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Lao, EU discuss cooperation ties

The Ministry of Planning and Investment and the EU held the biannual Laos-EU cooperation working group yesterday, seeking to review ongoing bilateral cooperation, explore opportunities and confirm priorities for future cooperation.

The cooperation working group discussed the details of current and future mechanisms to support Laos' objective to graduate from the Least Developed Countries List by 2020.

Useful exchanges have notably allowed for assessing Laos' progress made on the Millennium Development Goals as well as the implementation of the 8th National Socio-Economic Development Plan 2016-2020 and its alignment to the Sustainable Development Goals.

On this occasion, Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury and the EU Ambassador, Mr Leo Faber announced their commitment to successfully implement three financing agreements providing 60.5 million euros towards food and nutrition security, governance and the rule of law, as well as reducing the impact of unexploded ordinance.

“As Laos moves towards graduation from the Least Developed Countries by 2020, we see our cooperation as instrumental to supporting Laos' efforts towards this graduation ambition.

This will mean focusing on key Sustainable Development Goals, notably on education and nutrition, and striving to reach the most remote areas as well as reaching the disadvantaged groups,” Mr Leo Faber said.

Dr Kikeo observed that “This year the EU and the Laos celebrate the 20th anniversary of the signing of the cooperation agreement and therefore I am pleased to support the successful implementation of these new financing agreements.”

The working group was also an occasion to share views on European Joint Programming, a mechanism of cooperation between the EU and its member states, along with Switzerland, which have adopted it together with the Lao government so as to deliver aid more effectively through a sound division of labour and close alignment wit h the 8th NSEDP's priorities.

Within this programme the EU has decided to focus on the three areas of nutrition, education and governance for the period from 2016-2020. In total the EU will allocate some 207 million euros for the period from 2014-2020.

All of the discussions provided for fruitful exchanges with important contributions coming from both sides.

 

By Times Reporters
(Latest Update
February 17,
2017)


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