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5th Greater Mekong Subregion summit kicks off

Heads of government of the Greater Mekong Subregion countries are gathering in Bangkok for the fifth summit of the GMS Economic Cooperation. A leaders’ declaration and an investment framework plan for 2014 to 2018 are expected to be passed.

The leaders held a plenary session in the morning of Dec 20, discussing issues of cooperation and the need to promote connectivity and competitiveness in the GMS community. They are seeking greater cooperation in key economic areas including cross-border trade, energy policies and transport infrastructure, such as roads and railways, worth more than $50 billion.

Premier Li Keqiang attended the summit for the first time and gave a keynote speech. Li said he looks forward to deepening regional trade and economic cooperation, and promoting innovation in industrial cooperation. The GMS Economic Cooperation Program was started in 1992 by six countries along the Mekong River, including Cambodia, China, Laos, Myanmar, Thailand and Vietnam.