The US-based company Providence Equity Partners claims that certain actions by national public service regulator SPRK indicate a possible violation of the bilateral investment agreement between the US and Latvian governments.
Latvia must compensate E-energija EUR 3.7 million for investment abuse in the district heating business.
The Latvian parliament, the Saeima, became the first in the European Union to fully ratify a groundbreaking free trade deal between the 28-member bloc and Canada.
Agreement calls for boosting cooperation in trade, industry, agriculture, transport, tourism and investment.
Russia and Latvia have sealed an economic cooperation agreement and an agreement on creating an inter-governmental commission.