Sanctions News

On 11 October 2021, the Ministry of Foreign Affairs held a current meeting of the Sanctions Coordination Council in a video-conferencing format. The event focused on the implementation of restrictive measures imposed by the European Union on Russia and Belarus and their impact on Latvia’s economy.

Members of the Council also discussed the recognition and enforcement in Latvia of foreign arbitral awards if a foreign arbitration tribunal has awarded damages in cases where loss has occurred due to compliance with international sanctions binding on Latvia.

For more detailed information on sanctions, visit the Sanctions section on the Ministry of Foreign Affairs website. To receive regular information of latest developments related to sanctions, please sign up for updates by sending a request to the Ministry of Foreign Affairs e-mail: sankcijas@mfa.gov.lv.