The Lancang-Mekong Cooperation(LMC)is the first cooperation mechanism led by the six countries situated along the Lancang-Mekong River.Since its establishment,the LMC mechanism has developed smoothly with fruitful achievements.To date,most research on the LMC,by both domestic and foreign academics,has focused on environmental protection and water resource management,but rarely touches upon the area of trade and investment.As facilitation of regional trade and investment helps consolidate the foundation for Lancang-Mekong cooperation,and also serves as an important catalyst for economic development of Lancang-Mekong countries,it is important to accurately grasp the status quo and challenges in this area,in order to better integrate current resources,push industrial upgrade,create uniform market standards,strengthen coordinated development,and increase the sub-region’s overall strength.
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