Laos, China agree to cement strategic partnership

MONDAY, SEPTEMBER 30, 2013
Laos, China agree to cement strategic partnership

Laos and China have signed a number of cooperation documents relating to the further development of their comprehensive strategic partnership and the future of their economic cooperation.

The agreements were signed during an official goodwill visit to China by Laotian President and Secretary General of the Lao People’s Revolutionary Party Choummaly Sayasone from September 26-30 in response to an invitation from his Chinese counterpart Xi Jinping.
According to a China Daily report, Laos serves a unique role in bringing China closer to its Asean neighbours and can act as a mediator amid some regional disputes.
“In its foreign policies, Laos sees China as a key partner. Economically, its fast development is closely linked with that of China,” China Daily said quoting Head of the Institute of Lao Studies at the Institute of China-Asean Research in the Guangxi Zhuang region.
China is a key trading partner with Laos and their annual trade volume has been increasing on a year-on-year basis.