Background
FICIL meets annually with the Government of Latvia at the High Council meetings. The High Council is represented on one side by senior executives from each FICIL member company’s headquarters, and on the other side by Latvian Ministers and high civil servants. The meetings are jointly chaired by the sitting Prime Minister of Latvia and the Chairperson of the FICIL Board.
The HC meetings are intended to facilitate a top-level discussion forum between foreign investors and the Government, to set up structured exchange of information and views between the major investors and the national policymakers. Results of the discussion are recorded in the Communiqué – a document that structures cooperation and commitments between both parties, to be reviewed during the next High Council meeting.
FICIL co-organises the meeting together with the State Chancellery, LIAA and the Prime minister’s office. More about history of FICIL and High Councils here.
On 26-27 September 2024, FICIL members and high-level public sector representatives met at the 28th FICIL High Council. The first day was held at “Jaunā Teika”, while the second at the Cabinet of Ministers. During both days FICIL emphasised the need for a clear, long-term development strategy of Latvia. To truly accelerate economic growth the government should set priorities to achieve a real positive change…
In November 2023, FICIL members and high-level public sector representatives met as part of the 27th FICIL High Council. First day was held at VERDE Business complex while the second – at the Cabinet of Ministers. During both days FICIL emphasised that in an ever-changing global landscape, Latvia must take action to cultivate an appealing investment climate that fosters economic transformation…
In September 2022, FICIL members and high-level public sector representatives met at the 26th High Council Meeting among FICIL and the Government of Latvia. As we continue to deal with the consequences from Russia’s ongoing invasion of Ukraine, conversation focused on defence topics, energy crisis and the necessary decisions from the Governments side to improve the business environment as such…
In September 2021, FICIL and high-level public sector representatives met at the 25th High Council Meeting. As global trends and external factors have put governments across the world at crossroads regarding the steps they want to take to address the existing and looming challenges, Latvia too must take decisive action that will shape its investment climate over the next decade and beyond…
The key theme for the 23rd High Council is “Tomorrow is the Consequence of Now ”. As 2019 marks 20 years since the establishment of FICIL, we take a look back at the already achieved while placing a strong focus on what’s next. The decisions made today will have an echoing effect on the future. Stability, predictability and trust in the public sector are important components to achieve sustainable economic growth…
The key theme for the 22nd High Council 2018 meeting is “Building Trust” . Trust is an important element for the success of public policies, reforms and contributes to sustainable economic growth. Lack of trust compromises the willingness of people and business to respond to public policies and thus can also limit economic development of the country. Respect for the rule of law, sound use of public funds, enforcing law and engaging with citizens are all important contributors towards building trust…
The High Council meeting was held on 25-26 May 2017. The main theme for the High Council 2017 was chosen topic “Do!”. By choosing this topic we wanted to send following messages for the government: have a confidence in your recent actions, be brave for your new implementations, build trust, build your legacy…
FICIL meets annually with the Government of Latvia in High Council meetings. The High Council is represented on one side by senior executives from each FICIL member company’s headquarters, and on the other side by Latvian Ministers and high civil servants. The meetings are jointly chaired by the sitting Prime Minister of Latvia and the selected CEO of a FICIL member’s parent company – the Honorary Chairman…