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Lao PM visits, co-chairs inter-governmental committee meeting

Lao PM visits, co-chairs inter-governmental committee meeting in Vietnam

Lao Prime Minister Thongloun Sisoulith is leading a delegation to Vietnam for a visit and to co-chair the 42nd meeting of the Vietnam – Laos Inter-Governmental Committee from January 2-4 at the invitation of his counterpart Nguyen Xuan Phuc.
Lao PM visits, co-chairs inter-governmental committee meeting in Vietnam ảnh 1Lao Prime Minister Thongloun Sisoulith (Photo: VNA)
Hanoi (VNA) – Lao Prime Minister ThonglounSisoulith is leading a delegation to Vietnam for a visit and to co-chair the 42nd meeting of the Vietnam – Laos Inter-Governmental Committee from January 2-4 atthe invitation of his counterpart Nguyen Xuan Phuc.

The organisation of the meeting aims to affirm the prioritythat the two countries gives to incessantly developing their great friendship,special solidarity and comprehensive partnership. The meeting will also strengthenpolitical trust between the two countries and create a channel for directingthe implementation of high-level agreements.

Vietnam and Laos boast along-standing special solidarity and faithful relationship nurtured by latePresidents Ho Chi Minh, Kaysone Phomvihane and Souphanouvong, and generationsof the two countries’ leaders and people.

Over the past years, the two sides have beenunceasingly consolidating and developing the great friendship, specialsolidarity and comprehensive cooperation between the two Parties, States andpeoples, considering these as important factors of the success of eachcountry’s national development and defence.

Bilateral political and diplomatic ties havecontinued to be reinforced, as seen through mutual visits at all levels. By theend of August, the countries had exchanged more than 120 delegations, about 60of which were at the deputy ministerial or higher levels. Both sidessuccessfully organised the 41st meeting of the inter-governmental committeeco-chaired by the two prime ministers.

Cooperation in defence, security and diplomacyhas continued to record new development. The two countries have activelyimplemented the five-year cooperation protocol and annual defence – securitycooperation plans, helping to ensure political stability, security and socialorder and safety in each nation. They have also effectively carried out theagreement on border regulations and the one on settling irregular migration andundocumented marriage in their border areas.

The countries have alsocoordinated closely and supported each other at regional and internationalforums. They have further enhanced cooperation with each other and other ASEANmembers in building the ASEAN Community and maintaining the bloc’s solidarityand consensus in the strategic issues of the region, including the East Seaissue.

Laos strongly supported Vietnam’s bid for anon-permanent seat in the UN Security Council and holding of the ASEAN Chairmanshipin 2020.

Both have coordinated closely with othernations and relevant international organisations to manage and use the MekongRiver’s water resources in a sustainable and effective manner.

Vietnam and Laos have witnessed robust cooperationin economy, culture, education-training and science-technique in the pastyears.

Despite global economic downturn, theyattained 940 million USD in two-way trade during January-October of 2019, andthe figure is projected to top 1.1 – 1.2 billion USD for the whole year,surpassing the set target of 1 billion USD.

Vietnam remains the third largest foreigninvestor in Laos. Vietnamese businesses have to date invested 4.22 billion USDin 413 projects in Laos, mainly in hydropower, mining, services, agricultureand telecom.

Besides, Vietnam provides 3.25 trillion VND(140 million USD) in non-refundable aid for Laos each year during 2016-2020.From the outset of 2019, Vietnam sent 300 tonnes of rice seedlings to Laofarmers to recover production after natural disasters./.

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