Illustrative image (Photo: Internet) Bangkok (VNA) - The 9th Ayeyawady-Chao Phraya-Mekong EconomicCooperation Strategy (ACMECS) Summit held via videoconference on December 9 hasadopted a Phnom Penh declaration.
Leaders from Cambodia, Laos, Myanmar, Thailand, and Vietnam passed the declaration,which focuses on post-pandemic socio-economic recovery and preparations for futurecrises and challenges through public health cooperation and supply chains. It alsoemphasises that public private partnerships should be a locomotive for economicdevelopment.
The spokesman for the Thai Government, Anucha Burapachaisri, said the summit lookedinto ACMECS cooperation within three pillars: a seamless ACMECS to promote regionalconnectivity, a synchronised ACMECS to promote harmonisation of trade, investmentand industry policies, and a smart and sustainable ACMECS.
Member states agreed with a Thai proposal to add “a safe, secure, and trustworthyACMECS” as a fourth pillar.
In his speech, Thai Deputy Prime Minister and Minister of Defence Prayut Chan-o-charecommended that ACMECS cooperation be based on multidimensional connectivity,the establishment of an ACMECS development fund, and the establishment of an ACMECSSecretariat.
He said multidimensional connectivity is key to the development of ACMECS, and stressedthe importance of promoting the application of technology in cross-border tradeand developing digital platforms for micro, small and medium-sized enterprises (MSMEs)to boost business capacity while generating more jobs that help improve livelihoodsand reduce development gaps.
The next step in developing the ACMECS master plan is to enhance cooperation inthe field of public health, he added.
As for the ACMECS fund, he said it helps development projects reflect the demandsof the subregion. He also affirmed Thailand’s commitment to contributing 200 millionUSD to support projects that bring benefit to local people and the subregion.
He expressed a belief that the summit will show off to the world an ACMES with thesolidarity to counter any challenges and ensure the sustainable development of thesubregion./.
Leaders from Cambodia, Laos, Myanmar, Thailand, and Vietnam passed the declaration,which focuses on post-pandemic socio-economic recovery and preparations for futurecrises and challenges through public health cooperation and supply chains. It alsoemphasises that public private partnerships should be a locomotive for economicdevelopment.
The spokesman for the Thai Government, Anucha Burapachaisri, said the summit lookedinto ACMECS cooperation within three pillars: a seamless ACMECS to promote regionalconnectivity, a synchronised ACMECS to promote harmonisation of trade, investmentand industry policies, and a smart and sustainable ACMECS.
Member states agreed with a Thai proposal to add “a safe, secure, and trustworthyACMECS” as a fourth pillar.
In his speech, Thai Deputy Prime Minister and Minister of Defence Prayut Chan-o-charecommended that ACMECS cooperation be based on multidimensional connectivity,the establishment of an ACMECS development fund, and the establishment of an ACMECSSecretariat.
He said multidimensional connectivity is key to the development of ACMECS, and stressedthe importance of promoting the application of technology in cross-border tradeand developing digital platforms for micro, small and medium-sized enterprises (MSMEs)to boost business capacity while generating more jobs that help improve livelihoodsand reduce development gaps.
The next step in developing the ACMECS master plan is to enhance cooperation inthe field of public health, he added.
As for the ACMECS fund, he said it helps development projects reflect the demandsof the subregion. He also affirmed Thailand’s commitment to contributing 200 millionUSD to support projects that bring benefit to local people and the subregion.
He expressed a belief that the summit will show off to the world an ACMES with thesolidarity to counter any challenges and ensure the sustainable development of thesubregion./.
VNA
