Laos not fully benefiting from regional economic integration: think tank
VIENTIANE, Dec. 24 (Xinhua) — Laos has not fully benefited from the recent regional economic integration as its share of trade with ASEAN nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank.
The nation’s share of trade with other ASEAN members declined from 74 percent in 2004-2010 to 63 percent in 2011-2017, while the share of exports to ASEAN states out of total exports dropped from 73 percent in 2004-2010 to 51 percent in 2011-2017.
Xinhua
