 Good afternoon from Geneva. Thank you for joining this resetting geopolitics leadership panel This is the fifth day of the Davos agenda and is really focused on advancing global and regional cooperation Last year was filled with immense Uncertainties, let's face it. But one thing was made clear global cooperation is not a luxury It's a necessity. COVID anywhere is COVID everywhere And yet at the very moment that we need deeper collaboration We have seen competitive instincts threatened to overtake cooperative mindsets in the this fast this past fall UN Secretary General Antonio Gutierrez said the world Essentially failed when it came to cooperation unity and solidarity. That's quite a tough message And that's such a critical and challenging moment for the world I'm really proud that we have such a distinguished panel here to explore how we can strengthen Global cooperation to ensure the exit the pandemic in the stronger position than we entered it joining us are Minister Kono Taro the minister in charge of administrative reform and regulatory reform of Japan, but also previously defense foreign minister Kang Kyung-hwa the minister of foreign affairs of the Republic of Korea His Highness Prince Faisal bin Farhan al-Saud the minister of foreign affairs of Saudi Arabia Retno LP Marsudi minister of foreign affairs of Indonesia and Fuying vice chairperson of foreign affairs committee of the 13th national People's Congress People's Republic of China So we have a great Panel and we have a lot to discuss maybe start with you minister Kono Taro first good to see you We know that currently you're also in charge of the whole COVID Pandemic Situation and handling it in Japan still the numbers are very very low You come out of this in a very strong way, but no it's all about vaccination and we're seeing a lot of Like vaccination nationalism in the world. Are you concerned that? also this COVID-19 crisis can lead to less global Solutions, even if many of the challenges you're faced with being climate change or pandemics don't know any kind of borders We'll then end up in the result where there's less Multilateralism and more national focus or are you an optimist? Well, thank you. Good evening everyone. It's 18 in the evening in Tokyo. I'm sitting in my parliamentary Apartment, I just finished the dinner and Now I'm in charge of delivering vaccine to 120 million Japanese people and I'm a little worried about the current Situation when COVID-19 hit Everyone in the big way We have been concerned if there might have been some disruption in delivering food stuff or importing Oil natural gas and other source of energy We weren't quite concerned because we heavily rely on import of food stuff and energy But thanks to everybody It didn't happen. We kept we have been able to Import food stuff energy and other essential stuff Although yes, there was a problem getting masks at some time last year, but it was a very short disruption so I was very confident about Global supply chain of vaccine But now I'm a bit concerned that EU has announced that EU may block the export of vaccine produced in Europe until sufficient amount Is provided to European people before they allow any export to the third countries We are planning to import vaccine produced in EU to Japan and The other type of vaccine produced in United States sent to Europe for packaging and then we import the viral To Japan and now we are concerned that two types of those vaccine may be blocked in Europe We never suspected that So I'm very concerned Some government may try to be more nationalistic It is understandable to put their own people first, but we are living in on the same planet and the supply chain now goes global and It is not a wise to start disrupting this global supply chain in one way then it could lead to some kind of retaliation and We could ended up trying to produce everything in Own country and that is not economical and many a country that is not a possible so it is time for the leaders of the States to sit down and Have online conversation how we can solve this Vaccine problem. We need a global vaccine strategy to deliver Necessary vaccine to those who are in need most So it's time for the leaders to sit down and discuss we hit the same issue with masks and we have seen some country trying to block export or Some important material Based on their Global strategy or some country trying to prep the barrier suddenly For the import from our other country as a tool over global strategy We should not allow anyone to do that That's why we set up double to and set up trade rules. So we are We are just about to see some nationalism coming up and leader could turn inward to solve the domestic problem and put people in other country in Down the line. So we are living in the same planet. We need to tackle the climate change together we need to solve their Issue of a global disarmament issue together and We need to grow our economy together. So it is time for us to Get the mechanism of United Nations EU G20 G7 all the global mechanism we have to use and Solve this issue I'll stop here I got to thank you so much. I'm minister Kono Taro Just a short following up question and then we'll move because we should also look at what will be the kind of collaboration We will see In the years to come and not at least in your region Mention minister that you also being the foreign minister, but also the defense minister and previously you have also raised The wish to have a stronger regional cooperation with India Australia and the US and then we also know that you're collaborating With the whole East Asia Including China on the trade side What are the dilemmas you're seeing when it comes to priorities on values or also really the interest of Japan the national Thank you. Thank you very much. I think we need to Put the value first the value of democracy value of Rule of law human rights They are important and without those values We will not be able to prosper in the economy. So we are trying to Talk about the post COVID world Many defense ministers that are I talked to when I was defense minister are quite concerned this world may be divided into democracy and Authoritarian regime free society versus Ovalian regime We need to sit down with the country that has same value that put Democracy rule of law human rights Together we need to sit down with a country like ASEAN Republic of Korea United States Europe Australia Canada India, you know other like-minded country so that we can keep this Liberal international order that has brought about the economic prosperity since the end of the World War two So definitely we need to put the value first and then all the economic prosperity and other Interest would Come following it Thank you so much. I think this is a natural bridge also to you Foreign Minister of Republic of Korea Kang Kyung Oh, wow, you have also a long career in the UN in your past and no First listening to minister Kono taro, but also seeing what kind of cooperation do we need? No dealing with covered Climate change, but multilateralism in general what will be a Korea's priorities moving forward and and what is your recommendation? Well, first of all, thank you very much for having me on this panel It's wonderful to be joining and sharing the same screen with some very good friends and partners that I've worked with over the Years, this will be one of my final acts as foreign minister Before I depart in about a week's time So all the more delighted that I have this opportunity to share thoughts with with you And and through this panel with the with the global audience I think, you know, obviously 2020 overwhelmed all of us with the COVID-19 pandemic and as the video Very telling me showed it just exposed the weakest and the most vulnerable links in every society But also it's been kind of a stress test for a world that was Somewhat being unanchored, you know very interconnected, but increasingly fragmented With the tide turning against globalization and I think COVID-19 came at the time when this Fragmenting global unity Was was needed to be exposed somehow and and it certainly has been exposed in a very very destructive way and We failed we failed a stress test as as the Secretary General has made very clear with over 100 million Affected and two million dead clearly we have failed and the numbers continue to grow In high-side I think there are lots of lessons to be learned and perhaps things we could have done differently to save more lives But and perhaps it's Excusable that we didn't know better about the novel virus or how to respond to it because it was novel It was an unknown quantity when it struck us But one thing was very clear from the very beginning in the early weeks that the virus travels across borders knows no borders the global community is in this together and Unless the whole world is safely protected from the virus no country no people will be fully safe again But still it has been an uphill battle to put it mildly to forge the unity of purpose needed To fight the pandemic and recover from its devastating consequences. I Think the unprecedented speed with which the vaccines have been developed Certainly raised hopes that the end of the pandemic is within sight And I have to salute the researchers and scientists who have succeeded in these endeavors and and also to the governments That have funded these efforts But I think a minister Kono has already pointed out the preemptive procurement and the competition over the available vaccines by some rich countries have Aggravated the deepening sense of global disunity and this is where we find ourselves Understandably every government's first priority is to keep its people safe And thus each government is eager to secure enough vaccines for its population But it is hard to understand why some governments are grabbing the vaccines in volumes that are many times more Than their population size and this only exacerbates the uncertainty for the rest of the world the other countries Others are prompted To scramble to get contracts for whatever is left with the pharmaceutical companies that make the vaccines and those without the resources Simply wondering whether they will ever get enough the vaccines for their own populations And so under the circumstance, I think the covax facility has truly been a saving grace as as as As limited as its ambition is and I can only be thankful to the foresight of the leaders in the WHO Gavi and seppy who established the mechanism and Certainly hope that it will deliver in its goal of providing the COVID-19 vaccines to 20% of the populations in all member countries equitably and we should think seriously about Turning the covax setup into a standing mechanism because you know, we know that COVID-19 will not be the last story of pandemics hitting around the world so there has to be a mechanism ready to deal with future novel pathogens and Covax I think is is worth considering and and giving support so that it becomes a Standing a sustainable mechanism. I Think we can take some lessons from the covax experience and apply them more generally in building These cooperative structures to support recovery from the pandemic as well as making progress on climate change SDGs collective security and other global challenges. And so let me offer some points in some very broad terms Thank you first Strengthen the global health governance built around the WHO The review by the independent panel for pandemic preparedness and response of the performance of the WHO and member states has made an interim report of its findings and The shortcomings of the WHO setup has been made very clear What needs to be done? The reporting obligations of member states need to be strengthened and the WHO more Empowered to demand that information from member states if we are to avoid the uncertainty and transparency and distrust that it hampered the global response to COVID-19 in the initial months and the goal has to be to ensure full information sharing full transparency among scientists and medical professionals and disease control authorities around the world and for their advice to be the basis on which Governments make their policies and control measures to secondly tackle fake news and disinformation Throughout the pandemic info demics in the words of director general Tedros has had a very corrosive influence on efforts to contain the virus fueling fear distrust of science and hatred of others and More recently we've witnessed how Misinformation and disinformation can spiral out of control and lead to mob Behaviors that can destroy the very core of long-cherished institutions So it is not enough to encounter one fake news with a fact check and correction one Misinformation plot with an investigation and criminal charge Although such a vigilant response must be pursued in every case where possible But what is called for I believe is visible persistent leadership to re-establish Fact fact as the basis on which judgments are made and truth is sought It's been a few years since one Western publication called this the post-truth era and I think we've become too used to that It wasn't clear if this was meant as a cynical description of our age of an age of too much information Through too many sources and too many media Making it very difficult to discern fact from fiction Objectivity from subjectivity or an alarming wake-up call to the Degeneration of social debate and governance that is gradually being untethered from facts and evidence But either way I think responsible leadership at all levels should make concerted efforts individually and collectively to arrest and reverse this post-truth climate And I think the role of global leaders such as the secretary general such as the director general and top Leaderships of individual governments the importance of that role in this regard cannot be overemphasized Three strengthen the multi-stakeholder approach The covax facility which indeed is a multi-staker holder approach has brought together governments International organizations researchers and experts private charities and private companies in search of solutions that are Beneficial to all and this should also be and to a certain extent already is the approach in tackling climate change SDGs and other global challenges For example, I think in climate change in many countries private companies are way ahead of governments in their ambitions to go green for example the RE 100 initiative ie renewable energy 100% is gaining impressive ground in many countries including in my own The P4g initiative partnership for green growth and global goals is precisely aimed at Strengthening the public private partnership in tackling climate change and sustainable development goals and Korea will be hosting the second summit meeting of the P4g in late May and This coupled with the ambition of the new Biden administration to hold a climate change summit We hope this to be a vital stepping stone to a successful outcome at the COP26 in Glasgow later in the year Securing bolder more ambitious commitments to curb carbon and other greenhouse gases under control and for Each country must take responsibility to restore Multilateralism the decisions of the new US administration to return to the Paris agreement and the WHO has been widely welcomed around the world especially by countries like Korea that have been beneficiaries and advocates of Multilateralism, but it will take much more than the actions on the part of the new US administration To breathe new energy into the UN system Think to varying degrees the multilateral organizations that make up the UN system have been long in need of revitalization The unilateralist tendencies of some major players have further Sapt the energy out of them recently and to be sure there are structural impediments to a Sweeping revamping of the organizations so that they become truly fit for purpose in the fast changing world But still giving up or leaving the hard work to others is not an option It is in the self-interest of each and all countries that depend on global norms and the rules-based international order to actively contribute ideas experience and resources to assuring up the multilateral order and its building blocks such as the United Nations the WHO the WTO the G20 the G7 and Many more and in closing as I prepare to leave my post I am very assured that my government will remain at the front Forefront of these endeavors. Thank you very much. Well, thank you so much and thank you For the impressive job you've done In the years where you had This portfolio of foreign minister We're so privileged to have you here during your last week minister And we know that you will also be doing a lot of exciting things in the future I'm no turning to his Highness Faisal. I'll sort a foreign minister of Saudi Arabia We know there's a lot of interest always to the Middle East. We know that there's also been a lot of positive development in the original cooperation in the GCC in the last month Gulf solidarity is one of the terms that have been coined and maybe you'll share with us your Highness What you see for the years to come When it comes to GCC cooperation But also if something from that cooperation is applicable to the rest of the world and I also have to remind Everyone that we have no used half an hour on two of our Speakers, so we have 15 minutes left. So we have to really show solidarity with each other your Highness Thank you very much glad to be among you today to discuss this important subject I'm gonna just say I'm glad to share once again A forum with Minister Kang Kyung-Wa we've shared several forums and it's always been great Working with her and talking to her and it's of course unfortunate that our last Meeting will be over, you know on such a forum is going to be virtually, but that's the challenges we face but Just wanted to say she's been an excellent colleague and worked It's very very strongly exactly on the field. We're talking about which is Multilateralism and cooperation You know the subject is incredibly important and We've we've seen this last tea and to 2020 that Without working together. We can't really address the global challenges and you know, the kingdom had the presidency of the G20 during 2020 and we had to very quickly shift focus And in our presidency agenda to deal with the challenges of COVID-19 and to must global efforts in Responding to that and that you know was well responded to by G20 colleagues and they Step forward then we were able to achieve a lot of cooperative efforts including, you know, 11 trillion dollars in stimulus 15 billion dollars of debt relief for poorer countries 21 billion contributed to a Response to the pandemic including equitable distribution of vaccines and including supporting the covax facility, which I agree is something critically important And I just hope that we can maintain that momentum because as my colleagues has mentioned, you know, we are seeing some unfortunate backtracking some unfortunate Loss of that spirit and unless we all work together to overcome the challenges of COVID-19 We are all going to continue to be at risk and key among that of course is equitable distribution distribution of vaccines You know and that links to your question because You know without regional cooperation, we can't have effective global cooperation. And that's why it was important that we achieve what we did in the declaration which is bringing back the GCC into full cooperation and Building on that we will be able to help Secure the regional stability secure that we are focused within our region on developing on the very important opportunities that's we are We say we have here but also on dealing with the many challenges and you know That cooperation will only serve to bolster the global cooperation. And you know, we've heard again today that All the challenges that we face as a global community require Working together whether something as novel as the COVID-19 outbreak. I'm sure we will have other similar challenges in the future but also things like climate change and you know there we see that just like This region has played a key role in Powering the global energy Needs and in helping power the global economy. We will also play an important role in meeting the global communities net carbon neutrality targets So we are already working with our European partners in developing Green and blue hydrogen and you know, these efforts are going to be key to work into achieving An effective response to the challenges of climate change So again without working together without effective cooperation without a real global outlook None of us will succeed. So the kingdom will continue to work together with its partners and is focused really on delivering Not just regional cooperation, but global cooperation on all those subjects that That's who we all as a global community face and that will take leadership and Responsibility and I I'm sure that All of our colleagues in the global community will be focused on working together on delivering that leadership that focuses on not just cooperation, but Achieving all of those goals that we all share which is delivering prosperity peace and security for the people of the world Thank you so much your highness Chokran just a short question before I go to the Indonesian foreign minister We know that there is no a lot of thinking around the new Biden administration And it's a policy on the Middle East and you your highness you Were before also the Kingdom's ambassador to Berlin. So, you know also Europe well any thoughts on this I Think the region and the region securities remains a key focus for both the Europe and the US we've heard a very clear statements from the Biden administration and the key people on foreign policy in the Biden administration that they're going to address the challenges within our region with very Open eyes and a clear Focus on making sure that we continue to have stability and security We're of course going to have a dialogue about the various regional challenges, not least Iran's Distabling activity and it's ramping up of its nuclear program and we are quite confident that we're working with the US and our European partners We will be able to overcome these challenges in the end. We see these challenges Asposing a risk not just to the region but to the global community and global prosperity and really what our hope is that we can move from these the focus in our region on security issues and on challenges of a Military nature to really focusing on how can we be part of delivering global prosperity global innovation and Being a driver of those elements, and I think that's something that both the US and Europe Agree with us on so we will work very closely with our partners to deliver that So crown your highness, let's now move to retina marsudi minister of foreign affairs of Indonesia and minister you also one of three coaches in the whole covax initiative with gavi and Thank you for your leadership on this and global vaccination you listen to your colleagues here and There has been Difference different perspectives on how we can secure also Multilateralism and cooperation in the post covered world Indonesia largest Muslim country in the world when it comes to population also Situated in a very interesting geopolitical and security Contact so minister your your thoughts Right well, thank you very much for her for having me first I would like to share the same concern with my previous Speakers about the vaccine nationalism and thank you a tarot for mentioning about asian Come what thank you for mentioning about covax facility and faisal Congratulation for your leadership in the G20 last year For her two days ago. I co-chair the covax amc engagement Group together with minister Karina cold of Canada and dr. Liata they say of Ethiopia It was attended by more than 400 participants. I think almost 500 participants through covax facility the amc 92 economies could obtain up to a hope to obtain Up to 20% of their population and during the meeting we discussed various details in preparation of Equitable and fair access to vaccine for all to take place Equitable and fair access to vaccine for all countries is a very important issue It is not only important for developing and least developed countries But also important for developed countries and for the world We recover stronger if we recover together So colleagues, I'm very glad that the principle of equitable and fair access to vaccine has received strong support from all of us and To ensure its implementation. I believe there are three main issues first is the availability of vaccine here The cooperation with manufacturer is key and in the last couple of days as mentioned by the previous speaker I read the blooming news that vaccine nationalism Remains happening if it is continued for sure it will jeopardize vaccine Multilateralism and then second is the financial support here We need strong cooperation with donors Multilateral development banks philanthropies and others third Readiness of developing and least developed countries to receive Vaccine this is not an easy part at all Most likely the vaccine that will be distributed to Participant of AMC 92 will require ultra cold chain so the question is do they have this kind of infrastructure and There is also issue of regulatory and indemnity. There is another challenges for AMC 92 economies So I have to give appreciation to Gavi, JAPE, WHO and all of us Kung-Wa mentioned about it who are working night and day to Mithrilize the hope of all of us, especially the developing and least developed countries The fact that Gavi, JAPE and WHO despite the nature of the pandemic and its challenges Has mobilized all efforts to make co-fact facility work. It is a miracle Gavi plans to pull two billion doses of vaccine. This is great And it is this kind of spirit the spirit of collaboration and cooperation that we need to continuously strengthen So please stop the Politization of vaccine Please stop the vaccine nationalism and we must remind ourselves Vaccine is a humanitarian issue Vaccine is not a political issue So it is my hope that the vaccine multilateralism succeeds then what we can say Multilateralism delivers. Thank you, Borger No, thank you so much for that very, very important appeal Minister Retno Marsudi. I hope millions of people listen to this I would also then like to go to Madame Fu Ying You wrote a very, very interesting article in The New York Times a few days ago That I read with great interest where you looked at G2 collaboration in the years to come China and the US and I would also like this morning I moderated a session with Prime Minister Lee from Singapore and he said the most important relationship in the decade to come is between the US and China and We have to get it right you even coined and you Expression or or a term madam a competition like cooperation and competition at the same time So it would be very interesting to hear your views on this and also related to what minister Kano Said that at the beginning madam Thank you. Thank you very much First I want to say that I share the concerns and Propositions by the previous speakers about the international fight against the pandemic when the Chinese President Xi Jinping spoke At the Davos agenda is a special address He said that humanity endured multiple crises medicine in human history and he also said that there is no doubt that humanity will prevail over the virus and Emerge even stronger from the disaster and I also agree with you that a Major countries or countries in world should join hands in fighting Pandemic and it has been disappointing that over the past years So we haven't seen the kind of unity and that Was demonstrated when we entered the first 21st century during the fight against the terrorism for example and the fight against the general efforts to fight against the financial crisis and That is why I think There's so much attention given to the Relationship between China and US and there's such a high expectation of China US coming together joining hands together with the rest world to overcome this serious threat to mankind the You mentioned my article I think there is no denying I Think we cannot underestimate that the serious Damage that China US relationship has endured Over the past years and it's a challenge for both sides to find the right way forward My observation is that the current new US administration needs time to Estimate what are the areas it can it has to cooperate with China and what are the areas? it needs to manage with China avoiding Conflicts and the for the Chinese side. I think we also need to reflect and observe What is the intention? What is the next move? By the United States we all we are all aware that in the international relations It's very important for countries to have accurate Judgment accurate estimation of each other and How China and US define their relationship is important not only for the two countries, but also To the world I noticed that the new White House spokesperson Jane the sake said in one of his statements to the fact that Strategic competition with China is a defining future of the 21st century Admittedly there are elements of the competition in our economic relationship Which as I just I described in my article to the New York Times I even doubt a New word called competition Corporation plus competition, but I think that competition should be fair and For the purpose of a common progress. That's the kind of competition which Exists in the in any relationship, but the concept of strategic competition I I think it won't find much agreement here in China China's Fundamental view for the 21st century is to maintain peace and cooperation peace and stability and China has no intention of lying for world dominance. You don't hear people here in China advocating for Repeating with the United States for world dominance. It just doesn't exist should America had money had monistic power appear to be on in some kind of decline it would be it has to be caused by its own mistakes like strategic overstretch The future world change from up on the view is more likely to be Multi-polarization rather than hegemonistic Replacement I myself was quite astonished you notice in my article by the unbridled and the chaotic of policy measures that was coming out of Washington over the past years and I'm I'm curious to you to see what's next Most people expect that there can be some kind some rational and professional approach and sensible policies on the part of China There has been some positive signals in his congratulatory Telegram to President Joe Biden which was sent on November the 25th 2020 Chinese president Xi Jinping said that promoting healthy and stable development of China's US relations Not only serves the fundamental interests of the people of those countries, but also meets the common expectation of the international community so In addition the Chinese consulate from Minister Wang Yi has proposed that the two sides Workout working lists on areas of cooperation Errors of dialogues and issues that need to be Properly handled You asked about cooperation. I think Many of you mentioned that the United global response to COVID-19 is the most pressing task for the world today And I think China US and together with other countries. We should encourage health experts and scientists to maximize their role and to Intensify research to help find the virus We also need to cooperate on vaccine development and the distribution as was mentioned I wish also coordinated policies on such issues as cross-border traveling global norms On regarding the measures the efforts were taking against the pandemic Furthermore discussion and cooperation on global issues such as climate change also needs to be resumed and the American return to the Paris agreement is welcoming step There's also the need for cooperation in the newly emerging areas like AI Like 5g. I think some of the Chinese Companies have been successful and that seemed to have a sparkle spark the fear in US, which I think is entirely Unnecessary instead. I think there's the need for Joining hands between China US and other countries to develop the norms Governing the application of AI technologies, which is the Urgent in urgent need so generally speaking I Think the world problems are complex and China's approach is to upheld Multilateralism and develop a community with shared future for mankind. Thank you Thank you so much. I would like to use the last minutes ministers Excellencies if you're okay to build on What just madam fuging no addressed probably one of the most defining geopolitical Developments this decade will be the relationship between the largest and second largest economy in the world China in the US and it will also have implications for all of us Is it possible to compete and cooperate at the same time? You know US president once said it's possible to chew gum and and walk at the same time it was a little bee Johnson That said this but at the same time there is also worries that there will be a total decoupling There would be two like two different systems like a Chinese system and then an American system maybe going to minister Connell first you you heard what madam few young said no you've seen the first reactions also from the Biden Administrations Japan is one of the largest FTI investors in China rely a lot on trade with China But at the same time you also said you're very supportive of this alliance of democracies short comment from you then I'll go to Korea and then to Indonesia and then to Saudi Arabia Minister Kano It's the biggest difference between now and during the Cold War is that Soviet economy was quite independent, but the Chinese economy is quite integrated into the global supply chain so we definitely have to work together and We definitely have to manage the situation That's for sure, but it seems to me that there are two different values and We really hope that we shouldn't separate this liberal international order between two two camps so we definitely we Recognize that Some country have a different political system But if we can share the value and if we can manage the situation, I think we can save the planet no, thank you and Let's then go to Minister Khan Kiong Wah You heard Minister Kono earlier on Yes, well, I think I share the same points. I think the the world is too too interconnected Our businesses work all over the world We have businesses in the hugely invested in China and the United States China is our number one trading partner The United States is our second and I think the idea of decoupling maybe in certain areas where it Crucial strategic interests to countries That that I think may already be happening, but overall this idea of a complete decoupling I think is unrealistic. I think the the business interest around the world is too too entrenched for that to happen Competition certainly in certain areas, but cooperation. So I think Ambassador Fuying had it just right when she said Co-aptition, I think on values. I think yes, we all You know Korea is a very vibrant liberal democracy hugely Places huge importance on on human rights and and and freedom of expression and so on and so forth and and we very much share that like-minded with other liberal democracy, but that should not prevent us from cooperating with Societies that don't necessarily share those values You know, the world is a very complicated place and reality is not not clean cut I always say reality is very messy and I think the job of leaders at national level and global levels is to manage that messiness and find solutions that are Beneficial to all win-win Understand each other and try to find ways that are Beneficial to all sides not easy But at that and nobody said that the work that the job of being foreign ministers or leading governments or leading Global organizations was an easy easy job It's a tough job It is I think we all can subscribe to that minister Retna Marsudi Realities can be messy. I think also Indonesia is very close to both the US and and China And also being a democracy reflections on on your side. Who are you gonna do this balancing? Do you see a decoupling? Uh, Borja you asked about whether compete and cooperating is possible The answer is yes, and Indonesia hopes that ASEAN and China can cooperate better. That is my first point my second point ASEAN will Continue to play its role to maintain peace and stability in the region and then my third point my last point ASEAN offers Do all our partners including the US and China to cooperate with ASEAN? including through the ASEAN outlook on the Indo-Pacific so let us Mainstream the cooperation instead of rivalry. Thank you, Borja No, thank you so much minister your Highness traditionally, Saudi Arabia has been Very very close to the United States But we also seen recently that the footprint of China is increasing increasing in the Middle East and North Africa so reflections on this Collaboration or competition the competition appears from from your Highness side Well the Kingdom of course is an integrated part of the global economy and that means that we are Strong partners for both the US and China economically We are also of course strategically very much aligned with the US and I think we have seen that cooperation is Possible and not just possible. It is absolutely necessary Without cooperation We can't deliver prosperity. We can't deliver security To our individual nations or to the global community really we are too integrated We are too dependent on each other and we receive too much benefits from each other's cooperation and trade for it to make sense to move to an aggressive posture or a Posture of competition and decoupling now, of course, we always compete and that's you know, that's fair and It's it's a competition is healthy because it ensures a delivery of more efficient forms of Governance, but as long as that competition is not You know is in the realm of the corporate world and not you know competition of geostrategic Dimensions we can manage and it's important that we understand that in order for us to Protect the global community and to work towards delivering prosperity as I mentioned and even respond to challenges like COVID-19 which is not the last challenge of the sort that we will face We will have to maintain the focus on cooperation and integration. Otherwise, we put all of us at risk Chokran, I think madam a few yin you will have the privilege then to have The kind of famous last words there, of course, I will have the right to thank everyone after you We're running a really on our time So if you could do it in a couple of minutes, that would be great, but you will have the last words from China this time Okay. Thank you. Thank you very much this year marks the 50th anniversary of Dr. Kissinger's visit to China and for half a century we have a managed China has successfully integrated into the world economy at the same time Maintained its own political in Integrity so that shows that the the it is possible to have Those to work with other countries in areas. We can at the same time defending our fundamental interest so we didn't disagree with the decoupling and we also I think Asia Indonesia from this a mention the Asia ASEAN is exemplary in illustrating the kind of spirit of openness of inclusiveness and Asia has been able to maintain every country maintain their political Political integrity at the same time having Opening have a wide economic and and cultural contacts. So I think as long as we have this Spirit of mutual respect respecting that there is a boundary for political system and then Respecting the fact that each system this each culture can succeed in its own way With that kind of spirit, I'm sure that we can have those. Thank you No, cha-cha. Thank you so much to all of you. It's been a fascinating Discussion and I'm so thankful for your contributions. It is such a Excellent panel and of course a special. Thank you to minister Kang Kyeong-hwa Since there's only one week left being foreign minister, but I can assure you there is also Life after being foreign ministers, you know the former Norwegian Prime Minister Quarri-Rilog once said to me, you know, it's much nicer to have been Prime Minister than being Prime Minister so on that note and I'm also sure that The discussion about the G2 China-US relationship We will have ample time to come back to in the coming decade and I hope I can also invite these panelists again On that topic, but also other extremely important topic Like the fight against the pandemic and also how to strengthen global cooperation Thank you so much from Geneva and good night to you in Asia. Thank you