The second Lancang-Mekong Cooperation Leaders’ Meeting kicked off on Wednesday in Phnom Penh, with its agenda focusing on development of the Mekong sub-region with a strong emphasis on the commitment to maintain peace, stability, sustainable development and prosperity.
Co-chaired by Cambodian Prime Minister Hun Sen and his Chinese counterpart Li Keqiang, the two-day meeting stresses the importance of the socio-economic development of sub-regional countries, in terms of enhancing the well-being of their people, narrowing the development gap among countries in support of Asean community building as well as advancing South-South Cooperation to further contribute to the implementation of the UN 2030 agenda for sustainable development.
The meeting is being held under theme of “Our River of Peace and Sustainable Development”.
Four documents will be adopted in the meeting including the Phnom Penh Declaration of the Second Lancang-Mekong Cooperation Leaders’ Meeting; Five-Year Action Plan of the Lancang-Mekong Cooperation 2018-2022; Joint list of 2nd Batch of Cooperation Projects; and Report of the six Joint Working Groups of Priority Areas.
The leaders of six countries visited the exhibition of Lancang-Mekong Cooperation Outcomes that have been achieved since the first leaders’ meeting.
Launched in 2015 after being proposed by China and grouping Cambodia, China, Laos, Myanmar, Thailand and Vietnam, the first leaders’ meeting took place in March 2016 in the Chinese province of Hainan. Lancang is the Chinese word for the Mekong.
The LMC is based on three pillars – political and security issues, economic and sustainable development and socio-cultural issues.
There are also five key priority areas – connectivity, production capacity, cross-border economic cooperation, water resources and agriculture and poverty reduction.