We will not admire our success for too long, as the work quickly continues with the Latvian capital city hosting the 10th annual security and foreign policy forum – The Rīga Conference 2015, where many of the priorities of the presidency will continue to be discussed.
With the European Union showing signs of controlling the economic crisis, it is important to look towards the future for potential opportunities in order to remain competitive on a global scale. It is time to enter the 21st century and understand that things such as the extension of free-trade zones will allow for the European Union to sustain its role as a global leader in innovation and trade. Therefore, Latvia supports the ratification of Transatlantic Trade Investment Partnership (TTIP), which would make the Transatlantic trade area the largest free market in the world – with more than 850 million people. It would allow for a competitive trade area, where innovators can reach out to more people and bolster the economy. There was a significant public interest in the two TTIP rounds of negotiations held in Riga during the Presidency, which is reflected in the programme of The Rīga Conference. The Vice President of the European Commission, Valdis Dombrovsksi, will speak in a panel about the rise of Geoeconomics and the European Union’s role in it, together with H.E Mr. Arseniy Yatsenyuk, the Prime Minister of Ukraine, Anthony Gardner, the U. S Ambassador to the European Union, and H.E Mrs. Laimdota Straujuma, the Prime Minister of Latvia.