10th CLMV Summit Sets Future Direction of Cooperation
The 10th CLMV Summit emphasized enhancing effective connectivity for regional integration. Photo by VNA.
The 10th Cambodia, Lao PDR, Myanmar, Vietnam (CLMV) Summit, held on 9 December, emphasized enhancing effective connectivity for regional integration. CLMV leaders stressed the importance of the CLMV Action Plan (2021-2022), which sets clear directions in trade and investment cooperation, human resources development, implementation of regional commitments, coronavirus disease (COVID-19) recovery, and a framework for transforming the subregion into an Advanced Global Business Hub.
The leaders also reviewed progress made and challenges encountered during the implementation of the CLMV Action Plan (2019-2020), which focused on harmonizing national development efforts and promoting regional integration. Cambodia Prime Minister Hun Sen noted the need to enhance policy coordination among CLMV countries to boost cross-border trade by simplifying cross-border procedures for customs clearance.
CLMV leaders emphasized the effective implementation of the Master Plan on ASEAN Connectivity 2025. The Master Plan highlights infrastructure, institutional, economic, and people-to-people connectivity.
The GMS Program, which include CLMV member countries, though the GMS Cross-Border Transport Facilitation Agreement supports the goal of the ASEAN Economic Community in 2015 to develop a single market and production base where goods, services, investment, capital, and skilled labor flow freely.
Last Updated: 21 November 2020