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Mekong-Japan economic ministers agree to increase cooperation

(Xinhua)

10:03, August 31, 2012

SIEM REAP, Cambodia, Aug. 30 (Xinhua) -- Economic Ministers of Mekong countries and their Japanese counterparts on Thursday agreed to add more development projects in the Mekong-Japan Economic and Industrial Cooperation Initiative (MJ-CI) Action Plan, according to a joint statement issued at the 4th Mekong-Japan Economic Ministers' Meeting.

The meeting was co-chaired by Tin Naing Thein, minister for Myanmar's National Planning and Economic Development, and Yukio Edano, Japanese Minister of Economy, Trade and Industry, and attended by economic ministers and representatives from Cambodia, Laos, Thailand and Vietnam as well as ASEAN Secretary General Surin Pitsuwan.

The ministers agreed to additionally incorporate several projects into the MJ-CI Action Plan such as organizing seminars and workshops for Free Trade Agreement utilization, improving power grid interconnection in the Mekong Region and developing power plants in Cambodia, Laos and Myanmar, developing Special Economic Zones and establishing an industrial development strategy for Mekong countries, said the statement.

The MJ-CI Action Plan was adopted at the 2nd Mekong-Japan Summit in 2010, by prioritizing those projects with strong business needs for Mekong countries and Japan.

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