Study on the Laos's Foreign Investment Law

Abstract

Laos is a backward country in central south peninsula of Asia.Laos especially focuses on on the use of foreign capital to promote domestic economic development in recent years.There have been also great changes in legislative ideas.She has enacted and improved the foreign investment law.She has formed a more systematic foreign investment law with the mineral law as the main body.At present,the legal policy environment of foreign investment in Laos has been greatly improved.Investment procedures become more simplified,safeguards,incentive policies and disputes settlement mechanism have been improved.