PM issues plan to implement VN–Laos border trade agreement

August 25, 2016 | 14:56

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Prime Minister Nguyen Xuan Phuc has issued a plan for implementing a border trade agreement between Viet Nam and Laos.

A corner of 2016 VIETLAOEXPO in Vientiane, Laos. Viet Nam will carry out trade promotion activities for better access and penetration of markets through the border gates of the two countries.- Photo Pham Kien

Under the plan, relevant agencies will publicise the agreement's content and help people to obey the terms and instruction documents.

They will also support businesses in the border area between the two countries in trade promotion, cross-border investment and tourism and in developing border market operations.

The trade promotion activities will include market studies, exhibitions and trade fairs, advertising and consultancy, besides brokerage, agents and services for better access and penetration of markets through the border gates of the two countries.

The agencies will also conduct programmes to encourage businessmen and residents in border areas to invest in production and farming in the border provinces, based on the agreement's preferential policies and mechanisms on investment operations, and to develop tourism in the provinces of the two sides.

VNS

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