Natural resources, energy and environment
Laos is rich in hydropower, timber and
minerals such as iron ore, copper, coal, tin, gold,
precious stones and also plaster, zinc, nickel, silver,
lead and more. Since the turn of the millennium, the
extraction of mainly hydropower has increased
substantially.
The Lao State has entered into a series of agreements
with foreign companies on the exploitation of natural
resources. As a result, the mining industry has grown
sharply and now accounts for around one fifth of the
country's GDP.
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COUNTRYAAH:
Major exports by Laos with a full list of the top products exported by the country. Includes trade value in U.S. dollars and the percentage for each product category.
Laos is investing heavily in expanding hydropower in
order to export electricity. The country aims to become
"Asia's battery". In 2019, some 60 hydroelectric power
plants were in use and some 40 were being built.
Hydropower represents almost all electricity generation
in the country. Electricity is now one of Lao's most
important export goods. Most of the electricity is sold
to Thailand. Other buyers are Vietnam, Cambodia,
Malaysia and Myanmar.
The largest electricity producer was for a long time
the Nam Ngum hydroelectric plant north of Vientiane, but
in 2010 a significantly larger power plant was
commissioned in central Laos, Nam Theun 2. In 2012, Laos
launched a controversial major building in the Mekong
River, the Xayaburi Dam. The building was met by
protests from environmental activists as well as
neighboring countries Vietnam and Cambodia, partly
because it threatens the availability of fish, which are
basic food for many people along the river. The dam was
opened in 2019 and has mainly been financed with loans
from Thailand, where the electricity produced in the dam
is exported.
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Abbreviationfinder: A popular acronym site in the world covering abbreviation for each country. For example, LA stands for Laos.
The reverse of the rapid exploitation of Laos rivers
was made visible in July 2018 when a hydroelectric dam
burst into the Xe Pian River with more than 30 dead as a
result. Most died of the flood that washed over seven
villages downstream. Thousands of villagers lost their
homes. The day before the accident, a South Korean
company had warned of cracks in the dam.
Today, Lao's electricity grid is expanded in
virtually the entire country. In 1995, the network only
reached 15 percent of the country.
Almost half of Laos is covered by forest, compared to
almost three quarters just over 50 years ago. Timber is
one of the country's most important export products, but
too fast harvesting combined with widespread illegal
deforestation has led to land degradation, mainly in
northern Laos.
FACTS - ENERGY AND ENVIRONMENT
Carbon dioxide emissions in total
1 955 thousand tonnes (2014)
Carbon dioxide emissions per inhabitant
0.3 ton (2014)
The share of energy from renewable sources
59.3 percent (2015)
2016
September
President Obama visits Laos
September 8
As the first US president, Barack Obama visits Laos. He does so in
conjunction with the regional cooperation organization Asean holding a summit
there. Alongside the meeting, Obama pledges $ 90 million in aid to Laos over
three years, money to use to clear the undetected bombs that remain after the
1970s war. Obama says the United States has a "moral obligation" to help Laos
heal the wounds after the war. The amount is relatively large, with the United
States contributing a total of $ 100 million over the past 20 years to Lao's
recovery.
April
New political leadership, the same policy
April 19
The National Assembly formally appoints a new president, a new prime minister
and a new party chairman, who take up their positions. President and party
chairman becomes Vice President Bounnhang Vorachith while Prime Minister goes to
Thongloun Sisoulith, Soviet-trained Politburo member and former Foreign
Minister. The change of leader troika is not expected to entail any political
course change.
Elections are held for the National Assembly
April 4th
When new members are elected to the National Assembly, turnout is set at 98
percent.
January
US Secretary of State visits Laos
January 25
US Secretary of State John Kerry visits Laos to talk, among other things,
about the problem of the many undetected US bombs remaining in Laotian land
since the Vietnam War in the 1970s. Kerry also speaks with Lao's state
leadership about China's growing influence in Southeast Asia.
Two Chinese dead in suspected bombing
January 24th
Two Chinese nationals are killed and another injured in an explosion in
central Laos, state Chinese news agency Xinhua said. Chinese diplomats suspect
it is a bomb attack and require an investigation. Chinese authorities state that
the three victims are in Laos to work. The deed is carried out while US
Secretary of State John Kerry arrives in Laos.
The state leadership is about to be replaced
January 22
The Communist Party holds a congress for four days to appoint new members of
the Politburo and the Central Committee (see Political system). The congress
lays the foundation for a shift in state leadership, as both the president and
the prime minister as well as the party's secretary general do not stand for
re-election. Vice President Bounnhang Vorachith is elected new Secretary
General.
Outbreaks of polio lead to an emergency permit
January 21st
The government faces an emergency permit for six months due to a polio
outbreak, the Vietnamese news agency reports. At least five people have died in
the outbreak, which is the first in Laos in 15 years.
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