Vietnamese, Lao provinces seek to boost cross-border trade

Optimal measures to facilitate cross-border trading of agricultural products and materials through Lao Bao-Densavan international border gate between Vietnam’s central Quang Tri province and Savannakhet provinces of Laos were discussed at a workshop held in Dong Ha city of Quang Tri on March 13.
Vietnamese, Lao provinces seek to boost cross-border trade ảnh 1At the Lao Bao International Border Gate in Quang Tri province. (Photo: VNA)

Quang Tri (VNA) – Optimal measures to facilitate cross-border tradingof agricultural products and materials through Lao Bao-Densavan internationalborder gate between Vietnam’s central Quang Tri province and Savannakhetprovince of Laos were discussed at a workshop held in Dong Ha city of QuangTri on March 13.

Building common standards to ensure transparence of procedures and costs at theborder gates along the East-West Economic Corridor and guide books on taxationin agricultural production and cross-border investment and business were on thetable at the event, which was jointly held by Quang Tri and Savannakhetprovinces, and the Mekong Institute.

Also, the participants pointed out factors that affect the circulation ofagricultural products through the border gate, including the volume of goods,non-tax measures, cross-border cooperation, customs clearance procedures andtransport infrastructure.

Nguyen Quan Chinh, Vice Chairman of the People’s Committee of Quang Triprovince, spoke highly of the Mekong Institute’s study to promote cross-bordertrade and recommendations made by the participants at the workshop.

He said the study and recommendations will help the two governments buildproper mechanisms and policies to boost economic activities along the East-WestEconomic Corridor.-VNA
VNA

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