Bulgaria hosted the Three Seas Initiative on July 8-9, 2021 in Sofia. At the summit ten AmChams presented a joint declaration in support for better infrastructure, diversified and secure energy sources and fast digitalization and innovation. The next Three Seas Summit is set to take place in Riga, Latvia in 2022.

Over 45 members gathered at the courtyard of Radisson Blu Elizabete Hotel to celebrate the summer season with a BBQ event. Welcomed by AmCham President Zinta Jansons, members were addressed by Richard Damstra, Acting Deputy Chief of Mission at the U.S. Embassy who delivered greetings on the occasion of 245th Anniversary of the American Independence Day. A special thank you goes to our host Radisson Blu Elizabete Hotel for delicious food and cozy location and to Chocolette Confectionary for supporting us with RED chocolate treats!

On June 8, Līva Zorgenfreija, Chief Economist of Swedbank Latvia provided an in-depth macroeconomic outlook and engaged in a lively discussion with members. While the Latvian economy did relatively well in 2020, the performance was worse than the rest of the Baltics, but strong growth is expected again in 2022.