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The country also adopted a new investment code intended to attract foreign capital.
The Tunisian government adopted a unified investment code in 1993 to attract foreign capital.
In addition, a liberalized foreign investment code went into effect last year.
Since 1988, business freedom appears to have known no limits, and a new foreign investment code was adopted to make Laos attractive to investors.
A liberal foreign investment code was enacted and appears to be slowly making a positive impact in the market.
And despite the changes in the investment code, some other important questions remain unresolved.
The government revised the private investment code in 1998 to stimulate economic activity in the spirit of free enterprise.
The next step would be a hemispheric investment code.
Governments believe that an investment code is enough.
"The new investment code unlocked the door - it did not open it," he said.