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Belarus, Laos sign deals on development of cooperation

July 01, 2013, 17:03 UTC+3

The parties also agreed on inter-governmental documents to contribute to making and protecting investments

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MINSK, July 1 (Itar-Tass) - Belarus and Laos have signed agreements on the development of cooperation in different fields upon the completion of the talks between Belarusian President Alexander Lukashenko and Laos leader Choummaly Sayasone.

The parties signed an agreement on friendly relations and cooperation, as well as inter-governmental documents to contribute to making and protecting investments, to avoid double taxation, including deals on scientific and technical cooperation, and on educational contacts.

Summing up the results of the talks, Lukashenko said, “The signing of the agreement on friendly relations will give an impetus to mutual cooperation in all trends.”

The presidents of both countries also discussed measures to intensify trade and cooperation in machine-building, agriculture, the development of mineral resources, petroleum chemistry and pharmaceutics.

“Despite the fact that we have experience in certain spheres, one can say we’re only taking first steps. Much should be done to reach the high level in our relationship that Laos develops with other countries,” Lukashenko said.

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