AmCham works hard to accomplish its goals and is a voice in the business community that is heard.
Filips Klavins, Managing Partner at Ellex Klavins
On Tuesday, December 10, the Cabinet of Ministers supported the removal of several bureaucratic obstacles to hiring international talent. We would like to thank and congratulate our Labor working group, and especially, Irina Kostina (Ellex Klavins) who contributed to the positive outcome of these long-awaited amendments!
According to the Interior Ministry, the amendments are meant to mitigate the negative impact of a local labor shortages rather than allow the import of cheap foreign labor to undercut local workers.
In particular, the amendments abolish the requirement to publish a vacancy in case prospective employee from a third country has been employed in Latvia for two years, or has been employed by the given employer and the employer wishes to employ him or her in another job.
In Nasdaq we strive to build sustainable principles into our solutions because it is the key to long-term global prosperity. AmCham is an organization where well-governed and transparent companies of different sizes and origins meet. This is why I am delighted to contribute to improving the business culture and corporate governance through AmCham.
Liene Dubava, Chair of the Management Board of Nasdaq Riga Stock Exchange