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Laos' industry and commerce minister: A regionwide trade pact would be a cornerstone for development

Khemmani Pholsena

A regionwide free trade deal would benefit Asia by expanding market access, promoting specialization and expanding economies of scale, Laos' commerce minister told the conference.

"China, Japan and [South] Korea ... are at the lead of efforts to use free trade agreements in order to pursue their respective regional and global trade strategies," Khemmani Pholsena said.

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