Latvia Estonia and Lithuania, and Nordic-Baltic co-operation with the Nordic countries. The Baltic Council is the joint forum of the interparliamentary Baltic Assembly (BA) and the intergovernmental Baltic Council of Ministers (BCM). Nordic-Baltic Eight (NB-8) is the joint co-operation of the governments of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. Nordic-Baltic Six (NB-6), comprising Nordic-Baltic countries that are European Union member states, is a framework for meetings on EU-related issues. Interparliamentary co-operation between the Baltic Assembly and Nordic Council was signed in 1992 and since 2006 annual meetings are held as well as regular meetings on other levels. Joint
Economy of Estonia for Latvia. Estonia today is mainly influenced by developments in Finland, Russia, Sweden and Germany – the four main trade partners. The government recently greatly increased its spending on innovation. The prime minister from the Estonian Reform Party has stated its goal of bringing Estonian GDP per capita into the top 5 of the EU by 2022. However, the GDP of Estonia decreased by 1.4% in the 2nd quarter of 2008, over 3% in the 3rd quarter of 2008, and over 9% in the 4th quarter of 2008. The Estonian economy further contracted by 15.1% in the first quarter of