Attraction of new foreign investments requires that the Republic of Latvia implements a
deliberate investment regulation policy that would prevent shady investors from influencing
strategically significant sectors and cause threats to the national security.
Security of Energy Supply
The Republic of Latvia has to establish access to alternative energy sources and competition
between energy suppliers; these are important preconditions for the supply of energy resources
and competitive prices. The Republic of Latvia in cooperation with the Baltic states and other
EU member states must strengthen the energy security in order to provide access to continuous
and timely supply of energy resources in the case the usual supply is ceased. In the context of the
energy security, one of the most important priorities of the Republic of Latvia is to provide third
party access to the natural gas infrastructure in order to liberalise the natural gas market, as well
as to separate administration and trade of the natural gas. The Republic of Latvia must continue
to work on implementation of the regional energy industry projects regarding the supply of
natural gas by installing the necessary interconnections and integrating in the general EU natural
gas infrastructure, as well as in the long-term ensuring capacity increase of the baseline
electricity and interconnections with the neighbouring countries.
The Republic of Latvia must support the use of technologies that save energy, create new
jobs, and are environmentally friendly. In this context, the use of local energy resources is very
significant, as it is a key factor for economic growth in the regions of the Republic of Latvia.
Diversification of Transit Cargo Flow
Contrary to the efforts of the transit sector to increase the amount of cargo loading and
transfer, cargo suppliers, origin countries of cargoes, and supply routes should be diversified.
The shift from servicing low added value cargoes in long-term to transportation of more valuable
cargoes and adding additional value in the Latvian seaports and logistics terminals has to be
made.
The Republic of Latvia has to continue to work on the development of railroad and road
infrastructure not only in the direction of east, but also between the other Baltic states, thus
providing connection of the road and railroad infrastructure of the Baltic states with the the EU
countries. At the same time, the Republic of Latvia and the other Baltic states have to develop
common logistics projects, thus creating competition on a regional level not between themselves.