Viet Nam lauds IFAD’s decision to set up rep. office

16/01/2008 -- 9:41 PM

Ha Noi (VNA) – A leading government official has applauded the International Fund for Agricultural Development (IFAD)’s decision to set up a representative office in Viet Nam , saying that the establishment would help make bilateral cooperation more efficient. Deputy Prime Minister Nguyen Sinh Hung made the remark in Ha Noi on January 16 while meeting with the visiting IFAD President Lennart Bage. Deputy PM Hung thanked the UN in general and the IFAD in particular for their assistance to Viet Nam ’s efforts in poverty reduction and socio-economic development. He said Viet Nam would make full use of the benefits brought by IFAD-funded projects as well as international organisations’supports to improve living standards for local people. Lennart spoke highly of the achievements made by the Southeast Asian country in the improvement of living conditions, particularly for those in poor rural areas. He said Viet Nam was a good example in carrying out development activities. After the meeting, in the witness of Deputy PM Hung, Lennart signed an agreement with a representative from the Ministry of Foreign Affairs to establish an IFAD office in Viet Nam . Agreements on a non-refundable aid of 300,000 USD for Viet Nam’s rural development strategy and a 35 million USD business development programme for poor rural people in the Mekong Delta province of Ben Tre and the northern mountainous province of Cao Bang were also signed by the IFAD president and representatives from the Ministries of Agriculture and Rural Development and the Ministry of Finance.-Enditem
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