Vietnamese Minister of Planning and Investment Nguyen Chi Dung speaks at the event (Source: VNA) Hanoi (VNA) – Representatives of Cambodia,Laos and Vietnam have agreed to assign Vietnam to devise an action plan for effectivelyimplementing the Agreement on Trade Promotion and Facilitation in theCLV Development Triangle Area, signed in 2016 in Siem Reap,Cambodia.
This is one of the important contents stated in the minutes of the 12th meetingof the Joint Coordination Committee on the Cambodia-Laos-Vietnam DevelopmentTriangle Area (JCC CLV DTA 12), just inked by the ministers of the threecountries.
The event, which took place from March 7-10 in Kratie province, Cambodia, wasjointly chaired by Cambodian Commerce Minister Pan Sorasak, Lao Minister ofPlanning and Investment Suphan Keomixay and Vietnamese Minister of Planning andInvestment Nguyen Chi Dung.
The Vietnamese side is also assigned to develop specific plans and projects toperform the Action Plan for CLV Economic Connectivity up to 2030.
The ministers recognised the need to strengthen currentefforts of the three countries in ensuring border security and satisfactorilysolving security issues, especially illegal border crossings, drug and human trafficking;and improving the effectiveness of "hotlines", particularly at thelocal level.
They highlighted that it is necessary to review and evaluatethe master plan for socio-economic development in the CLV development trianglearea in the 2010-2020 period to have a panorama of development status, new opportunitiesand challenges, as well as demand of the three countries in the new developmentcontext.
Regarding tourism, the sides agreed to accelerate the building of a developmentplan for the sector, and coordinate in collecting information and data to completerelevant reports at the 11th CLV Development Triangle Area Summit inNovember this year.
Laos and Cambodia have proposed Vietnam manage the website ofthe CLV Development Triangle Area, and upgrade the information storage capacityto enable the three countries’ authorities to upload information to thewebsite.
Under the minutes, Laos will be the host country of the 11th CLV DevelopmentTriangle Area Summit.
In the development triangle area, Vietnam has so far invested in 49 projects in Cambodia with a total registered investmentof 1.63 billion USD and 67 projects worth 1.97 billion USD in Laos. Meanwhile,five Vietnamese localities in the Development Triangle Area have attracted 233projects worth 2.3 billion USD from 20 countries and territories.
The Cambodia-Laos-Vietnam Development Triangle Area wasestablished in 1999, initially covering 10 provinces namely Kon Tum, Gia Lai,Dak Lak and Dak Nong (Vietnam); Sekong, Attapeu and Saravan (Laos); and StungTreng, Rattanakiri and Mondulkiri (Cambodia). Vietnam’s Binh Phuoc province,Laos’ Champasak province and Kratie of Cambodia were added into the group in2009.
The group aims to strengthen the solidarity andcooperation among the three countries while ensuring security and politicalstability as well as promoting poverty reduction and socio-economic developmentin the area.
Its cooperation focuses on such areas as security-diplomacy,transport, industry, agriculture, trade, investment, social affairs, andenvironmental protection.
Vietnam has joined actively and made important contributionsto the area.-VNA
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