Laos, Russia Enhance Cooperation | Lao Tribune

Laos, Russia Enhance Cooperation

Minister of Foreign Affairs Saleumxay Kommasith paid an official visit to the Russian Federation from Jun 15-17 in response to an invitation from his Russian counterpart Sergey Lavrov.

The visit is the first since Mr Saleumxay took his post in Apr 2016.

At a bilateral meeting that took place in Moscow on Jun 16, the two ministers highly valued the longstanding friendship and sound cooperation between the two countries, which is based on mutual trust, mutual assistance and win-win and strategic partnership.

Both sides noted the constant exchange of visits, especially in parliamentary and national defense areas.

Both sides also expressed their commitment to enhancing the sound relationship to ensure it is more fruitful and to lift relations to a higher level by promoting visit exchanges at all levels and in all sectors in line with agreements signed by the leaders of the two countries.

They agreed to continue to promote cooperation in economy and trade, investment, energy, education, science and technology, tourism and telecommunications, among others.

Laos and Russia recorded a bilateral trade of US$ 16.3 million in 2016, and Russia is ranked the 22nd largest foreign investor in Laos with over 20 projects worth more than US$ 52 million invested by Russian investors, mostly in energy, mining, and telecommunications.

“Today, we have a good opportunity to discuss the current state of our bilateral relations as a follow-up of the agreements reached by our leaders,” Mr Lavrov noted. “We are also interested in exchanging views on how relations between Russia and ASEAN evolve in line with the agreements reached at the summit in Sochi a year ago,” Russian minister Sergey Lavrov was quoted as saying by TASS, a Russian News Agency.

The Russian minister also noted the active role of the Lao PDR as the coordinator of the Russia-ASEAN dialogue partnership.

This year marks the 57th anniversary of diplomatic ties between Laos and Russia (Oct 7, 1960-2017).

Source: Lao News Agency