“The decision came on 15 June, during the meeting between Lao Prime Minister Sonexay Siphandone and Russian Prime Minister Mikhail Mishustin in Moscow, where both countries agreed on cooperation in the peaceful uses of nuclear energy.”
“The agreement forms part of broader efforts to support joint projects in energy, infrastructure, agriculture, and high-tech sectors.”
“Russian Economic Development Minister Maxim Reshetnikov said trade between the two countries nearly doubled last year, reaching almost USD 50 million. He added that Russia wants to sell more food products, fertilizers, and machinery to Laos, while buying more Lao textiles, natural rubber, and coffee.”
“He said Russia was ready to share expertise in the digital economy, autonomous electronic systems, and artificial intelligence as part of broader efforts to strengthen economic and technological ties.”
“Mishustin also encouraged Laos to make greater use of Russian digital trading platforms to access markets in Russia and the wider Eurasian Economic Union (EAEU), a regional economic bloc comprising Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan with a combined market of more than 180 million consumers.”