Laos

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About Laos

Laos also officially known as Lao People’s Democratic Republic is a Southeast Asian country previously a French Colony and current communist country (Marxist-Leninist).

The country is one of the fastest-growing economies in South East Asia and the Pacific Region. Though the country still depends on agriculture is also rich in Mineral resources and Mining. While Metallurgy is an important industry with substantial deposits of coal, gold, bauxite, tin, copper, and other valuable metals, the mining industry is also has a prominent attention due to deposits of gold, copper, zinc, lead and other minerals.

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Country Facts

 

Basic Details
RegionASEAN
Capital CityVientiane
Government TypeUnitary Marxist–Leninist one-party socialist republic
Official LanguagesLao, Hmong, Khmu, French
CurrencyLao kip, LAK
Phone Code +856
Important CitiesSavannakhet, Pakxe, Thakhek, Muang Xai, Luang Prabang, Xam Neua, Phonsavan, Vang Vieng, Muang Pakxan
National DayNational Day (2nd Dec)
Economy
Ease of Doing Business Ranking154 (Below Average)
Primary IndustriesCopper, tin, gold, and gypsum mining; timber, electric power, agricultural processing, rubber construction, garments, cement and tourism
Major ExportsMineral fuels including oil, Electrical machinery, equipment, Ores, slag, ash, Copper, Wood, Clothing, accessories (not knit or crochet), Rubber, rubber articles, Woodpulp, Fertilizers, Vegetables.
Major Exports to IndiaMetals, Food Products, Chemicals, Machinery and Electricals, Vegetables, Raw materials, Wood, Stone and Glass
Major Importsoil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement, Broadcasting Equipment, Delivery Trucks, Iron Structures, Other Steel Bars, Hydraulic Turbines.
Major Imports from IndiaMachinery and Electricals, Chemicals, Metals, Raw materials, Food Products, Wood, Vegetables, Stone and Glass
Foreign Relations
Trade Agreements with Indiabilateral relations, Bilateral trade India ASEAN Trade in Goods Agreement, Economic Integration Agreement (EIA) & Free Trade Agreement (FTA), Asia Pacific Trade Agreement (APTA)
Bordering NationsChina, Vietnam, Cambodia, Thailand, Myanmar
Member ofAsian Infrastructure Investment Bank(AIIB), Asia-Pacific Trade Agreement(APTA), Association of Southeast Asian Nations(ASEAN), East Asia Summit(EAS), Organisation internationale de la Francophonie(OIF), United Nations(UN), World Trade Organization(WTO), Group of 77(G77)
Indian Embassy DetailsH.E. DINKAR ASTHANA
Honourable Ambassador
Embassy of India
No. 125, Unit 7, Ban Saphanthong Kang, Sisattanak District, PO Box No.225, Vientiane
Email: amb.vientianne@mea.gov.in
Phone: 00-856-21-352301, 352302, 352303
Embassy Details in IndiaH.E. Mr. Bounneme Chouanghom
Honorable Ambassador
Embassy of the Lao People s Democratic Republic
S-420, Greater Kailash, Part-II, New Delhi-110048, India.
Email: laoembdelhi@gmail.com
Phone: +011-4132-7352