G-20 summit a success, says PM Lee Hsien Loong

World leaders, Prime Minister Lee Hsien Loong among them, pose for a picture during the G-20 summit in Hangzhou on Sept 4, 2016.
World leaders, Prime Minister Lee Hsien Loong among them, pose for a picture during the G-20 summit in Hangzhou on Sept 4, 2016. PHOTO: REUTERS

SINGAPORE - Prime Minister Lee Hsien Loong, who wrapped up the Group of 20 (G-20) meetings in Hangzhou on Monday (Sept 5), has called the summit a success.

In a Facebook post on Tuesday (Sept 6), PM Lee recapped the main points of his speech at the summit, which touched on the three approaches to promote international trade.

First, help businesses and workers compete at home and tap global markets.

Second, promote trade regionally through free trade agreements like the Trans-Pacific Partnership (TPP).

Third, cooperate internationally to free up trade. Mr Lee singled out the World Trade Organisation's Trade Facilitation Agreement and the Environmental Goods Agreement.

"This will boost growth and create prosperity for our peoples," he wrote.

 
 
 
 

China invited Singapore to be a guest at the meeting, to represent the Global Governance Group.

Mr Lee also posted photographs of his arrival in Vientiane, Laos, where he will be attending the Asean and East Asia summits.

The Asean meetings will be attended by leaders of all 10 Asean member countries and they will discuss a range of initiatives, including cooperating closely during disasters.

Mr Lee will be there until Thursday.

He wrote: "Looking forward to more discussions with Asean counterparts and other leaders over the next few days."