Coat of arms: shows the national shrine Pha That Luang. A dam is pictured which as a symbol of power generation at the reservoir Nam Ngum, an asphalt street is also pictured, as well as a stylized watered field.
In the lower part is a section of a gear wheel. The inscription on the left reads «Peace, Independence, Democracy» and on the right, «Unity and Prosperity».
Flag: consists of three horizontal stripes, with the middle stripe in blue being twice the height of the top and bottom red stripes. In the middle is a white disc, the diameter of the disc is 4⁄5 the height of the blue stripe. The flag ratio is 2:3.
The current flag was adopted on December 2, 1975 when it became a socialist state.
- Anthem: «Pheng Sat Lāo» is the national anthem of the Lao People's Democratic Republic. Dr. Thongdy Sounthonevichit composed the music and wrote the lyrics in 1941. This was adopted as the national anthem of the Kingdom of Laos in 1945.
- Official languages: Lao.
- Geographical location: it is the only landlocked country in Southeast Asia at the heart of the Indochinese peninsula, bordered by Myanmar (Burma) and China to the northwest, Vietnam to the east, Cambodia to the southwest, and Thailand to the west and southwest.
- Administrative divisions: Laos is divided into 17 provinces (khoueng) and one prefecture (kampheng nakhon) which includes the capital city Vientiane (Nakhon Louang Viangchan). Provinces are further divided into districts (muang) and then villages (ban). An urban village is essentially a town
- Capital: Vientiane.
- Governance: the politics takes place in the framework of a one-party socialist republic. The only legal political party is the Lao People's Revolutionary Party (LPRP). The de jure head of state is President, who also is LPRP general secretary making him the de facto leader of Laos. The head of government is Prime Minister. Government policies are determined by the party through the all-powerful nine-member Politburo of the Lao People's Revolutionary Party and the 49-member Central Committee. Important government decisions are vetted by the Council of Ministers.
- Population: 6.7 million.
- Currency: Kip.
- GDP: $14.5 billion.
- Time zone: GMT +7.
- Telephone code: +856.
- Barcode: 418.
Trade and economic cooperation between Belarus and Laos
Dynamics of trade between Belarus and Laos in 2013 — 2017 years (in thousand U.S. dollars)
|
Year |
2013 |
2014 |
2015 |
2016 |
2017 |
January — April 2018 |
January — April 2018 as compared to January — April 2017, % |
|
Turnover |
483.3 |
5739.0 |
1615.4 |
2492.6 |
11.8 |
63.9 |
2300.7 |
|
Exports |
440.2 |
5608.6 |
1606.9 |
2480.3 |
0 |
51.1 |
|
|
Imports |
43.1 |
130.8 |
8.5 |
12.3 |
11.8 |
12.8 |
474.1 |
|
Surplus |
397.1 |
5477.8 |
1598.4 |
2468 |
-11.8 |
38.3 |
Belarus's most valuable products, imported by Laos:
- Potassic fertilizers;
- Liquid crystal devices.
In January — April 2018, trade turnover between the countries increased in 23 times to $63.9 thousand as compared to the same period of 2017. Belarusian exports increased in 3.4 times to $51.1 thousand. Trade surplus was $38.3 million.
In January — April 2018, Belarusian goods of 2 commodity headings were supplied to Laos (goods were not supplied within the same period of 2017).
This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in Socialist Republic of Vietnam, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Laos for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.
When using the materials of this article, the link to Export.by is obligatory.
Best wishes,
Administration of Export.by
