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​Vietnam, Laos, Cambodia, Myanmar strengthen ties for greater economic integration

​Vietnam, Laos, Cambodia, Myanmar strengthen ties for greater economic integration

Sunday, June 17, 2018, 17:29 GMT+7

Leaders from Vietnam, Laos, Cambodia, and Myanmar have agreed to tighten their cooperation and further boost economic integration and connectivity.

Vietnamese Prime Minister Nguyen Xuan Phuc attended the 9th Cambodia-Laos-Myanmar-Vietnam Summit (CLMV 9) in Bangkok, Thailand on Saturday, according to the Vietnam News Agency.

During the event, themed “For Greater Economic Integration and Connectivity,” leaders of the four member states affirmed their determination to bolster collaboration to tap economic potential, making contributions to the development of ASEAN and ensuring inclusive and sustainable development in the region.

They believed that close cooperation will help CLMV countries overcome formidable challenges and grasp new development opportunities.

The summit praised efforts made by the member states in enhancing transport connection, facilitating trade and investment, and developing human resources.

Leaders of Cambodia, Laos and Myanmar thanked the Vietnamese government for granting scholarships and practical training courses for their citizens.

Leaders shake hands at the 9th Cambodia-Laos-Myanmar-Vietnam Summit in Bangkok. Photo: Vietnam News Agency
Leaders shake hands at the 9th Cambodia-Laos-Myanmar-Vietnam Summit in Bangkok. Photo: Vietnam News Agency

During the gathering, PM Phuc highlighted three important factors that can help member states to achieve the best outcomes in CLMV cooperation.

Collaboration should focus on such fields as infrastructure connection, agriculture, tourism, human resource training, and development of a sound and equal business climate, the Vietnamese head of government elaborated.

The CLMV should be creative in mobilizing resources and building joint projects, he said, suggesting that the member countries pay attention to other cooperation mechanisms as well as the role of their partner nations.

The four countries should also build mid- and long-term cooperation strategies to serve as a foundation for their joint activities, Phuc stressed.

At the end of the summit, the leaders adopted a joint statement of the CLMV 9 and agreed that Laos will host the CLMV 10.

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Duy Khang / Tuoi Tre News

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