Prime Minister of the Lao PDR Welcomes Republic of Korea Delegation to Promote Investment and SME Development

by | Oct 20, 2026 | News & Events

On 19 October 2026, at the Prime Minister’s Office, H.E. Mr. Saleumxay Kommasith, Prime Minister of the Lao PDR, received a courtesy call from a delegation from the Republic of Korea led by Mr. Choi Seungjae, Vice Minister of SMEs and Startups of the Republic of Korea. The delegation was visiting Laos to attend the 2nd Laos–Korea Investment and Business Promotion Conference, jointly organised by the Investment Promotion and Management Committee, the Lao National Chamber of Commerce and Industry, and the Korea–Laos Industrial and Cultural Exchange Association (KLICEA).

The Prime Minister warmly welcomed the delegation and expressed his appreciation for its visit, recognising its contribution to strengthening friendship and cooperation between the two countries.

The Prime Minister emphasised the importance of promoting cooperation in trade, investment and tourism. He encouraged both sides to expand exchanges of experience in business management, strengthen training and workforce skills development, and apply advanced technologies to support socioeconomic development. Such cooperation would strengthen business linkages and create further opportunities for enterprises of both countries.

To ensure that the discussions lead to concrete results, the Prime Minister assigned the Investment Promotion and Management Committee Office to serve as the focal point for coordination with relevant agencies, provide information and guidance on procedures, and follow up on the implementation of the conference outcomes.

On the same occasion, Mr. Choi Seungjae expressed his gratitude for the warm reception and reaffirmed his commitment to further strengthening economic, trade and investment cooperation between the two countries. He expressed his hope that the 2nd Laos–Korea Investment and Business Promotion Conference would provide a platform for businesses from both sides to meet, exchange information, build networks and strengthen mutual trust, paving the way for cooperation that delivers tangible benefits to the people of both nations.

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