Global partnerships

LCCI has signed over 90 Memorandums of Understanding (MoU) with Chambers, Associations, Councils, NGOs, and various business support organizations worldwide, spanning more than 40 countries.

The Memorandum of Understanding (MoU) provides a strategic framework for cooperation between two business organizations or chambers of commerce to enhance international trade and business cooperation, create opportunities for member growth, foster networking, and improve market access for both parties’ members.

Benefits of signing the MoU include:

• Business Relationship Development: The MoU facilitates the creation and strengthening of direct business relations between the members of both parties, helping to foster long-term partnerships.
• Information Exchange: Both parties agree to share continuous updates on opportunities for bilateral trade, investment, and regional business cooperation, including publications and relevant market data, helping members identify new opportunities.
• Joint Efforts: The MoU supports joint efforts for market research, trade missions, and business contact establishment, encouraging collaboration to enhance mutual trade and market growth.

This MoU fosters trade growth and business cooperation without binding financial commitments.

LCCI aims to expand these agreements with key international partners, further enhancing Latvia’s global business network. We welcome new collaborations – if your chamber or business support organization is interested in signing an MoU with the Latvian Chamber of Commerce, please reach out to us at export@ltrk.lv.