Laos and Cambodia have agreed to strengthen their friendship and increase bilateral cooperation between the two, particularly in investment relations in the near future.
The Investment Protection Agreement governing this consensus was signed by Lao Deputy Prime Minister-cum-Minister of Foreign Affairs Thongloun Sisoulith and his Cambodian counterpart, Ho Nam Hong on November 24.
The agreement was signed during the two-day official visit to Laos by Cambodian Prime Miniter Hun Sen, who is to attend the 5 th summit of the Cambodia-Laos-Vietnam (CLV) Development Triangle, taking place in the Lao capital of Vientiane from November 26-27.
On the first day of his stay in Laos, the Cambodian Prime Minister held talks with Lao Prime Minister Buasone Boupphavanh. The two leaders expressed their pleasure at the two countries’ traditional relationship and spoke highly of their mutual assistance in socio-economic matters for the sake of the people of the two countries.
On November 25, Prime Minister Hun Sen met with Lao President Choummaly Xayasone.