(KPL) Lao and Chinese governments have
unanimously agreed to sign the 5th minute on further enhancement of bilateral
economic and trade cooperation ties.
The minute of the 5th Meeting of Economic,
Trade and Technical Cooperation Commissions was signed in Vientiane Capital,
yesterday by Deputy Prime Minister Somsavat Lengsavad and Minister of Trade of
China, Mr Chen Jian.
The 5th Meeting of Economic, Trade and
Technical Cooperation Commissions closed at the same day with a great result.
The 5th meeting of two commissions of Economic, Trade and Technical Cooperation
between Laos and China has been held at the atmosphere of the auspicious year
of friendship and cooperation between Laos and China is being grown constantly
since the top leaders of two countries have agreed to raise the existing
bilateral relationship between Laos and China to “all-around strategic cooperative partnership” in 2009.
It was also in coincide with the two countries
are on the celebration of 50th anniversary of founding of diplomatic relations
with full context and in-depth meaning.
The cooperation on economic, trade and
technical agreement between two countries have been grown and become into
practice and highest satisfactory effect, especially trade and investment.
Two sides have reached agreements on bilateral
economy, trade and technique between Laos and China including the grant aid of
150 million yuan for the construction of International Convention Centre for
ASEM, 50 million yuan of interest-free loan for Laos, a special loan for the
construction of police headquartre of the Ministry of Public Security, repair
of Lao National Culture Hall.
Four agreements were signed by Vice President
of Laos-China Cooperation Commission, Mr. Vichit Sindavong and Chinese
Ambassador to the Lao PDR, Mrs Pou Jianqua.
The loan agreement was inked by Deputy
Minister of Finance, Dr. Viengthong Siphandone and Deputy President of Exim
Bank of China, Mr. Soun Phing.
At the same day, Chinese delegation also paid
a courtesy visit to Prime Minister Thonsing Thammavong and Minister of Public
Works and Transport, Mr. Sommat Pholsena.
This was a successful meeting contributing to
the existing friendship, relations and comprehensive cooperation and
development between Laos and China.
The 6th meeting of economic, trade and technical
commissions between Laos and China will be held in China 2014.
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