Insider Media Limited

Business leaders are being offered an insight into the benefits of trading with Latvian counterparts at the Midlands World Trade Forum (MWTF). The Latvian Prime Minister will travel to the region to address West Midlands companies about doing business in the Baltic state, including major infrastructure projects, advanced manufacturing, medical devices and ICT.

Prime Minister Valdis Dombrovski will attend the event at Warwick University’s International Digital Lab alongside investors and firms from both nations.

Dombrovski is set to outline how the country is committed to building stronger links with businesses in the West Midlands and how it has already attracted over €8bn in direct foreign investment.

Organised in partnership with the Latvian Embassy and the Investment and Development Agency of Latvia, the MWTF event will also feature the launch of Polaris – a strategy to support new and existing investors focused on high value-added activities.

Deb Leary, chairman of the MWTF, said: “Latvia is a country rich in potential for West Midlands’ exporters, with its excellent geographical location as a gateway to Russia and high quality labour force making it an ideal trade partner.

“There is a great ‘can do attitude’ currently present from its government and specific opportunities in medical technologies and advanced manufacturing, not to mention a host of new infrastructure projects that firms can get involved in.”