New national industrial policy aims to increase export to EUR 27 billion in seven years
2021-02-11
LETA/TBT Staff
RIGA - The Cabinet of Ministers on Thursday approved the National Industrial Policy Guidelines for 2021-2027 developed by the Economics Ministry, hoping to increase exports to EUR 27 billion by 2027.
The guidelines cover all national economic sectors and states economic growth goals and directions for the coming seven years.
The goal is to increase the export volume to EUR 22 billion in 2023 and to EUR 27 billion in 2027.
"In order to achieve this ambitious export goal, investments in new product development should be increased," the ministry said.