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Sustainable Development and Trade: Strengthening EU-Lao PDR Cooperation through the EU-ASEAN Partnership

Author

Listed:
  • Phoomsavarth Mittarvanh

    (Department of Economics, Doctoral School of Public Administration Science, Ludovika University of Public Service, Budapest, Hungary)

Abstract

The collaboration between the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) serves as a prominent example of interregional cooperation. However, academic research assessing the European Union (EU) and the Lao People’s Democratic Republic (Lao PDR) cooperation remains limited, studies of trade and sustainable development outcomes have not been systematically examined. This study explores the EU-Lao PDR trade cooperation and sustainable development, analyses the challenges and opportunities, identifies the strategies that could strengthen bilateral relations. Through a comprehensive literature review and the analysis of statistical data to examine the dynamics of the collaboration. The research highlights a trade imbalance, with the EU consistently importing more from Lao PDR over the 2022-2025 period, while key challenges include regulatory compliance, and insufficient integration into global value chains. The study suggests that strengthening cooperation requires closer alignment between market access and support for competitiveness. By integrating policy analysis with statistical data, this study addresses a research gap regarding the impact of EU-ASEAN frameworks on trade and sustainable development in Lao PDR.

Suggested Citation

  • Phoomsavarth Mittarvanh, 2026. "Sustainable Development and Trade: Strengthening EU-Lao PDR Cooperation through the EU-ASEAN Partnership," Naše gospodarstvo/Our economy, Sciendo, vol. 72(2), pages 66-82.
    • Handle: RePEc:vrs:ngooec:v:72:y:2026:i:2:p:66-82:n:1006
    DOI: 10.2478/ngoe-2026-0012
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    Keywords

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    JEL classification:

    • F1 - International Economics - - Trade
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages

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