Laos and China have signed various cooperation agreements to
further develop the two-country comprehensive strategic partnership.
The agreements, inked by Laos’ Deputy Prime Minister and Chairman
of the Laos-China Cooperation Committee Somsavad Lengsavath and Chinese
Ambassador to Laos Guan Huabing on October 30 in Vientiane , cover
cooperation areas of economics and technology with an aid from China
worth 16.4 million USD.
China is one of Laos ’ key
trading partners. In the first five months of this year, bilateral trade
reached 794 million USD.
To date, China has provided loans
and non-refundable aid for Laos to implement 801 projects worth 3.95
billion USD, mainly in areas of hydropower, mining, agriculture and
forestry.-VNA