Laos, Luxembourg ink 50M EUR cooperation deal

Dr Sinlavong Khoutphaythoune (right) shakes hands with Ms Marie-Josée Jacobs

after signing the Indicative Cooperation Programme agreement.

The governments of Laos and Luxembourg yesterday signed a cooperation agreement for the next five years (2011-2015) amounting to 50 million EUR – up from 35 million EUR for the 2007- 2010 agreement.

Minister of Planning and Investment Dr Sinlavong Khoutphaythoune, representing the Lao government, signed the third Indicative Cooperation Programme (ICP) agreement with the Minister for Development Cooperation and Humanitarian Affairs of Luxembourg, Ms Marie-Josée Jacobs.

The 50 million EUR grant from the Luxembourg government will support programmes including rural development in Borikhamxay and... Read more...

Article by Souksakhone Vaenkeo, Saturday March 5, 2011 - Vientiane Times