The Joint Declaration adopted at the 11th CLV Summit provides a foundation for the socio-economic development plan until 2030. Photo by VNA.

11th CLV Summit Commits to Strengthen Development Triangle Area

Cambodia, Lao PDR, and Viet Nam (CLV) Leaders expressed their firm commitment to strengthen the CLV Development Triangle Area (DTA) in order to accelerate economic growth, alleviate poverty, and promote socio-cultural progress in the subregion. At the 11th CLV Summit held online on 9 December, they adopted a Joint Declaration that provides a foundation for the subregion’s socio-economic development plan until 2030 and the Tourism Development Plan. They also adopted the Development Plan for Sustainable Rubber Industry.  

GMS in the News

Khamking Koemany is a homestay provider on Don Khon Island, one of the popular sites for tourists visiting the Four Thousand Islands group on the Mekong River in Champasack Province. His business has flourished since he received training in tourism services under the GMS Sustainable Tourism Development Project. Photo: ADB.

Lao PDR and the Greater Mekong Subregion: Expanding Opportunities for Growth

Blessed with rich natural resources and a strategic location at the heart of the Greater Mekong Subregion, the Lao People’s Democratic Republic has emerged from decades of turmoil and isolation to become one of the fastest growing economies in Southeast Asia since 2011.

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