Laos' strategy for development is based on generating electricity from its rivers and selling the power to its neighbours, namely Thailand, China, and Vietnam.[10] Its economy is accelerating rapidly with the demands for its metals.[11]
It is a member of the Asia-Pacific Trade Agreement (APTA), Association of Southeast Asian Nations (ASEAN), East Asia Summit and La Francophonie. Laos applied for membership of the World Trade Organization (WTO) in 1997; on 2 February 2013, it was granted full membership
Laos' strategy for development is based on generating electricity from its rivers and selling the power to its neighbours, namely Thailand, China, and Vietnam.[10] Its economy is accelerating rapidly with the demands for its metals.[11]It is a member of the Asia-Pacific Trade Agreement (APTA), Association of Southeast Asian Nations (ASEAN), East Asia Summit and La Francophonie. Laos applied for membership of the World Trade Organization (WTO) in 1997; on 2 February 2013, it was granted full membership
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