The New International Land-Sea Trade Corridor(ILSTC),launched under the Belt and Road Initiative(BRI),is a trade and logistics passage that promotes the connectivity and cooperation between China’s western region and ASEAN countries,and synergizes the BRI’s two components of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.1 At the third Lancang-Mekong Cooperation(LMC)Leaders’Meeting in August 2020,Chinese Premier Li Keqiang proposed the synergy between LMC and the ILSTC,2 which would further expand trade and cooperation on connectivity and promote coordinated development.
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