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Laos, European Union make milestone in cooperation

Laos and the European Union (EU) have reached a new milestone in regards to bilateral ties, with the eighth meeting of the Joint Commission (JC) of Laos and the EU taking place in Vientiane last Friday to discuss further cooperation.

The meeting was co-presided over by the Ministry of Foreign Affairs's Department of Europe-America Affairs Director General, Mr Khuanta Phalivong, and Head of the Division of South Asia and Southeast Asia for the EU, Mr David Daly.

The Lao side highly valued the EU assistance to the country in targeting the Millennium Development Goals.

Last year, Laos and the EU signed documents on EU support to Laos such as the EU assistance of 15 million euros to Laos for implementing a basic education project for 2014/15, 19 million euros for a nutrition project, 5.5 million euros for governance reform, and 5 million euros for UXO clearance.

The two sides have discussed the assistance of the EU to Laos for 2016 to 2020 (joint programming 2016-2020) valued at some 162 million euros.

“The EU support to Laos will significantly contribute to the implementation of the eighth National Socio-Economic Development Plan, and the graduation of the country from the least developed countries list within 2020,” it stated in the press release from the Ministry of Foreign Affairs.

The success of the eighth meeting of the Joint Commission (JC) of Laos and the EU, which took place in Vientiane, was a milestone of expansion of the bilateral cooperation relations between the two sides in the future, according to the press release.

Laos and the EU are preparing to mark the 20 years since the signing of the bilateral cooperation agreement, which will also be a juristic platform for the JC meeting that is organised biannually rotated between the host countries.

The seventh meeting between Laos and the EU was also held in Vientiane last Saturday to discuss cooperation on trade, investment, and human rights.

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.

 

 

By Times Reporters
(Latest Update
February 20,
2017)


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