Defence Industry Law adopted

(27.03.2024.)

On Wednesday, 27 March, the Saeima adopted in the final reading the Defence Industry Law, aimed at ensuring the secure supply of goods and services necessary for fulfilling the state defence tasks of the National Armed Forces and international obligations, while also fostering the growth of the defence industry.

In view of the rapid growth of the national defence industry, the Ministry of Defence has determined that the existing legislation is not sufficient to adequately support the continued development of the field. The new Law establishes clearer and more transparent regulations regarding security requirements, development support, investment attraction, and cooperation with the defence industry.

Ensuring the security of supply and control over defence industry products is crucial, underscored the authors of the Law. Procurement procedures shall now be subject to stringent supply requirements to be set by the Cabinet of Ministers. Additionally, the government shall define the terms for establishing strategic partnerships and outline the procedure for defence worker training.

The sector employs over 8000 people and exports more than 80 % of its products to other NATO member states, highlighted the Federation of Security and Defence Industries of Latvia. The authors of the new Law emphasised that licences are increasingly being granted to manufacturing companies that develop and produce items and components particularly intended for military use, such as armaments, unmanned systems, combat equipment, communications, etc.

As set out in the newly adopted Law, the defence industry encompasses businesses and scientific institutions engaged in the development, production, repair, or disposal of military or dual-use technologies or products.

On this day, the Saeima also adopted in the final reading related amendments to the Mobilisation Law and the National Security Law.

 

Saeima Press Service

Svētdien, 24.novembrī