The Latvian political scene is widely used nationalist rhetoric, the meaning of which is that Russia is the main enemy in Latvia and most of all you should fear Russian aggression. However, practice shows that business and politics-of distant from each other. There are many examples of cooperation between the two countries in various areas, and the most obvious example is bordered by Latvia, Pskov Oblast, while talking about the big successes very early. At this stage, these may include features that are not used.

Even at the very beginning of the global crisis painfully udarivšemu in Latvia, Plenipotentiary and extraordinary Ambassador of the Russian Federation in Latvia Alexander Veshnyakov, while you May 21, 2008, in Pskov the economic interaction of countries as follows: “Latvian investment in Russia, almost all go in the Pskovskaya oblast. That’s about 100 million dollars. They went, including derevoobrabotku, that, in my opinion, good. “

However, according to the Division of financial and legal security of Government information policy and public relations of the Pskov region in 2007, Latvia has invested in the Pskovskaya area only 23.673 thousands of dollars, and in 2008, the investment volume amounted to 22.070 thousand dollars. Latvian nationalist newspaper Latvijas avize will write again in the summer of 2011, published an interview with A.a. Vešnâkovym, Ambassador of the Russian Federation spoke about the opportunities for cooperation between Russia and the example that led the Pskovskaya oblast. “Many companies created in the sphere of trade facilitation, transport and logistics. Would suggest that about two hundred joint enterprises established on the territory of the Russian Federation, most in neighboring Pskov region, “said Ambassador and described the documents and actions of both sides, who brought this result:” the importance of interregional and municipal cooperation confirms that the fourth meeting of the Intergovernmental Commission in 2010, was held in Pskov, and this year will be held in Liepāja. Emerging trends in political dialogue has given impetus to the expansion of trade and economic relations at regional and municipal levels. Expand the Latvia with Kirov, Kaliningrad, Yaroslavl, Pskov, Smolensk, Ivanovo, Vologda, Tomsk, Ekaterinburg, Arkhangelsk areas is the development and deepening of cooperation with Moscow and St. Petersburg. Close contacts with Latvian regions within the framework of cross-border cooperation supports the Pskov region. The Republic of Latvia in recent years remains one of the major investor countries, with major investments in the Pskovskaya oblast. In September 2010, during the visit of the Governor of the Pskov region Andrei Turčaka in Riga, an agreement was signed between the administration of Pskov region and the Ministry of economy of Latvia on economic cooperation, “he told the Ambassador in his interview. And the Ministry of economy of Latvia noted that information from the Pskov region, Latvia is the largest investor in 2009, Latvian investment accounted for 70 per cent of the total volume of investment in the region. However, according to data provided by the Division of financial and legal security of Government information policy and public relations of the Pskov region, enterprises with Latvian capital not so much. According to the Territorial authority of the Federal State statistics service of the Pskov region in the Pskov region at the beginning of 2011, there were 83 enterprises with the participation of the Latvian capital (not micro). The most successful are the following enterprises:

Ltd ED Pack “, production of plastic products for packaging of goods; LLC “Dansi”, production of meat and sausage production; LLC “Ruslatdom”, the development of gravel and sand pits: Woodworking factory No. 5 “, production of sawn timber; LTD “Pskov timber company”, timber; LLC “Plûsskij forest”, timber; LLC “AWWA”, road freight transport; “Planeta”, hotels and restaurants.

That is, despite the events of 2010, when an agreement was signed with the Ministry of economy of Latvia on specific cases to talk early. Portal informpskov.ru then posted a comment to Governor Andrei Turčaka: “the agreement is a framework, so that both sides will depend on how fast we go into action”, and he enumerated the industries in which joint projects can be implemented now. These included aviasektor, transport and logistics industry and tourism. In addition, according to the Governor, the scope for cooperation on both sides there are in the agro-industrial sector, energy efficiency and introduction of energy saving technologies, within the framework of the implementation of international programmes. Andrey Turchak said that over the past few years, Latvia remains one of the major investor countries, with major investments in the Pskovskaya oblast, and noted that on the territory of the region at that time, there were more than 100 enterprises with the participation of the Latvian capital. Likewise, in 2007, there was information about the construction of timber production in Moglino in Pskov. The company had planned to invest more than Pata AB 11 million. lats (about 22 million dollars), but trying to find out whether the project has been completed-to no avail. But still Moglino still is known for other things. Currently there is work on EPZS and the Ministry of economic development of RUSSIA is preparing a draft decree of the RUSSIAN FEDERATION on the establishment of the special economic zone of Moglino.

Later Russian Embassy in Latvia has published the following information on the work done in the field of trade and economic relations between the countries. As it turned out from the text in the document, it is a leader among the Baltic countries Latvia in foreign trade with Russia. According to the FCS of Russia, at the end of 2010, the turnover for the previous year increased by 42.9%, reaching 6.4 billion, with exports stood at 5.7 billion. (increase of 40.3%), and imports-0.7 billion. (69.4%) growth. assuming that most of the investment is in the Pskovskaya oblast, there would be a substantial amount of money if it were not for the data published at the beginning of the article.

In fact, apart from some inaccuracies in estimation of investment potential in the Pskov region is. Not without reason in the Pskov’s campaign to attract investment, based on a good geographical position of the area. “Pskovskaya oblast has developed transport and engineering infrastructure. The network of roads and railways passing through the area, connecting it with major economic centers: Moscow, St Petersburg and port of Russia and Baltic countries. Our region has high industrial, economic, scientific and personnel potential and is considered one of the largest traditional cultural centres of Russia “, reads the site” investment opportunities of the Pskov region “. Thus, at competent development area, the role of the Baltic, as a bridge between the EU and the RUSSIAN FEDERATION, is undermined when advancing transportation hub nearby, with Latvia. Baltic countries in intergovernmental agreements could become a regular transit point between the EU and RUSSIA, as well as a bridge will play in this situation, Pskov Oblast when reasonable utilization area there can be not only logistics, but also to assemble and sort the goods. But whether the investment potential in Latvia?