Latvian maritime transport sector: opportunities for Latvian-Turkish cooperation

Abstract

Successful overcoming of Latvian economy from the consequences of financial and economic world crises is closely related to the enhancement of national export potential and further development of national business activities on the domestic and foreign markets.

In the context mentioned Turkey as associate member of European Union and the country with great production potential should be considered as an attractive business partner in the field of economic, transport and trade cooperation. In the present article the experience of Latvian transport companies cooperating with Turkish entrepreneurs is analysed. The main factors encouraging and impeding further economic cooperation of both countries in the sphere of transport and transit are qualitatively assessed on the basis of the survey carried out among Latvian transport companies.