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CLV summit pushes for expanded cooperation

Prime Ministers Nguyen Tan Dung, Thongsinh Thammavong and Hun Sen co-chaired the eighth Cambodia-Laos-Vietnam (CLV) Development Triangle Summit in Vientiane, Laos, on November 25.
Prime Ministers Nguyen Tan Dung, Thongsinh Thammavong and Hun Senco-chaired the eighth Cambodia-Laos-Vietnam (CLV) Development TriangleSummit in Vientiane, Laos, on November 25.

Thesummit screened the implementation of the revised master plan onsocio-economic development of the CLV development triangle area to 2020and the memorandum of understanding on preferential policies for thearea.

Prime Minister Nguyen Tan Dung’s proposal onupgrading and expanding the CLV cooperation and assigning the jointcoordinating committee to design a plan on economic connectivity for thethree countries won the participants’ approval.

Heasked for the concerted efforts to mobilise capital for projects devisedin the master plan, speed up the construction of infrastructurefacilities and fine-tune investment and trade policies since weaknessesin those spheres have hindered joint cooperation.

The three countries should focus on implementing the master plan’stargets, striving for an annual average GDP growth rate of 10 percentand an annual per capita income of 1,500 USD-1,600 USD by 2015, hestated.

The Vietnamese PM emphasised the need tocontinue simplifying investment procedures and improving tax policies inorder to facilitate the collaboration between the three nations’businesses, especially those involved in the fields of transport,mineral exploitation, rubber and coffee planting and processing,electricity, telecommunications and tourism.

Tofacilitate goods exchange and travel of locals, he called for the earlycompletion of an agreement on promoting and facilitating tradeactivities in the area, the upgrading of border gate pairs, thecollaboration in implementing the one-stop-shop model at border gates,and the signing of memoranda of understanding on the implementation ofthe Cross Border Transport Agreement within the framework of the GreaterMekong Sub-region.

He noted that prioritisedinvestment projects listed by the joint coordinating committee shouldfocus on developing inter-regional transport and trade infrastructureand improving the quality of human resources.

Healso suggested the three countries work together to map out a rubberindustry development plan since the rubber plantation and processing istheir strength.

Attention needs to be paid toprotecting the environment, bettering education and training andensuring social welfare for locals, he said, adding that the threecountries should also intensify information sharing and coordination toaddress issues relating to border security.

He alsoemphasised the need to attract further support from development partnerslike Japan and the Republic of Korea and international financialorganisations like the World Bank and the Asian Development Bank.

The three countries should coordinate closely to create a common voiceand take full advantage of the development triangle area’s policies andeconomic scope.

The Vietnamese leader expressed hisbelief that with sound and appropriate steps the CLV cooperationmechanism contributes importantly to the prosperity of the threecountries and the Mekong sub-region.

At the summit,the three PMs agreed to assign the three countries’ agricultureministries to complete the rubber industry development plan.

They were also unanimous in strengthening cooperation in security anddiplomacy, especially in fighting drug and human trafficking andtrans-border crimes, responding to infectious diseases and naturaldisasters, and clearing war-left unexploded ordnance.

The PMs signed a joint statement on CLV development triangle areacooperation and agreed to organise the ninth summit in Cambodia in2016.-VNA

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