Region:
South-east Asia
Capital:
Vientiane
Population:
6 068 117 (July
2004 est.)
Surface
area:
236 800
Currency:
kip
GDP
per capita:
$1 700 (2003
est.)
Historic
background:
Laos
was under the
control of Siam
(Thailand) from
the late 18th
century until
the late 19th
century when
it became part
of French Indochina.
The Franco-Siamese
Treaty of 1907
defined the current
Lao border with
Thailand. In
1975, the Communist
Pathet Lao took
control of the
government, ending
a six-century-old
monarchy. Initial
closer ties to
Vietnam and socialization
were replaced
with a gradual
return to private
enterprise, a
liberalization
of foreign investment
laws, and the
admission into
ASEAN in 1997.
Economy
– overview:
The
government of
Laos - one of
the few remaining
official Communist
states - began
decentralizing
control and encouraging
private enterprise
in 1986. The
results, starting
from an extremely
low base, were
striking - growth
averaged 7% in
1988-2001 except
during the short-lived
drop caused by
the Asian financial
crisis beginning
in 1997. Despite
this high growth
rate, Laos remains
a country with
a primitive infrastructure;
it has no railroads,
a rudimentary
road system,
and limited external
and internal
telecommunications.
Electricity is
available in
only a few urban
areas. Subsistence
agriculture accounts
for half of GDP
and provides
80% of total
employment. The
economy will
continue to benefit
from aid from
the IMF and other
international
sources and from
new foreign investment
in food processing
and mining.
United
Nations Membership
date:
14 December 1955
New
York Mission:
Permanent Mission
of the Lao People's
Democratic Republic
to the United
Nations, 317
East 51st Street,
New York, N.Y.
10022
Telephone: 212-832-2734/
0095
Fax: 212-750-0039
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