Chinese firms sign $184m deals to purchase goods from Laos

KUNMING - Chinese companies signed contracts worth 1.3 billion yuan ($184 million) to purchase goods, mainly agricultural products, from their Laos counterparts.

The deals were signed as the 2019 Sino-Laos Investment Fair concluded Friday in Kunming, capital of Southwest China's Yunnan province.

A seminar was held on the same day to introduce policy advantages and the investment environment of Laos. Investment intents were also signed at the event, centering on tourism, infrastructure development and agricultural technology, according to the organizers.

The event attracted more than 200 officials and entrepreneurs from both countries, seeking cooperation in trade and investment.