Living in a globalized world, no one can argue, that is necessary to cooperate not only among the closest neighboring countries, but also to look for strategic partners far away. Due to its geographical location, Latvia has always been one of the key transit gateways for both north-south and east-west trade flows. Also today Latvia has maintained its strategic relevance as regards transportation flows connecting major world economies like the USA, European Union, Russia, the CIS, Central Asia and the Far East. The transit and logistics sector is one of the strongest industrial sectors in Latvia and has been recognized as a key priority within the Latvian economy.
In the light of this Latvia was entrusted with the task to bethe coordinating country for logistics during the China-Central and Eastern Europe 16+1 summit in 2015 in Suzhou.