China, Mekong nations agree on over 100 projects

China, Mekong nations agree on over 100 projects

The six leaders from LMC members China, Myanmar, Laos, Thailand, Cambodia and Vietnam gathered in Phnom Penh for the summit to adopt a five-year plan of action for 2018-22 and the "Phnom Penh Declaration", a statement of LMC members' political will for cooperation. This year's event is co-organised by Cambodia and China.

At the meeting, PM Phuc and other leaders attended a ceremony handing over the MLC co-chairmanship to Laos, a joint press conference on the meeting's outcomes, and a photo exhibition on Mekong-Lancang achievements.

Po Sovinda, global relations analyst with the East China Normal University in Shanghai, said China, as an upstream country of the Mekong River, likely would use the LMC as a model of Beijing-led multilateral institutionalizations by proving that it would "not seek hegemony".

"The second LMC leaders' meeting will be another milestone in deepening political trust, fostering practical cooperation, and promoting comprehensive regional connectivity", he told Xinhua.

"Effective regional cooperation is urgently needed on the Mekong to ensure its sustainable development and management". He said strengthening the framework will bring more benefits to the region.

Communities in Cambodia are as reliant as any on the river.

"Po Sovinda added that China could face a backlash, however, if it mismanages the river by pursuing unilateral decisions, which run contrary to its "'peaceful development' rhetoric".

At more than 45,000 kilometers long, the Mekong is the biggest river in Southeast Asia - and the most controversial.

"With the exception of the LMC being a multilateral initiative, China's approach is a continuation of its economic expansion and market dominance in mainland Southeast Asia", Eyler said.

Prayut is expected to pursue talks on the upcoming Thailand-Cambodia railway line, a part of Singapore-Kunming rail link and ultimately the Eastern Economic Corridor.

China has built huge hydropower dams in the upper reaches of the river, causing some concerns among downstream countries and environmentalists.

That the upstream dams are in China has allowed "water diplomacy" to emerge. Vietnam asked China to release water and when China agreed, called the move a "gesture of goodwill". The largest foreign financier and investor in Laos, China has voiced support for Myanmar in its internationally-condemned treatment of Rohingya.

Co-chaired by Cambodian Prime Minister Hun Sen and his Chinese counterpart Li Keqiang, the two-day meeting sought to put the spotlight on the importance of the socio-economic development of the region, particularly as it relates to enhancing the well-being of the people, narrowing the development gap between countries, supporting Asean and its initiatives and advancing South-South Cooperation to further contribute to the implementation of the United Nations 2030 agenda for sustainable development.

When asked if the two schemes overlap or compete politically and economically, Sok Siphana, advisor to the Cambodian government who is in charge of both schemes, said they instead complement each other.

PHNOM PENH: Prime Minister Prayut Chan-o-cha met with other leaders of nations along the Mekong River for the second Mekong-Lancang Cooperation summit, and adopted a five-year plan of action on sub-regional cooperation.

"For Cambodia's part, we seek investment on connectivity, irrigation infrastructure, and projects toward lower energy costs that could attract more investments and create more jobs".

Related News:



Most liked

Ford Edge ST with 335 horsepower set for Detroit Auto Show reveal
The hood has been redesigned to feature a "layering" effect, and non-STs get four chrome grillebars to add visual width. Ford recently announced it has reallocated $7 billion of research & development capital from cars to SUVs and trucks.

Defense, intelligence cooperation with U.S. suspended: Pakistani defense minister
Pakistan is considered the safest and cheapest route to resupply North Atlantic Treaty Organisation troops. The supply lines are officially known as Air Lines of communication or the ground lines of communication.

Joe Arpaio points to political traits he shares with Trump
If I did, I wouldn't know what office to run for", said Arpaio about his response he gave at the time of the question. He also said the president had not asked him to run for the Senate. "I'm not going to go into all the details".

Prepaid Plans Now Give More Data And Longer Validity
This is one of the best implementation from Airtel this year, and this move will undoubtedly match it up with Reliance Jio . However, Jio's initial price advantage was challenged by incumbent competitors like Airtel , which matched its offers.

Fritz Pollard Alliance questions whether Raiders violated Rooney Rule
Davis has long pursued Gruden to be Oakland's head coach, and the Raiders officially announced his hiring on January 6. Gannon played three seasons (1999-2001) for Gruden during the coach's first stint with the Raiders.

US Federal Energy Regulator rejected to subsidize coal and nuclear power plants
The commission issued an order initiating a new proceeding "to holistically examine the resilience of the bulk power system". Powelson, Richard Glick and Cheryl A.

'Darkest Dungeon' Comes To Nintendo Switch On January 18
If you haven't played Darkest Dungeon yet, or even if you have, the Nintendo Switch seems like a flawless fit for it. Congrats to the team on the announcement - we're looking forward to diving back into these dungeons!

State Department increases travel risk for states in Mexico
Mexico as a whole has a level 2 rating, meaning Americans should "exercise increased caution" because of concerns about crime. There was a fall in tourism in the states listed under level four category in the advisory, even before it was released.

Woman found dead in abandoned Subway identified as GSU student
A missing woman was found dead in a Georgia mall where she had been decomposing for about two weeks, authorities said. The Medical Examiner's Officer has not ruled the case as a homicide as details are still being investigated.

Giant recalls orange cream bars, ice cream bars
In addition customers may call Giant Food Customer Service at 1-888-469-4426 for more information or visit the Giant website . Consumers looking for additional information on the recall may call Fieldbrook Foods at 1-800-333-0805 x2270.

Pa. governor declares statewide disaster for opioid epidemic
Yoder said Wolf's announcement "many opportunities for improvement" in the methods for dealing with drug-use and overdose issues. Ramping up the state's toll-free addiction hotline, 1-800-622-HELP, is a big one, she said.

$3.44 EPS Expected for Western Digital Corporation (WDC)
On average, analysts forecast that Western Digital Corporation will post $7.10 earnings per share for the current fiscal year. On Wednesday, August 16 Sivaram Srinivasan sold $263,330 worth of Western Digital Corporation (NASDAQ: WDC ) or 3,098 shares.

Ricky Martin Confirmed He Secretly Married Jwan Yosef
Martin said they exchanged vows , signed prenuptial agreements, and signed all of the relevant papers. A source close to the couple revealed to us: "Ricky and Jwan are such a good match".

Senate Dems' bill would penalize credit reporting agencies for breaches
Had Warren and Warner's bill been in place, Equifax would have been fined more than $1 billion, according to the MA senator. Warren grilled Smith during his testimony, arguing that Equifax was making money from its data breach.

Body of missing fisherman found on Lake Okeechobee
Lucie County Sheriff's Office, Palm Beach Sheriff's Office and Okeechobee Sheriff's Office were involved in the search for Mr. A separate source told BassFan Kayler was found using side-image sonar and a diver was able to retrieve his body.