On 20–21 October, an Australian livestock delegation will visit Laos to explore trade and investment opportunities for Australian businesses in Laos’ expanding beef production and broader agriculture sector.
The delegation will include senior representatives from Meat and Livestock Australia; the Cattle Council of Australia; the Australian Department of Agriculture, Fisheries and Forestry; the Australian Trade and Investment Commission (Austrade); and ANZ Bank.
Opportunities arise from Laos’ economic potential, strategic location, and the Lao Government’s strategy to become ‘land-linked’, which has led to new infrastructure and better connectivity.
Michael Whitehead from ANZ Agribusiness Insights said: “Laos provides a terrific combination of a government and private sector keen to build on its natural agricultural advantages; a geographic position ideal for trade with countries across the region; and a growing population whose demand for beef will continue to rise”.
Dan Heldon, Chargé d’affaires at the Australian Embassy, said “Australia welcomes the opportunity to support Laos’ agriculture sector and its broader development priorities. Australia is a recognised world leader in beef production, sustainability and agricultural innovation. Growing our cooperation in these areas will enable Laos to benefit from Australian expertise”.
Laos and Australia celebrate 70 years of diplomatic relations this year. This visit builds on strong and expanding support for basic education and human resource development, quality infrastructure, and environmental resilience – and our assistance for Laos’ health and economic recovery from COVID-19.
We see investing in partners like Laos and other Southeast Asian countries as a pathway to strengthening regional prosperity, security and resilience.
Source: Lao News Agency