CLV Development Triangle aims for sustainable, inclusive development

The ninth Summit of Cambodia-Laos-Vietnam (CLV) Development Triangle Area (CLV 9) has reiterated the countries’ resolve to cooperate for sustainable and inclusive development in the Development Triangle Area. 

Prime Minister Nguyen Xuan Phuc at the ninth Summit of Cambodia-Laos-Vietnam (CLV) Development Triangle Area
The summit in Siem Reap, Cambodia, on November 23 brought together Cambodian Prime Minister Hun Sen, Lao Prime Minister Thongloun Sisoulith and Vietnamese Prime Minister Nguyen Xuan Phuc. 

Reviewing CLV collaboration over the past two years since the eighth meeting in Vientiane, the PMs applauded the achievements in such key areas as security, national defence, trade-investment, agriculture, transport and tourism, which they said contributed to promoting socio-economic development and ensuring peace and stability in the area. 

They re-affirmed their commitment to forging the CLV cooperation on the basis of the time-honoured friendship, good and mutually beneficial neighbourliness, solidarity and mutual understanding between the countries. 

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. 

Joint efforts will also be made in bomb and mine clearance and the fight against drug smuggling, human trafficking, terrorism and cross-border crime. 

The leaders called for more active participation of the business community and development partners in CLV projects, and agreed to enhance their coordination with Mekong Sub-region cooperation mechanisms. 

Cambodian PM Hun Sen suggested Viettel support the establishment of video links for the PMs and agencies of the three countries in an effort to make it easier for their exchange. 

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 tenth CLV Summit will be held in Vietnam in 2018.

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