Friday, September 18, 2009

Mekong Nation Agreement to Accelerate Development

2point6billion.com

Sept. 18 – The six countries sharing the Mekong River have agreed to hasten the development of the region’s economic corridors during the 2nd Greater Mekong Subregion Economic Corridors Forum held in Phnom Penh, Cambodia.
The ministers from Cambodia, People’s Republic of China, Thailand, Lao People’s Democratic Republic, Myanmar, and Vietnam have agreed to focus on improving the the East-West, North-South and Southern economic corridors of the Mekong River.
“With good roads and other physical infrastructure largely in place, today’s commitment bodes well for the region’s continued economic development,” ADB Vice-President Lawrence Greenwood said in a statement. “Now Mekong nations need to double their efforts to streamline cross-border transactions and transportation costs, to ensure trade between Mekong nations can flourish.”

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