Prime Minister E. Siliņa participates in the signing of a memorandum of understanding with “Rheinmetall” on the establishment of a munitions factory in Latvia

This is clearly a historic moment for Latvia, our industry, and even a key moment between our countries.

Today we confirm our intent to work together with one of the most influential defence manufacturers in the world Rheinmetall. The goal is clear – we want to establish a successful ammunition production line in Latvia.

By signing the Memorandum of Understanding, we lay a strong foundation for stronger ties between defence industries of Latvia and Germany. Opening a production line in Latvia will substantially improve security of supply in the Baltic region and northern Europe.

It will not be a simple buyer and seller relationship. We intend to build a solid, long-term partnership with Mr. Papperger and Rheinmetall. I am personally committed to building a lasting cooperation. Today, we both were trying to remember. It is not even a year, since we both met with Mr. Papperger in Germany. And now we are able to sign a Memorandum of  Understanding.

It is important for me. It is important for defence of our citizens in Latvia. It is important for Germany. It is important for Europe that we can show - we can have fast, long-term relationship and cooperation. And we can defend ourselves.

Because this partnership is very important for our national defence industry and beyond. It is a clear signal for our resolve and readiness to invest in our security.

We have a lot of work ahead of us to make this a reality. A memorandum is an important first step and this is just a beginning. I look forward to moving ahead even more quickly as before. So that we can see and feel real impact of the development of our military capabilities.

We do it for our military and our people, whose security and protection is a number one priority for me, for Europe and, I believe, for democracy.

Thank you so much for joining us for the signing of the Memorandum of Understanding.