On June 14, Healthcare work group members gathered for the last meeting before the summer break to learn about the progress of healthcare pilot projects: digital strategy, secondary data framework, VBHC approach and public health funding. Members also discussed upcoming meetings such as Pan-Baltic AmChams conference, precision medicine conference and pre-election debate.

On June 13, members of AmCham and the Latvian Chamber of Commerce and Industry had an opportunity to get tips on the U.S. market entry. Experts from the U.S. Embassy in Latvia, LIAA and Slokenbergs PLLC covered such topics as immigration, legal aspects of doing business in U.S. and promotion of Latvian businesses on the U.S. East Coast. In addition, Eriks Kehris of Cubed shared his story of how to start doing business in the U.S.

According to the latest FICIL Sentiment Index 2021, foreign investors rated Latvia's investment attractiveness with a score 2.9 out of 5. Investors assessed both the investment climate and policymaker efforts to improve the investment climate over the 4-year period. While investors were positive about reforms in the financial sector and higher education system, the administrative-territorial reform and the country’s tax policy, they reported the lack of progress in areas including labor force availability, effectiveness of the public sector, and a comprehensive strategy to achieve the EU Green Deal goals.

On June 3, Janis Sarts, Director of NATO Strategic Communications Center of Excellence addressed members on the main challenges due to the ongoing war in Ukraine, reshaping of the global order and ways to secure the formation space. He touched upon the role of strategic communications in NATO, reducing the risks of disinformation and change in cyberthreat landscape.

On June 2, Swedbank hosted Business After Hours for AmCham members engaging them in a discussion about high inflation and other challenges that our economy is currently facing such as energy prices, disruption of the global supply chain, wage growth, and broad-based government support. Members enjoyed both excellent wine and food as well as an excellent panorama view of Riga from the 25th floor of Swedbank HQ building.