LAO PEOPLE’S DEMOCRATIC REPUBLIC

NATIONAL ROUND TABLE PROCESS

The Vientiane Partnership Declaration

The ‘Vientiane Partnership Declaration will help ensure all funds, time and knowledge for development in Lao PDR bring about the maximum possible impact.

The Declaration was endorsed by the Government of Lao PDR and a range of the country’s development partners at the 12th High Level Round Table meeting on 27th November 2015. It will guide development cooperation in Lao PDR to 2025.

The Vientiane Partnership Declaration includes commitments to: 

  • bolster the role of the national assembly and local administration in development planning;
  • increase the fight against corruption, tax evasion and other illicit flows,
  • increase engagement with other developing countries in the national Round Table Process; 
  • develop an inclusive financial sector; 
  • help private business align it’s actions with public aims to encourage more public and private partnerships for development; and, 
  • create new networks for knowledge exchange and green technology transfer. 

It commits the government and all partners to produce an action plan for implementation, with sufficient resources, by September 2016, and builds on a 2005 agreement on aid effectiveness.

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 in Vientiane

The Vientiane Partnership Declaration was signed at the 12th High Level Round Table Meeting on 27 November in Vientiane

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