Laos Interesting Facts

laos interesting facts="laos interesting facts"
What are some interesting facts about Laos?

Laos border countries: Burma 235 km, Cambodia 541 km, China 423 km, Thailand 1,754 km, Vietnam 2,130 km.

Modern-day Laos has its roots in the ancient Lao kingdom of Lan Xang, established in the 14th Century under King FA NGUM. For three hundred years Lan Xang included large parts of present-day Cambodia and Thailand, as well as all of what is now Laos. After centuries of gradual decline, Laos came 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 and instituting a strict socialist regime closely aligned to Vietnam. A gradual return to private enterprise and the liberalization of foreign investment laws began in 1986. Laos became a member of ASEAN in 1997.

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 6% in 1988-2004 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, though the government is sponsoring major improvements in the road system with possible support from Japan. Electricity is available in only a few urban areas. Subsistence agriculture, dominated by rice, accounts for about half of GDP and provides 80% of total employment. The economy will continue to benefit from aid by the IMF and other international sources and from new foreign investment in food processing and mining. Construction will be another strong economic driver, especially as hydroelectric dam and road projects gain steam. In late 2004, Laos gained Normal Trade Relations status with the US, allowing Laos-based producers to face lower tariffs on exports. This new status may help spur growth. In addition, the European Union has agreed to provide $1 million to the Lao Government for technical assistance in preparations for WTO membership. If the avian flu worsens and spreads in the region, however, prospects for tourism could dim.

Laos is one of the world's least developed countries; the Lao People's Armed Forces are small, poorly funded, and ineffectively resourced; there is little political will to allocate sparse funding to the military, and the armed forces' gradual degradation is likely to continue; the massive drug production and trafficking industry centered in the Golden Triangle makes Laos an important narcotics transit country, and armed Wa and Chinese smugglers are active on the Lao-Burma border.

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laos interesting facts