Last week, the Lao National Chamber of Commerce and Industry signed a memorandum of understanding with the China-Asean Business Council during a Lao and Chinese business operators’ meeting in Beijing.Through the agreement, the Lao side will share information about the qualifications of Chinese companies that are interested in investing in Laos with the council because it has a special selection system, executive vice president of the chamber Thanongsinh Kanlagna told Vientiane Times on Tuesday .
Thanongsinh said Chinese investors are very keen to operate businesses in Laos. When the Lao-Chinese business operators’ meeting was held in Beijing last week, it attracted a lot of participants. Prime Minister Thongloun Sisoulith spoke at the meeting which took place during his official visit to China from Jan 5 to 9.
Thanongsinh, who addressed the meeting, said that under the Belt and Road Initiative of Chinese President Xi Jinping, Laos has strong potential for trade and investment operations.
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