On 2 October 2019, the Ministry of Economics of the Republic of Latvia concluded a memorandum of cooperation with the Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus. Within the framework of this memorandum, the Latvian Competition Council has been designated as the responsible contact point for co-operation in the field of competition policy. The process of terminating the contract has been initiated - the Ministry of Economics has sent the notification to the Ministry of Foreign Affairs and the process of termination is now underway.