International Internet Magazine. Baltic States news & analytics
Friday, 09.12.2016, 11:44
Latvia continues to lag behind the Baltic Sea region’s average level as its standing in the Baltic Sea Index has decreased by 6.8 points, according to Swedbank’s latest Baltic Sea Report.
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Latvia is aware of Belarus' military orientation but dialogue with this neighbor country is necessary - Defense Ministry07.12.2016
Being aware of Belarus' military and political orientation, Latvia still believes dialogue with this neighbor country has to be maintained to prevent any miscommunication, LETA was told at the Defense Ministry.
- The former leader of the Center Party, Edgar Savisaar, searched for opportunities as recently as in 2014 to get money for the Center Party's pre-election campaign from the Kremlin sponsored ruling party of Russia, Postimees said in its Wednesday edition citing LETA/BNS.
Latvian Defense Minister Raimonds Bergmanis (Greens/Farmers) and Belarus' Defense Minister Andrei Ravkov are due to sign an agreement on defense cooperation this Tuesday, December 6, LETA was told at the Defense Ministry.
The process of sending Lithuanian military helicopters to Russia for repairs was cleared by high-ranking defense officials before it was stopped at the last stage, according to documents available to LETA/BNS.
Yesterday, at the SPEAR’S Russia Wealth Management awards ceremony, the prize for the nomination of ‘Best Private Bank in the CIS and Baltic States’ was awarded to Rietumu Bank. Within the competition’s framework, its authoritative and professional jury selected the best representatives from private banking industry, wealth management, and related industries.
The Moscow-based chocolate factory Krasny Oktyabr (Red October) is in a dispute with Naujoji Ruta over the design of the wrapper of candies that the Lithuanian confectioner produces for the German market, writes LETA/BNS.
The Latvian Defense Ministry has sent a reply to the Russian military attache in Latvia, inviting the Russian Defense Ministry officials to an expert-level meeting in Riga to discuss confidence- and security-building measures along the mutual border, the Latvian Defense Ministry said LETA.
The European Commission's (EC) Joint Research Center is moving towards the conclusion that the Baltic electricity systems should be synchronized with Western Europe via Poland by way of constructing the second power link, LitPol Link, Lithuania's Energy Vice-Minister Aleksandras Spruogis says LETA/BNS.
Russian Foreign Minister Sergey Lavrov has presented to former chairman of the board of the Estonian Employers Confederation and chairman of the furniture producer Standard, Enn Veskimagi, the Russian Order of Friendship, reports LETA/BNS.
Estonia's good neighborly relations with Russia would mostly mean closer economic ties and cultural cooperation, candidate prime minister Juri Ratas said, writes LETA/BNS.
The Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has confirmed to the Latvian Food and Veterinary Service that it is considering lifting the current ban on Latvian fish product imports, Ilze Meistere, a spokeswoman for the Food and Veterinary Service, told LETA.
Altogether 10.3 mln tons of freight was transported on the infrastructure of the state-owned Estonian railway infrastructure company Eesti Raudtee (Estonian Railways) in the first 10 months of 2016 or 19.6 % less than in the same period a year ago, reports LETA/BNS.
Latvian company Do It which belongs to the international household goods retail chain Jysk has invested EUR 1.2 million to open the first Jysk store in Belarus, said Dace Zundure, Jysk manager for the Baltic states and Belarus.
The Estonian aircraft maintenance and repair company Magnetic MRO has signed a long term agreement with Air Astana, the flag carrier of Kazakhstan, to provide repair and overhaul for the carrier's escape slide systems.