One of the most important functions for the LDDK is to facilitate increased competitiveness among Latvian companies and the convergence of Latvia’s welfare level with that of the old EU member states by developing Latvia’s economic relations with the Baltic States, the EU and other countries in the world. The LDDK can offer substantial support to Latvia’s business community in terms of strengthening business competitiveness in the EU’s unified market.
Businesspeople and employers in Latvia must make use of the representation of interests that are offered by Latvia’s membership in the EU in order to unleash the full potential of a democratic society, a social market economy, and good corporate governance. It is also important to completely understand the interests and responsibilities of the organisations so as to make full use of the social dialogue opportunities that are offered by the EU. Social partner organisations are of particular importance at the EU level in terms of representing the interests of their members, employers and companies, when decisions are made.
Thanks to Latvia’s membership in the EU, the main legislative work related to issues that are of importance to many businesspeople occurs at EU institutions in Brussels. The LDDK is actively involved in drafting and implementing EU policies and legal acts in relation to favourable aspects of the business environment and doing so in accordance with the interests of Latvian companies. The LDDK works with the Latvian government, organisations of employers in other EU member states, and the European business confederation BusinessEurope that is a European social partners. The LDDK is also represented at EU institutions, advisory committees, and councils.
The European BUSINESSEUROPE business confederation is the voice and representative of interests of European businesses when the European Union takes decisions. Read more
The European Economic and Social Committee provides consultations to the Council of the European Union and the European Parliament when it comes to the taking of decisions. Read more
The advisory committees of the European Commission and its agencies are forums of independent experts, with participants offering recommendations and advice in the drafting of European Union legislation, also providing information about problems related to the implementation of the legislative acts in member states. Read more
The LDDK pursues regional co-operation under the framework of the European Union’s macro-level strategy for the Baltic Sea region, also working with confederations of employers so as to facilitate entrepreneurship and to come up with joint positions on the relevant issues. Read more