PM concludes trip to attend Mekong-Lancang summit

The meeting was themed “Our River of Peace and Sustainable Development”.Participants shared the view that after two years, MLC made important strides in building working mechanisms and implementing concrete projects. Some outstanding outcomes include implementing 130 projects, completing many “Early Harvest” projects, setting up centres for environmental, water resource and Mekong research cooperation, and establishing and operating the MLC Special Fund.In terms of future cooperation, the leaders reaffirmed the goal of building a Mekong-Lancang region of peace, stability, sustainable development and prosperity. They agreed that MLC needs to contribute more actively to the region’s socio-economic development, narrow the development gap among the member countries, assist the building of the ASEAN Community, and cooperate with other mechanisms like the Greater Mekong Subregion and the Mekong River Commission.The leaders adopted the Phnom Penh Declaration and the five-year MLC action plan for 2018-2022, which feature major orientations and measures for implementing cooperation in the three pillars of security-politics, economic and sustainable development, and society, culture and people-to-people exchange.They applauded the 214 MLC projects proposed by the member countries and agreed to gradually expand cooperation to big projects of the subregion on the basis of maximising the MLC Special Fund and financial sources mobilised from governments, the private sector, and international financial organisations.They agreed to consider water resource cooperation as a high priority area, increase cooperation in managing and using water resources sustainably through such activities as policy dialogue, sharing information and hydrological data, carrying out joint research and pilot projects relating to water… [Read full story]

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