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Laos values cooperation with China’s Yunnan province

The country highly values the cooperative ties with China’s Yunnan province, which have facilitated the geographic conditions for broadening the cooperation.

Minister of Foreign Affairs Mr Saleumxay Kommasith made the assessment during his visit to the Chinese province early this week on the invitation of Communist Party Secretary of Yunnan province, Mr Chen Hao.
At his meeting with the Chinese provincial leader, the Lao minister highly valued the economic, trade, investment, and cultural cooperation between Laos and China, which he said grew persistently.
He appreciated the socio-economic development in Yunnan province that has seen continuous growth.
Pertaining to Yunnan province’s geographic location, and the only Chinese region sharing a border with Laos, Mr Saleumxay said this provided enabling conditions for the economic, trade and investment cooperation ties between the Chinese province and Laos, noting Yunnan as the strategic gate of China to Southeast Asia.
The Lao minister thanked Yunnan provincial leaders for encouraging large companies in the province to invest in Laos, and their enthusiasm in the development of Boten-Bohan Special Economic Zone, and Xaysettha Development Zone.
Minister Saleumxay confirmed the Lao government’s steadfast support for the Chinese One Belt One Road Initiative to broaden and strengthen connectivity in the region and around the world.
The two sides agreed to deepen the coordination to ensure the completion of the Laos-China railway project on schedule.
The Lao side proposed that Chinese authorities encourage more investors to invest in Laos.
After the meeting, Mr Saleumxay Kommasith and Mr Chen Hao witnessed the signing of notes on friendship and cooperation ties between the Lao Ministry of Foreign Affairs office and Yunnan province Foreign Affairs office.

By Times Reporters
(Latest Update June 20, 2019)

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