Translated using ChatGPT service,
“Poland and Latvia recognize that Europe needs to focus on enhancing competitiveness, fostering innovation, and reducing bureaucracy. Over the next six months, these issues will receive increased attention. We can work together to strengthen our already successful cooperation,” said Minister of Economics Viktors Valainis after his two-day visit to Poland. Poland will hold the EU Council Presidency for the next six months.
The minister held six bilateral meetings during his visit, including with META and Netflix. The meeting with Netflix was the first of its kind, and plans are in place to further inform the company about state support, available infrastructure, and the broader industry landscape. On the other hand, Minister Valainis has met with META previously. During the meeting with Markus Reinisch, META's Vice President for Public Policy in Europe, they discussed the challenges posed by EU regulations for tech companies, particularly in the field of artificial intelligence.
The minister invited META to contribute its expertise to the development of the National Artificial Intelligence Center, aiming for future innovation and leveraging AI to reduce bureaucracy. “We have much to accomplish together, which will yield significant benefits for Latvia’s economy,” the minister added. He also participated in META’s "CEE Innovation Day 2024" conference.
Alongside the Director of the Investment and Development Agency of Latvia (LIAA), Ieva Jāgere, Valainis met with the Polish Investment and Trade Agency. “We agreed on the need to organize joint business events and visits with entrepreneur delegations to promote cooperation in the ICT, biotechnology, and energy sectors,” said Viktors Valainis.
In addition to discussions on economic collaboration, the minister met with representatives of PKO Bank, encouraging the bank to enter the Latvian market in the coming years to boost business financing opportunities.