GMS in the News

The Chinnakorn Civil Public Company of Thailand signed a memorandum of understanding with the Ministry of Planning and Investment of the Lao People’s Democratic Republic (PDR) to conduct a feasibility study for a new railway line in southern Lao PDR. Mr. Vanhxay Inthalaseth, President of the Chinnakorn Civil Public Company and Ms. Khamchanh Vongsengboun, Lao PDR Deputy Minister of Planning and Investment, conducted the signing on 16 October 2020.  The project is expected to promote socio-economic development along areas on the railway route.

The 10th Cambodia, Lao PDR, Myanmar, Vietnam (CLMV) Summit, held on 9 December, emphasized enhancing effective connectivity for regional integration.

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. 

The 8th Mekong–Republic of Korea (RoK) Business Forum acknowledged how the RoK and the Mekong countries sustained their trade to 2019 levels amid the pandemic by upholding their trade relations. The Forum was held on 4 December in-person in Hanoi, Viet Nam, and online. 

Japan and Mekong countries convened the 12th Mekong-Japan Summit on 13 November, cochaired by Japan Prime Minister Suga Yoshihide and Viet Nam Prime Minister Nguyen Xuan Phuc. The meeting underscored Japan’s strong commitment to the Mekong subregion and reviewed progress of cooperation between Japan and Mekong countries (Cambodia, Lao People’s Democratic Republic [PDR], Thailand, Myanmar, and Viet Nam) as guided by the "Tokyo Strategy 2018." The Strategy seeks to strengthen connectivity, improve human resource development, and enhance environmental protection.

Countries of the Mekong subregion and the Republic of Korea (RoK) agreed to raise bilateral relations to a "Strategic Partnership for People, Prosperity, and Peace" at the second Mekong-RoK Summit held on 13 November 2020, which was chaired by RoK President Moon Jae-in and Viet Nam Prime Minister Nguyen Xuan Phuc.  

The meeting noted the reinforced cooperation in public health amid the pandemic, and hailed recovery of trading volumes between the RoK and the Mekong subregion to 2019 level.