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Laos aims to import Saudi oil Negotiating with Prince Faisal exchange agricultural products
Laos is still trying to provide enough fuel to meetSLOTXOthe domestic demand. Recently negotiated for import Saudi oil
On July 28, 2022, Xinhua news agency reported in the July 27 issue of the Vientiane Times newspaper that the Lao government is considering importing fuel from Saudi Arabia and exporting agricultural products to Saudi Arabia.
these issues Lao Ministry of Foreign Affairs said Raised up to discuss while Salemxay Komasid, Deputy Prime Minister and Minister of Foreign Affairs of Laos Join the video talks with Prince Faisal bin Fahhan Al Saud, Minister of Foreign Affairs of Saudi Arabia. On Thursday, July 21
Prince Faisal's visit to Laos, March 2022 / laotiantimes
Salomxay also praised the growing friendship and cooperation between Laos and Saudi Arabia. Both sides agreed to support each other on both regional and international arenas.
While the two ministers intend to strengthen economic ties and expand trade and investment cooperation. They also discussed the possibility of selling fuel from Saudi Arabia to Laos. and exporting Lao agricultural products to Saudi Arabia
Lao government pledges to ensure adequate fuel supply to meet the needs of the people and stimulate economic growth after facing fuel shortages across the country in May and June This resulted in a widespread economic halt.
As for the shortage of fuel in Laos, earlier reports from the Laotian Times news website said that the Prime Minister's Office of Lao PDR signed a letter on May 6, 2022, seeking to buy cheap gasoline from Russia. according to the measures to maintain the stability of oil prices In a situation where oil prices have risen
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