India and Laos have reaffirmed their commitment to strengthening bilateral trade and economic cooperation, with discussions focusing on expanding collaboration across key sectors and enhancing business engagement between the two countries.
During a meeting held in New Delhi on June 25, Suvidh Shah, Additional Director General of the Federation of Indian Export Organisations, met with Vithaya Xayavong, Ambassador of the Laos to India. Rahul Singh, Assistant Director at FIEO, also participated in the discussions.
The meeting centered on unlocking new opportunities to increase bilateral trade, which currently stands at approximately USD 100–120 million annually. Both sides identified several high-potential sectors for future collaboration, including pharmaceuticals, engineering goods, agricultural machinery, processed foods, and digital services.
Officials also discussed initiatives aimed at deepening commercial ties through trade delegations, business forums, B2B matchmaking programmes, investment partnerships, and greater exchange of trade opportunities between businesses in both countries.
The discussions highlighted Laos’ strategic geographical position as a gateway to the Mekong region and mainland Southeast Asia, offering significant opportunities for enhanced connectivity, logistics, infrastructure development, and integration into regional value chains.
The engagement reflects continued efforts by both nations to strengthen economic partnerships and create new avenues for exporters and investors, supporting broader regional trade and connectivity objectives.