the Republic of Latvia is closely connected with processes in EU. In medium-term, the background of the economic growth of the Republic of Latvia is negatively affected by the average growth of the Eurozone, recession of the economy of the Russian Federation, and trade restrictions. In long-term, strengthening of the economic security requires additional activities in the European and North Atlantic markets, as well as in the rapidly growing Asian and Latin American markets. In regard to investments, the biggest attention must be directed towards attracting new investments for the factual economy sectors from reliable investors. Additionally, the basis of laws and regulations of the Republic of Latvia and principles of good administration in the public and private sector must be continuously developed in order to increase the competitiveness and productivity of the Republic of Latvia. Because of the limited access to resources, the energy security of the Republic of Latvia is one of the most important issues of the economic and national security. The use of natural gas in the Republic of Latvia continues to decrease, but dependency on only one supplier may potentially grant the ability to create political and economic pressure by manipulating with the prices of the energy resource, conditions and cease of supply. The issue of the energy security must be dealt with in close cooperation between the Republic of Latvia, the Baltic states, and other EU member states. Transit sector is one of the most important sectors of the economy of the Republic of Latvia, but, while planning its development, it is very important to balance the economic benefit the country gains from this sector and potential risks of becoming even more dependant on separate cargo suppliers and continuing work with low added value cargo. The transit sector also can be used to create political and economic pressure on the Republic of Latvia that could be achieved by ceasing cargo transit through the territory of Latvia, threatening with the loss of income, as well as increase of the unemployment rate within the sector. The strategic goals for strengthening of the economic security of the Republic of Latvia are: development of a stable and predictable economic environment, promotion of economic growth, diversification of the external export market, provision of alternative suppliers of energy resources, and diversification of suppliers and serviced cargo types. Priorities of the Republic of Latvia Regarding Prevention of Economic Threats: Ensuring a Stable and Predictable Economic Environment Institutions of the Republic of Latvia must continue to implement balanced economic