Officials in Laos have held a high-level meeting to assess efforts aimed at addressing the impact of rising fuel prices across the country.

The meeting of the Task Force for Resolving Fuel Issues took place at the Prime Minister’s Office in Vientiane on 26 March.

It was chaired by Deputy Prime Minister Saleumxay Kommasith, who also heads the task force.

The gathering brought together committee members, technical staff, and representatives from relevant ministries and sectors.

Participants reviewed progress made under Prime Minister’s Order No. 40, issued earlier in March, which calls for stronger action to mitigate fuel-related pressures on the economy.

Discussions focused on how government measures are being implemented at both central and local levels. Officials also examined the current fuel supply chain, including imports, pricing, distribution systems and retail services.

Challenges within the supply chain—particularly in the import, distribution and sales processes—were highlighted, with officials seeking ways to ensure more stable and reliable access to fuel for the public.

The task force also evaluated efforts to promote the use of electric vehicles (EVs), seen as a longer-term strategy to reduce dependence on fossil fuels.

Looking ahead, officials outlined several policy directions. These include diversifying sources of fuel imports and supporting companies with strong capacity to secure supply.

Other measures under consideration include improving quality standards for electric vehicles, expanding the use of banking systems for payments to enhance transparency, and strengthening market regulation to prevent unfair practices.

Authorities say the measures are aimed at easing pressure on the cost of living, supporting domestic production and maintaining exchange rate stability.

The government has indicated that both short-term interventions and longer-term reforms will be necessary to address ongoing fuel-related challenges.

KPL