The Vientiane Partnership Declaration [ENG, [LAO] will help ensure that all funds, efforts and knowledge for development bring about the maximum possible impact, to 2025 and beyond. The Vientiane Partnership Declaration includes commitments to:
The Declaration highlights the ‘catalytic’ role of Official Development Assistance or traditional ‘aid,’ and places strong emphasis on boosting taxes and other domestic revenues, increasing cooperation with developing countries, increasing knowledge and technology transfer and closer work with business and civil society.
The Declaration is guided by globally agreed principles of effective development cooperation. These include host government ownership of development priorities and plans, a focus on results, inclusive partnerships and transparency and accountability to one another.
The Vientiane Partnership Declaration was signed at the 12th High Level Round Table Meeting on 27 November 2015 in Vientiane.