Earlier this year Laos celebrated the first anniversary of its WTO membership. Laos’ accession to the WTO has been less talked about than that of its neighbours China and Vietnam, who joined the organisation in 2001 and 2007, respectively. This is partly due to Laos being a small, landlocked economy whose accession would not be expected to make a big impact on international trade.
But Laos’ clout is more than may first appear. » More