Laos can leverage regional position to boost growth: ADB

Laos has potential to leverage its regional position to boost trade. - ADB

VIENTIANE (Vientiane Times/Asia News Network): Laos, a member of the Greater Mekong Subregion (GMS) Economic Cooperation Programme, can leverage its regional position to grow its economy and increase resilience to external shocks, according to a new Asian Development Bank (ADB) report.

“Leveraging Benefits of Regional Economic Integration” shows how Laos can leverage its regional position to boost trade, increase agricultural production, and harness the power of its cities to promote inclusive and equitable growth.