Action plan to bolster CLMV economic growth approved
Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting.
Phnom Penh (VNA) – Cooperation in trade and investment, humanresources, and post-pandemic economic recovery will be the focus of a 2021-2022joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam(CLMV) at the 12th CLMV Economic Ministers Meeting.
The event was held online on August 29 within the frameworkof the 52nd ASEAN Economic Ministers’ Meeting (AEM-52).
Participants discussed the implementation of a comprehensiverecovery plan, together with the enforcement of the Hanoi Plan of Action oneconomic cooperation among ASEAN member states, and supply chain linkages inresponse to the COVID-19 to minimise the pandemic’s impact on regional economy.
They exchanged views on reports that senior economicofficials submitted to Economic Ministers, as well as preparations fordialogues with ASEAN’s partners and the business community in the region.
They shared opinions on the reform process of the WorldTrade Organisation (WTO).
Participating ministers also discussed and approved severaldocuments submitted by senior economic officials, including ASEAN digitalintegration indicator, Terms of Reference (TOR) on connecting ASEAN innovationcentres, and guidance to boost comprehensive business in ASEAN. Of note, ASEANdigital integration indicator and TOR on connecting ASEAN innovation centres aretwo among 13 priority initiatives of Vietnam as ASEAN Chair in 2020./.
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The Economic Ministers of ASEAN member states and their partner countries on August 28 emphasised the importance of further strengthening regional economic cooperation and promoting economic growth post COVID-19.
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The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Illustrative image (Source: Reuters)
