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Deputy PM builds ties on Laos visit

Update: December, 10/2014 - 09:55

VIENTIANE (VNS) — Deputy Prime Minister Nguyen Xuan Phuc is paying a working visit to Laos from December 9-10 at the invitation of his Lao counterpart Somsavat Lengsavad.

He met with Lao Prime Minister Thongsing Thammavong yesterday, and said Viet Nam treasured and gave the highest priority to consolidating and developing the Viet Nam-Laos traditional friendship, special solidarity and comprehensive co-operation.

Appreciating the outcomes of bilateral collaboration in all fields, he said Viet Nam's wanted to work with Laos to increase co-operation, especially in economy, trade, investment and education-training.

The Vietnamese official also asked for Laos's support at regional and international forums and for Viet Nam's stance on the East Sea issue.

The Lao leader expressed his delight at the rapid growth of two-way trade and said Viet Nam was one of his country's leading investor with commitments to increase official development assistance (ODA) by 30 per cent for Laos in 2015.

He also agreed to intensify collaboration in joint projects on transport and energy.

Regarding the East Sea issue, PM Thongsing Thammavong reiterated Laos's stand of calling for concerned parties to solve disputes by peaceful means in respect of international law and the Declaration of the Conduct of Parties in the East Sea, while working towards the conclusion of a Code of Conduct in the East Sea.

On the same day, the Vietnamese Deputy PM held talks with his Lao counterpart, during which they reviewed the implementation of several co-operation agreements.

The two sides noted with pleasure that visits and meetings by high-ranking delegations were organised regularly while co-operation in economy, trade, investment, education, culture and science-technology had seen positive progress.

In the first 10 months of 2014, two-way trade hit over US$1 billion, up 34.5 per cent against the same period last year.

Viet Nam remained one of the biggest investors in Laos with a total registered capital of about $5 billion, of which $1 billion was disbursed.

The two Deputy PMs spoke highly of the implementation of a master plan to increase and upgrade border markers and a government-level agreement to address illegal migration and illegitimate marriages in border areas.

They agreed to officially implement a one stop shop model at the Lao Bao-Densavan international border gate from January 1, 2015.

They also discussed and agreed on measures to prepare for the upcoming 37th meeting of the inter-governmental committee, with a focus on speeding up key transport and energy projects and increasing the efficiency of Viet Nam's investment projects in Laos and co-operation in education-training, security, defence, banking, telecommunications and farm produce processing.

The two officials reached a consensus on accelerating negotiations on a new trade agreement between the countries and working with each other to effectively carry out a co-operation strategy in Laos's Houaphan and Xiengkhouang provinces. — VNS

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