Yusen Logistics (Lao) Co., Ltd. ("YLLA"/President: Masahiro Takagi) and the Lao Coffee Association ("LCA") signed an official logistics partnership agreement on June 4 with the aim of contributing to the promotion of Lao Coffee export and the development of the Lao economy.
The LCA, which oversees coffee in Lao People's Democratic Republic, act as an active and lead body to promote Lao coffee and represent the Lao coffee stakeholders both on the national and international level. LCA has an office in Pakse and was founded by the Ministry of Commerce in 1994. The coffee industry in the country is under the control of the government, and the export of Lao coffee basically requires the permission of the organization.
We established YLLA in December 2018, which established our own networks in Thailand, Vietnam, Cambodia, and Myanmar, which surround Laos, and in the Mekong economic zones. One of the joint venture partners of the YLLA is a leading local coffee company Sinouk Coffee, which conducts organic cultivation on its own farms and operates a cafe chain in Lao PDR. Since its establishment, the company has strengthened its relationships with the local coffee industry.
Through this partnership with LCA, we will utilize our logistics expertise and our global network, including the Mekong economic zones, to support the export promotion of Laos coffee. In addition to providing logistics support, we expect to help expand demand for Laos coffee by working together with LCA to raise awareness of Laos coffee in the global market.
The signing ceremony