Growth in Southeast Asia is forecast steady this year and next. Photo: iStock.
Southeast Asia continues to benefit from the rise in global trade and the pickup in commodity prices. It is expected to maintain its 2017 growth rate of 5.2% in both 2018 and 2019, according to the Asian Development Outlook 2018.
The 6th Greater Mekong Subregion Summit of Leaders issued a joint declaration, entitled "Leveraging 25 Years of Cooperation for a Sustainable, Integrated and Prosperous GMS," in Ha Noi, Viet Nam on 31 March 2018.
HA NOI, VIET NAM (31 March 2018) — Asian Development Bank President Takehiko Nakao today congratulated the six member countries at the Summit of the Greater Mekong Subregion on 25 years of successful regional cooperation. He reaffirmed ADB’s continued support to the program, with $7 billion expected over the next 5 years to help the subregion achieve inclusive growth and sustainable development.
The Ha Noi Action Plan 2018–2022 reflects the Greater Mekong Subregion(GMS) Program’s agenda for the remaining 5 years of the GMS Economic Cooperation Program Strategic Framework 2012–2022.
This infographic shows the progress made by the Greater Mekong Subregion in the last 25 years. It also presents strategies and plans in the coming years.
Since 1992, the Greater Mekong Subregion (GMS) program has helped connect countries, enhanced nations’ competitiveness, and bring communities even closer together. By embracing cooperation, the GMS program has helped spawn an extraordinary transformation for the region and its people.
This report discusses how countries in the Greater Mekong Subregion are developing cross-border e-commerce to boost trade and expand markets.
The Greater Mekong Subregion is developing a health cooperation strategy that will improve health system performance in responding to public health threats, strengthen resilience to impacts of regional integration, and enhance human resource capacity to respond to priority health issues in the subregion.
This is the statement issued by the Joint Committee for the Cross-Border Transport Facilitation Agreement during its sixth meeting in Hanoi, Viet Nam on 15 March 2018.
In Ha Noi, the leaders of the six Mekong countries are expected to formally adopt the Ha Noi Action Plan 2018–2022 and the Regional Investment Framework 2022. Photo: iStock.
Leaders of the six countries that share the Mekong River will gather in Viet Nam's capital Ha Noi for the 6th Greater Mekong Subregion (GMS) Summit on 31 March 2018.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
