Type of Government: democratic, parliamentary republic. Legislative power is in the hands of a single chamber parliament - the Saeima, consisting of 100 deputies. Parliamentary elections take place every 4 years.
The country's head of state is the President, who is elected by the Saeima for a period of 4 years. The President signs laws, chooses the Prime Minister (who heads the government) and performs representative functions.
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"The First Baltic Channel" welcomes all NATO Riga Summit delegates in Latvia. We are convinced that security, stability and democracy are essential preconditions for thriving economy.
We believe that NATO Riga Summit will further anchor Latvia among democratic nations and will serve as an important incentive for establishing new business contacts. "
- Armands Gutmanis,
Counselor for development to the Chairman of the board,
First Baltic Channel
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