Moon vows to help economic boom in Laos
President Moon Jae-in, left, and Laotian President Bounnhang Vorachith celebrate after signing a memorandum of understanding between South Korea and Laos following a summit at the presidential palace in Laos, Thursday. YonhapBy Kim Yoo-chulVIENTIANE, Laos ― South Korean President Moon Jae-in vowed to elevate ties with Laos by investing more in various business sectors in the Southeast Asian country.On the last stop of his six-day tour to three ASEAN countries including Thailand and Myanmar, the President arrived in the Laotian capital, Thursday afternoon. Moon held a summit with Laos President Bounnhang Vorachit on bilateral cooperation.“South Korea is ready for Laos. We will work together in promoting Laos' real export sector. As Laos is called the battery of Southeast Asia given the country's abundant hydropower resources by way of the Mekong River, South Korea hopes Laos will offer substantial support to South Korean companies that have investment plans in water management-, bio- and medical-related businesses,” Moon said at the start of the summit with his Laotian cou
Sep 5, 2019By Kim Yoo-chul