Posts tagged ‘logistics’

9. I.Kabashkin, professor TTI, Latvia as Logistics and Transit Centre.

Transportation sector is becoming one of the most dynamic and fast growing sectors in Latvian economy. And even more, this sector is taking the leading positions in the country’s economic development. Due to the country’s favorable geographic situation, Latvia has already become an important trade partner between West and East South and North.

Latvian transport policy is in full compliance with the European Union’s requirements and the country’s transportation network has become an integral part of the EU Trans-European Transport Network (TEN-T). Latvia is actively utilizing available EU funds for the improvement of the country’s transport infrastructures.

Today the advantage of geographic position of Latvia has increased dramatically. The border of Latvia is the border of two large unions – European Union and Customs Union of Belarus, Kazakhstan, Russia. This fact open new transport and trade opportunities for domestic and international companies first of all through the three large ports in Latvia (Ventspils, Riga, Liepaja) that are all part of TEN-T and seven small ports (Salacgriva, Skulte, Lielupe, Engure, Mersrags, Roja, Pavilosta). The inestimable advantage of major ports is their favourable geographical position, ice-free conditions and excellent  railway connections with Eurasian Economic Community’s  hinterland.

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