Sweden, Vietnam Sign Development Cooperation Agreement 2009 – 2011
A new Agreement on Development Cooperation between Sweden and Vietnam was signed in Hanoi on October 6 by the Director General of the Swedish International Development Agency- Sida, Mr Anders Nordström and the Vice Minister of Planning and Investment Mr Cao Viet Sinh.
The agreement aims to promote enhanced democratic governance and increased respect for human rights, and to promote environmentally sustainable development in Vietnam.
Under the framework of the Agreement, the existing regular development cooperation with Vietnam will be phased out during 2009 – 2013.
Sweden shall keep available at least two hundred and fifty million Swedish kronor for development cooperation between Sweden and Vietnam during the period 1 January 2009 - 31 December 2011.
Le Vuong
Vietnamese
