GMS in the News

ADB’s new partnership strategy for Viet Nam is anchored on the recognition that the country needs tailor-made solutions to best meet its development challenges. Photo by ADB. 

ADB Launches New Country Partnership Strategy for Viet Nam

The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Viet Nam covering the period 2023–2026. The strategy will help promote inclusive, green, and private sector-led development in Viet Nam and build a foundation for the country to achieve its goal of becoming upper middle-income by 2030.

Bavet Checkpoint: Moc Bai, Vietnam / Bavet, Cambodia on Route 1 to Phnom Penh. 2011 Gerhard Jörén/ADB.

GMS Member Countries Look Forward to Setting the ‘Early Harvest’ Implementation of the CBTA Back on Track

GMS member countries are looking forward to setting the ‘Early Harvest’ Implementation of the Cross-Border Transport Facilitation Agreement (CBTA) back on track. This was emphasized by the GMS countries at the Subregional Transport Forum (STF-25) of the GMS Program held on 14 June 2022. 

Photo by Kaikeo Saiyasane via Xinhua

PRC-Lao PDR Railway Launches Freight Transit Yard to Boost Transshipment of Goods to Thailand

A freight transit yard where cargo is transferred for transshipment has been put into operation by the People’s Republic of China (PRC) – Lao People’s Democratic Republic (Lao PDR) Railway on 1 July 2022 at the Vientiane South Station.  The freight yard promises to boost the PRC-Lao PDR railway’s logistics, improving the link between the railways of PRC-Lao PDR and Thailand.  

7th Mekong–Lancang Cooperation Adopts Joint Statements on Cooperation in Agriculture and Trade Facilitation

Foreign ministers of Mekong–Lancang Cooperation member countries vowed to strengthen their cooperation in economic integration, agriculture and food security, green development, innovation, public health and people-to-people exchanges, at the 7th Mekong - Lancang Cooperation meeting. 

The meeting adopted four joint statements on strengthening agricultural cooperation, disaster prevention, customs and trade facilitation, and exchanges between MLC civilizations. 

Photo by Kaj17 via Flickr. (CC BY-NC-ND 2.0)

Guangxi Opens Ports for Cross-border Trade

The Guangxi Zhuang Autonomous Region (GZAR) of the People’s Republic of China (PRC) has opened seven highway ports and one railway port for cross-border cargo with normalized customs clearance processes. Statistics from the GZAR’s Department of Commerce reported that 3,344 vehicles entered and exited through Guangxi’s border highway ports during the May Day holiday in 2022. The May Day holiday is one of the peak travel times in the country.   

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