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Laos, India vow to deepen relations, cooperation
Publication Date : 10-09-2013
Laos and India yesterday pledged to deepen their relations and cooperation following discussions in Vientiane by a joint commission on bilateral cooperation.
Minister of Foreign Affairs and Chairman of the commission for Laos, Thongloun Sisoulith, and his Indian counterpart, Salman Khurshid, reached consensus after almost two hours of talks during the commission's seventh meeting, which took place at the foreign ministry.
The two ministers signed the minutes of the meeting, which mapped out ways to broaden the friendly relations and cooperation between Laos and India, the Lao fore ign
ministry said in a press release.
“Both sides insist they will do their utmost to work together to realise the decisions of the meeting, hoping to achieve concrete results and benefit their two peoples as much as possible,” the press release said.
On the same occasion, India's EXIM Bank provided a multi-million US dollar loan to finance development projects in Laos.
Officials from both sides signed three agreements, witnessed by Thongloun, who is also Deputy Prime Minister, and Khurshid.
One agreement on a dollar credit line worth US$30 million will finance irrigation development in four provinces. A second agreement was signed on an Amendatory Credit Line amounting to US$35.25 million for unspecified projects.
A third agreement on the construction of storage dams and the development of irrigation systems was also signed between the Lao government and an Indian company.
During their talks, the two ministers listed the achievements of both sides in carrying out cooperation frameworks agreed at the last meeting of the joint commission,
thanks to the hard work of the relevant sectors in Laos and India.
The two parties briefed each other on socio-economic developments in their respective countries. They also exchanged views on issues of mutual interest and pledged to
extend support and assistance to one another in the regional and international arenas, for the benefit of their two countries and peoples.
The two ministers congratulated each other on the growing bilateral relations and cooperation between Laos and India, which has accumulated over more than five decades
since the two countries established diplomatic relations on 2 February 1956.
Leaders of the two countries have maintained regular contact. In 2010, the then Indian President Pratibha Devisingh Patil paid a state visit to Laos.
In December last year, Prime Minister Thongsing Thammavong visited India when he attended the Asean-India Commemorative Summit in New Delhi, which was held to mark the
20th anniversary of the Asean-India dialogue partnership. These were two events among many.
According to the press release, Khurshid and his delegation also paid courtesy visits to President Choummaly Sayasone and Prime Minister Thongsing Thammavong.
India will host the next meeting of the joint commission in 2015.