Laos, Cambodia to boost investment cooperation

(KPL) Laos and Cambodia have agreed to strengthen their friendship and increase bilateral cooperation between the two, particularly in investment relations in the near future.
The Investment Protection Agreement governing this consensus was signed by Lao Deputy Prime Minister-cum-Minister of Foreign Affairs Thongloun Sisoulith and his Cambodian counterpart, Ho Nam Hong on 24 November.
The agreement was signed during the two-day official visit to Laos by Cambodian Prime Miniter Hun Sen, who is to attend the 5th summit of the Cambodia-Laos-Vietnam (CLV) Development Triangle, taking place in the Lao capital of Vientiane from 26-27 November.
On the first day of his stay in Laos, the Cambodian Prime Minister held talks with Lao Prime Minister Buasone Boupphavanh. The two leaders expressed their pleasure at the two countries’ traditional relationship and spoke highly of their mutual assistance in socio-economic matters for the sake of the people of the two countries.
On 25 November Prime Minister Hun Sen met with Lao President Choummaly Xayasone.

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