Naidu foresees India-Latvia high tech collaborations

RIGA: India and Latvia on Tuesday agreed to forge a closer economic partnership, boosting trade and investment especially in technology, and enhance cooperation on the global stage, and signed an agreement on cultural exchange.

Vice President M Venkaiah Naidu on the second leg of his three-nation Baltic trip held talks with Prime Minister Krisjanis Karins and President Egils Levits.

Latvia has emerged as the fastest growing member of Euro-zone. With Karins, the Vice President discussed ways to enhance two-way trade and investment.

“Latvia and India can become important partners as the world economy progresses towards the 4th Industrial Revolution where technology and innovations will play key roles. I see a lot of scope for Indian and Latvian companies to engage in new-age technologies through collaborations,” Naidu said. (AGENCIES)