Laos lowers target for trade value with South Korea
VIENTIANE (Vientiane Times/ANN) – Laos has reduced its trade value target including for both imports and exports with South Korea this year compared to the figure for last year after a drop in the annual trade value by both countries.
Last year, the trade target for both sides was US$94.1 million, of which US$11.2 million was exports and US$82.9 million was imports. But the total achieved was only US$69.6 million, including US$4.5 million worth of exports and US$65.1 million in imports, according to the Ministry of Industry and Commerce.
News Desk