Laos orders road assessment to target limited infrastructure funds
Prime Minister Saleumxay Kommasith also called for better infrastructure to support electric vehicles and quality standards for electric vehicle imports.
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Prime Minister Saleumxay Kommasith also called for better infrastructure to support electric vehicles and quality standards for electric vehicle imports.
The initiative aims to connect local agriculture, fisheries, craft and processed-food producers with domestic and overseas buyers.
Discussions covered trade, investment and joint ventures, while officials highlighted priorities ranging from logistics to cross-border payments.
Bilateral trade reached US$273.86 million in January–August 2026, an increase of 1.59 per cent from the corresponding period in 2025.
The revised proposal sets aside US$4,982,253, while a separate US$3,711,527 budget was presented for the Prime Minister’s Office.
The five initiatives submitted for a 2027 regional action plan also address ageing memberships, youth participation and links between cooperative databases.
The pact follows negotiations launched in November 2024 and covers investor protection, simpler procedures and investment promotion.
Customs connectivity, payment systems and legal reforms are priorities ahead of the planned signing in Manila in November.
The group includes 10 women and 85 men who will take up seven-month horticulture contracts.
The Singapore-based group says a rebound in occupancy and room rates could help it meet full-year targets after a sharp second-quarter downturn.