Appendix 1 Continued....
Investment Guarantees, Rights, Benefits and Obligations of Foreign Investors
• To receive benefits from the lease of or a concession over land such as the right to use, sell or use assets associated with the leased land or concession as security to any persons or financial institutions or for the purpose of joint venture, to sublease the right to use land, to transfer the land lease or concession agreement in accordance with the lease term, to use the land lease agreement or concession in Joint Ventures or as security with other persons. The details of the rights, benefits and obligations of foreign investors related to the land lease or concession shall be in compliance with the Land Law and other relevant laws;
• To use foreign labourers, if necessary, but shall not exceed 10% (ten percent) of the enterprise's labour.
Protection Measure
• Laos has signed the bilateral treaties for the investment promotion and protection with over 30 countries and trade agreements with 30 countries and currently is in the process of joining the WTO.
• Laos has trade relations with more than 50 countries and Laos as a least developed country has been granted GSP from 35 countries;
• Authority by the Chairman to for any helpful actions or tax relief measures for the benefits of promoted projects.