Greater Mekong Subregion countries to boost transportation connectivityGreater Mekong Subregion (GMS) countries have reached an agreement on the implementation of a cross-border transport facilitation agreement (CBTA). GMS member countries sign a Memorandum of Understanding on the "Early Harvest" of the GMS-CBTA Agreement, which will be implemented from June 2018. With the support of the ADB as well as the efforts of each country, the transportation infrastructure has improved, essentially meeting the demand for the socio-economic development of GMS countries, according to the minister. The Early Harvest will be subjected to annual review by the joint committee, the statement says. Myanmar will join the Early Harvest CBTA implementation with neigbouring countries during a grace period that will last until June 1, 2020.

Source: VietNamNet News March 16, 2018 12:00 UTC