Wednesday, November 26, 2008

Minites the second meeting of the joint coordination committee on the Cambodia - Laos - Vietnam development triangle

1. The 2nd Meeting of the Joint Coordination Committee on the Cambodia- Laos-Vietnam Development Triangle (herein-after referred to as the CLV Joint Coordination Committee) was held on 19 February 2008 in Sihanoukville, Cambodia. The Meeting was co-chaired by H.E. Dr. Cham Prasidh, Senior Minister, Minister of Commerce of the Kingdom of Cambodia, Chairman of the Coordination Committee for Cambodia; H.E. Mr. Soulivong Daravong, Minister of Planning and Investment of the Lao People's Democratic Republic, Chairman of the Coordination Committee for Laos; and H.E. Mr. Vo Hong Phuc, Minister of Planning and Investment of the Socialist Republic of Vietnam, Chairman of the Coordination Committee for Vietnam.
The lists of delegates of Cambodia, Laos and Vietnam appear as Annex 1, 2, 3 respectively.
2. H.E. Dr. Cham Prasidh, Senior Minister, Minister of Commerce of the Kingdom of Cambodia welcomed the delegation of Lao PDR and Vietnam SR through providing the opening remarks. H.E. Mr. Soulivong Daravong, Minister of Planning and Investment of the Lao PDR and H.E. Mr. Vo Hong Phuc, Minister of Planning and Investment of Vietnam provided remarks, which appear as Annex 4, 5 and 6 respectively.
3. The Ministers discussed the following issues: (i) the joint progress report of Sub-Committees; (ii) the preparation for the formulation of the special preferential incentives and policies for the Development Triangle Area; (iii) the recommendations of the 2nd Trade and Investment Conference held on 16-17 February 2008 in Sihanoukville, Cambodia; (iv) the result of 2nd CLV Plus Japan Working Level Meeting and the result of the Meeting of the Japan-Mekong Foreign Ministers held on 16 January 2008 in Japan; (v) the preparation for the 3rd CLV Plus Japan Working Level Meeting; and (vi) the preparation for the 5th CLV Summit on Development Triangle. The Meeting agenda appears as Annex 7.
4. The Ministers reiterated the appreciation of the inherent and traditional friendship and multi-faceted cooperation among the people of the CLV countries, which serve as an important foundation for stability and development of each country, as well as for implementing the decision of the three Prime Ministers of Cambodia, Laos and Vietnam at the 4th Summit held on 4-5 December 2006 in Da Lat, Vietnam, in accelerating the establishment of the Development Triangle.
5. The Ministers expressed appreciation on the progress made by the Economic Sub-Committee and Social & Environmental Sub-Committee in cooperation the areas of economics, investment, trade facilitation, road connection, environment, education and health of which joint report of the Sub-Committees of the three countries appears as Annex 8.
6. The Ministers appreciated the work done on preparation of special preferential policies for the Triangle Development Area. The Ministers agreed that the Joint Technical Team should convene its meetings as soon as possible to finalize the special preferential policies for facilitating trade and investment activities in the Triangle Area of the three countries and the arrangement must be submitted to the next JCC meeting. The joint report on the preparation of special preferential incentives and policies appears as Annex 9.
7. The Ministers emphasized the need for development of the Triangle Area by giving the priority to:
(i) mobilize internal resources of each country and to attract investment into the Development Triangle Area;
(ii) formulate special preferential policies for the Development Triangle Area;
(iii) simplify procedures to facilitate the flows of goods and people in the Development Triangle Area.
8. The Ministers expressed the need to expedite the concretization of the Master Plan on the Development Triangle Area into annual and periodical plans and programs. The Ministers welcome the coordinating role of Vietnam to host the meeting in Vietnam in 2008, to concretize and review the implementation of the Master Plan.
9. The Ministers welcomed the outcome of the 2nd Trade and Investment Conference, held from 16-17 February 2008 in Sihanoukville, Cambodia and endorsed the recommendations of the Conference on jointly organizing roadshows to call for ODA and FDI in the Development Triangle Area. The Ministers gave the priority to the organization of such roadshows in Japan, Republic of Korea and other countries.
10. The Ministers discussed the joint report on the outcome of 2nd CLV plus Japan Meeting and the Japan-Mekong Foreign Ministerial Meeting and expressed their appreciation to the Japanese Assistance for funding CLV projects worth US$ 20 million, which will be implemented in 2008. The Ministers encouraged each country to coordinate with Japan and expedite the internal procedures to get funding and to prepare the new projects for the 3rd CLV plus Japan Working Level Meeting. The Ministers have also exchanged views and experiences on the mechanism for project implementation. The Ministers agreed that each country shall keep regular consultation and exchange of information on the progress in execution of the programs and the results of project implementation. The joint report on the outcome of the 2nd CLV plus Japan Working Level Meeting and the Japan-Mekong Foreign Ministerial Meeting appears as Annex 10.
11. The Ministers agreed that the Lao PDR will be the host country for the next JCC, Sub-Committees and CLV plus Japan Working Level and the Joint Technical Team meetings. The date and venue will be coordinated through diplomatic channels. In this regard, the Lao PDR will play the significant role to collaborate and coordinate with CLV countries as well as development partners.
12. Chairmen of the Coordination Committees of Laos and Vietnam expressed their sincere thanks and high appreciation to the Kingdom of Cambodia and the Coordination Committee of Cambodia for the warm hospitality and excellent arrangements of the 2nd Joint Coordination Committee Meeting held in Sihanoukville, Cambodia.
13. Done in three original copies in English, on 19 February 2008, in Sihanoukville, Cambodia.
Chairman of the Coordination Committee of the Kingdom of Cambodia
Cham Prasidh
Senior Minister
Minister of Commerce




Chairman of the Coordination Committee of the Lao People's Democratic Republic
Soulivong Daravong
Minister of Planning and Investment
Chairman of the Coordination Committee of the Socialist Republic of Vietnam
Vo Hong Phuc
Minister of Planning and Investment

Source: Foreign Economic Relations Department


Source: clv-triangle.vn

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