The Latvian Chamber of Commerce and Industry (LCCI) plans to meet with those members who previously cooperated with Russia to assess what steps have been taken to terminate this cooperation, said Katrine Zarinya, the chairwoman of the LCCI board, in an interview with the LETA agency.
She explained that after the Ministry of Economics previously published a list of companies, the Chamber established that some of its members had maintained export ties with Russia and Belarus following Russia's full-scale invasion of Ukraine.
Zarinya noted that meetings and negotiations were held with these chamber members to determine whether they would continue cooperation with Russia, cease it, or gradually wind it down, considering the differences in capabilities between sectors.
Several members of the Chamber have informed about the cessation of cooperation with Russia, and there has been no change in relations with them from the Chamber's side. At the same time, there were companies that stated they do not plan to cease cooperation with Russia: some of them left the Chamber voluntarily, while a few companies were excluded by the Chamber, Zarinya reported.
There were also companies that indicated they needed time to cease cooperation with Russia. Meetings are planned with several of them to clarify the situation.
In response to a question about possible actions in cases where cooperation with Russia will not be terminated, Zarinya noted that each case will be considered individually, taking into account both the sectoral specifics and the actions of the specific company.
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