CLV Parliamentary Summit discusses cooperation to enhance CLV economic connectivity

06/12/2023 11:42
Email Print 6950
ຂປລ (KPL) – A session on enhancing parliamentary cooperation in promoting connectivity among the economies of Cambodia, Laos, Vietnam (CLV) towards sustainable and inclusive development took place in Vientiane, Laos on December 5, as part of the first CLV Parliamentary Summit, Vietnam News Agency reported

(KPL) – A session on enhancing parliamentary cooperation in promoting connectivity among the economies of Cambodia, Laos, Vietnam (CLV) towards sustainable and inclusive development took place in Vientiane, Laos on December 5, as part of the first CLV Parliamentary Summit, Vietnam News Agency reported.

Opinions at the event stressed that since the launch of the CLV Development Triangle Area initiative in 1999, the three countries have signed numerous important cooperation agreements covering various areas such as economy, investment, trade, customs, transportation, culture, education and training, thus facilitating the smooth flow of goods, people and vehicles across the borders.

The three legislatures have made efforts to fine-tune laws, policies and mechanisms to ensure a full legal framework for promoting economic connectivity, they said.

The Vietnamese delegation suggested that the three national assemblies should promote coordination through annual or ad-hoc exchanges and discussions when necessary, hold high-level parliamentary conferences periodically with substantial and effective cooperation contents, and enhance the role of lawmakers, especially those from the border provinces in the CLV development triangle area.

They also proposed building favourable mechanisms concerning administrative procedures, taxes and land access to attract investment, especially in hi-tech projects; issuing policies conducive to investment connectivity and upgrade of infrastructure at the three countries' border gates; developing the private sector into a growth engine of the area.

The Governments of the three countries should pool resources for rapid and sustainable development of their economies, strengthen connectivity and effectively roll out programmes and projects in the development triangle area, particularly those related to education-training, transportation, clean and renewable energy, and digital connectivity, the Vietnamese delegates said.

Representatives from ministries, agencies and localities suggested that the three legislatures conduct annual thematic supervisory activities regarding the realisation of connectivity targets towards sustainable and inclusive development. They highlighted the need to enhance representation for citizens, convey the public voices in monitoring State activities, and further facilitate citizens and communities' involvement in the process of building laws and policies.

 

KPL

ຂ່າວອື່ນໆ

    • 12-Storey Lao Center Marks City MilestoneEconomics

      12-Storey Lao Center Marks City Milestone

      3/20/2026 9:55:28 PM

      A significant milestone has been reached in one of Laos’ most ambitious property developments, as the 12-storey auxiliary building of the Lao Center Project officially opens its doors to the public.

    • Champassak Launches Free Bus Service in Pakse to Combat Fuel CrisisEconomics

      Champassak Launches Free Bus Service in Pakse to Combat Fuel Crisis

      3/17/2026 8:49:28 PM

      In a direct response to soaring fuel prices and supply shortages, the Champassak Provincial Department of Public Works and Transport officially launched a free public bus service within the Pakse municipal area on 17 March 2026. The inauguration ceremony, held at the Provincial Administration Office, was presided over by Mr Souksavanh Vilayvong, Chairman of the Champasak Provincial Administration Committee, and Mr Sitthiphone Bouttivong, Director of the Department of Public Works and Transport.

    • Laos, Hong Kong Discuss Promoting Investment CooperationEconomics

      Laos, Hong Kong Discuss Promoting Investment Cooperation

      3/11/2026 8:01:11 PM

      A delegation from the Ministry of Finance of the Lao PDR, led by Mr. Santiphab Phomvihane, Minister of Finance, held discussions with Invest Hong Kong (InvestHK) of the Hong Kong Special Administrative Region of the People’s Republic of China to exchange experiences in promoting domestic and foreign investment.

    • Lao Eco Motor Expo 2026 Opens in VientianeEconomics

      Lao Eco Motor Expo 2026 Opens in Vientiane

      3/11/2026 10:35:15 AM

      The Lao Eco Motor Expo 2026 officially opened at the Lao-ITECC Exhibition Center in Vientiane on the evening of March 10, 2026.

    • Pinim Pro Wins Two Outstanding MSME Awards at Lao MSMEs Expo 2026Economics

      Pinim Pro Wins Two Outstanding MSME Awards at Lao MSMEs Expo 2026

      3/4/2026 4:16:10 PM

      The Pinim Pro Co., Ltd., a leading event management and marketing communications company in the Lao PDR, has been honored with two prestigious awards at the Lao MSMEs Expo 2026, underscoring its strong contribution to business excellence and social development.

ads
ads

Top