Pattaya Daily News

19 December 2006 :: 13:12:38 pm 23058

More Thai businessmen to invest in Laos, says Thai PM

BANGKOK, Dec 18 - Expressing optimism that bilateral relations between Thailand and Laos would be further improved and strengthened, Thailand‘ s Prime Minister Surayud Chulanont said here Monday that his government would encourage more Thai business interests to invest in that country.
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            Gen. Surayud’s remarks were made during a luncheon party hosted in honour of Lao Prime Minister Bouasone Bouphavanh during his first official visit to Thailand,which was held at Government House. 

            The two neighbouring countries celebrate the 56th anniversary of their diplomatic relations Tuesday, Gen. Surayud said, adding that relations have now extended to several fields. Combined trade has grown steadily and trade growth last year was over 40 per cent with imports by Thailand expanded by almost double. 

            Moreover, Thai investors have been allowed by the Lao government to invest extensively in that country while the Thai government also has a policy to encourage more Thais to invest in Laos, said Gen. Surayud. 

            He noted that future relations between the two countries would continue to become brighter due to various factors including relaxed regulations which facilitate travel, visa exemptions, bus and other transport services and, most importantly, the scheduled opening of the second Thai-Lao Friendship Bridge on Wednesday. 

            The new span links Thailand’s Mukdahan province with Savannakhet in Laos. From there, roads lead all the way to the ports of Hue and Danang in central Vietnam. The bridge access is expected to boost trade and travel between Thailand and its Indochina neighbours.

Reporter : PDN staff   Photo : PDN staff   Category : Business News

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