How to accelerate FDI in times of pandemic

Apr 09, 2021 from 13:00 till 14:00

On April 9, members were invited to join an online meeting with Kaspars Rozkalns, Director of the Investment and Development Agency of Latvia (LIAA).

Since assuming his post in January 2020, Mr. Rozkalns has been focusing on improving Latvia’s international competitiveness. Attracting foreign investment and fostering bilateral business ties may be especially challenging during the time of pandemic, however, LIAA has achieved a lot – from implementing a fast-track channel for strategic investments to developing the long-awaited Latvia’s brand strategy. Mr. Rozkalns gave an update on the status of LIAA’s representation in the U.S. and what the business community can do to help attracting more U.S. investment to Latvia.

Mr. Rozkalns outlined not only main LIAA areas of activity for facilitating foreign investment but also for increasing export and competitiveness of Latvian companies: incentives for investors with funds for staff training, R&D and RRF facility for economic transformation, grants and loan programs to support both export growth as well as SMEs exporting companies.

This time webinar started with an informal networking session 15 minutes prior to the start of the meeting during which members were divided into several groups to have a small mingling.

About the Speaker: 

Kaspars Rozkalns, Director General at Investment and Development Agency of Latvia
Subordinate to the Minister for Economics of Latvia, the Investment and Development Agency of Latvia (LIAA) aims at increasing export and the competitiveness of Latvian companies, facilitating foreign investment and implementing tourism development and innovation policies. K. Rozkalns has been working for the LIAA for the last five years, initially as the Head of the LIAA Representative Office in Shanghai, China, and since 2018 as the Head of the LIAA Representative Office in Germany. Prior to that, he worked for a long time in the private sector in the service industry.

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