RIGA - Latvia will withdraw from the World Tourism Organization (WTO), according to the Economy Ministry’s bill on terminating the agreement with the organization that was approved by the government on jan. 31.
The ministry believes that the WTO provides little assistance in the development of Latvian tourism industry. Moreover, Latvia paid the organization 41,903 lats (58,470 euros) in dues in 2011, which is among the highest membership fees Latvia has ever paid to any international organization, writes LETA.
Latvia joined the WTO on Oct. 20, 2003, and became a full-fledged member on Jan. 1, 2005. As a result, the country was able to participate in various international tourism projects.
Currently, the organization has 154 member states.
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