KPL
Prime Minister Saleumxay Kommasith met with a delegation from the Republic of Korea led by Choi Seungjae, Vice Minister of SMEs and Startups, in Vientiane on October 19 to discuss ways to strengthen bilateral economic cooperation, investment and small and medium-sized enterprise (SME) development.
(KPL) The meeting took place at the Prime Minister’s Office during the delegation’s official visit to Laos to attend the 2nd Laos–Republic of Korea Business Forum.
The Prime Minister welcomed the delegation and highlighted the visit’s importance in further strengthening the longstanding friendly relations and cooperation between the two countries, particularly in trade, investment and SME development.
He outlined Laos’ investment promotion policies and SME development priorities, calling for closer cooperation in business management, vocational training and skills development, market expansion, technology transfer and business networking.
He also designated the Secretariat of the Lao Investment Promotion and Management Committee as the focal point for coordinating with relevant agencies to provide information, facilitate procedures and follow up on the implementation of outcomes from the business forum.
Choi thanked the Lao government for its warm welcome and reaffirmed the Republic of Korea’s commitment to deepening cooperation with Laos, particularly in the economic, trade and investment sectors.
He expressed hope that the business forum would help companies from both countries exchange information, build networks and develop partnerships that translate into practical cooperation and tangible benefits for their peoples.
KPL
