The New Pacific Strategy D. Regional Cooperation 97. In close partnership with regional organizations and other development partners, concerns shared by most Pacific DMCs will be addressed. The PDMCs stand to gain substantially by cooperating on a regional basis to collectively reap the benefits of economies of scale in both private and public activities. ADB has been promoting subregional cooperation mostly through its regional TA activities. Areas identified as high priority for cooperation by the PDMCs that will be the focus of ADB efforts over the next three years, include the following.
Fish are one of the most important natural renewable resource of the Pacific countries.
Therefore the PDMCs must cooperate in establishing a common management framework for the sustainable management of this resource. In addition, regional cooperation can help them strengthen each other s capacities to better exploit this still underutilized resource. ADB is already engaged in such assistance and will continue over the next few years. Airline and Airspace Management. Given the remoteness of some PDMCs, airline links become vital from an economic point of view.