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Also, the exhibition can provide opportunities for industries such as tourism, transport and logistics, etc At the same time, in order to expand the opportunities to get the maximum result from Latvia's participation in on Latvia's accession to the International Bureau of Exhibitions (Bureau International de Exposotions - BIE). Membership in BIE will provide an opportunity to vote for the next host country of the Expo, it also provides a discount for renting a pavilion at the exhibition, an opportunity to participate and vote on operational issues of the pavilion and more favorable decision-making during the exhibition, etc.
on important issues. For this purpose, a payment of EUR 9,600 will be provided annually from the budget of the Ministry of Finance. The previous world exhibition "EXPO 2020" was held in Dubai in the Canada WhatsApp Number Data United Arab Emirates (UAE), where Latvia was represented by 443 companies. During the exhibition, which took place from October 1, 2021 to March 31, 2022. 13 trade missions of various industries and 10 national stands at exhibitions were organized. Since 2021, the volume of exports to the UAE has increased by 52%. Air Baltic flights to Dubai were launched during the exhibition and the number of tourists from the UAE increased by 49%.
Also, during the exhibition, an agreement was reached on the creation of a joint investment fund for both countries, and the Latvian Exporters Association "The Red Jackets" signed a memorandum of understanding with the Sharjah Research, Technology and Innovation Park, which unites 14 of the best universities in the UAE. In addition to the direct benefits of cooperation with the UAE, ties were also strengthened with other countries in the region, especially with Saudi Arabia, which is the most important economic power in the Middle East region.
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