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Vietnamese, Lao provinces seek to boost cross-border trade

NDO/VNA – Optimal measures to facilitate cross-border trading of agricultural products and materials through Lao Bao-Densavan international border gate between Vietnam’s central Quang Tri province and Savannakhet province of Laos were discussed at a workshop held in Dong Ha city of Quang Tri on March 13.

Building common standards to ensure transparence of procedures and costs at the border gates along the East-West Economic Corridor and guide books on taxation in agricultural production and cross-border investment and business were on the table at the event, which was jointly held by Quang Tri and Savannakhet provinces, and the Mekong Institute.

Also, the participants pointed out factors that affect the circulation of agricultural products through the border gate, including the volume of goods, non-tax measures, cross-border cooperation, customs clearance procedures and transport infrastructure.

Source: http://en.nhandan.org.vn/business/item/5927502-vietnamese-lao-provinces-seek-to-boost-cross-border-trade.html