Laos trade Sept 10


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LAOS
Trade
September 10, 2007
Laos to diversify garment export markets
Laos should seek new garment export markets, and strengthen the promotion of local products abroad, according to Laos' newspaper Vientiane Times on Monday.

"Niche markets and products are needed if the Lao garment industry envisions survival in the future ... potential new markets for Lao garments may be found in the United States and Asia. Japan may possibly offer a high potential niche market," said the newspaper.

The newspaper listed some facts that Lao garment and textile companies will face stronger competition in its key garment export markets. Xinhua reports

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