Singapore can help Laos realise its potential, says minister, as the two nations mark 50 years of ties

Singapore Foreign Minister Vivian Balakrishnan meeting Lao Prime Minister Sonexay Siphandone in Vientiane, Laos, on Jan 27. - PHOTO: MFA

VIENTIANE: Laos has enormous economic potential despite its fiscal difficulties and will thrive if the right infrastructure and policy frameworks are in place, said Singapore’s Foreign Minister Vivian Balakrishnan during his official visit to the country.

Speaking to reporters on Saturday, he said that Singapore can work closely with Laos to maximise its economic potential through education and training, as well as provide assistance to help it plug into the global markets, including in the sale of carbon credits.