Newsletter

AmCham holds its Annual General Meeting

On March 7, more than 90 members and guests joined the AmCham Annual General Meeting to review the past year’s activities and elect the Board of Directors. In his opening remarks at the AGM, U.S. Ambassador Christopher Robinson emphasized the importance of economic security in Latvia’s overall security posture. The Ambassador praised AmCham for its support in encouraging Latvia’s adoption of de-risking and energy strategies that would make it easier for foreign investors to gain access to banking services and make it clear to the private sector how they can invest in Latvia’s energy sector.
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John Tully continues to lead AmCham

John Tully was re-elected as the Chairman of the Board and President of AmCham. On his priorities John said: "Economic security is an essential part of national security, and we will continue to call policymakers to make it a higher priority. We welcome closer transatlantic cooperation and look forward to working together with our members and partners to attract more American investment to Latvia. Beyond the capital FDI brings, it also ensures knowledge transfer, innovation, good corporate governance, and career opportunities for local talents. We will make sure even more international companies select Latvia as their business location." Read more

AmCham leadership speaks at LACC Town Hall

AmCham representatives spoke on strengthening the partnership with the Latvian American Chamber of Commerce (LACC) to promote U.S.-Latvia economic ties for enhancing economic security at the Annual Town Hall of LACC. Among other speakers were LACC Co-Chairs Janis Bergs and Lauris Lambergs, Latvian Ambassador to the U.S. Maris Selga, President of the Latvian Chamber of Commerce Aigars Rostovskis and Board member of Red Jackets Association Edite Sipko. Read more

Unveiling the roadmap for healthcare transformation

On March 22, members had the opportunity to discuss the latest developments in the healthcare system with Hosams Abu Meri, Minister of Health during AmCham's speaker luncheon. The Minister laid out a comprehensive plan for healthcare transformation - one that is resilient, digital, and adaptive in the face of evolving demands. In addition to the  Minister, the luncheon was joined by several high-ranking officials from the Ministry of Health and NHS.  Read more

Exploring the Generative AI landscape

On March 20, members had an opportunity to visit Mitigate offices for the March Business After Hours and participate in an informative and timely session on leveraging Generative AI for business growth. The event was filled with an exciting atmosphere enhanced by AI-created profiles, gourmet treats, and AI-powered raffle. It was truly an unforgettable evening unveiling the transformative power of AI and its impact on various industries. Read more

Top-tier members convene with new Director General of State Revenue Service

On March 26 our Corporate Contributing members joined a special meeting with Baiba Smite-Roke, Director General of the State Revenue Service. Ms. Smite-Roke gave an insight into her priorities for the future strategic development of the State Revenue Service and the improvement of Latvia's tax system. Read more

Healthcare work group meeting

On March 14, the AmCham Healthcare work group in their meeting continued to discuss the position on the EU Pharma legislation, the draft Law on Support for innovation and priority projects, as well as future priorities of the new Oncology plan. Group members also discussed feedback on a survey about the activities and performance of HCWG and took part in a small brainstorming workshop. Read more

Digital Affairs and AI work group meeting

On March 4, Digital Affairs and AI work group members held a second hybrid work group meeting to set the directions and priority areas. The group will focus on sharing members’ expertise and engaging with policymakers through discussions and events. Read more

“Idea day” conference in Riga Business School

On March 14, the second “Idea day” conference in Riga Bussines School gathered more than 100 teachers and school management, providing a platform and experts to learn the most relevant skills for the meaningful use and teaching of technology in schools. Read more

Grand Hotel Kempinski triumphs at World Travel Awards

Grand Hotel Kempinski announced its recent triumphs at the World Travel Awards, solidifying its position as a leader in the global hospitality industry. The hotel garnered three prestigious accolades – Latvia’s Leading Hotel 2024, Latvia’s Leading Business Hotel 2024, and Latvia’s Leading Hotel Suite 2024. Read more

Transatlantic economy proves incredibly resilient

The €8 trillion transatlantic economy is proving to be remarkably resilient in the face of geopolitical and economic challenges. A new report from the American Chamber of Commerce to the EU (AmCham EU) and the U.S. Chamber of Commerce shows that key indicators – trade, company income and energy flows – posted record-breaking results in 2023. Read more