Top row, left to right: Dr. Danucha Pichayanan, Deputy Secretary General, Office of the National Economic and Social Development Council (Thailand); Mr. Liu Weihua, Deputy Director General, Department of International Economic and Financial Cooperation, Ministry of Finance (PRC); Mr. Alfredo Perdiguero, Director, SERC, ADB. Middle row: Mr. Than Aung Kyaw, Director General, FERD, Ministry of Investment and Foreign Economic Relations (Myanmar). Bottom row, left to right: Ms. Sisomboun Ounavong, Director General, Department of International Cooperation, Ministry of Planning and Investment (Lao PDR); Dr. Pham Hoang Mai, Director General, Foreign Economic Relations Department, Ministry of Planning and Investment (Viet Nam); and H.E. Mr. Ros Seilava, Secretary of State, Ministry of Economy and Finance (Cambodia) 

GMS Senior Officials’ Meeting Reviews COVID-19 Response Initiatives and Prepares for Upcoming Events

A GMS Senior Officials Meeting (SOM) was held on 11 September 2020 via web-based conferencing to review (i) proposed key GMS strategic planning documents and knowledge products, which includes GMS COVID-19 response initiatives and the new long-term strategy for the GMS program, and (ii) preparations for upcoming GMS events—the 11th Economic Corridors Forum (ECF-11), the 24th GMS Ministerial Conference (MC-24), and the 7th GMS Summit (Summit-7).  

Events

Motorcycle tires being manufactured inside the Camel Rubber Vietnam Co. Ltd factory at the Lao Bao Commercial Area in Huong Hoa District, Quang Tri, Viet Nam. The tires produced by the company are sold locally and are also exported to Lao PDR, Cambodia, Thailand, European and South American countries, as well as to other countries in the ASEAN region. Photo by the Asian Development Bank.

ADB Promotes Trade and Cross-border Investment between SMEs in the GMS and India

The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.

Projects

Mekong Institute’s Capacity Building Activities Continue to Expand Knowledge in the GMS

In 2019, the Mekong Institute conducted 112 capacity building activities that benefitted 3,270 participants from the Greater Mekong Subregion (GMS) countries in the areas of agricultural commercialization, trade and investment facilitation, and innovation technology and communication. Furthermore, Mekong Institute alumni held 155 trainings and workshops, expanding knowledge sharing to an additional 9,031 beneficiaries across Cambodia, People’s Republic of China (PRC), Lao People’s Democratic Republic (PDR), Myanmar, Thailand, and Vietnam.

Events

Mekong Countries, Republic of Korea Convene 10th Foreign Ministers’ Meeting

The 10th Mekong-Republic of Korea (RoK) Foreign Ministers’ Meeting was held on 28 September online, with the participation of Cambodia, Lao PDR, Myanmar, Thailand, Vietnam, and the RoK. The meeting highlighted achievements in cooperation on infrastructure, information technology, education, agriculture, environmental protection, and water resources management, and adopted the action plan for 2021-2025.

GMS in the News

Lao PDR and Myanmar to Work on a New Cooperation Master Plan

The Lao People’s Democratic Republic (PDR) and Myanmar will explore opportunities to enhance tourism cooperation through bilateral and multilateral frameworks. This was agreed by the two countries at the 12th Meeting of Myanmar-Laos Joint Commission for Bilateral Cooperation held in Vientiane, Lao PDR on 6 March 2020. 

Lao PDR and Myanmar aim to create a new cooperation master plan. Tourism could help promote each other’s rich culture and heritage and bring their people together.  

News

Cambodia Plans Improvement of Thailand and Viet Nam Border Gate Facilities

A press release from the Royal Government of Cambodia’s Ministry of Economy and Finance announced plans to improve facilities at border gates with Thailand and Viet Nam.   

Cambodia’s border crossing points with Thailand and Vietnam are crowded with traffic of cross-border transport and tourists. The country wants to develop the necessary infrastructure to manage this traffic flow to ease cross-border transport and boost trade activities.

The Economic and Financial Policy Committee, chaired by Deputy Prime Minister Aun Pornmoniroth, approved the proposal. 

News

ASEAN Finance Ministers’ Meeting Highlights ADB’s Efforts in Establishing the ASEAN Catalytic Green Finance Facility

The 6th ASEAN Finance Ministers and Central Bank Governors’ Meeting held virtually on 2 October acknowledged ADB’s efforts in operationalizing the ASEAN Catalytic Green Finance Facility (ACGF) as a platform for ASEAN green infrastructure under the ASEAN Infrastructure Fund (AIF).

GMS in the News