Published on 12:00 AM, September 06, 2016

G20 SUMMIT

Global leaders meet in China

Following are highlights of their comments made at the meeting

CHINESE PRESIDENT XI

"We agree that facing the risks and challenges of the current world economy, and maintaining a peaceful and stable international environment are crucial. G20 countries should help each other and coordinate more closely on macro-economic policies; use various effective policy tools, such as fiscal, monetary and structural reforms."

 

 

 

US PRESIDENT OBAMA

"We recognise the significant burden that the drug trade plays not just in the Philippines but around the world, and fighting narco-trafficking is tough but we will always assert the need to have due process and to engage in that fight against drugs in a way that's consistent with basic international norms."

 

 

 

BRITISH PM MAY

"We can be confident about the fundamental strengths of the UK economy and optimistic about the role we will forge for the UK building on our strength as a great trading nation in the future. As the UK leaves the EU I've set out our ambition to become the global leader in free trade."

 

 

 

 

GERMAN CHANCELLOR MERKEL

"China has set high priority that there needs to be action. Therefore, we agreed on a number of action plans in various areas, which we will monitor during the German G20-presidency. We had a bright discussion about climate-protection. We have intensively discussed trade. The WTO has reported that the number of protectionist measures are still rising."

 

 

 

 

IMF CHIEF CHRISTINE LAGARDE

"A first priority is a coordinated effort to raise growth. The G20 agreed that this will require making full use of all policy levers - monetary, fiscal, and structural - individually and collectively. The G20 also agreed to identify and prioritise reforms that provide the biggest growth impulse for each country."

 

 

 

 

 

TURKISH PRESIDENT ERDOGAN

"I urge world powers to set up a 'safe zone' in Syria, providing people in the Arab nation with an area that was free from fighting and which would help stem the flow of migrants. I am working with US-led coalition forces and Russia to establish a ceasefire in Aleppo before the Eid al-Adha religious holiday expected to start around Sept 11."