According to a report released by the Lao Ministry of Finance on May 21, the Customs Department under the ministry is hosting the 75th meeting of the Working Group on Technical Matters for the ASW from May 19 to 22 to further facilitate regional trade and modernize customs procedures.

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Thuong Phuoc International Border Gate in Dong Thap Province links the province with Cambodia’s Prey Veng, facilitating growing bilateral trade. (Photo for illustration: laodong.vn)

The meeting has brought together representatives from member states to discuss the development and integration of the ASW system, which is intended to support faster and more efficient cross-border trade through electronic information exchange.

Participants highlighted the importance of the ASW in promoting regional economic integration, improving customs efficiency, reducing paperwork barriers and simplifying cross-border trade procedures among ASEAN countries.

Source: VNA