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is part of the GMS Cross-Border Transport Agreement (CBTA) and represents
the first actual cross-border transport since the “early harvest” arrangement
was reinstated under the CBTA. (Note: Vehicles are permitted to use any roads
specified in the CBTA protocol and can pass through any designated border
crossings. The “early harvest” is based on a memorandum of understanding
signed by the six GMS countries prior to July 2017.)
“The CBTA has significantly streamlined our operations. We can conduct
cross-border transport within the region without the need to change vehicles or
open containers," said Li Sai, manager of the International Multimodal Transport
Division at YCIH Logistics Co., Ltd. The fleet was loaded with export products,
including vegetables and building materials, and in Cambodia and Thailand, it col-
lected agricultural goods such as fruits and coffee for return to China.
th
At the 8 Leaders’ Meeting of the Greater Mekong Subregion (GMS) Econom-
ic Cooperation, participants expressed their commitment to enhancing communi-
cation and aligning development strategies among regional countries. They em-
phasized the importance of maintaining open cooperation, focusing on innovative
development, and expanding practical collaboration in various areas, including
trade, agriculture, connectivity, the digital economy, green development, health-
care, tourism, and cultural exchanges. Participants affirmed their support for
free trade, furthering regional economic integration, and promoting inclusive
and sustainable development among GMS countries, ultimately advancing the
building of a community with a shared future for the region.
Chinese new energy companies are actively collaborating with enterprises
in the Mekong countries to invest in establishing factories in relevant coun-
tries, producing innovative products, and contributing to the sub-region’s
green transformation. In July of this year, the BYD factory in Thailand was
completed, marking the automotive manufacturer’s first establishment in
Southeast Asia. Previously, Chinese battery giant CATL had also announced a
partnership with Thai companies to set up an electric vehicle battery assembly
plant in Thailand.
“China’s technological development in various fields has delivered signifi-
cant benefits to neighboring countries,” said Sheng Long from Cambodia, who
operates a metal processing manufacturing enterprise. “We source our raw ma-
terials, equipment, and technology from China, and some of our collaborations
have been ongoing for ten years.”
“We look forward to further deepening our cooperation with the Lan-
cang-Mekong countries, especially China, to continuously enhance the market
competitiveness of our products,” said Sheng Long.