Tag Archives: Vietnam

Commentary: Lancang-Mekong cooperation offers new opportunities

   BEIJING, March 23 (Xinhua) — The first leaders’ meeting of the Lancang-Mekong Cooperation mechanism (LMC) in Sanya, China, is expected to provide political guidance and a roadmap for subregional cooperation between China and the five Southeast Asian nations of Cambodia, Laos, Myanmar, Thailand and Vietnam.

The LMC mechanism was initiated in 2014 in accordance with the strong will of the six countries along the river for development and prosperity.

The LMC is a self-initiative of the six countries and is tailored to their specific needs.

Compared with other cooperation mechanisms, the LMC is more practical, more effective and more in line with people’s aspirations.

With the step-by-step implementation of the LMC mechanism, one-day rail travel along the Lancang-Mekong region will become reality as lines of the Pan-Asia Railway network are under construction.

The mechanism will not only facilitate the movement of people and goods between those countries, but also speed up the region’s development as a whole.

Since the LMC mechanism was proposed by Chinese Premier Li Keqiang in November 2014, three meetings of senior officials, three meetings of the working teams, as well as a foreign ministers’ meeting have been held to launch the dialogue and cooperation. Agreement has been reached on 78 early-harvest projects covering water resource management, poverty alleviation, public health, infrastructure, personnel exchanges, science and technology.

The LMC mechanism has three pillars — political and security issues, economic affairs and sustainable development, and social affairs and people-to-people exchanges.

With consensus and strong will of the six countries, the LMC mechanism is showing tremendous potential.

Apart from the six countries, the LMC mechanism is also conducive to the strengthening of cooperation between China and the Association of Southeast Asian Nations (ASEAN) and lend a helping hand to the regional bloc’s integration.

“The Lancang-Mekong Cooperation mechanism comes as a natural result of our existing cooperation, and will take full advantage of our geographic proximity, traditional friendship and complementary economies,” Li told the Sanya meeting on Wednesday.

Li said China firmly supports ASEAN’s integration and the LMC will supplement China-ASEAN relations.  Enditem

 

China, Vietnam agree on feasibility study of railway project

HANOI, Nov. 6 (Greenpost) — China and Vietnam reached an agreement on studying the feasibility of a railway program during Chinese President Xi Jinping’s state visit to the country.

The two countries signed a document on studying the feasibility of the railway project connecting Hanoi-Lao Cai-Hai Phong in northern Vietnam, according to a joint communique issued on Friday.

China and Vietnam have been in close contact on infrastructure cooperation projects and the deal can also be regarded as a model for win-win cooperation between the two countries as they have called for an alignment between China’s Belt and Road initiative and Vietnam’s “Two Corridors and One Economic Circle” plan.

The Belt and Road initiative, namely the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was unveiled by the Chinese President in 2013 with the aim of reviving the ancient trade routes. Enditem

Source   Xinhua

Editor  Xuefei Chen Axelsson