Mekong-Lancang Cooperation nations advocate for integrated development

26 Dec '23

2 min read

Pic: @Dr_Hunmanet_PM/Twitter

Insights

At the fourth Mekong-Lancang Cooperation Leaders' Meeting, leaders from Cambodia, China, Laos, Myanmar, Thailand, and Vietnam focused on modernisation and a community of shared future through the 'Nay Pyi Taw Declaration.'
They committed to the Lancang-Mekong Economic Development Belt, leveraging technological advancements, and boosting economic recovery.

Leaders from the six Mekong-Lancang Cooperation (MLC) countries, including Cambodia, China, Laos, Myanmar, Thailand, and Vietnam, convened at the fourth MLC Leaders' Meeting, committing to a shared vision of modernisation and a community of shared future. Held virtually, the ‘Nay Pyi Taw Declaration’ emphasised mutual trust, respect, and the synergy of national development strategies to address common challenges collectively.

The leaders resolved to accelerate the Lancang-Mekong Economic Development Belt (LMEDB), leverage new scientific and technological advancements, and boost economic recovery. They aim to deepen cooperation in various fields, advocating for sustainable economic growth and adhering to the principles of extensive consultation, joint contribution, and shared benefits, according to Chinese media reports.

Furthermore, a five-year action plan (2023-2027) was released to enhance neighbourliness, drive economic and social development, and develop a more robust LMEDB. This plan seeks to create a peaceful, safe, and amicable Lancang-Mekong region. Joint initiatives on innovation corridor development were also issued to promote economic development and social progress through science, technology, and innovation (STI).

Additionally, Chinese Premier Li Qiang announced China's intention to provide a special loan for the common development of the Lancang-Mekong countries. Li presented four proposals to strengthen cooperation, including enhancing integrated development, promoting green cooperation, strengthening security governance, and deepening people-to-people exchanges.

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