Launching ceremony of 6th LMC special fund projects held in Myanmar's Nay Pyi Taw

Updated: November 24, 2023 Source: Xinhua News Agency
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YANGON, Nov. 24 (Xinhua) -- The launching ceremony of the sixth Lancang-Mekong Cooperation (LMC) special fund projects was held at the Ministry of Agriculture, Livestock and Irrigation in Nay Pyi Taw, Myanmar on Thursday.

Present on the occasion were the Union Minister for Agriculture, Livestock and Irrigation U Min Naung, Head of Chinese Liaison Office in Nay Pyi Taw Zhang Zhonghua, and officials from the Ministry of Foreign Affairs and international organizations, among others.

The union minister said at the ceremony that the projects being carried out with LMC special funds have been implemented for the sixth time. The aim of the project was to reduce the poverty of rural people in the Lancang-Mekong region, to develop socio-economic life, and to lessen the development gap between countries of the Lancang-Mekong region.

With the LMC special funds, 35 projects will be implemented in relevant fields. He added that he appreciates China's great support.

Over 12.18 million U.S. dollars were granted to implement 35 Lancang-Mekong Cooperation special fund projects. Among them, five projects with LMC Special Fund 2017, nine projects with LMC Special Fund 2018, six projects with LMC Special Fund 2020, four projects with LMC Special Fund 2021, and seven projects with LMC Special Fund 2022 were implemented in Myanmar.

Four projects are being implemented under the LMC Special Fund for this year, which will facilitate the trade of Myanmar agricultural products, advance crop energy by planting soybeans after paddy, construct a foot and mouth disease-free zone, boost local chicken genetics, and identify diseases.

The projects contribute to improving the socio-economic lives of local people who depend on agriculture for their livelihoods and reducing poverty, according to the Ministry of Agriculture, Livestock and Irrigation.

Editor: Yang Linlin