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Leader's view<br />

Bounnhang Vorachith<br />

President, Lao PDR<br />

GUEST LEADER'S VIEW<br />

Empowering<br />

Southeast Asia with<br />

help from the <strong>G20</strong><br />

Mutual assistance and support will lead to<br />

global benefits, writes Bounnhang Vorachith<br />

Guest leader<br />

2016<br />

Elected<br />

I<br />

n my capacity as the chair of the<br />

Association of Southeast Asian Nations<br />

(ASEAN) for 2016 and on behalf of the<br />

Government and people of the Lao PDR, I<br />

feel honoured to be invited by Xi Jinping,<br />

President of China, to participate at the <strong>G20</strong><br />

summit this year. I believe that because of<br />

the efforts of the government and the people<br />

of China, this <strong>G20</strong> summit will be crowned<br />

with success.<br />

Economic growth<br />

The 11th <strong>G20</strong> summit will be held at a time when<br />

the global and regional economies are facing<br />

various challenges. All countries, including<br />

the members of the <strong>G20</strong>, are required to join<br />

hands and support each other in order to<br />

cope with them.<br />

I am confident that the outcome of this<br />

<strong>G20</strong> summit, held under the theme “Towards<br />

an Innovative, Invigorated, Interconnected<br />

and Inclusive World Economy”, will<br />

contribute greatly to the efforts made by<br />

the international community to maintain<br />

the stability and sustainability of global<br />

economic growth.<br />

For ASEAN in particular,<br />

2016 is the first year of<br />

the establishment<br />

of its economic<br />

community<br />

moving<br />

towards<br />

regional<br />

integration<br />

and maintaining sustainable economic growth.<br />

This is consistent with an objective of the <strong>G20</strong>.<br />

ASEAN and the <strong>G20</strong> are considered forums<br />

that can empower mutual assistance and<br />

support each other in attaining their respective<br />

goals. ASEAN is ready to work closely with<br />

China, as well as other <strong>G20</strong> members and other<br />

participating countries, to ensure the success<br />

of the summit. We share a mission to maintain<br />

peace, stability and prosperity.<br />

The Government of Lao PDR attaches high<br />

importance to the strengthening of its friendly<br />

relations and sound cooperation with all<br />

countries in the world, including the members of<br />

the <strong>G20</strong>. Lao PDR also highly values the bilateral<br />

and multilateral assistance extended by the <strong>G20</strong><br />

to implement our socioeconomic development<br />

plan with the aim to attain the United Nations<br />

Sustainable Development Goals.<br />

Helping developing countries<br />

Lao PDR is considered one of the least-developed<br />

countries (LDCs) and has set a goal to graduate<br />

from this status by 2020.<br />

I would like to commend China and other<br />

members to adopt the <strong>G20</strong> plan of action on the<br />

2030 Agenda for Sustainable Development and<br />

the <strong>G20</strong> initiative to support the industrialisation<br />

in Africa and LDCs by means of providing<br />

assistance and strengthening growth potential<br />

and exchanging lessons and experiences. I<br />

believe that prompt and effective implementation<br />

of <strong>G20</strong> initiatives will help developing countries<br />

to overcome challenges of globalisation and bring<br />

more tangible benefits. <strong>G20</strong><br />

38 <strong>G20</strong> China: The Hangzhou Summit • September 2016G7<strong>G20</strong>.com

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