Govt adopts three draft laws

06-Sep-2005 Intellasia | 06/Sep/2005 Vientiane Times | 8:29 AM Print This Post

The government adopted three draft laws on enterprise, tourism and medical treatment at its August meeting.
The draft laws will be submitted for approval at the upcoming National Assembly session.
The monthly government meeting was held from August 29-31, chaired by Prime Minister Bounnhang Vorachit.
The draft law on enterprise aims to promote and regulate business and investment across sectors to contribute to comprehensive national development.
The draft law on tourism aims to promote and develop sustainable tourism in Laos.
The objective of the draft law on medical treatment is to ensure good health for the people of Laos as a whole.
The meeting also urged ministers to focus on preparations for the 26th General Assembly of the ASEAN Inter-Parliamentary Organisation (AIPO).
The government also assessed the domestic and international situation observing that many countries had been affected by floods. Also spiraling oil prices had impacted several economies in the world.
The situation in the country was peaceful. Most importantly, the country has completed hosting the 38th ASEAN Ministerial Meeting.
Celebrations of the 30-year anniversary of Uprising Day and National Constitution Day have been organised countrywide.
The government had paid attention to price control and urged people to use local products.
The exchange rate was under control.
Revenue officials were also urged to achieve the plan target for 2004-05. Until August 2005, revenue collection stood at 2,672 billion kip.
The meeting saw the need for research to devise next year’s investment plan and five-year plans of all sectors.
Economic research was also suggested to be done. It inspected business units and advised the concerned sectors to speed up issuance of licences to accelerate domestic and foreign investments.
The meeting also discussed investment projects such as the Nam Ngai hydroelectric dam project in Phongsaly province and the Phapon gold exploration project.
About the Sepon mining project, the meeting observed that it had produced 22.32 tonnes of gold and exported 22.17 tonnes valued at US$168.8 million.
Also, some 9,608 tonnes of copper out of 11,000 tonnes produced by the mine had since been exported, valued at US$33.6 million.
To assist flood victims in affected provinces, the government sent rice seeds, fertilisers, and medicines and advised farmers to change their crop patterns to create income to recover losses. They also prepared 50 tonnes of various species of rice seeds to farmers.
Active preparation was on for the AIPO meeting to be held at the end of September.
In education, the government talked about the efficient management of university entrance exams as also for vocational schools.
In sports development, construction of sports facilities is in full swing in Savannakhet to help host the National Games in December.
An agreement has been signed with Vietnam for building a radio and TV station with grant aid in Pakxong district, Champassak province.
The meeting discussed the proposed 500 kv electricity project to connect the grid between China, Laos and Thailand.
A cooperation project with the Asian Development Bank on poverty reduction has already been implemented.
The meeting listened to the report on the achievement of the 38th AMM in July. It was a historic event in the region, and reflected the role of the Lao PDR on the international stage.
The report also mentioned the achievement of the 10th ASEAN summit, held last November in Vientiane.
The plan to produce agriculture in the fiscal year 2004-05 will focus on producing 2.29 million tonnes of rice, 185,000 tonnes of vegetables and 255,000 tonnes of fruit. Livestock and fish rearing was targeted at about 24,420 tones.
The meeting heard the cooperation on transportation between Laos and Vietnam, especially the implementation of an agreement on land transportation and the use of Vietnamese harbour.
The meeting also heard the plan of the socio-economic development and budget for the fiscal year 2005-06, to be submitted and approved in the next session of the National Assembly.


Category: ResourceAsia

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