Eastern Economic Corridor projects get fast-tracked as govt envisions it as the heart of Mekong economies.
Tag: economic development
Mekong subregion shapes up for tourism influx
Infrastructure and services demand seen rising sharply
Five Features of Lancang-Mekong River Cooperation
A new word-Lancang-Mekong River cooperation was added into the Chinese diplomatic dictionary last year. This morning, the Foreign Ministry website released the information that the first leaders’ meeting on Lancang-Mekong River cooperation will be held in Sanya, Hainan Province. Compared with many serious diplomatic words, “Lancang-Mekong” is down-to-earth from the beginning and brings to mind a popular food “blueberry”.. What is Lancang-Mekong River cooperation? What does it do? Who is it intended for? How does it benefit people’s lives? Now, let us get close to and understand Lancang-Mekong cooperation and thus taste this “blueberry”.
1.What is Lancang-Mekong River cooperation?
2.What has the Lancang-Mekong River cooperation done?
3. What is the aim of the Lancang-Mekong River cooperation?
4. What will Lancang-Mekong River cooperation do?
5. What will the future of Lancang-Mekong River cooperation look like?
China Focus: Lancang-Mekong cooperation enriches countries along the river
A border railway station which has been in existence for more than 100 years in southwest China’s Yunnan Province got a new lease on life last year after having been left desolate for a decade.
The cargo train via Shanyao Station on the China-Vietnam border hit the buffers in 2013 and was suspended for a while. The service has since resumed and is now busier than ever.
A railway linking Kunming in Yunnan province and the border with Vietnam opened in December 2014 and the following year 366,400 tonnes of cargo — iron ore, sulfur, fertilizer and so on — flowed from China into Vietnam via Shanyao, over 100 times more than the year before. Already this year, 89,700 tonnes of goods have gone the same way.
Linking rural development with SDGs
The 2030 agenda for sustainable development undoubtedly proposes an exciting vision, and promises a future of peace and prosperity; but these goals will not be easy to achieve unless we develop effective global partnerships and learn from the outcomes of Millennium Development Goals (MDG). We need to investigate both the successes and failures of MDGs, set our focus on result-oriented development, and encourage government and their development partners to think about the linkages between plan, policy, delivery and monitoring in resource mobilisation and management.
Mekong Region: Asia’s New Growth Center and Strategic Frontier
The Mekong countries of Cambodia, Laos, Myanmar, Thailand, and Vietnam are emerging to be not only the new growth center but also a new strategic frontier in Asia.
With a population of around 240 million and a combined GDP of $664 billion, the Mekong region has geopolitical significance and economic weight. It is located at the junction of the enormous emerging markets of Asia and their combined population of about 3.3 billion.
Myanmar’s landmark election and the likelihood of a peaceful and smooth power transition have drawn more international attention and interest to the Mekong region as a whole. Myanmar is expected to be a key regional actor and now possibly a catalyst of regional peace, democracy, and development.
What Will an NLD Government in Myanmar Mean for Business?
Investors have up to now been cautious on entering Myanmar due to lingering sanctions, while others who have been waiting out political uncertainties may be assured by the NLD’s sweeping victory, which leaves little doubt over the preference for fully civilian rule.
China, Mekong countries launch Lancang-Mekong Cooperation framework
The Lancang-Mekong Cooperation (LMC) framework was officially launched on Thursday following talks among senior foreign affairs officials from China, Thailand, Cambodia, Laos, Myanmar and Vietnam in Jinghong, Yunnan Province.
FOCUSING ON THREE KEY AREAS
The Lancang-Mekong River is a natural link between the six countries.
At the first LMC foreign ministers’ meeting, they decided to cooperate in three key areas – politico-security issues, economic affairs and sustainable development, and social affairs and people-to-people exchanges.
At the invitation of Chinese Foreign Minister Wang Yi, Cambodian Deputy Prime Minister and Minister of Foreign Affairs Hor Nam Hong, Lao Deputy Prime Minister and Minister of Foreign Affairs Thongloun Sisoulith, Myanmar Foreign Minister U Wunna Maung Lwin, Thai Foreign Minister Don Pramudwinai, Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh attended the meeting, and Wang Yi and Don Pramudwinai co-hosted the meeting.