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Thailand and Laos aim for US$11 billion in bilateral trade by 2027
The neighbours agreed to improve border infrastructure and logistics, coordinate digital policies and support regional energy links.
Trade deals, tariffs, investment rules and regulation.
The neighbours agreed to improve border infrastructure and logistics, coordinate digital policies and support regional energy links.
Economic Affairs Minister Airlangga Hartarto said the agreement is intended to take effect in early 2027 and could support closer business ties with Germany.
Trade Minister Budi Santoso has asked France to support the agreement’s approval, while Indonesia aims for implementation by early 2027.
The negotiations covered an August 1977 agreement, with the Philippine finance department saying the update aims to clarify cross-border tax rules.