SAPRA - the International Association of Defence Product Manufacturers - attended an event hosted by Latvia’s Ministry of Economics, where the Minister of Economics and leaders from business, finance and energy discussed the outlook for Latvia’s economic growth.
The panel featured Minister of Economics Viktors Valainis; Kaspars Gorkšs, Director General of the Employers’ Confederation of Latvia (LDDK); Edgars Ruža, Member of the Board of ASNS Ingredient; Ieva Tetere, President and Chair of the Management Board of SEB banka; and Mārtiņš Čakste, Chairman of the Management Board of Latvenergo.
The discussion focused on Latvia’s economic development, examining progress to date, current challenges and priorities for further action. Participants also considered the latest economic data and the conditions needed to support sustainable growth.
SAPRA’s participation is relevant to the wider development of Latvia’s defence industry. The sector’s progress is closely connected with industrial growth, business competitiveness and cooperation between companies and public institutions.
The event took place on 30 October 2026, marking the opening of the Ministry of Economics’ new premises in the State Offices building in Riga.