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Thailand Trade Sept 20

Thailand
Trade
September 20, 2007
Beer Lao delays export to Thailand
Lao Brewery Co's plans to flood Thailand with its popular Beer Lao next year have been put on hold until 2011, a senior executive said Thursday.
Lao Brewery, one of little Laos' biggest companies, has invested 25 million dollars in an expansion project in southern Laos aimed at exploiting the export market, specifically neighbouring Thailand, under the ASEAN Free Trade Agreement, which goes into effect in 2008 for the 10-country Association of South-East Asian Nations.
But the government of Laos and Thailand recently decided that beer was too sensitive a product to be tariff-free in their respective markets.  Full story on BangkokPost

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