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* Sri Lanka assumes chairmanship of Group of 77- Vienna Chapter
Fri, Jan 24, 2014, 12:35 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 24, Colombo: Sri Lanka assumed the chairmanship of the Vienna Chapter of the Group of 77 from Sudan on January 22, 2014 at a formal meeting in Vienna attended by the Group's Ambassadors as well as the executive heads of Vienna based international organizations.

Ambassador Aliyar Lebbe Abdul Azeez, the Permanent Representative of Sri Lanka, officially took over the chairmanship of the Group of 77 (G-77) Vienna Chapter on Wednesday.

The incoming Chair has said that his election to the position would be welcomed by the Government of Sri Lanka which stresses stewardship on issues of global importance for developing countries through a well-established policy of constructive cooperation and dialogue in order to maximize the outcome for the countries of the South.

"Election of Sri Lanka to this post in the Group of 77, which is the largest block of developing countries in the UN with more than 130 members, reflects the strong confidence placed by the members of the Group in Sri Lanka's role in maintaining a constructive dialogue with international partners to further the cause of the South," the government said in a statement.

External Affairs Minister Prof G L Peiris reiterated the importance attached to the Group of 77 by Sri Lanka highlighting that the Group has an important role to play in addressing crucial challenges that affect the developing countries ranging from economic and social development, global financial issues, climate change and sustainable development.

The Minister emphasized that Sri Lanka will rigorously pursue the principles underlying South-South cooperation to create political, economic and social unity, in order to enhance the much required north-south cooperation.

The main focus of the G-77 Vienna Chapter, which is financed by the United Nations Industrial Development Organization (UNIDO), is the promotion of technical cooperation activities and international cooperation.

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