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Latvia–Turkey Relations
Latvia–Turkey relations are the foreign Bilateral relation, relations between Latvia and Turkey. Both countries are members of North Atlantic Treaty Organization, NATO and the Council of Europe. History * Turkey recognized the independence of Latvia in 1925. * Following the USSR annexation of Latvia in August 1940, Turkey closed its consulate in Riga– in tandem with the United States– on September 5, 1940. Despite the closure of the consulate, Turkey never recognized the Latvia's annexation and continued diplomatic relations with Latvia and Estonia by conferring diplomatic status on the diplomats that were accredited by the previous Latvian government. * Turkey recognized the restoration of Latvia's independence on September 3, 1991. High level visits Economic relations Trade volume between the two countries was 398 million USD in 2016 (Turkish exports/imports: 196/202 million USD). See also * Foreign relations of Latvia * Foreign relations of Turkey Reference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilateral Relation
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTA) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |