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Tue, 04/23/2024 - 18:56
Submitted by nhathong on Sat, 12/06/2008 - 16:59
Vietnamese and Lao trade officials have discussed measures to promote trade in the two countries’ border areas, with the aim of raising their trade turnover to US$1 billion by 2010.

At the sixth meeting on trade management in the border areas between Vietnam and Laos on December 4-5 in the Savannakhet province of Laos, the two sides agreed to increase levels of cooperation between border area authorities, pairs of bordergates and markets along the border.

They also agreed that cross-border economic and commercial exchanges not only boosts trade activities in the border provinces, but also maximises the potential and strength of each locality and forms active economic zones in the Vietnam-Lao border areas.

The meeting proposed that each country’s authorities remove obstacles to policies, simplify commercial procedures, improve infrastructure at border areas, and facilitate cross-border activities and the trade of goods.

The Vietnamese delegation was led by Deputy Minister of Trade and Industry Nguyen Cam Tu and the Lao delegation was headed by Deputy Minister of Trade and Industry Khemmant Phonsena.

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