The Commercial Ministry of Thailand and the Lao Ministry of Industry and Commerce have signed a memorandum of understanding (MoU) on cooperation in trade and investment promotion.

The MoU will involve various areas of cooperation, including information exchange on business operation and promotion opportunities.

It will also encourage international exhibitions, business meetings and visits, and trade promotion with the use of technologies for market expansion, especially building markets using the Internet.

The cooperation is expected to promote trade and investment between the two countries as well as in the ASEAN region.-VNA