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 Chairperson.

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. Discussions and resolution from the discussions become part of the Communiqué – a document that structures cooperation and discussions between both parties, to be reviewed during the next High Council meeting.

FICIL co-organises the meeting together with the State Chancellery and the Prime minister’s office.