Trade Between Russia & Laos Since 2013 Exceeds $90Mln: Laotian PM
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Laotian Prime Minister Sonexay Siphandone announced on Thursday that bilateral trade between Laos and Russia has surpassed $90 million since 2013.
"From 2013 to the present, our total trade volume has exceeded $90 million, while the trade exchange in 2024 has surpassed $5.8 million — this marks an increase of approximately 50.5% compared to the previous year," the prime minister said during the Russia-Laos business dialogue at the Eastern Economic Forum (EEF).
Laos mostly purchases mechanical equipment, aircraft spare parts, plastic, nuclear industry-related products, and vehicles from Russia, the prime minister said, adding that Russia, in turn, purchases aircraft spare parts, footwear, clothing, coffee, tea, and wood processing items.
The 10th edition of the Eastern Economic Forum (EEF) is taking place in Russia's Vladivostok from September 3-6. Sputnik is the general media partner of the forum.
