Prime Minister proposes CLMV cooperation in raising competitiveness
Initiatives proposed by Prime Minister Nguyen Tan Dung at the seventh Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit held in Nay Pyi Taw, Myanmar, were welcomed by member states.

Initiatives proposed by Prime Minister Nguyen Tan Dung at theseventh Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit and the sixth Ayeyawady-ChaoPhraya-Mekong Economic Cooperation Strategy (ACMECS) Summit, held in Nay PyiTaw, Myanmar, were welcomed by member states.

During the CLMV Summit on June 22, the Vietnamese Prime Ministerand leaders of Cambodia, Laos and Myanmar reiterated their commitmentto foster the traditional relationship, neighborliness and cooperation formutual interest.

Leaders of the member states at the CMVL Summit__Photo: Duc Tam/VNA

They adopted an action plan in economics and trade to facilitatetrade and investment. Accordingly, participating countries will apply the one-stop-shopmodel at international border gates, utilize the potential of transnationaleconomic corridors, and develop policies to promote investment in agriculture,industry and energy.

Dung reiterated the Vietnamese Government’s commitments to CLMV cooperationand hoped the four countries would further work together to successfullyrealize cooperation programs for the sake of the region.

At the end of the summit, leaders adopted a joint statement andagreed to organize the eighth CLMV Summit in Vietnam in 2016.

At the ACMECS Summit on June 23, the leaders of the four countriesapproved a 2016-18 action plan to raise the competitiveness of ACMECS economiestoward transforming the group into a leading investment and tourismdestination, especially in border areas, and maximizing growth opportunitiesgenerated by the ASEAN Economic Community and free trade agreements.

They also defined eight priority cooperation areas, including trade-investment,agriculture, industry-energy, transport, human resources development, tourism,healthcare and environmental protection.-

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