ADB-supported Event Promotes Cross-border Trade between India and GMS Countries

Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.

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14th Mekong-Japan Foreign Ministers’ Meeting Proposes Joint Working Group on Economic Recovery

The 14th Mekong-Japan Foreign Ministers’ Meeting was held on 6 August 2021 chaired by Mr. Motegi Toshimitsu, Minister for Foreign Affairs of Japan, and attended by Foreign Ministers of the Mekong subregion. The meeting underscored that Japan will (i) continuously support mutual development through the Mekong-Japan cooperation framework, and (ii) help Mekong countries overcome the fight against COVID-19.

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Meeting photo via Khmer Times

11th Mekong-Ganga Cooperation Foreign Ministers’ Meeting Plans Post-Pandemic Knowledge Sharing

The 11th Mekong-Ganga Cooperation (MGC) Foreign Ministers’ Meeting was held on 21 July 2021, co-chaired by Mr. Prak Sokhonn, Cambodia Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, and Dr. Subrahmanyam Jaishankar, India Minister of External Affairs. The meeting noted the progress in the MGC Plan of Action 2019-2022 implementation.

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Meeting photo via Viet Nam Plus

Second Mekong-U.S. Partnership Ministerial Meeting Underscores U.S. Commitment to the Subregion

The second Mekong-U.S. Partnership Ministerial Meeting held on 2 August 2021 unveiled four flagship projects under the Mekong-U.S. Partnership, and noted the 8.5 million vaccine doses and over $58 million in U.S. COVID-19 assistance to the Mekong subregion countries.

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Viet Nam Electricity Signs Power Purchase Agreement with Lao PDR Wind Farm

Viet Nam Electricity and Impact Energy Asia Development (IEAD) Limited signed the 25-year Power Purchase Agreement (PPA) for the Monsoon Wind Project on 12 July 2021. The 600-megawatt wind energy project will be the largest wind farm in Southeast Asia and the first cross-border wind energy project. It will be located in Sekong and Attapeu provinces in Southern Lao PDR, and export green energy to Central Vietnam through a 500 kilovolt transmission line. Construction is expected to begin in 2022, with commercial operation aimed for 2025.  

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The Thai-Lao Friendship bridge built with Australian funding, crossing the Mekong River. Photo by Australia DFAT (CC BY 2.0) .

Construction of the Fifth Thai-Lao Friendship Bridge Begins

The fifth Thai-Lao Friendship Bridge across the Mekong River is being constructed, following the signing of the construction agreement in December 2020. It will connect Bolikhamxay province in the Lao People’s Democratic Republic (PDR) and Bueng Kan in Thailand. The project is set to transform Bolikhamxay into a regional trade hub and transit route for Lao PDR, Thailand, and Viet Nam. It could potentially increase the subregion's tourism and attract more trade and investment for Lao PDR. 

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The 9th ACMECS Summit Declaration emphasized post-pandemic socio-economic recovery and preparation for future crises. Photo by OCM.

9th ACMECS Summit Declaration Focuses on Post-pandemic Recovery

Leaders of Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam adopted the Phnom Penh declaration at the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit held on 9 December. The declaration emphasizes post-pandemic socio-economic recovery and preparation for future crises and challenges through public health cooperation and enhanced supply chains. ACMECS leaders stressed the importance of vaccine multilateralism to ensure equitable and safe access to coronavirus disease (COVID-19) vaccines. 

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