Mekong River Countries to Meet to Intensify Cooperation

03/12/2004 | www.adb.org

Ministers of the six countries sharing the Mekong River will gather on 14-16 December 2004, to discuss ways to intensify regional cooperation.

MANILA, PHILIPPINES (3 December 2004) - Ministers of the six countries sharing the Mekong River will gather in Vientiane, Lao People's Democratic Republic, on 14-16 December 2004, to discuss ways to intensify regional cooperation.

With increasing efforts in Asia towards greater economic integration, the ministers from the Greater Mekong Subregion (GMS) countries - Cambodia, People's Republic of China, Lao PDR, Myanmar, Thailand, and Viet Nam - will discuss at their 13th GMS Ministerial Conference how to move cooperation more effectively to achieve their common goal of growth, equity and prosperity for the subregion.

The GMS Program, assisted by ADB since 1992, has catalyzed the move towards regional economic integration by enhancing physical connectivity among the GMS countries and thus improving the competitiveness of the region's products in Asia and beyond.

The ministerial meeting will include a GMS Senior Officials Meeting on 14 December, a Development Partners Meeting on 15 December and the Ministerial Meeting on 16 December.

The Development Partners Meeting will bring together representatives from more than 50 bilateral and multilateral development agencies as well as representatives of the private sector. "The investment requirements in the GMS region are huge and it will therefore be critically important for the GMS countries to successfully mobilize new resources from public and private sectors inside and outside the region," said Rajat Nag, Director General of ADB's Mekong Department.

"The GMS countries' dialogue with existing and new development partners is very important feature of the GMS Ministerial Conference," said Mr. Nag.

The GMS Ministers will also discuss the preparation for the Second GMS Leaders' Summit to be held in Kunming, PRC in July 2005.

Home to some 250 million people, the subregion, as big as Western Europe, is expected to become a dynamic growth area in the years ahead.

For further details of the Ministerial Conference, please contact Tsukasa Maekawa (tmaekawa@adb.org), Principal External Relations Specialist, at tel. 632-632-5875 or Grace Sioting at tel. 632-632-5889.

Related stories

  • HASAN TULUY: Now is not the time for LatAm to relax

    As the world economy moves to a ‘new normal’, Latin America must not sit back and relax but instead focus on boosting sustainable growth and eradicating inequality

  • COLOMBIA: Freeing up Colombia's economy

    In the enviable position of boasting low inflation as EM currencies tumble, Colombia appears well placed to withstand the shocks of changing global monetary policy. But for the economy to make sustainable strides, long-term improvements are needed – starting with infrastructure

  • Busan 2015: Korea trade key to venue choice

    The decision by the IDB to site its 2015 annual meetings in South Korea highlights the region’s desire to build on a fast growing trade and business relationship

  • Magical economic realism alive and well in Venezuela

    Venezuela’s annual inflation hit 57.3% in February, but a group of chamber of commerce leaders defied experts’ analysis to present a bullish case for investment in the country

  • Colombia to inject up to $25bn into economy

    The first investment package of $8bn for 12 roadway projects would be offered in April, Colombia's finance minister said


Editor's Picks


In Focus

  1. BRAZIL: Rousseff running out of time to restore economic credibility

  2. FINANCING LATAM’S BANKS: Niche currencies lead the way for LatAm exposure

  3. US QE tapering a good sign but watch the short end…

  4. JIM O'NEILL: Latin America can learn from Mexico’s efforts

  5. LATIN AMERICA: Filling the infrastructure financing gap

No government should engage in scaremongering.

László Andor, European Commissioner responsible for employment