9:19 PM, 05/12/2011

VN to negotiate with WB on credit for CCDPO Vol. 1

VGP – PM agreed to set up a delegation responsible for negotiating with the World Bank (WB) on a credit agreement and related legal documents of the Climate Change Development Policy Credit Project Vol. 1 (CCDPO Vol. 1).

The negotiation delegation includes representatives from the Office of Government, the State President’s Office, the Ministry of Natural Resources and Environment (MONRE), the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Foreign Affairs, the Ministry of Justice, the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade and the State Bank of Việt Nam (SBV).

The PM authorized Deputy Director of the SBV’s International Cooperation Department Đoàn Hoài Anh to head the delegation.

The SBV will cooperate with the MONRE and other relevant agencies to make necessary preparations for negotiation and report the outcomes to the PM.

Earlier, the PM ratified the CCDPO Vol. 1 funded by the WB for the Support Program to Respond to Climate Change (SP-RCC).

Thùy Dung

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