Regional Energy Corporation

Spotlights

1.BIMST-EC Energy Sector Cooperation

2.ASEAN Energy Sector Cooperation

3.Greater Mekong Sub-region Economic Cooperation

4.Ayeyawaddy-ChaoPhraya-Mekong Economic Cooperation Strategy

Myanmar has become a member of BIMST-EC during December 1997. Since then, Myanmar has actively participated to achieve the goal laid down in the Bangkok Declaration.

At the Second Ministerial Meeting held in Dacca during 1998, Energy Sector was selected as one of the six priority sector for promotion in the BIMST-EC Region.

Myanmar has actively participating in the following Sectors of Cooperation:

	Trade and Investment
	Technology
	Transportation and Communication
	Energy
	Tourism
	Fisheries

Myanmar was welcomed into the Association of South East Asian Nations ("ASEAN") on 23rd July 1997, at the 30th ASEAN Ministerial Meeting held in Subang Jaya, Malaysia. From the time of becoming a fulfleged member of ASEAN, Myanmar has actively participated in both Economic and Functional Cooperations. and thus fulfill its responsibilities and obligations of a member country.

 Myanmar has signed an Agreement on the Establishment of the ASEAN Centre for Energy on 22nd May 1998, together with Brunei Darussalam, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam in Manila, Philippines.

Greater Mekong Sub-region Economic Cooperation

Since the inception of Greater Mekong Sub-region (GMS) in 1992, Energy Sector Cooperation is one of the nine major areas for cooperation in the GMS Program.

The Greater Mekong Sub-region (GMS) consists of Cambodia, the People's Republic of China (PRC), Lao People's Democratic Republic (Lao PDR), Myanmar, Thailand and Vietnam. It has a combined population of nearly 320 million and a contiguous land area of about 2.5 million square kilometers. In 1992, with the assistance of the Asian Development Bank (ADB), the GMS countries met together for the first time and agreed to launch a program of subregional economic cooperation designed to enhance economic  lineages across their borders. The GMS Program has no formal organization like the Association of South East Asian Nations (ASEAN). It covers nine sectors and areas of cooperation, namely: agriculture, energy, environment, human resource development, telecommunications, transport, tourism, trade and investment.

The GMS economic cooperation in energy sector are as follows: -

• Regional Power Interconnection & Power Trade Arrangements
• Subregional Strategy for the Utilization of Natural Gas
• Subregional Strategy for Cooperation in Renewable Energy

Ayeyarwaddy - Chao Phraya - Mekong Economic Cooperation Strategy

The summit meeting on the Economic Cooperation Strategy between the Cambodia, Laos, Myanmar and Thailand (CLMT) was held in Bagan, Myanmar on 11-12 November 2003. The heads of the Government of Laos, Cambodia, Myanmar and Thailand signed the Bagan Declaration of Enhancing Economic Cooperation Strategy (ECS) among CLMT countries.

The Summit agreed to call the agreement as "Ayeyarwaddy - Chao Phraya - Mekong Economic Cooperation Strategy" or ACMECS.

The ACMECS's economic cooperation in five strategic areas are as follows: -

• Trade and Investment Facilitation.
• Agricultural and Industrial Cooperation.
• Transport Linkages.
• Tourism Cooperation.
• Human Resources Development.