New service charter planned to ease cross-border trade for Laos

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce plans to introduce a new service charter to reduce the time it takes to authorise imports and exports, as part of efforts to improve the business climate.

The ministry’s Import and Export Department said in a recent report that it plans to introduce the service charter this year so that business operators can benefit from faster services at the department.

Under the new service charter, businesses will be able to get permission to import and export vehicles, fuel and diamonds within one day after submitting a formal request.

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Ekaphone Phouthonesy