Cambodia to host the 9th Acmecs Summit in 2020

PHNOM PENH (Rasmei Kampuchea Daily/ANN) - Cambodia has officially received the chairmanship of the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit by 2020, according to the statement released in Cambodian Premier's official Facebook this afternoon.

Cambodia's PM Hun Sen official received this chairmanship after the 8th ACMECS leaders concluded their summit in Bangkok, Thailand this morning, it added.

PM Hun Sen expressed his commitment to further tighten the relationship and friendship, good neighborhood to promote peace, regional stability, and development.

According to the statement, PM Hun Sen said, ACMECS will mainly focus on  the mitigation of the development gap in the region and poverty, realizing the sub-regional food security and energy, the development of the tourism and infrastructure, promoting on environmental protection, strengthening the industrial manufacturing  chains, and to improve the welfare of the people in order to promote cooperation ACMECS  to step up to another level, as well as to drive the  speed of socio-economic development of ACMECS countries.

To achieve these goals, Cambodia will promote the effective implementation of the Bangkok Declaration, particularly, the ACMECS 2019-2023 plan, with some pillars, including smooth connectivity, smart and sustainable ACMCS, he added.

At the same time, Cambodia will continue to push forward the implementation of the Hanoi Declaration, as well as other statements, including projects and initiatives that are being implemented both bilaterally and multilaterally, he added.

"In addition, we must continue to work hard to mobilize resources and encourage development partners to provide technical assistance and financing to implement key priority projects in line with the plan", he added.

According to PM Hun Sen, ACMECS 2019-2023 Plan will focus on broader opportunities for the private sector's role and involvement in the implementation of ACMECS priority projects.

ACMECS was initiated at the special ASEAN Summit on SARS, held in Bangkok on April 29, 2003 by Thailand Prime Minister Thaksin Shinawatra.

Later it this was raised the idea of establishing what was then called the “Economic Cooperation Strategy, with leaders of Cambodia, Lao PDR and Myanmar".

The objectives of this new initiative are to bridge the economic gap among the four countries, and to promote prosperity in the sub-region in a sustainable manner. Such prosperity will not only benefit the four countries, but also add value to ASEAN and its solidarity. Stronger Cambodia, Lao PDR, Myanmar and Thailand will also mean stronger ASEAN. It is in this way that the new cooperation framework will act as a building block and move ASEAN forward at a more even pace, on the basis of self-reliance and shared prosperity.

Leaders of Cambodia, Lao PDR, Myanmar and Thailand met for the first time on 12 November 2003 in Bagan, the Union of Myanmar. Then Vietnam jointed the group on May 10, 2004 therefore it has made ACMECS with 5 member countries.

ACMECS will act as a catalyst to build upon existing regional cooperation programs and complement bilateral frameworks with a view to transform the border areas of the five countries into zones of economic growth, social progress and prosperity, and to blend local, national and regional interests for common benefits, shared prosperity, enhanced solidarity, peace, stability and good neighborliness.

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