Laos aims to have US$ 500 million worth of annual garment export
By Phommouny
(KPL) The Lao Garment Association has aimed to have US$ 500 million worth of annual export and create over 600,000 jobs over the next five years, according to Deputy Minister of Industry and Commerce, Mr. Siaosavath Savangsuksa.
"Laos has signed trade agreements with 47 countries in the world and we have been committed to increasing job number up to 600,000 by 2015 from 300,000 in 2011,"Mr. Siaosavath told the 32 nd ASEAN Garment Federation Meeting in Vientiane Capital on Jan 18.
"Recognising the facilitation of trade between Asean and international economic community, we have made numerous efforts in developing basic infrastructure to facilitate trade, investment, tourism, transport and service,"said Mr. Siewsavath.