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Laos values cooperation with Luxembourg

Laos-Luxembourg development cooperation has been based on a responsive strategy that is fully aligned with the National Socio-Economic Development Plan in this least developed country.
Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury, relayed this statement on behalf of the government in his address at the 11th Bilateral Partnership Commission meeting between the government of the Lao PDR and the Grand Duchy of Luxembourg.
The meeting held in Luxembourg last week, attended by the Minister for Development Cooperation and Humanitarian Affairs of Luxembourg, Mr Romain Schneider, took stock of the implementation of the 4th Indicative Cooperation Programme (ICP 2016-2020) under the development cooperation between the two countries for the year 2017.

“The 4th ICP 2016-2020 is guided by a spirit of continuity of existing development cooperation,” Dr Kikeo said.
“The focus of Luxembourg’s development cooperation in Laos concentrates on poverty reduction through support for strengthening the economic and social sectors with a strong emphasis on health, vocational education and rural development,” he added.
The deputy minister said Luxembourg had been maintaining strong diplomatic relations and cooperation with Laos since 1997. Laos is included in the privilege group of priority countries for Luxembourg Official Development Assistance (ODA), and Luxembourg’s ODA to Laos has been steadily increasing year on year.
The fourth ICP 2016-2020 has a budget of 75 million euros and focuses on the priority sectors of health, rural development, vocational training in tourism and hospitality, and good governance.
Luxembourg is one of the most important development partners of Laos and plays a leading role in joint European Union programming and also co-chairs the sub-sector working group for rural development, according to a press release from the Ministry of Foreign Affairs.
During the policy dialogue, the two ministers discussed development cooperation, the diversification of relations, progress of Laos’ 8th National Socio-Economic Development Plan for 2016-2020, and Laos’ graduation from the list of Least Developed Countries.
The meeting indicated that under the 4th ICP a lot of progress had been made, with both sides having fulfilled their obligations and commitments.
Development cooperation had supported the implementation of socio-economic development in Laos through bilateral programmes, multilateral components executed by many United Nations agencies as well as regional cooperation, non-governmental organisations and humanitarian assistance.
Minister Schneider and Deputy Minister Kikeo also discussed the Business Partnership Facility and potential strengthening of trade and investment links between the two countries.
The deputy minister also talked about Laos’ priorities for graduation from Least Developed Country status, the midterm review of the 8th National Socio-Economic Development Plan, Visit Laos Year 2018, and the integration of the national plan for the implementation of the Sustainable Development Goals.

 

By Times Reporters
(Latest Update
March 28,
2018


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