Lao agribusiness representatives have held talks with officials of the Lao National Chamber of Commerce and Industry (LNCCI) to try to find solutions to various challenges and barriers.
The Lao National Disaster Prevention and Control Committee is helping farmers across the country to improve their cultivation techniques so that crops can better withstand drought and dry season yields can be increased.
From 2016-2020, Laos expanded electricity capacity to 6,457MW for export markets, which represents an increase of 145 per cent over the previous five-year period.
Lao exports to China continue to flow as normal despite China being in the midst of the current coronavirus outbreak.
Laos’ Special and Specific Economic Zone (SEZ) Promotion and Management Office and domestic SEZ authorities are gearing up to promote operations in various zones across the nation.
The Lao government should persist with its promotional policy for investment in the energy and mines sectors as they are key income earners for Laos’ economic growth, one of the country’s leading economists has said.
The Lao government has renewed efforts to reduce administrative barriers in the import and export of goods, hoping to improve the business climate, under a new prime minister’s order.