Third Meeting of the Greater Mekong Sub-region Task Force

Sponsored by Swiss Agency for Development and Cooperation (SDC), the Economic Institute of Cambodia in cooperation with the Institute of World Economic and Politics (Vietnam) has organized a third GMS meeting in Phnom Penh on 16th January 2009. The meeting was another step in the direction of promoting regional cooperation and establishing the policy maker-academic business network in GMS after the first and second meetings held in Hanoi and Lao PDR. The topic discussed in the meeting was whether the GMS countries needs an integrated commodity markets and how to develop the integrated commodity markets and derivatives exchange in the GMS context and the perspectives of it in the future. The fact that the risks related to commodity price are very high while sharing information of commodities in the region is very limited in this region. This situation raises a question of whether the GMS needs such a commodity market and if it needs, what conditions the GMS countries should meet. What fundamental factors for this type of market need to be established.
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