"China extended to Myanmar 7.378 million U.S. dollars’ Lancang-Mekong Cooperation (LMC) Special Fund for the second batch on Wednesday for use in management of projects under the fund. The agreement on the provision was signed in Nay Pyi Taw between Chinese Ambassador Hong Liang and Myanmar’s Ministry of Foreign Affairs, represented by Permanent Secretary U Myint Thu. The special fund is to be applied by eight Myanmar ministries to implement 19 projects. Hong Liang said the LMC is a project emerging rapidly in a short duration and is also an effective cooperation in the region..."