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Laos-Vietnam Discussed on the Draft of Border Trade Agreement

Summary

On 3rd April 2015 at Ministry of Industry and Commerce (MoIC) had organized a consultation meeting on the Draft of Trade Border Agreement between Lao PDR’s Ministry of Industry and Commerce and Socialist Republic of Vietnam’s Ministry of Industry and Trade under co-chairpersons Ms. Khemmani Pholsena, Minister of Laos’ MoIC and Mr. Nguyen Cam Tu, Deputy Minister of Vietnam’s MoIT, together with Director Generals and representatives from relevant agencies of both countries.

Updated on : 13-04-2015


Laos-Vietnam Discussed on the Draft of Border Trade Agreement

The Deputy Minister of Vietnam’s MoIT explained that the Draft of Trade Border Agreement will build significant conditions for trade relation between Laos-Vietnam, as a part to enhance collaboration on economic-trade, link ASEAN and Group of Mekong Subregion that will support  cooperation between border provinces of both countries on economic, trade, social and culture. It is also a part of paving road on Laos-Vietnam border for interchange, peace, collaboration and long-term development.

The Minister of Lao PDR’s MoIC stated that for the Draft of Trade Agreement presented by Vietnam’s MoIT, we will be working on how to finalize the agreement. At the end of June, the Laos’s MoIC will keep working on the draft of agreement and assign relevant agency to research for both countries’ benefits.

Source: Economic-Social Newspaper



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