The Bank of the Lao received a courtesy call from European Union Ambassador to Laos Mark Gallagher, including to mark the Governor’s recent assumption of office and to exchange views on Laos’ macroeconomic conditions and core central bank policy areas. The discussion covered monetary policy, foreign exchange policy and related regulations, and anti-money laundering and counter-terrorist financing (AML/CTF) work. The EU side indicated its intention to support Laos and the Bank of the Lao in areas including access to financial services and AML/CTF, alongside other cooperation. Both sides positively assessed Lao-EU cooperation and indicated they would continue to strengthen bilateral collaboration.
Bank of the Lao 2025-10-20
Bank of the Lao hosts European Union Ambassador Mark Gallagher for talks on monetary policy, foreign exchange regulation and AML/CTF cooperation
The Bank of the Lao received a courtesy call from EU Ambassador Mark Gallagher to discuss Laos' macroeconomic conditions and central bank policies. Topics included monetary policy, foreign exchange regulations, and AML/CTF efforts, with the EU expressing support for Laos in financial services access and AML/CTF. Both parties committed to enhancing bilateral cooperation.