Mekong Leaders Envision a Shared, Prosperous Future

Published
12 Sep 2018
2018
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Fon Mathuros, Head of Media, World Economic Forum: Tel.: +41 (0)79 201 0211; Email: fmathuro@weforum.org

· The Mekong region, comprised of five countries – Viet Nam, Cambodia, Thailand, Lao PDR and Myanmar – is home to 240 million people and accounts for a combined GDP of $800 billion.

· Heads of state across the Mekong region unanimously reiterated a vision of the vital waterway or economic “bloodline” and one that prioritises complementarity over competition

· Future connectivity in technology, energy and digital technology can be used not only to drive growth, but also to be harnessed for innovative solutions to challenges, such as cross-border natural disasters

· For more information about the meeting: http://wef.ch/asean18

Ha Noi, Viet Nam, 12 September 2018 At the World Economic Forum on ASEAN, the heads of state of the five member countries of the Mekong region – Viet Nam, Cambodia, Lao PDR, Thailand and Myanmar – affirmed their commitment to shared prosperity and peace.

Addressing participants, Nguyen Xuan Phuc, Prime Minister of Viet Nam, said that with a shared history and culture, the Mekong countries envision a joint, interconnected future, and one agile enough to adapt to global shifts.

“We can no longer depend just on natural resources,” said the prime minister, “But on innovation, reform, creativity and those new forms of connectivity that will help the Mekong countries connect in a more dynamic way and create a economic driver for our countries.”

Highlighting the place of the Mekong countries within the ASEAN regional bloc, the prime minister said ASEAN’s principles of “unity in diversity” are also clearly reflected in the Mekong framework: “We have differences in our starting points and history, but our common vision is peace, stability and integration. Now, especially with the advent of the Fourth Industrial Revolution, connectivity and sustainability are also very important.”

“In Thailand, we believe water is the essence of life, so the Mekong is the main bloodline for our five nations,” said Prajin Juntong, Deputy Prime Minister and Minister of Justice of Thailand, “It will bring a beautiful environment and rich resources, create a good livelihood and contribute to better sustainability.”

Combined, the Mekong countries have a GDP of $800 million. If it were one country, the Mekong region would be the sixth-biggest country in the world and a member of the G20. Yet despite its significant potential, inter-Mekong trade remains low at just 8% and there are concerns that similar exports, such as rice, could create fierce competition among the five countries.

However, Aung San Suu Kyi, State Counsellor of Myanmar, stressed that Mekong countries are focused more on complementarity than competition. “I think we could work together and not just make this a commercially, economically vibrant region, but a region that could be a lesson in how we make our complementarities and common challenges strong, to keep things together, and even to make our competition a healthy kind, which will help us to progress,” expressed Suu Kyi.

Discussing physical connectivity in the energy space, Thongloun Sisoulith, Prime Minister of the Lao People's Democratic Republic echoed the shared Mekong framework, saying the economic “bloodline” should be both utilized and protected.

“We should protect the river and think about sustainability, where all member countries protect the environment and we develop it together,” he said, “We should not think that one country is trying to use the river for its own interests only.” The recent dam collapse, he admitted, means that any future construction will require careful planning and design, and assistance from both regional and international stakeholders.

Beyond physical connectivity in terms of water, energy, transport and people, Samdech Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, stressed the need for innovative solutions to shared future challenges.

“We have to catch up, I see that for our Mekong countries, the important thing is the connectivity in order to guarantee that all our countries get together in a convenient way, physically and digitally,” he said. In the event of a natural disaster such as a regional flood, he noted, countries such as Cambodia, Viet Nam and Thailand should have agreements in place to deal with cross-border management, encompassing telecommunications and emergency evacuation plans.

Towards that goal, Prime Minister Nguyen Xuan Phuc said transformational changes are underway: Viet Nam, Lao PDR and Cambodia, for example, all share a flat roaming rate for telecommunications.

The challenge, noted Suu Kyi, is ensuring that increased connectivity is empowering.

“Is the Fourth Industrial Revolution going to bring us closer together, or to drive us further apart?” she asked, “I am confident the Mekong countries will take the path to bring us closer together, because we have shared cultural values and historical experiences and that has helped us to generate empathy, and understand each other.”

Notes to editors

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All opinions expressed are those of the author. The World Economic Forum Blog is an independent and neutral platform dedicated to generating debate around the key topics that shape global, regional and industry agendas.

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