[{"bbox": [129, 193, 422, 220], "category": "Section-header", "text": "#### 4.3.3 Budget Support Details"}, {"bbox": [140, 235, 1103, 315], "category": "Text", "text": "Budget support is provided as direct untargeted budget support to the National Treasury. The crediting of the euro transfers disbursed into Lao kip will be undertaken at the appropriate exchange rates in line with the relevant provisions of the financing agreement."}, {"bbox": [129, 362, 784, 394], "category": "Section-header", "text": "### 4.4 Implementation Modalities for complementary support"}, {"bbox": [140, 421, 1133, 498], "category": "Text", "text": "The Commission will ensure that the EU appropriate rules and procedures for providing financing to third parties are respected, including review procedures, where appropriate, and compliance of the action with EU restrictive measures²⁸."}, {"bbox": [129, 568, 659, 596], "category": "Section-header", "text": "#### 4.4.1 Indirect Management with a pillar assessed entity"}, {"bbox": [140, 622, 1134, 704], "category": "Text", "text": "A part of this action may be implemented in indirect management with the Agence Luxembourgeoise pour la Coopération au développement (LuxDev). This implementation entails the management of the complementary support described in 3.2.2, for supporting TVET reforms and development."}, {"bbox": [140, 715, 757, 743], "category": "Text", "text": "The envisaged entity has been selected using the following criteria:"}, {"bbox": [177, 754, 1134, 805], "category": "List-item", "text": "i) Experience in grass-root level implementation, technical assistance and capacity building in TVET;"}, {"bbox": [177, 819, 1134, 871], "category": "List-item", "text": "ii) Recognised knowledge of public and private TVET services in Lao PDR and in the ASEAN countries;"}, {"bbox": [177, 884, 1134, 936], "category": "List-item", "text": "iii) Recognised knowledge of the labour markets demand in skilled manpower in the priority “green” sectors of Lao PDR."}, {"bbox": [140, 951, 463, 978], "category": "Text", "text": "As a cooperation agency, LuxDev:"}, {"bbox": [140, 989, 1134, 1097], "category": "Text", "text": "On i) it has worked for more than 10 years in supporting the skills development for the Tourism and Hospitality and Agriculture/Forestry sectors of the economy in Lao PDR and other countries of ASEAN. In achieving such a record, they have developed a close working proximity with the related technical departments of the MoES (DG TVET in particular) engaging into supporting TVET reform policies."}, {"bbox": [140, 1108, 1134, 1242], "category": "Text", "text": "On ii) it has supported the MoES in realigning the TVET streams to evolving labour market and skill needs and to equitably expand them. They have done so through the design, testing and rolling-out of skilled workforce development in key sectors of the economy, in particular Tourism and Hospitality and Agriculture and Forestry. This approach is well aligned with the EU interest linking Education equitable access (gender and ethnicity) and promotion, job creation, trade development and domestic sustainable economic growth."}, {"bbox": [140, 1253, 1134, 1360], "category": "Text", "text": "On iii) it has recently completed a scoping study which will provide key data and information on the skilled workers training needs in different sectors of activity particularly critical for the development of rural areas. Their respective contribution to the development of TVET has been continuously demand-driven focusing in priority on the employability (and resulting effective employment) of the TVET graduates²⁹."}, {"bbox": [140, 1372, 1134, 1506], "category": "Text", "text": "In addition, for the period of the action Luxembourg and Switzerland have programmed a 17 million euros funding for capacity building and TA in the tourism & hospitality sector with extended focus on agro-forestry sector and a strong emphasis on grass-root level action. Given the magnitude of EU, Luxembourg and Switzerland respective support, the proposed indirect management with an EU MS cooperation agency will ensure full complementarity and coherence, facilitate joint policy dialogue, ease transaction costs on the"}, {"bbox": [129, 1548, 1144, 1608], "category": "Footnote", "text": "²⁸ www.sanctionsmap.eu. Please note that the sanctions map is an IT tool for identifying the sanctions regimes. The source of the sanctions stems from legal acts published in the Official Journal (OJ). In case of discrepancy between the published legal acts and the updates on the website it is the OJ version that prevails."}, {"bbox": [129, 1607, 1144, 1647], "category": "Footnote", "text": "²⁹ E.g. SDC contributed through a ILO-executed National Rural Employment Strategy Project to important policies such as the adoption by the GoL of an official National Rural Employment Strategy (NRES)."}, {"bbox": [1027, 1680, 1144, 1706], "category": "Page-footer", "text": "Page 31 of 35"}]