Thailand to support technical term in establishment of Lao stock market
(KPL) Lao high-ranking delegation, led by Mr Somsavat Lengsavad, Standing Deputy Prime Minister arrived home last week with an achievement in exchanging lesson on the establishment of stock market of Thailand.
The delegation was briefed on the establishment of stock market, the activities, management and 2007 general economic conditions of Thailand. Mr Somsavat Lengsavad, Standing Deputy Prime Minister and his delegation called for Thai Minister of Finance and Governor of Thai Central Bank.
During the visit, the delegation was informed about the Thai stock exchange activities over the past 30 year, including achievement, barriers and other shortcomings.
Two sides have agreed to sign a Memorandum of Understanding on mutual cooperation and assistance in the technical term of stock market that will be soon established in Laos.
At the same time, Mr Somsavat Lengsavad, Standing Deputy Prime Minister paid a working visit to Thai Prime Minister.
Thai Prime Minister has confirmed to support Laos in the establishment of stock exchange and he also promoted in the implementation of other agreements signed by two governments.
This includes the construction project of Mekong bridge spanning over Khammouane province to Naknonephanom province of Thailand and the purchasing electricity from Laos with an increase to 7,000 annual megawatt from 2,000 and 5,000 annual megawatt.
The delegation was briefed on the establishment of stock market, the activities, management and 2007 general economic conditions of Thailand. 
