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Thursday, December 12, 2024
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Lao, US Organisations Ink Deal on Joint Development Project

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The Office of the Lao Front for National Construction and the Centre for Lao-American International Development will work jointly to improve education, health and labour skills after signing a Memorandum of Understanding (MoU) on cooperation.

The two parties also agreed to exchange information and promote goods production in a bid to reduce poverty among communities in remote areas who have few opportunities.

The MoU was signed yesterday by the Head of Office of the Lao Front for National Construction, Mr Khanonglith Sisomboun, and President of the Centre for Lao-American International Development, Mr Chageyang.

The agreement is the basis of the two parties’ partnership in drawing up the Master Plan for Cooperation.

Under the agreement, the two parties will appoint a Steering Committee comprising personnel from both organisations, which will draft and conclude the master plan and projects.

The two parties agreed that the Coordination Office would manage the implementation of the master plan and projects. The coordination office or representative office of the Centre for Lao-American International Development in Laos will recruit voluntary staff as appropriate.

The Office of the Lao Front for National Construction will coordinate with the Lao agencies concerned to organise the coordination office.

After the completion of the Master Plan, all assets, materials, equipment, vehicles and other items will be handed over to the Office of the Lao Front for National Construction.

This office will be in charge of processing immigration documents for overseas personnel involved in the projects.

It will facilitate residential and work permits and arrange for the exemption of import duty on equipment needed to implement the Master Plan, including by Steering Committee members and volunteers from the Centre for Lao-American International Development. The office will also arrange for the exemption of taxes and duty on all materials, equipment and vehicles need for the implementation of the Master Plan.

The Lao Front for National Construction is a political body that is charged with unifying and educating Lao people of all ethnic groups, classes, religions, and ages, as well as Lao expatriates, aiming to create a unified force to carry out the task of national protection and development.

The Centre for Lao-American International Development is a non-profit social organisation, established for the purposes of charity, education and science. It is eligible for tax and customs duty exemption under the United States’ internal revenue law.

 

Source: Vientiane Times

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