Latvia 9 permanent representations abroad. There are 37 foreign embassies and 11 international organisations in Latvia's capital Riga. Latvia hosts one European Union institution, the Body of European Regulators for Electronic Communications (BEREC). Latvia's foreign policy priorities include co-operation in the Baltic Sea region, European integration, active involvement in international organisations, contribution to European and transatlantic security and defence structures, participation in international civilian and military peacekeeping operations, and development co-operation, particularly the strengthening of stability and democracy in the EU's Eastern Partnership countries. Since the early 1990s, Latvia has been involved in active trilateral Baltic states co-operation with its neighbours
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