Laos took a significant step in strengthening its global economic ties this week, becoming a dialogue partner of the Shanghai Cooperation Organization (SCO) during the bloc's 25th Heads of State Council meeting in Tianjin. The development comes as economic cooperation with China continues reshaping the Southeast Asian nation's development landscape.
Eakvixay Tran, a Laotian economics student at Beijing's Tsinghua University, describes the China-Laos Railway as a “game-changer” that does more than move goods between Kunming and Vientiane. “It carries opportunities for cultural exchange, job creation, and technological transfer,” he explains, noting improved access to education and healthcare services along the route.
With Chinese investments helping harness Laos' natural resources through sustainable projects, Tran sees growing prospects for his homeland. “This partnership balances economic modernization with environmental stewardship,” he says, pointing to renewable energy initiatives and responsible mining practices.
The SCO membership expansion aligns with China's broader Belt and Road infrastructure push, offering landlocked Laos new connectivity to regional markets. Analysts suggest this could position the nation as a key logistics hub within ASEAN-China trade networks.
Reference(s):
We Talk: Laotian describes benefits of Laos-China economic cooperation
cgtn.com