VIENTIANE, March 29 (Xinhua) -- The Lao government has endorsed several crucial documents to bolster trade and investment, improve citizens' lives, and safeguard national security.
At the government's monthly meeting for March, the participants discussed and endorsed in principle draft amendments to the Law on Investment Promotion, with particular emphasis on delineating parameters for investors in Laos seeking to venture abroad, the local news website Lao Pattana News reported on Friday.
During the meeting on March 26-27, the cabinet adopted in principle several key legislative proposals, including draft amendments to a decree on dry ports, acknowledging the need for clear and coherent guidelines to facilitate effective investment management of these ports.
A draft national productivity master plan for 2030 and draft amendments to a decree on permanent residency for people of Lao descent living abroad were also passed, along with regulations relating to border crossings and international airports.
Deliberations also included a blueprint for national cyber security development until 2030.
The cabinet pledged targeted interventions to address inflationary pressures stemming from price volatility in certain product categories, according to the report. ■
