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CLV Development Triangle Area meeting ends with success

Update: December, 20/2017 - 09:00
From left to right: Cambodian Minister of Commerce Pan Sorasak, Lao Minister of Planning and Investment Souphan Keomisay and Vietnamese Minister of Planning and Investment Nguyễn Chí Dũng hold hands after signing documents to ratify the outcomes of the 11th meeting the Joint Coordination Committee on Cambodia-Laos-Việt Nam (CLV) Development Triangle Area held yesterday in the southern province of Bình Phước, Việt Nam. — VNA/VNS Photo
Viet Nam News

BÌNH PHƯỚC — The 11th meeting of the Joint Co-ordination Committee on Cambodia-Laos-Việt Nam (CLV) Development Triangle Area was declared a success in Việt Nam’s southern province of Bình Phước on December 19.

The event was chaired by Vietnamese Minister of Planning and Investment Nguyễn Chí Dũng, Cambodian Minister of Commerce Pan Sorasak and Lao Minister of Planning and Investment Souphan Keomisay.

The ministers approved recommendations submitted by the Senior Officials Meeting of the CLV Development Triangle Area, and noted with satisfaction the implementation of the adjusted master plan on regional socio-economic development during 2010-2020, and the amended memorandum of understanding on incentives in the area reached by the three countries.

Lauding the contributions of partners to regional development over the years, the ministers asked agencies of the three countries to hold more conferences with the partners to mobilise financial support for priority projects.

They called for stronger CLV co-operation in such areas as security and external affairs, economy, trade, investment, tourism, culture, education, environment, telecommunications and information and communications technology.

The Vietnamese Ministry of Agriculture and Development was asked to work with Lao and Cambodian partners to complete the plan on rubber industry development in the CLV Development Triangle Area.

The meeting requested that Cambodia complete procedures to enforce the agreement on trade promotion and facilitation in the development triangle area.

Lao Minister Souphan Keomisay suggested increasing investment attraction, tapping the strength of each locality and creating an open business environment in the area.

Cambodian Minister Pan Sorasak said the outcomes of the meeting will help reduce poverty and improve living standards of regional residents. — VNS

 

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