The Ministry of Economics serves as the principal governmental body overseeing the tourism sector, tasked with formulating and executing national tourism development policies.

The competencies, functions, and responsibilities of the Ministry of Economics within the tourism sector are delineated by the Tourism Law, ministry regulations, and other relevant legal statutes. Specifically, the Department of Entrepreneurship Competitiveness assumes responsibility for overseeing the tourism sector.

The Investment and Development Agency of Latvia, operating as a direct state administration institution under the purview of the Ministry of Economics, is entrusted with the implementation of tourism policies. Its primary objective is to promote Latvia as an appealing and secure tourist destination internationally, while also fostering the growth of the domestic tourism industry. For further details regarding the Investment and Development Agency of Latvia and its initiatives, please refer to its website: http://liaa.gov.lv/en.