Integration a priority

When deciding what aspects of their economies to prioritise to grow their economies, ASEAN’s less developed countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), should look to the organisation’s oldest members (the ASEAN-6) for guidance, according to a joint statement following the fourth CLMV Economics Ministers’ Meeting. As 2015 and the realisation of the ASEAN Economic Community (AEC) draws near, narrowing the development gap is a goal that would benefit all members, as it would help ensure the success of the economic confederation, the statement added.  … According to the CLMV’s joint statement, the CLMV ministers said they did agree on the importance of the integration for the CLMV countries into ASEAN, in order to sustain projected growth. They also endorsed the CLMV Action Plan 2013, which includes 15 priority activities on economic-trade, human resource development, and a co-ordination mechanism.  …

http://www.phnompenhpost.com/index.php/2012082958333/Business/integration-a-priority-for-asean.html