Bilateral trade between Laos and Thailand, for the first nine months of 2005, totals more than 55,000 million Bahts, an average increase of 33% from 2004. Thailand’s imports from Laos for the same period increase 7% from the previous year.
However, Laos is running a deficit of over 36,000 million Bahts for the three quarters. The deficit is expected to increase to more than 48,000 million Bahts by the end of 2005.
Listen to our Laos Today report for more details.