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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