Thailand’s Ministry of Transport is scheduled to complete the 6th Thai-Lao friendship bridge by 2025, according to Mr. Saksayam Chidchob, Thailand Minister of Transport. This new bridge promises to further enhance border trade and promote tourism between Thailand and the Lao People’s Democratic Republic (PDR).
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.
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.
The 24th GMS Ministerial Conference (MC-24) was held on 4 November 2020 with the theme “Pave the way to a more integrated, inclusive, sustainable and prosperous GMS.”
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.
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).
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.
The Asian Development Bank (ADB) has approved a $483.8 million loan to build a 64-kilometer (km) expressway connecting the capital of Bago region and the township of Kyaikto in Mon state in Myanmar and support economic development along the Greater Mekong Subregion (GMS) East–West Economic Corridor.