The Lao government has instructed ministries to streamline procedures to facilitate trade and speed up freight transport and the export of goods, reported Xinhua news agency.
People join traffic in Vientiane. (Photo: Xinhua/VNA)
Hanoi (VNA) – ꧃The Laogovernment has instructed ministries to streamline procedures to facilitatetrade and speed up freight transport and the export of goods, reported Xinhuanews agency.
The move aims to facilitatetrade and accelerate freight transport and the export of goods such as farmproducts, timber and non-timber forest products, and minerals. The Lao Ministry ofAgriculture and Forestry was assigned to work with relevant bodies tostreamline procedures and the certification process, so that domestic transportand the export of products managed by the ministry would take place at a muchfaster pace, according to Lao economic daily. The Lao government advisedthe relevant bodies to devise clear and streamlined regulations to shorten allthe related processes and cut spending, thus speeding up the movement offreight. In addition, authoritieswere told to formulate legislation to regulate products such as woodenfurniture and handicrafts being sold at fairs and electronics markets. The shipment of commercialcrops including rice, coffee, beans and vegetables no longer requirestransporters to seek permission from the authorities. However, in the event ofa plant or animal disease outbreak, transport will be prohibited. The Lao Ministry of Energyand Mines was tasked with streamlining similar procedures and mechanisms tospeed up the export of mineral products, while the Ministry of Finance withcontinuing to install a computerised customs management system, and to expandthe Lao National Single Window (for tariff declaration) in order to facilitateand quicken procedures. Laos’s total trade value inApril amounted to 950 million USD, of which 424 million USD were exports and526 million USD were imports./.
Laos enjoyed increasing trade surplus in three consecutive months of this year, despite the continuing depreciation of the Kip and rising costs of production and consumables.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.