Thailand, Laos target $8 bn in bilateral trade
Play
THAILAND AND LAOS ARE set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones.
According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 per cent year on year to Bt151 billion last year, with Thailand holding a trade surplus of Bt96 billion.
At a seminar titled “Thai-Lao SEZs: Trade, Investment, and Tourism Opportunities” organised by the Foreign Trade Department, Commerce Minister General Chatchai Sarikalya said Thailand and Laos could drive stronger trade growth under as both governments have a policy of promoting special economic zones.
