Laos and China have signed various cooperation agreements to further develop the two-country comprehensive strategic partnership.
The agreements, inked by Laos’ Deputy Prime Minister and Chairman of the Laos-China Cooperation Committee Somsavad Lengsavath and Chinese Ambassador to Laos Guan Huabing on October 30 in Vientiane , cover cooperation areas of economics and technology with an aid from China worth 16.4 million USD.
China is one of Laos ’ key trading partners. In the first five months of this year, bilateral trade reached 794 million USD.
To date, China has provided loans and non-refundable aid for Laos to implement 801 projects worth 3.95 billion USD, mainly in areas of hydropower, mining, agriculture and forestry.-VNA
The agreements, inked by Laos’ Deputy Prime Minister and Chairman of the Laos-China Cooperation Committee Somsavad Lengsavath and Chinese Ambassador to Laos Guan Huabing on October 30 in Vientiane , cover cooperation areas of economics and technology with an aid from China worth 16.4 million USD.
China is one of Laos ’ key trading partners. In the first five months of this year, bilateral trade reached 794 million USD.
To date, China has provided loans and non-refundable aid for Laos to implement 801 projects worth 3.95 billion USD, mainly in areas of hydropower, mining, agriculture and forestry.-VNA
