04.11.2025 FICIL High Council meeting

04.11.2025 FICIL High Council meeting
04.11.2025

The Foreign Investors Council in Latvia (FICIL) held its 29th High Council meeting, Latvia’s central forum for dialogue between investors and the government, organized annually since 1999 from October 30th to 31st, 2025. The meeting brought together ministers, senior public officials, and business leaders from various sectors to discuss strategically important issues for Latvia’s economic development and improving the investment climate. See https://www.ficil.lv/ficil-high-council-meeting-2025-2/ for program details and the meeting with the Cabinet of Ministers - Agenda, Communique, Presentations, Position Papers, Media: Opening Remarks, Media: Press Conference

CanCham participated for the first time having recently joined FICIL and was represented by Mark Watson, CanCham’s Member of the Board and Communications Director. We are committed to representing our membership and Canadian interests at the highest levels to promote responsible and effective economic development. FICIL provides what we consider to be the most effective platform for presenting recommendations to the Government.

FICIL (https://www.ficil.lv/) is a non-governmental organisation that brings together the largest foreign companies from various countries and sectors that have made significant investments in Latvia, as well as Chambers of Commerce in Latvia and Stockholm School of Economics in Riga.

FICIL consists of the foreign investors-activists that are deeply integrated into the Latvian economy, possess policy-relevant expertise and seeks to promote the country’s long-term development. It maintains a continuous engagement with highly reputable policy-related local and international stakeholders and focuses on systematic issues that impact all (local and foreign) socially and environmentally responsible investors in Latvia.

Ed Kalvins (CanCham President) and Una Brūna (CanCham Vice-President) joined Mark at the networking dinner in order to expand our network within both business and government structures. We will be working with our members and the Canadian business community to support FICIL initiatives and seeking CanCham activists who would be willing to participate in FICIL work groups on behalf of the CanCham membership.