CAREC Institute and Mekong Institute Forage Strategic Partnership with Signing of Memorandum of Understanding

The CAREC Institute (CI) and the Mekong Institute (MI) have formalized a pivotal partnership aimed at enhancing regional cooperation through the signing of a Memorandum of Understanding (MOU) during an online ceremony held on November 14, 2024. This strategic alliance is designed to advance sustainable development across the CAREC and Great Mekong regions by fostering collaborative research, capacity-building initiatives, and policy development.

In his address, Mr. Kabir Jurazoda, Director of the CAREC Institute, underscored the significance of the MOU as more than a mere formal agreement. “This MOU symbolizes our unwavering commitment to collaboratively advancing the development and sustainability of both the CAREC and Great Mekong regions. By leveraging our combined expertise and resources, we aim to devise innovative solutions that will benefit our member countries and communities,” stated Mr. Jurazoda. He further highlighted that this partnership would facilitate joint research projects, training programs, and the exchange of critical knowledge, all aimed at empowering stakeholders and fostering long-term progress.

Mr. Suriyan Vichitlekarn, Executive Director of the Mekong Institute, also emphasized the importance of the agreement, noting the integral role both institutions play in regional development. “The Great Mekong and CAREC sub-regions are pivotal drivers of economic growth, not only in trade, investment, and logistics but also in forging pathways for more inclusive, resilient, and sustainable development. As we approach the 2030 Agenda for Sustainable Development, institutions like CI and MI are crucial in advancing our shared goals and ensuring a transition to a more sustainable future,” remarked Mr. Vichitlekarn. He also highlighted the shared challenges and opportunities facing the two regions and the potential for mutual benefit through policy development, knowledge sharing, research collaboration, and expertise leveraging.

The MOU establishes a comprehensive framework for cooperation, enabling both institutions to explore joint initiatives, collaborate on research proposals, and engage in personnel exchanges. The agreement was witnessed by senior management and division chiefs from both organizations, marking a significant milestone in strengthening ties between the two institutes and reinforcing their collective commitment to regional development.