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Laos pushes to increase exports, earning US$977mil in five months of 2025
VIENTIANE: Laos earned US$977 million from agricultural exports in the first five months of 2025, reaching 65 percent of the Lao National Assembly's annual target of US$1.5 billion.
The Lao government is accelerating efforts to strengthen agricultural exports and enforce stricter oversight of the mining industry in a bid to reduce import dependency, expand trade, and ensure sustainable economic development.
Speaking at the ninth ordinary session of the Lao National Assembly's ninth legislature on Monday (June 9), Lao Prime Minister Sonexay Siphandone highlighted key achievements in agriculture and mining as part of the country's strategy to reduce import dependency and promote sustainable economic growth.
To boost export competitiveness, the Lao government is expediting the construction of a modern slaughterhouse that meets international standards.
This facility is expected to enhance the quality and marketability of the country's meat exports.
In parallel with its agricultural initiatives, the government is intensifying oversight of the mining sector.
In his speech, Sonexay reaffirmed the government's commitment to economic diversification and sustainable development, pledging continued reforms in both agriculture and natural resource management. - Xinhua