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🔆Lancang-Mekong Cooperation (LMC)
✅ Why in News: the seventh Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting was held in Bagan, Myanmar.
âś…The LMC consists of six countries: China, Cambodia, Myanmar, Laos, Thailand, and Vietnam.
âś…Multilateral format: Lancang-Mekong Cooperation is a multilateral format established in 2016 for cooperation between the riparian states of the Lancang River and Mekong River.
âś…The Lancang River originates on the Qinghai-Tibet Plateau in southwestern China. It is called the Mekong River as it flows through the other five countries before emptying into the sea.
âś…Purpose: The central purpose of the format is for China to manage water flow from its hydropower dams with the other riparian states.
âś…LMC Special Fund: A fund was created in 2016 to aid in small and medium-sized projects by the Lancang-Mekong countries.
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