Economic Cooperation In The Greater Mekong Subregion

Differentiated cooperation and GMS cooperation provide a theoretical model and practical example to coordinate the relationship and to promote economic and political cooperation between large and small states for the purpose of economic, political, and social development on the national, regional, and international stages.

The Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030 (GMS-2030) aims to strengthen regional cooperation and integration in critical areas. GMS-2030 builds upon recognized strengths with a project-led approach that will benefit the community, support connectivity, and improve competitiveness. It also emphasizes the challenges of the coronavirus disease and aims to ensure that government strategies are conducive to a robust recovery in the medium term and beyond. Based on decades of success and program experience, GMS-2030 provides continuity, but will be updated, as necessary, to reflect evolving global or regional forces that may impinge on GMS development prospects.

Since 1992, the Asian Development Bank (ADB) has assisted in a program of subregional economic cooperation based on complementary activities of Cambodia, Laos, Myanmar, Thailand, Viet Nam, & the Yunnan Province of China. The program has been directed to seven areas of cooperation: transport & energy, human development, tourism, environment & natural resources, trade & investment, telecommunications. Contains an overview of the ADB program, & presents the proceedings of the 5th Conference on Economic Cooperation in the Greater Mekong Subregion, including the final reports of five sectors examined at the conference.