In the Greater Mekong Subregion, countries have started to adopt laws and policies on geographical indications to protect locally sourced products that are made using traditional methods in their region of origin.
Economic zones are growth engines of the Greater Mekong Subregion, stimulating economic activity and creating jobs. Yet, not much attention has been given to the social and health aspects of economic zone development until recently.
HA NOI, VIET NAM (27 November 2018) — The Asian Development Bank has approved over $100 million in financing to help the Government of Viet Nam install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops such as coffee, peppers, grapes, dragon fruits, and mangoes.
BANGKOK, THAILAND (25 January 2018) — The Asian Development Bank’s Trade Finance Program called for greater financial integration, including the development of trade finance, among Greater Mekong Subregion countries at a recent conference for trade finance professionals, central banks, and government ministries in Bangkok.
Myanmar is putting in place a national safeguards system to better balance rapid economic growth and environmental sustainability.
Germany has committed 4 million euros ($4.6 million) to strengthen cross-border water cooperation in the Greater Mekong Subregion through the Mekong River Commission.
Asian Development Bank President Takehiko Nakao and People’s Republic of China Secretary of the Party Leadership Group and Vice President of the Development Research Center Ma Jiantang discussed the possibility of conducting joint knowledge work on regional cooperation.
SINGAPORE (23 October 2018) — Regional cooperation is increasingly necessary to tackle a rising number of cross-border challenges in Asia and the Pacific, including infrastructure gaps, trade connectivity, financial contagion, and climate and disaster-resilience, according to a new report from the Asian Development Bank.