On 11 October 2012, the Australian Embassy, the Lao National Chamber of Commerce & Industry and the Australia-New Zealand Business Association held a Lao Australia Business Forum (LABF) at the Lao Plaza Hotel, Vientiane.
The LABF was one of several events marking the 60th anniversary of diplomatic relations between the Lao PDR and Australia in 2012. The aim of the LABF was to encourage bilateral trade and investment, including to:
- raise awareness of respective business strengths and opportunities;
- discuss constraints to the expansion of commercial activity, and;
- foster relations between the Australian and Lao business communities.
Introductory remarks were made by Australian Ambassador, H.E. Ms Lynda Worthaisong and LNCCI Vice President, Mr Oudet Souvannavong. The LABF was officially opened by Mme Khemmani Pholsena, Vice-Minister of Commerce & Industry.
The afternoon session on legal & financial services was chaired by Ms Catherine Follett, Country Manager for McDonald Steed McGrath, who also presented on the topic of how to get the best out of a deal in the Lao PDR.