Laos, Thailand agree on master plan
Thailand and Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021. Deputy Prime Minister Somkid Jatusripitak announced the deal on May 24 after an official meeting with Laotian Deputy PM and Finance Minister Somdee Duangdee in Vientiane. “We will collaborate to develop both trade and investment by focusing on logistics, energy, tourism, border trade, industry and the capital market, and also develop small and medium-sized enterprises in both countries,” he said.
