News Releases

About 80 major private sector companies from Japan and other East Asian countries are expected to participate in the 2nd Mekong Development Forum (MDF) in Tokyo on 14-15 July.

ADB has increased its lending rates for US dollar pool-based loans and reduced rates for Japanese yen pool-based loans.

The Prime Ministers of the six countries sharing the Mekong River today approved a critical initiative to set up conservation corridors connecting important biodiversity areas in the subregion.

The governments of six countries sharing the Mekong River today signed a Memorandum of Understanding (MOU) on the Guidelines for the Implementation of the Regional Power Trade Operating Agreement (RPTOA) Stage 1.

The Heads of Government of the Kingdom of Cambodia, the People's Republic of China, the Lao People's Democratic Republic, the Union of Myanmar, the Kingdom of Thailand and the Socialist Republic of Viet Nam, met in Kunming, China for the Second GMS Summit.

Six countries sharing the Mekong River today took a significant step toward controlling transboundary animal diseases by signing an agreement to establish a subregional animal diseases prevention and control system.

Telecommunications operators and government telecommunications agencies from the six countries sharing the Mekong River today signed a Memorandum of Understanding (MOU) to cooperate in planning and construction of the GMS Information Superhighway Network (ISN). It was a follow-up to the signing of the MOU among the governments of six countries on the joint cooperation in the construction of the ISN in December 2004.

Prime ministers of six countries sharing the Mekong River concluded their two-day Summit meeting today by issuing the Kunming Declaration that renews their commitment to achieve an integrated, harmonious and prosperous subregion through forging stronger partnerships.

Mekong countries today took a major step forward to opening their borders by agreeing to implement trade facilitation measures, including single-stop inspection at key frontiers.

The Greater Mekong Subregion (GMS), comprised of six countries sharing the Mekong River, provides tremendous business opportunities for the private sector, ADB Vice-President Liqun Jin told the opening ceremony today of the Forum on Business Participaton in GMS Cooperation.