Latvia's Grain Transit Ban Could Cost Hundreds of Millions, Warns Stevedoring Association
The Latvian Stevedoring Companies Association (LSA) has criticized the National Alliance's (NA) proposed ban on Russian grain transit, saying it would harm Latvia's economy rather than weaken Russia.
The LSA argues that there are no calculations demonstrating how a ban would impact Russia negatively. They claim that a unilateral decision by Latvia could lead to job losses and require additional state funding for the railway network.
Ports and railways must continue to be maintained, even if cargo volumes decline, meaning costs would not disappear. An increasing share of those costs would have to be borne by remaining cargo flows, making exports more expensive for Latvian producers.