AmCham believes that a new specialized Economic Court would lead to the improvement of the business environment in Latvia.

Our members and foreign investors have repeatedly pointed out that slow and unpredictable proceedings contribute to corruption and make Latvia less attractive for investors. Our members are concerned about the fact that complicated economic crime cases remain unsolved in the courts for decades.

We therefore call the Judicial Council to support the establishment of an Economic Affairs Court and to actively engage and contribute with its knowledge and experience to the successful implementation of the new court.