11 September 2020. In February 2021, the Committee for Development Policy (CDP) will hold its triennial review of the LDC category. Lao PDR is one of the countries that, depending on its performance on the LDC criteria and other aspects of its development trends, including Covid-19 impacts, could be recommended for graduation from the category. Graduation is an important milestone in a country’s development but requires planning to ensure a smooth transition. Engaging with the relevant partners in this process is critical.
In this context, on September 8 the Lao PDR Ministry of Foreign Affairs and the UN Resident Coodinator’s Office in Lao PDR jointly organized the first of a planned series of virtual discussions on graduation. The purpose of the event was to brief the Government representatives on the background to the LDC category, the process of graduation, the current status of Lao PDR, and key issues identified through impact assessments that have been completed in support of the elaboration of a smooth transition strategy for Lao PDR. The event was attended by the Government representatives from the line ministries who are the members of the LDC Steering Committee, including Ministry of Planning and Investment, Ministry of Finance, Ministry of Industry and Commerce, Ministry of Agriculture and Forestry and Ministry of Education and Sports; by the UN Resident Coordinator; and by representatives of CDP Secretariat (UN Department of Economic and Social Affairs), the Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (OHRLLS), the United Nations Conference on Trade and Development (UNCTAD), and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
For more information:
- Information on LDC graduation on the CDP website
- Data for Lao PDR in the 2018 CDP triennial review
- Covid-19 and graduation from the LDC category – CDP statement in May 2020
- “Laos reaffirms commitment to LDC graduation despite challenges”, Vientiane Times, Thursday, September 10, www.vientianetimes.org.la