On August 24 the Board and Staff held its semi-annual retreat at Hotel Bergs to discuss the Chamber's current strategy and future priorities.

The board follows closely the key priority areas set at the beginning of the year:

• Fostering trade and investment between Latvia and the U.S. and raising awareness of economic opportunities between Latvia and the U.S. by proactively promoting Latvia as a U.S. investment destination, supporting the Three Seas Initiative Summit & Business Forum in Riga, promoting Spotlight Latvia, and organizing a seminar on the U.S. market, Pan-Baltic webinar on trade secrets with the U.S. Embassy and a webinar on geopolitical impact of Ukraine-Russia war.
• Improving the business and investment climate in Latvia by monitoring the development of lobbying regulation in Latvia and updating tax legislation to ease tax burden for foreign investors;
• Getting prepared for the future of work by updating the AmCham position "Latvia - a career destination" on employment matters;
• Improving health outcomes of Latvia's society - continuing the work of the Healthcare work group to support the numerous pilot projects on sustainable healthcare financing model, Value-based healthcare approach, digital health strategy, legal framework for secondary use of health and social data and two recent events: dinner with EU experts on oncology care coordination and joint memorandum on digital health.

The Board meets twice a year outside its monthly meetings for a focused, strategic session to set the future direction and to review the Chamber's performance.

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