Lao PDR joined the WTO in 2013, intends to be a middle-income economy by 2020, and has a fast-growing economy. As a “land bridge” for trade blossoming among ASEAN neighbors and beyond, the country is well situated to benefit from open trade, better investment policies, and an improved domestic business environment. And establishment of the ASEAN Economic Community by 2015 will provide challenges as well as opportunities for Lao businesses.
Led by Nathan Associates, this project will assist the government in further liberalizing trade and will build the capacity of institutions to support and sustain reforms and meet commitments made under various trade agreements. Ultimately, the project will advance the legislation and institutional capacity needed for Lao PDR to have an open and inclusive business environment, one characterized by better economic governance and stronger rule of law. Specific activities will involve the following:
Nathan Associates managed the LUNA-Lao Project, the predecessor of this project.
To learn more about LUNA II, contact
Ashok Menon, Chief of Party