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Laos economy: Landlocked location offers challenges, opportunities

Despite economic growth averaging almost eight percent per year over the past decade, Laos remains one of the Asia’s least developed countries. It is also ASEAN’s only landlocked country, sharing borders with Myanmar, Cambodia, Thailand, Vietnam and China. But while its snug geographic location presents plenty of challenges, there are opportunities as it tries to develop from being “land-locked” to “land-linked.” Rian Maelzer reports from the capital Vientiane.

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