Latvia to Improve Economic Cooperation with Japan
OREANDA-NEWS. January 17, 2013. Prime Minister Valdis Dombrovskis and the new Ambassador of Japan to Latvia Toshiyuki Taga agreed that the two countries have stable relations in politics, economy, culture and education. It will become a stimulus for new projects, particularly in economics, and in the investment area.
Latvia and Japan share a long history of diplomatic relations – in 1929, Japan opened embassy in Riga that was the only Asian representation. In the 90’s of the last century, Japan actively supported Latvia on its way towards regaining its independence.
The parties confirmed their readiness to provide assistance also in the future. The Prime Minister informed the Ambassador about Latvia’s decision to acquire a status of a member state of the Organization for Economic Cooperation and Development (OECD) and called on Japan to support Latvia on its way towards this goal.
Discussing the economic relations, the officials agreed to continue to jointly create more favourable conditions for extension of economic cooperation, including the organization of expert consultations on the implementation of the Convention on the Avoidance of Double Taxation.
The officials were of the same opinion that it is important for the two countries to agree on the avoidance of double taxation to improve mutual trade and export opportunities. The Prime Minister expressed his support to concluding the Framework Agreement between the European Union and Japan and the Free Trade Agreement, emphasizing that it would be a substantial step towards establishment of closer ties.
T.Taga mentioned that the two countries have an active political dialogue and intensive cooperation the field of culture and education. Latvia is becoming increasingly recognizable in Japan, incl., the Japanese media interest in Latvia has substantially increased, said the Ambassador. He expressed his readiness to further strengthen bilateral cooperation at different levels.
The Prime Minister presented to the Ambassador a congratulatory letter to Prime Minister of Japan Shinzo Abe, who won in the extraordinary elections held on December 16.
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