Cooperation, Economics, Latvia, Markets and Companies

Margers Krams.

During the visit on November 15 and November 16, Krams participated in Latvia's Independence Day celebrations organized by the Edmonton Latvian society "Imanta", as LETA was informed by the Embassy of Latvia in Canada.

On November 16 Krams had a meeting with Lieutenant-Governor of Alberta Province Norman Kwong, Speaker of the Legislative Assembly of Alberta Ken Kowalski, Head of Department of Energy at the Legislative Assembly of Alberta Jonathan Denis, as well as with representatives of the government of Alberta.

Alberta is one of the most dynamic provinces of Canada; its economic growth has been traditionally based on the local oil industry, but now Alberta Province also works on diversifying its economy, focusing on the sectors of higher education, hi-tech, bio-technology and environment preservation technologies. The province has one of the lowest unemployment rates in Canada.

In a meeting with the province's Deputy Minister of Advanced Education and Technology Annette Trimbee and Assistant Deputy Minister Mel Wong, the ambassador discussed potential cooperation opportunities between Alberta province and Latvia in the sectors of wood chemistry and telecommunication technologies. The officials also discussed boosting cooperation in higher education and providing support for young entrepreneurs, as well as the possible signing of a memorandum of understanding in the sectors of higher education and technologies.

The ambassador of Latvia also had a meeting with the Managing Director of Economic Development of the Edmonton Economic Development Corporation Kent McMullin. At the meeting, Krams and McMullinn agreed to support cooperation between the Edmonton Economic Development Corporation and the Investment and Development Agency of Latvia.