## Latvia and Ireland Strengthen Cooperation in Key Sectors
According to a statement from Latvia’s Economics Ministry on January 19, 2024, Latvia and Ireland have expressed a mutual desire to expand cooperation in the food industry, artificial intelligence (AI), and defense. This commitment was confirmed during a meeting between latvian Economics Minister Viktors Valainis and Irish Ambassador to Latvia Marcella Smyth. as of January 21, 2026, there have been no reports of changes to this stated intention.
### Viktors Valainis and Marcella Smyth Discuss Bilateral Relations
Latvian Economics Minister Viktors Valainis and Irish Ambassador to Latvia Marcella Smyth met on January 19, 2024, to discuss strengthening economic ties between their countries. The meeting focused on identifying opportunities for increased collaboration in several strategic areas. The Latvian Economics Ministry reported that both nations share a similar perspective on key EU priorities,including enhancing competitiveness and streamlining regulations to foster AI and technological progress within Europe.
### Areas of Cooperation: Food industry, AI, and Defense
Latvia and Ireland have identified the food industry, artificial intelligence, and the defense industry as key areas for expanded cooperation. The Irish department of Enterprise,Trade and Employment has prioritized AI development,aligning with Latvia’s goals for technological advancement. Specifically, the Irish Ambassador acknowledged Latvia’s expertise in drone manufacturing, suggesting potential for collaboration in this field. Minister Valainis emphasized the importance of these sectors for both European security and sustainable growth.
### economic Ties and Trade Volume
Ireland is a notable trade partner for Latvia. in 2024, Ireland ranked as Latvia’s 15th largest trade partner 14th in exports, and 10th in imports, according to the Latvian Economics Ministry. The Central Statistical Bureau of Latvia reports that trade volumes between the two countries continued to increase in 2025, though specific figures are not detailed in the initial report.Both countries agreed to promote structured economic cooperation by identifying existing irish companies operating in Latvia and exploring further investment opportunities. Ireland also committed to sharing data about relevant exhibitions and industry events.
### Ireland’s EU presidency and Bilateral Impact
Latvian Minister Valainis expressed confidence that Ireland’s upcoming presidency of the EU Council, which began on January 1, 2026, will provide a new impetus for bilateral cooperation and the achievement of shared European objectives. The irish Presidency of the council of the European Union is focused on key areas such as security,sustainability,and competitiveness,which align with the areas of cooperation discussed between Latvia and Ireland. As of January 21,2026,initial reports suggest the Irish Presidency is prioritizing digital transformation and strengthening the EU’s industrial base,potentially creating further opportunities for collaboration with Latvia in the AI sector.
