Today, 4 August 2026, the Cabinet of Ministers approved the national position of the Republic of Latvia, prepared by the Ministry of Foreign Affairs in cooperation with the Ministry of Agriculture, the Ministry of Finance and the Ministry of Economics, regarding further work on the European Commission’s proposals to increase tariffs and expand sanctions against Russia and Belarus. Latvia has made significant progress in reducing its economic ties with the aggressor states. Since 2022, the…
Today, 4 August 2026, the Cabinet of Ministers approved the national position of the Republic of Latvia, prepared by the Ministry of Foreign Affairs in cooperation with the Ministry of Agriculture, the Ministry of Finance and the Ministry of Economics, regarding further work on the European Commission’s proposals to increase tariffs and expand sanctions against Russia and Belarus. Latvia has made significant progress in reducing its economic ties with the aggressor states. Since 2022, the value of imports has fallen by 91%, from EUR 2.129 billion in 2022 to EUR 193 million in 2025. The national position emphasises the need to continue weakening Russia and Belarus at the global, regional and national levels by exerting maximum pressure on…