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Thailand, Laos set US$11bn trade target for 2027

Thailand, Laos set US$11bn trade target for 2027

Today 16:36 Key points summarised by AI
  • Thailand and Laos established an ambitious US$11 billion bilateral trade target by 2027, aiming to transform border transport networks into major international trade corridors.
  • To achieve this, both nations will streamline border logistics, upgrade key checkpoints and infrastructure, and align digital economy policies to connect Southeast Asian supply chains with broader regional routes.
  • Beyond trade, the countries committed to strengthening border security against transnational crime, integrating clean energy initiatives, and addressing environmental priorities like water resource management and transboundary haze.
  • They also set a joint tourism target of 3 million annual visitors, supported by local partnerships and new infrastructure projects such as the Chiang Man–Luang Prabang Bridge.
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