Press releases

20.09.2018 Ministru prezidents

On Thursday 20 September, Prime Minister Māris Kučinskis participated in the informal European Council meeting in Salzburg. The focus of this meeting was on internal security, including the security of elections and cybersecurity.

11.09.2018 Ministru prezidents

The Financial Sector Development Council, supported by Prime Minister Māris Kučinskis, has today (11 September) approved an action plan to strengthen Latvia’s anti-money laundering capabilities, and its ability to combat the financing of terrorism and weapons proliferation.

10.09.2018 Valsts kanceleja

Latvia has made an application for annulment of an arbitral award rendered on 22 December 2017 by an arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”) in the case of UAB “E energija” (Lithuania) v. Republic of Latvia. The arbitration related to UAB “E energija” claims against the Republic of Latvia made under the Agreement between the Government of the Republic of Lithuania and the Government of the Republic of Latvia on the Promotion and Protection of Investments dated 7 February 1996 (the “Lithuania-Latvia BIT”).

23.08.2018 Ministru prezidents
  • Moneyval has published fifth round evaluation lauding Latvia for international cooperation, but calling for much stronger measures on sanctions enforcement and beneficial ownership
  • Government has welcomed the report, saying it will help guide and direct ongoing reform efforts
  • Recommendations build on progress already made to reduce foreign deposits and strengthen legal oversight of the sector
22.08.2018 Ministru prezidents

This week, the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval) will publish their report on the fifth round of the evaluation of the Latvian Anti-Money Laundering and Terrorist Financing (AML/CTF) system. The evaluation was carried out by experts from Moneyval in accordance with international Financial Action Task Force on Money Laundering (FATF) standards during their visit of October 30 to November 8, 2017 and is an independent audit that will help Latvia meet the latest global AML/CTF standards. For the first time, the committee assessed both the technical compliance and operational efficiency of Latvia’s system.

21.08.2018 Ministru prezidents

On Tuesday, August 21, the governments of both countries met in Riga in order to discuss issues of importance for Latvia and Estonia. This meeting was held in commemoration of the centenary of the founding of both countries and was aimed at strengthening the close friendship between the two similar-minded countries and promoting constructive cooperation on mutually important issues.

15.08.2018 Ministru prezidents

On Wednesday, August 15, Prime Minister Māris Kučinskis met in Riga with Prime Minister of Poland Mateusz Morawiecki. During the meeting, both parties discussed cooperation between Latvia and Poland by paying special attention to matters related to security.

14.08.2018 Valsts kanceleja

On Tuesday, 21 August, Latvian and Estonian governments will meet at the National Library of Latvia in Riga to discuss issues of common interest for both neighbouring countries. The first joint meeting of both governments in Riga will mark the 100 years since establishment of Latvian and Estonian states.

19.07.2018 Ministru prezidents

 On Thursday, July 19, Prime Minister Māris Kučinskis met with the Minister of Foreign Affairs of Belarus Vladimir Makei in Riga.

10.07.2018 Ministru prezidents

On Tuesday 10 July, Prime Minister Māris Kučinskis met with Prime Minister of Canada Justin Trudeau in Rīga.

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