BRICS CCI hosted a delegation from Latvia to promote business
opportunities in the country. Latvia provides gateway to both the EU and Russia
hinterland. It looks to India for greater investment and trade and use of its
all-weather ports. Consequent to Latvia’s accession to the EU, accessing EU
market through investment in Latvia holds much promise for Indian Companies.
This along with the investment friendly policies of the Latvian government
provides great opportunity for Indian firms to make forays into the Latvian
market. Potential areas of investment from India include Fertilizers and scrap.
The event was graced by the presence of Mr. Ainars Groza [Transport Minister,
Ex Deputy Prime Minister, Latvia]. Companies like MMTC ltd., MSTC ltd., IFFCO
were among the Top Indian counterparts to explore opportunities to work with