Foreign policy Egils Levits

On 29 November, in scope of his state visit in Tel Aviv, President of Latvia opened the Latvia-Israel Business Forum. Latvia was represented by a business delegation of 50 companies from IT, medical, education, food industry, logistics and other sectors.

President Levits witnessed the signing of several cooperation memoranda between Latvian and Israeli medical, education and research centres – University of Latvia and Tel Aviv Sourasky Medical Center, University of Latvia and Shaare Zedek Medical Centre, Riga Stradiņš University and Sheba Medical Centre near Tel Aviv, Children’s University Hospital and Schneider Children’s Hospital.

Latvia will mark the 20th anniversary of European Union (EU) membership in 2024, said President at the opening of business forum. Many key reforms have been completed and significant growth achieved during this period. Latvia is one of the countries behind the future growth with its bilateral efforts and activities designed to reach common EU goals. Like other member states, Latvia is committed to becoming climate neutral by 2050, emphasised President Levits.

EU is Israel’s biggest trade partner, stressed President. Latvia is looking forward to deepening economic ties in areas like high technologies, research, medicine, education, tourism and other fields. Innovations and education are key for growth and modern economy, Egils Levits underlined. ‘Latvia must invest in development of biomedicine, smart energy and smart materials, the so-called ‘smart cities’, photonics and ICT.’

According to President of Latvia, Riga has good ICT infrastructure as the capital, offering Israel’s companies a convenient access to wider North European market for expansion of their business.

Egils Levits also reminded that leading European 5G experts are meeting in Riga today at the 5G Techritory conference.

President Levits urged participants to explore additional cooperation opportunities in the field of medicine, in particular, precision medicine.

President of Latvia Egils Levits concluded his speech by wishing the recently opened Latvian Investment and Development Agency Trade Mission in Israel success in intensifying business cooperation between Latvia and Israel.

29.11.2022. Valsts prezidenta Egila Levita valsts vizīte Izraēlas Valstī
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