Ayeyarwady-Chao Phaya-Mekong Economic Cooperation Strategy (ACMECS)
Ayeyarwady-Chao Phaya-Mekong Economic Cooperation Strategy (ACMECS) comprised four countries namely Cambodia, Lao PDR, Myanmar, Thailand and later Viet Nam. According to the Bagan Declaration signed at the Summit held in Bagan, on 12th November, 2013, tourism cooperation for the implementation of the economic cooperation strategy includes the following:
- to lay down joint strategies for the implementation of the tourism activites among the five ACMECS countries;
- to implement the facilitation of travel among the member countries and other regional countries;
The objectives of this new initiative are to bridge the economic gap among these five countries and to promote prosperity in the sub-region in a sustainable manner. Such prosperity, it is expected, will not only benefit the four countries, but also add value to ASEAN and its solidarity.