The agreement is part of efforts to strengthen economic, trade and investment ties, as declared by the two leaders on the sidelines of the eighth Summit of the Cambodia-Laos-Vietnam Development Triangle in Vientiane, Laos on November 24.
Vietnam and Laos will cooperate closely in trading
Prime Minister Nguyen Tan Dung and his Lao counterpart Thongsing Thammavong agreed to conclude negotiations on the signing of a new bilateral trade agreement, which forms the legal framework for achieving the two countries’ goal of US$2 billion in trade by 2015.
Prime Minister Nguyen Tan Dung and Prime Minister of Laos Thongsinh Thammavong
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Thammavong thanked Vietnam for its annual provision of official development assistance as well as scholarships for Lao students.
The Vietnamese PM suggested Laos offer all comprehensive support to the Vietnamese community living in the country.
Both host and guest spoke highly of the outcomes of the 36th conference of the Vietnam-Laos Inter-governmental Committee in Vientiane, and consented to actively prepare for the 37th conference scheduled for early next year.
Discussing regional issues of shared concern, they promised to work together closely in the Association of Southeast Asian Nations and other regional and sub-regional mechanisms.
21:45, 2025/01/15
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