The 9th CLV Development Triangle aims for peace, friendship, stability and development
On November 23, the 9th Cambodia-Laos-Vietnam Development Triangle Area Summit (CLV 9) has reiterated the countries’ resolve to cooperate for sustainable development in the Development Triangle Area.
Vietnamese Prime Minister Nguyen Xuan Phuc, Cambodian PM Hun Sen and Lao PM Thongloun Sisoulith
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The summit, held in Siem Reap, Cambodia, brought together Cambodian Prime Minister Hun Sen, Lao Prime Minister Thongloun Sisoulith and Vietnamese Prime Minister Nguyen Xuan Phuc. The leaders displayed their resolve to work closely with each other and team up with other ASEAN nations in materialising the ASEAN Vision 2025. They agreed to increase the connectivity of the three economies in both soft and hard infrastructure as well as people-to-people exchanges.
They assigned the joint coordination committee to complete the action plan on connectivity of Cambodian, Lao and Vietnamese economies to 2030. The committee was also tasked with planning tourism development in the area. The agricultural ministries of the three countries were asked to partner with each other in building a plan on developing the rubber industry.
The leaders affirmed their strong commitment to environmental protection, sustainable management and use of natural resources, including water and forest resources, and consented to implement programmes on cooperation in hydrometeorology, climate change response and water resources management.
Prime Minister Nguyen Xuan Phuc called on Cambodia, Laos and Vietnam to build a stable and open legal framework that facilitates the cross-border circulation of goods, services and labourers as well as investment in the CLV Development Triangle Area. He called for joint efforts in ensuring security and political stability, and environmental protection.
The countries should coordinate with each other in realising the Sustainable Developments Goals by 2030, seeking long-term solutions to the sustainable use of natural resources, especially their shared water resources, and attracting resources from development partners and international financial organisations, he urged.
PM Nguyen Xuan Phuc and Cambodian PM Hun Sen on the sidelines of the 9th CLV Summit in Cambodia
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PM Hun Sen spoke highly of the effective CLV cooperation, which helped each country maintain political stability, effectively prevent and fight crime, develop infrastructure, tourism and agriculture. He noted that the parties have timely addressed arising problems and promoted trade.
Both Hun Sen and his Lao counterpart underscored the need for the countries to enhance their multi-faceted cooperation to reach higher economic growth and maintain security and friendship in the Development Triangle Area.
At the end of the summit, the PMs signed the CLV 9 joint statement and passed a list of 15 priority projects calling for investment in the development triangle area. The leaders also witnessed the signing of an agreement on trade promotion and facilitation in the CLV Development Triangle Area.
The Vietnamese PM expected that the success of the summit will contribute to strengthening the cooperative relations among the three nations for each side’s socio-economic development and prosperity. The Vietnamese Government chief affirmed Vietnam’s consistent policy of consolidating and enhancing the relationship with Laos and Cambodia, hailing the neighboring country’s achievements in its socio-economic development.
Meanwhile, Laos and Cambodian also affirmed their country’s consistent policy of consolidating and enhancing the traditional friendship and comprehensive and long-term relations with Vietnam. The PMs discussed on a wide range of issues of the ties and ways to further promote cooperation in economy, trade and to ensure security and political sustainability. They hoped to soon complete border demarcation and landmark planting work to build a borderline of peace, friendship, stability and development, facilitating border economic development and people-to-people exchanges.
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