Nov 7, 2024, 2:08 AM
Nov 6, 2024, 9:09 PM

Leaders Gather in Kunming to Shape Greater Mekong Cooperation

Highlights
  • The GMS Summit convenes leaders to discuss regional cooperation and development.
  • Emphasis is placed on enhancing connectivity, trade, agriculture, and poverty alleviation.
  • The summit exemplifies collective efforts towards sustainable development and economic integration among Mekong countries.
Story

On November 6-7, 2024, the eighth Greater Mekong Subregion (GMS) Summit takes place in Kunming, Yunnan Province, China. Leaders from China and five Mekong countries—Cambodia, Laos, Myanmar, Thailand, and Vietnam—alongside the President of the Asian Development Bank, convene to discuss cooperation in achieving regional development through innovation. The summit emphasizes key areas like connectivity, trade, agriculture, and poverty alleviation to foster sustainable development among member states. The GMS framework, established in 1992 by the ADB, aims to strengthen economic ties and promote social development within the region. Over the last three decades, collaborative efforts have yielded noticeable benefits, enhancing regional integration and supporting local communities. Recent initiatives include the China-Laos Railway and the Phnom Penh-Sihanoukville Expressway, which illustrate the significant impact of improved infrastructure on local economies. During discussions, emphasis is placed on the importance of cross-border transportation and economic synergy among GMS countries. New visa policies and initiatives like the GMS cross-border road transport project demonstrate a commitment to improving logistics and ease of movement, facilitating better trade relationships. The summit represents a crucial opportunity for the nations involved to align their strategies and harness their abundant resources for mutual growth. The leaders express a shared vision for a prosperous future, leveraging innovation and cooperation as pathways to greater economic integration.

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