On 24-26th February, the Latvian Academy of Sciences together with the University of Latvia launched a conference "Innovation - Power of the 21st Century", the discussion forums and the innovation camp of the international project Smart-up Baltic Sea Region. The conference was organized by the Latvian Academy of Sciences and the University of Latvia with the support from the Ministry of Education and Science and Ministry of Economics. The patron of the event is the President of Latvia (1999-2007) Vaira Vike-Freiberga.
During the conference, agreement on cooperation "Riga Declaration" was signed. The declaration provides the basis for the cooperation of science academies of the region and the leading universities in the pursuit of scientific projects, as well as the creation of a unified scientific innovation platform for the Baltic Sea region. The declaration provides for cooperation on the so-called "principle 3S": environmental sustainability through circular economic methods; public health through life sciences, biotechnology and medical research; increased economic potential and increased overall security through cooperation with the Baltic Sea countries in the field of logistics and exchange.
