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Latvia and Russia have entered into agreement to open a new ferry service from Liepaja to Germany or other EU member, which could be used by the Russian trucking companies, a Russian delegation’s representative told RIA Novosti.

The agreement was signed at a meeting of the Latvia-Russia Business Council.

Peter Aven, who headed the Russia's delegation, said that Russian and Latvian trucking associations had been in talks for about a year on establishing of such a ferry line. He noted that Russian businesses would be willing to invest in Latvia, but the trucks and cars delays on the border hamper the development of business ties and tourism between the two countries.

The Business Council’s meeting was held in the framework of the Latvian-Russian Intergovernmental Commission. This year, the board members met in Liepaja. Co-chairmen of the Council are the Russian Transport Minister Igor Levitin and Latvia’s Minister of Economics Artis Kampars.
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