[ 2006-11-20 10:04 ]
(Nov.18 ,2006)
Good morning. This week I'm visiting Singapore, Indonesia, and Vietnam, where I'm attending the annual summit of the Asia Pacific Economic Cooperation Forum. On this trip, I am carrying a message for the people of this region. America will remain engaged in Asia because our interests depend on the expansion of freedom and opportunity in this vital part of the world.
Asia is important to America because prosperity in our country depends on trade with Asia's growing economies. Today, America's trade across the Pacific is greater than our trade across the Atlantic, and we need to continue opening up markets in this part of the world to American goods and services.
My position is clear: As long as the playing field is level, America's farmers, small businesses, and workers can compete with anyone, so America will continue to pursue free and fair trade at every level with individual countries across whole regions and through the World Trade Organization. By opening new markets for American goods and services, we help create new customers for our products abroad and jobs and opportunities for our workers and small businesses at home.
Asia is also important to America because our nations face common challenges like energy and disease that transcend borders. Our growing economies are too dependent on oil, and we have a common interest in pursuing affordable, reliable energy alternatives. So we're working with our partners in this region to develop new energy technologies that will make us less dependent on oil, including clean coal and ethanol, bio-diesel and hydrogen fuel cells.
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