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Laos and S. Korea expand cooperation

Lao Prime Minister has made an official announcement of a 15-day visa exemption for tourists from the Republic of Korea during his recent three-day visit to Korea.

The visit was at the invitation of Mr. Han Seung-soo, Prime Minister of the Republic of Korea.
During his stay in Seoul from the June 18, PM Bouasone called on RoK President Lee Myung-bak and held talks with his Korean counterpart, Han Seung-soo,

The two premiers have evaluated the bilateral friendship and cooperation, and find practical ways to promote the cooperation. Since 1995, the co-operation on trade, investment and the exchange visit between the high-ranking officials of the two sides has increased. The Korean investment in energy, natural resource development and other sectors has contributed to the social-economic development of Laos. The ROK side has asked Laos to continue to support as well as to provide facilities to ROK companies in investment in Laos.

The sides have agreed to facilitate the discussion between organizations concerned from both countries to find ways to strengthen their co-operation in the future in anticipation of the celebration of the 15th founding anniversary of the diplomatic relations between Laos and the Republic of Korea in 2010.

PM Bouasone pointed out that the Lao government had paid attention to the open-up policy to attract foreign investment in mining, hydropower and tourism, and asked for support from the ROK. PM Bouasone also expressed thanks to the ROK government and people for their kind assistance and support for Laos in the past and at present, considered a big contribution to the social-economic development in Laos.

The Korea trip took the Lao Prime Minister and his delegation to a number of cultural, social-economic development sites in Seoul.

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