Laos a step closer to WTO
- Published: 7 Dec 2012 at 20.53
- Online news:
Laos has ratified its membership in the World Trade Organization, state media said on Friday, the latest step in the country's 15-year effort to join the global body.
The Laotian parliament on Thursday formally gave its approval, paving the way for the country's entrance to the 157-member organisation in early 2013, according to a report in the Vientiane Times.
It said most lawmakers "supported the government's decision to join the WTO, saying it was a golden opportunity for Laos to benefit from market liberalisation".
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.