October 20, 2017

Myanmar hosts CLMV’s “Four Countries, One Destination” conference in Yangon

Tourism ministers and senior officials posing for a group photo at the Four Countries, One Destination Conference.
Tourism ministers and senior officials posing for a group photo at the Four Countries, One Destination Conference.

THE “Four Countries, One Destination” conference kicked off in Yangon yesterday under the theme of “connecting tourism and expanding cooperation in the banking sector” between Cambodia, Laos, Myanmar and Viet Nam.
The conference was jointly organised at the Melia Hotel by the Ministry of Hotels and Tourism, the Central Bank of Myanmar, the Bank for Investment and Development of Viet Nam (BIDV) and the Hoang Anh Gia Lai (HAGL) Corporation.
At the meeting the central banks of Myanmar and Viet Nam discussed ways to promote technical cooperation in monetary policies, financial markets and banking regulations.
The conference was followed by a meeting of senior officials of the banks from the four countries. They discussed how to enhance the capacity and efficiency of their banking services. They also submitted the outcomes of the meeting to their respective governments.
In the afternoon senior officials of CLMV tourism industries discussed the connectivity aspects of tourist destinations and the development of tourism. They also worked on the preparation of a joint statement regarding the theme of “Four Countries, One Destination”. They will submit a report of their findings to the meeting of tourism ministers.
The meeting also focused on closer cooperation in air, land and sea transportation connectivity between CLMV countries, itinerary documentaries about tourist destinations and the promotion of tourism links with Japan and South Korea.
The CLMV meeting of tourism ministers took place with an opening address by Union Minister U Ohn Maung. The ministers coordinated the release of a joint statement addressing “Four Countries, One Destination”.
Similarly, governors of CLMV Central Banks met to discuss the expansion of cooperation in the banking sector among the four countries.
Myanmar hosted the two-day conference with the aim of promoting cooperation in tourism and the banking sectors with an eye to inviting more foreign investment.

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