Ridzene Conversations

AmCham together with the Foreign Investors' Council in Latvia (FICIL) encouraged the Latvian government to ensure a fully independent investigation on Ridzene negotiations by sending the letters to the Prime Minister of Latvia Maris Kucinskis, Speaker of the Saeima Inara Murniece and President of Latvia Raimonds Vejonis on July 20, 2017.

In his response President of Latvia Raimonds Vejonis stated that he advocates for transparency in decision-making, supports honest politics and active participation of the society in the political processes. The president has asked law enforcement institutions the to carry out research and decide on further action. The President has called all involved, particularly, the public officials to explain their role in the negotiations and to assume responsibility.

According to the Speaker of the Saeima Inara Murniece, the National Security Committee of the Saeima and the Saeima' s Defence, Internal Affairs and Corruption Prevention Committee has already started to work on the evaluation of Ridzene negotiations. In addition, sub-commission for corruption prevention of the Saeima' s Defence, Internal Affairs and Corruption Prevention Committee has engaged in this issue with a direct mandate.

The Prime Minister of Latvia Maris Kucinskis expressed his support for a decisive and professional action in the investigation process. He stressed his support for the need of the parliamentary investigation commission, because the inhabitants of Latvia need to find out the truth about the responsibility of the ones involved in the Ridzene negotiations as well as the actions of the involved law enforcement institutions.

On March 19, 2018 AmCham sent out the press release regarding the report of Saeima' s ad hoc Parliamentary Investigation Committee on Ridzene negotiations. By adopting the final report and restrictions on the mandate of the Saeima Committee, the Chamber will continue to ensure that the legislative proposals mentioned in the final report are furthered and reach the result, thus facilitating the resolution of such and similar cases in the future. (in LatvianNewspaper IR published it in the article on March 19, 2018.




We re-affirm our commitment to the values that AmCham stands for and that we share.

Kārlis Danēvičs, Board member, Head of Credits and Risk at SEB Banka

AmCham represents the interests of its members, making membership a valuable asset.

Matiss Kukainis, Partner at Spigulis & Kukainis