Strengthening Cooperation between the Port of Riga and India

In early November, Ansis Zeltinš, CEO of the Freeport of Riga, together with representatives of the sector, went on an official visit to India within the framework of the delegation headed by Prime Minister Māris Kučinskis in order to participate in a range of events related to the strengthening of business and international relations. At a transport and logistics conference in Mumbai, representatives presented the logistics sector of Latvia and its advantages in Eurasian transit corridors, as well as familiarised Indian entrepreneurs with the opportunities of using the Latvian transit corridor for delivering cargo to Northern Europe. During the visit to Mumbai, the Latvian delegation visited the largest container cargo terminal in India, JNPT, and became acquainted with its operations. This terminal currently handles 4.7 million containers per year and mainly specialises in the processing of cargo intended for the domestic market of India and the handling of Indian cargo.

During the visit to India, Zeltiņš met with representatives of Indian logistics companies and discussed perspectives of cooperation in the creation of logistics centres and multi-functional warehouses in the Port of Riga. It has already been reported that in October, the Freeport of Riga was visited by Indian entrepreneurs and Atul Kulkarni, Advisor to the Minister of Road Transport and Highways of the Republic of India and Advisor to the Indian Ports Association, in order to discuss investment opportunities and prospective cooperation between India and Riga in the creation of multi-functional warehouses and a cargo handling centre within the territory of the Port of Riga, which would serve as a cargo distribution and consolidation centre for goods and products from India and other countries intended for Northern Europe, Russia and CIS countries.