M. Kučinskis with the Chinese parliament speaker discusses cooperation opportunities between the two countries

 Prime Minister Māris Kučinskis Thursday, April 13, Riga, met with the Chinese People's Congress Standing Committee Chairman Zhang Dedzjanu ( Zhang Dejiang ).

During the discussion, the Prime Minister emphasized that Latvia supports China's "One-lane road One" initiative and the "3 sea initiative." The country is ready to engage in them, offering an effective, predictable and reliable manufacturing, trading and logistics platform.

Latvia is the first Baltic country, which has signed a comprehensive memorandum of cooperation "one-lane one-way" framework - that is the basis for moving forward in specific cooperation projects.

During the meeting the officials discussed bilateral cooperation, especially economic relations. Both sides agreed that a good foundation to expand economic cooperation with particular emphasis on the transport and logistics sector, as well as Latvian ports strategically advantageous location.

As the most promising areas in which Latvia and China should be able to cooperate, the Prime Minister said the railway project "Rail Baltica", the airline "Air Baltic", as well as infrastructure development in the Latvian ports and airport "Riga". It was also highlighted opportunities for cooperation in education and science.

The two officials agreed that the success of developing trade between Australia and China and Latvian products have great prospects in the Chinese market. 2016 Latvian exports of goods to China increased by 8.5%. Among all the Latvian foreign trade partners, China ranks 11th.

Also, the two officials expressed interest in the Latvian and Chinese cooperation in the field of sports. M. Kučinskis invited the Chinese side to actively use the Latvian sports infrastructure in preparation for next year's Winter Olympics in Korea and after the Games in Beijing, especially in sports such as bobsleigh, skeleton and luge sport.

The visit ended with George. Dedzjans M. Kučinski invited to visit China.

 

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