WTO Entry Offers Legal, Regulatory Benefits to Laos
Clouse, Thomas, Global Finance
The Lao People's Democratic Republic will take the final step in its 15-year campaign to join the World Trade Organization (WTO) this month when the country's legislature ratifies its membership agreement.The small, landlocked southeast Asian nation will become the 158th member of the WTO and the final country of the Association of Southeast Asian Nations (ASEAN) to join. The WTO approved Laos's application in late October, and the country will officially join 30 days after the government ratifies its membership agreement.
Laos's economy has grown at an average rate of 8% since 2006 and will likely expand by 8.3% this year, according to estimates from the International …
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Publication information: Article title: WTO Entry Offers Legal, Regulatory Benefits to Laos. Contributors: Clouse, Thomas - Author. Magazine title: Global Finance. Volume: 26. Issue: 12 Publication date: December 2012. Page number: 8. © Global Finance Media Inc. Feb 2009. Provided by ProQuest LLC. All Rights Reserved.
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