2nd ASEAN-Russia Summit 2nd ASEAN-Russia Summit The Second Association of South East Asian Nations-Russia Summit is the second summit of ASEAN leaders and the leader from Russia. It was chaired by Vietnam on October 30, 2010. The ASEAN-Russian summit is a political and economic organization of ten countries located in Southeast Asia, which was formed on August 8, 1967, by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then, membership has expanded to include Brunei, Burma (Myanmar), Cambodia, Laos, and Vietnam. Its aims include the acceleration of economic growth, social progress, cultural development among its members, the protection of the peace and stability
Laos–Malaysia relations the two countries were very small with the valued at only US$2.4 million but increase to US$2.7 million in 2004. While in 2009, Malaysia's exported to Laos has reached US$7.4 million and the Malaysian investment in the country has reached US$150 million. Both countries also has signed various agreements to provide for the expanding of bilateral relations such as the Bilateral Trade Agreement, Tourism Agreement. Investment Guarantee Agreement, Air Services Agreement and the Economic, Scientific and Technical Cooperation Agreement. In 2010, Malaysia ranks ninth in the list of largest foreign investors in Laos. By 2015, Malaysia is the second largest