Laos and Russia are exploring ways of increasing cooperation in business, investment and politics with particular attention being paid to the mining, hydropower, telecoms and education sectors.

Lao Deputy Minister of Foreign Affairs Mr Hiem Phommachanh met his Russian counterpart Mr Aleksey N. Borodavkin in Vientiane yesterday to discuss further enhancing the historical ties between the two countries.

The visit was planned through cooperation between the two ministries.

During the meeting, the two sides discussed their domestic political situation as well as socio-economic development.

The two deputy ministers reflected upon the traditionally excellent relationship between Laos and Russia and touched upon ways of increasing exchange visits by government officials.

It is hoped the meeting will provide a boost to trade, investment and tourism between the countries.

Mr Borodavkin congratulated the Lao government on the achievements of the last 35 years, during which time it has led the country through an extended period of political stability, security and peace.

Congratulations were also extended on the achievements of the Ninth Congress of the People's Revolutionary Party held in March, which saw the 7th Five-Year Socio-economic Development Plan approved.

The plan targets continued econ omic expansion to reach the UN Millennium Development Goals on poverty alleviation by 2015, which would see Laos removed from the UN's list of least deve loped countries by 2020.

The Russian deputy foreign minister also gave best wishes for the National Assembly general election, which takes place on April 30.

Mr Borodavkin recalled the celebrations held last year to mark the 50th anniversary of diplomatic relations between Laos and Russia, and commended Laos on its ambitious and positive moves on the regional and international stages.

Meanwhile, Mr Hiem congratulated the Russian Federation on the progress made in implementing its own modernisation strategy and also for increasing its role on the international stage.

Mr Hiem expressed satisfaction that the traditional cooperation between Laos and Russia has developed into a deep, steadfast, fruitful and continuous relationship.

This is Mr Borodavkin's first visit to Laos and is very meaningful as various documents will be prepared and signed.

On the second day of his visit, Mr Borodavkin will pay a courtesy visit to Lao Deputy Prime Minister and Minister of Foreign Affairs Dr Thongloun Sisoulith and Minister to the Presidential Palace Mr Phongsavath Boupha.

Mr Borodavkin's visit is taking place in an atmosphere of friendship and achievement.