Phuket: WTO unlikely to help Laos escape Thailand’s grasp

Phuket: WTO unlikely to help Laos escape Thailand's grasp

Fifteen years after it first sought membership of the global trade mediator, Laos finally wrapped up negotiations late last year, having adopted dozens of new laws on investment, regulation and intellectual property.

The unprecedented flurry of legislative activity in a country governed by communists since 1975 will create a “slightly more stable legal environment,” said Guy Apovy, president of the European Chamber of Commerce in Laos. It will also attract more overseas investors, he said.

via Phuket: WTO unlikely to help Laos escape Thailand’s grasp.

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