"Mekong region premiers meeting in Laos on March 31 pledged to strengthen transport, power and telecom links between their six countries, saying closer integration will boost trade and development. The prime ministers of China, Thailand, Vietnam, Cambodia, Myanmar and Laos vowed to 'deepen our economic cooperation and integration efforts,' at their Vientiane summit with the Asian Development Bank (ADB).
They also pledged, in a joint declaration after their closed-door meetings, to jointly tackle 'the emergence of health risks, human and drug trafficking, and growing environmental threats, including those posed by climate change.' [Agence France Presse (03/31)/Factiva]
AFX notes that "China and its neighbors in the Greater Mekong Sub region (GMS) have agreed on a five-year plan to spur growth, environmental protection and social development in the region, the Asian Development Bank said.
Under the plan, the six countries will accelerate the construction and improvement of transport corridors in the Mekong region, including a rail link between Singapore and Kunming, the capital of southwest China's Yunnan province. ..." [AFX (03/31)/Factiva]
In an interview with Xinhua, ADB President Haruhiko Kuroda "...highly praised the fruitful gains GMS economic cooperation had achieved since it was initiated in 1992, especially in the fields of transport facilitation, connectivity, power, trade and water usage. ...Economic competitiveness is being improved through better infrastructure links, which also can protect biodiversity and ecosystems. ..." [Xinhua (03/30)/Factiva]
Source: World Bank Press Review for March 31, 2008