Laos voices support to China's BRI
(MENAFN) Lao President Bounnhang Vorachit announced that the country fully supports trade infrastructure development of the Belt and Road Initiative (BRI).
Vientiane Times reported on Monday that the president "voiced the Lao government's support for the China-led Belt and Road Initiative, saying the global project will help to transform Laos from being landlocked into a land link."
China's BRI, the president affirmed, is compatible with a policy the government formed to become a hub in the region.
Several advantages are witnessed through the BRI for Laos, including Chinese backing for the Laos-China railway, the daily added.
Vientiane Times reported on Monday that the president "voiced the Lao government's support for the China-led Belt and Road Initiative, saying the global project will help to transform Laos from being landlocked into a land link."
China's BRI, the president affirmed, is compatible with a policy the government formed to become a hub in the region.
Several advantages are witnessed through the BRI for Laos, including Chinese backing for the Laos-China railway, the daily added.
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