United States. Central Intelligence Agency

“ Economy Latvia Economy - overview: Latvia's transitional economy recovered from the 1998 Russian financial crisis, largely due to the SKELE government's budget stringency and a gradual reorientation of exports toward EU countries, lessening Latvia's trade dependency on Russia. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises. Latvia officially joined the World Trade Organization in February 1999. Preparing for EU membership continues as a top foreign policy goal. ”

“ Latvia
Introduction Latvia Background: After a brief period of independence between the two World Wars, Latvia was annexed by the USSR in 1940. It reestablished its independence in 1991 following the breakup of the Soviet Union. Although the last Russian troops left in 1994, the status of the Russian minority (some 30% of the population) remains of concern to Moscow. Latvia joined both NATO and the EU in the spring of 2004. ”

“ Irrigated land: 200 sq km
note: land in Latvia is often too wet, and in need of drainage, not irrigation; approximately 16,000 sq km or 85% of agricultural land has been improved by drainage (1998 est.) Natural hazards: NA Environment - current issues: Latvia's environment has benefited from a shift to service industries after the country regained independence; the main environmental priorities are improvement of drinking water quality and sewage system, household and hazardous waste management, and reduction of air pollution ”