State President Raimonds Vējonis at the regional meeting of the World Economic Forum in China emphasizes the role of Latvia as the center of logistics excellence in the New Silk Road

MIL OSI Translation. Region: Latvia –

Source: President of Latvia in English

On Wednesday, September 19, 2018, President Raimonds Vejonis participated in the annual New World Championship (Summer Davos) Tianjin, People's Republic of China, organized by the World Economic Forum. The country offers excellent digital infrastructure, including the development of a 5G mobile network. "Good infrastructure, including digital connectivity, is important, but even more important is its effective use and the creation of new services through it. Also, the availability of good technologies and digital skills are essential, but more importantly, they should use as much as possible from public administrations and entrepreneurs, especially small and medium-sized ones, "said Raimonds Vējonis at the working session on the development of the New Silk Road. Latvia is already proud with the second highest among OECD countries (behind Finland) in terms of mobile data consumption per connection. It is facilitated by the availability of good services and favorable prices. However, in order to develop the "Internet of Things", we need to build a 5G network, "said the President. The President noted that the multibillion-high-speed railway project Rail Baltica will provide opportunities to develop Latvia as a center for logistics excellence. Becoming one of the most significant two rail gauges – connecting points between Europe and the CIS, Latvia will have new opportunities to further integrate into the New Silk Road routes and logistics chains. Latvia has all the prerequisites for creating a new added value in the logistics, information technology and telecommunications sectors ", said the President at the regional meeting of the World Economic Forum in China, emphasizing the President. Similarly, Latvia, as a small country, has the opportunity to be more flexible and offer faster solutions both in public administration and in business For several years now, we have been using electronic means for the communication of the state administration. The logistics excellence center also has well-educated, multilingual and customer-friendly people, who are constantly adding their knowledge throughout life. Therefore, investments in education and skills development must be given constant attention. National President Raimonds Vējonis from 15th-20th. Working visit to the People's Republic of China in September. During the meeting, the President met with the Chinese President Szy Dizpin, the leadership of the Beijing International University and students, the representatives of the Latvian diaspora, and also interviewed the Chinese Central Television CCTV. At the end of the visit, the meeting with the Chinese Prime Minister Li Kecyan is scheduled for the President.

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