News

Pandemic partners: Regional cooperation has helped Asia and the Pacific mitigate and recover from COVID-19

Pandemic partners: Regional cooperation has helped Asia and the Pacific mitigate and recover from COVID-19

The region’s success with decades of growth and poverty reduction is due in large part to the international movement of trade, capital, people, knowledge, and resources – not only within the region but with the rest of the world. This type of regional cooperation is also a powerful tool in addressing the pandemic.

 

24th Meeting of the GMS Subregional Transport Forum (STF-24)

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Sixth Thai-Lao PDR Friendship Bridge to Open in 2025

Sixth Thai-Lao PDR Friendship Bridge to Open in 2025

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). 

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Feasibility Study Planned for New Railway Line in Lao PDR

Feasibility Study Planned for New Railway Line in Lao PDR

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.

Events

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12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

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.

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Mekong Countries, Republic of Korea Upgrade Relations to Strategic Partnership

Mekong Countries, Republic of Korea Upgrade Relations to Strategic Partnership

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.  

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

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).

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

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.

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$484 Million ADB Loan to Fund New GMS Expressway in Myanmar

$484 Million ADB Loan to Fund New GMS Expressway in Myanmar

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.

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