1. We, the Heads of State/Government of the ASEAN Member States, Australia, China, India, Japan, Korea and New Zealand, gathered on 8 September 2016 in Vientiane, Lao PDR at the margin of the 29th ASEAN Summit and Related Summits.

2. We are pleased to note the resilient economic performance of the countries participating in the RCEP negotiations given the challenging global economic conditions. The combined output of the sixteen Participating Countries amounted to US$22.4 trillion or 30.6% of world output in 2015. The total trade among the Participating Countries amounted to US$11.9 trillion in 2015, while total FDI inflows to Participating Countries reached US$329.6 billion.

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