On August 12, Governor of the People’s Bank of China Mr. Yi Gang met with the Governor of the bank of Lao PDR (hereinafter referred to as the “Lao Central Bank”)Mr. Sonexay Sitphaxay, and the two sides exchanged views on bilateral financial cooperation between China and Laos.
During the meeting, Governor Sonexay Sitphaxay presented the Friendship Medal to the People’s Bank on behalf of the Lao Government to express his gratitude to the People’s Bank of China for promoting the financial cooperation between China and Laos. This is the first time that the Lao Central Bank has issued such medals to Chinese institutions.
Governor Yi Gang said that he was honored to accept this heavy medal on behalf of the People’s Bank of China. This is a symbol of the evergreen friendship between China and Laos. The meaning is unusual.