Latvia–Lithuania relations Latvia–Lithuania relations Latvian–Lithuanian relations are bilateral international relations between Latvia and Lithuania. Latvia has an embassy in Vilnius, and Lithuania has an embassy in Riga. The ambassador to Lithuania is Hardijs Baumanis, the ambassador to Latvia is Antanas Vinkus. Both states share a long common history: Both Latvians and Lithuanians belong to the family of Baltic peoples, speakers of the Baltic languages. The territory of Latvia and Lithuania were together part of the Grand Duchy of Lithuania and the Polish-Lithuanian Commonwealth between 1561 and 1772 (with a brief period of Swedish rule in what is now Latvia in between). Between
Bank of Latvia On September 7, 1922, the Constitutional Assembly adopted the Law on the Establishment of the Bank of Latvia. The Bank of Latvia was granted emission rights. The Bank's interim statutes were approved on September 19, 1922, with the decision of the Cabinet of Ministers, and its initial capital was 10 million lats. On April 24, 1923, Saeima approved the Statute of the Bank of Latvia, signed by President Jānis Čakste on the 2nd July. The bank was headed by a council and board. The Council consisted of a chairman, a deputy and 11 members, but the board included a director