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Newsletter

 

Welcome to our monthly newsletter. This past month was filled with events and networking opportunities offering you the chance to learn, connect, and mingle in various settings.

We had an excellent opportunity to visit our counterparts in Lithuania and discuss common topics relevant to the business environment in the Baltic region. Thank you to our partners AmCham Lithuania for hosting our delegation,  and, especially, our speakers and panelists from Latvia for their contribution!

We would like to extend a warm welcome to KLM and American Councils for International Studies as our new members! We look forward to learning more about your activities and connecting with you.

Summer is here but our activities are not ceasing. Check out our calendar below, and we look forward to seeing you at one of our events! Make sure you sign up for our highlight of the year - the family picnic to mark the Fourth of July - you don't want to miss it!

 
 

SAVE THE DATE

 
 
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Digital Affairs & AI Work Group Meeting Read more

 
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Luncheon with Kaspars Briskens, Minister for Transport of Latvia Read more

 
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OSAC Latvia update: Hybrid Warfare and the effect on businesses Read more

 
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Healthcare Work Group Meeting Read more

 
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U.S. Independence Day Celebration Picnic Read more

 

 
 

PAST EVENTS

 
 

Annual Pan-Baltic Conference takes place in Vilnius

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On May 16-17, representatives of AmCham Latvia joined the Annual Pan-Baltic Conference 2024 in Vilnius, Lithuania. The conference focused on strengthening ties and economic resilience. Members of AmChams in Latvia, Estonia, and Lithuania were able to discuss the most important topics for the current business and investment environment in the Baltics, including FDI attraction, resilience, cybersecurity, digital transformation, AI, healthcare, the future of work, and talent retention. Read more

AI in Banking and Insurance: a review of practical use cases

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At a conference devoted to exploring key opportunities and challenges of AI, a wide range of experts from the industry, academic, legal, and public sectors discussed the practical application of AI technology, first success stories and takeaways as well as ethical considerations and legal frameworks. The conference was hosted by AmCham together with Cognizant on May 14. Read more

 

Opera season ends with charming sparkle

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On May 23 over 80 AmCham members and guests gathered for an Opera Night which began with a reception at the Grand Hotel Kempinski and followed with the premiere of "L'Elisir D'Amore" at the Latvian National Opera. One of Donizetti’s most charming comedies was masterfully delivered with a light touch offering much fun.  Read more

Get to know your U.S. Embassy

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On May 30, in cooperation with the U.S. Embassy, AmCham members were invited by U.S. Ambassador Robinson to attend an event to get to know more about the operations and priorities of the U.S. government. The program included remarks by the Ambassador and various Embassy section leads, and networking. Read more

 

The Future of Europe: Competitive, Sustainable and Thriving?

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On May 22 the American, German, Norwegian and Swedish Chambers of Commerce hosted a pre-election debate in the run-up to the European Parliament election scheduled for June 6-9, 2024. The debate focused on the vision and priorities of the parties to ensure a safe, competitive, sustainable, and prosperous Europe and Latvia as part of it. Read more

 
 

ADVOCACY

 
 

Foreign investors call to amend the Labor law

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FICIL and AmCham have proposed various recommendations for amendments to the Labor law to make it more flexible and up-to-date for both employees and employers, thus improving the overall economic competitiveness of Latvia. Read more

Healthcare work group meeting

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On May 21, the AmCham Healthcare work group discussed the outcomes and feedback from the conference on sustainable investments in health and the Pan-Baltic conference of AmChams. Sub-groups shared an update on their workstreams. Read more

 

Digital Affairs & AI Work Group Meeting

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On May 13, Digital Affairs and AI work group members discussed potential topics for future events with stakeholders. Members agreed to work out a position on AI and digital transformation and proceed with complementary events. Read more

 
 

MEMBER NEWS

 
 

New CEO for Citadele Bank

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Citadele Bank has announced the appointment of Rūta Ežerskienė as the new Chief Executive Officer and Chair of the Management Board. Currently serving as a Member of the Management Board and Chief Retail Officer, Rūta's elevation to the CEO role reflects her leadership and confirmed expertise in the financial sector.  Read more

“Future of Jobs 2024” to be held on June 10

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ERDA invites AmCham members to join the conference “Future of Jobs 2024” on June 10 at 09.00-13.30 at Fantadroms, Gustava Zemgala 74A (or online), to learn about the latest trends, share experiences on current tools and solutions, and reflect on the challenges and future development of the Latvian labor market. Read more

 
 

WELCOME NEW MEMBERS

 
 

American Councils become a member

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Through international training, cultural exchange, immersion learning, and public diplomacy, American Councils broadens individual perspectives and fosters personal and intellectual growth. On a grand scale, these efforts strengthen international and national security, build prosperity, and promote peace. Read more

Welcome KLM to AmCham

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Air France and KLM is a major player in the air transport industry. As of the summer of 2024, the company flies to 238 destinations worldwide. Air France and KLM hold a strong position in Northern Europe serving 7 gateways spread over Denmark, Finland, Norway and Sweden, with daily flights to and from Paris and Amsterdam. The Baltic countries are connected to the network thanks to a codeshare agreement with airBaltic. Read more

 
 

SPECIAL OFFERS

 
 
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Sorainen invites members to a webinar on current issues in public procurement in the field of defence and security procurement.  Read more

 
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Navigating Difficult Conversations: Turn Tension Into Progress™ takes a targeted approach to help learners manage emotional tension and conduct conversations in a way that enables all parties to stay engaged in collaborative dialogue.  Read more

 
 

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