Japan commits to assist Cambodia, Laos, Vietnam

Japan remains strong commitment to providing assistance to the Development Triangle Area of Cambodia, Laos and Vietnam (CLV), the Lao newspaper Vientiane Times reported Wednesday.

The commitment was made by Ishikane Kimihiro, deputy head of the Southeast and Southwest Asian Department of Japanese Ministry of Foreign Affairs at the third CLV-Japan working level meeting held in Vientiane.

The meeting was to review the implementation of cooperation activities funded by Japan and draw up future direction to attract more direct investment of Japan to the triangle area, said the newspaper.

Kimihiro said that his country's assistance would contribute to stability and prosperity of the CLV countries in particular and that of Asia in general.

Japan has so far provided 20 million U.S. dollars for development related to the triangle, said Ya Seng, an official from Lao Ministry of Foreign Affairs.

The development triangle area is located in the border areas of the three CLV countries that share many common factors. These include untapped natural resources, potential for economic development and similar socio-cultural conditions.

Source: Xinhua