OREANDA-NEWS. January 19, 2010. The foreign ministers of Latvia and Hungary have met to discuss economic co-operation between the two countries, which include Latvian timber investment interests, KMS Baltics reported.

Peter Balazs, the Hungarian foreign minister, met his Latvian counterpart, Maris Riekstins during a visit to Latvia.

The ministers focused on the promotion of economic integration as Mr Riekstins made clear Latvia's growing business interest in Hungarian markets, including sectors like timber products, pharmacy and the food industry.

Mr Riekstins pointed to the capacity of the Latvian port infrastructure and its services which ensure shipment of commercial supplies for use by the US forces in Afghanistan.