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The Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030 (GMS-2030) aims to strengthen regional cooperation and integration in critical areas. GMS-2030 builds upon recognized strengths with a project-led approach that will benefit the community, support connectivity, and improve competitiveness. It also emphasizes the challenges of the coronavirus disease and aims to ensure that government strategies are conducive to a robust recovery in the medium term and beyond. Based on decades of success and program experience, GMS-2030 provides continuity, but will be updated, as necessary, to reflect evolving global or regional forces that may impinge on GMS development prospects.
The North–South Economic Corridor (NSEC), one of the priority economic corridors under the Greater Mekong Subregion (GMS) Economic Cooperation Program, was designated as a GMS flagship initiative in 2002. Efforts have been taken since then to develop NSEC but these were pursued mainly on a project-by-project basis. Consultations in NSEC countries were started in the last quarter of 2007 to initiate a holistic approach to the development of NSEC. The strategy and action plan for NSEC is the product of these and subsequent consultations with government officials, representatives of the private sector, and other stakeholders in these countries. Besides providing a vision and framework for developing NSEC, this strategy and action plan is aimed at improving coordination, ensuring effective implementation, and helping the mobilization of resources and the broadening of support for NSEC development. The strategy and action plan for NSEC was endorsed at the 15th GMS Ministerial Conference held in Cha-am, Petchburi Province, Thailand on 17–19 June 2009.
The Greater Mekong Subregion (GMS) Economic Cooperation Program will begin its third decade in 2012. Since its inception, the program has achieved noteworthy successes in fostering cooperation in a region that, at the commencement of the program, was emerging from a period of prolonged conflict. The program has built a reputation as a flexible, results-oriented, project-delivering vehicle for promoting regional cooperation and contributing to economic growth and poverty reduction as well as to the provision of regional public goods. Increased recognition of the benefits of regional cooperation is manifested in the evolution of regionalism both in Asia and more broadly. New institutions have emerged while others have become more vigorous. Within this context of evolving regionalism, the GMS Program remains highly relevant. The start of a new decade is an opportune time for the GMS Program to assess its achievements and develop this new strategic framework for 2012–2022. The new strategic framework builds on the substantial progress the program has made and the likely global and regional trends. It also builds on the commitment that member countries have made in their national development plans to the promotion of regional integration, and will guide the efforts of member countries to steer the program during the new decade to the next level in terms of results.
The large market size and abundant resources of the Greater Mekong Subregion (GMS), including a large, motivated and cheap workforce, a rich agricultural base, extensive timber and fisheries resources, considerable potential mineral resources, and vast energy resources have seen the subregion increasingly recognized as a new frontier of Southeast Asian economic strength. This book aims to assess the recent economic, social and political developments in the GMS and identify emerging opportunities and challenges facing the successful transition towards a market-driven economy. The countries of the GMS are at a critical juncture where subregional efforts and cooperation must be made to fully address the rapidly evolving issues that are vital to appropriate policy formation, yet which remain widely debatable. The deliberations here shed light on the development stages and offer policy recommendations for pushing forward subregional cooperation.
Differentiated cooperation and GMS cooperation provide a theoretical model and practical example to coordinate the relationship and to promote economic and political cooperation between large and small states for the purpose of economic, political, and social development on the national, regional, and international stages.
The Greater Mekong Subregion COVID-19 Response and Recovery Plan 2021–2023 complements the national recovery plans of the GMS countries, which aims to facilitate regional cross-border cooperation. The focus is on human and animal health to prevent the spread of diseases along with additional support for vulnerable and returning migrants and assistance in reestablishing economic activities. It represents a project implementation mechanism for the Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030.
The Greater Mekong Subregion COVID-19 Response and Recovery Plan 2021-2023 complements the national recovery plans of the GMS countries, which aims to facilitate regional cross-border cooperation. The focus is on human and animal health to prevent the spread of diseases along with additional support for vulnerable and returning migrants and assistance in reestablishing economic activities. It represents a project implementation mechanism for the Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030.