in business and trade, as well as in international organisations.

Minister Rinkēvičs pointed out that Latvia is steadily expanding its cooperation with countries in Africa and it values the existing cooperation with Ethiopia. Latvia seeks to develop political dialogue and to facilitate exchanges of visits.

The Latvian Foreign Minister emphasised that it is very much in Latvia’s interests to be developing economic cooperation with Ethiopia including through exchanges of visits by companies from both countries and to conclude an agreement on avoidance of double taxation.

Minister Rinkēvičs highlighted the advantages of Riga International Airport and its interest in cooperation with Ethiopia on air cargo, taking into account that Addis Ababa is at the centre of one of the most important air transport networks on the African continent.

During the meeting, the Latvian Foreign Minister invited businesses based in Ethiopia to utilise Latvia’s favourable geographical circumstances and well developed transit infrastructure for cargo to and from Russia, Kazakhstan, and other CIS countries. He described how Latvian ports are well-situated in terms of logistics services and for moving goods both into and out of the European Union. Ethiopian companies can profit, he said, from the use of European standard logistics and the distribution network and services available via Latvia.

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