Being part of AmCham is a great way to maintain business contacts with entrepreneurs and professionals.
Normunds Bergs, Chief Executive Officer, SAF Tehnika
Latvia is the only European Union (EU) Member State to have improved its performance in combating bribery of foreign public officials, according to Transparency International's report Exporting Corruption 2022 however, several recommendations still need to be implemented. The successful pre-trial investigations carried out by the Corruption Prevention and Combating Bureau of Latvia (KNAB) and the measures taken by Latvia to improve this area have been welcomed and placed on a par with the United Kingdom, Germany, France and Norway.
The report covers 43 of the 44 signatories to the OECD Anti-Bribery Convention as well as in China, Hong Kong SAR, India and Singapore. The performance indicators are grouped into four combating categories – active, moderate, limited and low or non-existent.
Latvia is one of the seven countries assessed as having a moderate performance in combating bribery of foreign public officials. Latvia is the only EU Member State and one of the two OECD Convention signatories to have improved its performance in combating bribery of foreign public officials and to have achieved an increase in the categories assessed. Latvia is ahead of countries such as Canada, Sweden, Singapore, Lithuania, Estonia, etc.
To view the entire report is available HERE
Source: DELNA & KNAB
I would highly recommend membership to other professionals looking to expand their business connections.
Gundars Ziemanis, Latvia branch Country Manager, Siemens Healthineers