Bank of the Lao holds technical talks with Ministry of Industry and Commerce on price and foreign exchange management

The Bank of the Lao held a technical-level bilateral meeting with the Ministry of Industry and Commerce to review progress on implementing resolutions from an earlier meeting between the central bank governor and the minister, and to discuss remaining issues. The discussions focused in particular on price management, the management of foreign currency and valuable items, and coordination between the two institutions. The meeting was co-chaired by the heads of office of the two bodies and included department-level and technical staff from both sides. It exchanged views across several areas and reached joint agreement and alignment on implementation, with the Bank of the Lao stating that the half-day meeting achieved its intended objectives.