Lao chamber of commerce boosts ties with China-Asean Business Council

  • 📰 staronline
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

VIENTIANE (Vientiane Times/ANN) - Laos is seeking more quality investors from China, a close neighbour that has already invested in many projects in the country.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New reforms to boost investment in China
Source: staronline - 🏆 4. / 75 Read more »