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CLMV, ACMECS Summits to Review Framework, Future Cooperation

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The 8th Cambodia-Laos-Myanmar-Vietnam (CLMV) and 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summits and the World Economic Forum on Mekong (WEF-Mekong) will be held in Hanoi, Vietnam, from October 24-26.

Prime Minister Thongloun Sisoulith will lead the Lao delegation attending the summits and forum in response to an invitation from Vietnamese Prime Minister Nguyen Xuan Phuc.

This year’s summits, which will be chaired by the Vietnamese prime minister, will see the attendance of leaders from Vietnam, Cambodia, Laos, Myanmar and Thailand, as well as representatives from international organisations, WEF’s member businesses and large enterprises in the Mekong river-shared countries, and scholars.

The summits will review the framework, set the future cooperation orientation for ACMECS and CLMV, and approve various summit documents.

The ACMECS, initiated by Thailand and established in November 2003, at first included Cambodia, Myanmar, Laos and Thailand. Vietnam joined the group a year later. ACMECS is a cooperation framework amongst Cambodia, Laos, Myanmar, Thailand and Vietnam to utilise member countries’ diverse strengths and to promote balanced development in the sub-region.

CLMV was set up in 2004 under Laos’ initiative. The group passed the Vientiane Declaration on Enhancing Economic Cooperation and Integration among CLMV at its first summit.

 

Source: Vientiane Times