Showing posts with label CHALLENGES. Show all posts
Showing posts with label CHALLENGES. Show all posts

Thursday, December 5, 2013

SECRETARY OF STATE KERRY'S REMARKS TO CHISINAU STAFF AND FAMILIES

FROM:  U.S. STATE DEPARTMENT 

Meeting With Embassy Chisinau Staff and Families


Remarks
John Kerry
Secretary of State
Embassy Chisinau
Chisinau, Moldova
December 4, 2013


SECRETARY KERRY: (In progress) -- really delighted. I’m traveling with our Assistant Secretary of State who’s responsible for all this area, Victoria Nuland over here – Toria, as we call her. (Applause.) And --

PARTICIPANT: (Inaudible.) (Laughter.)

SECRETARY KERRY: Hopefully you’ll all be seeing a lot of her over time as we get out here.
But let me just say a quick thank you. I don’t want to give a speech, a long-haul, or anything like that. I’d like to just have a chance to run up and down the line, shake your hands, and say thank you. But we have a great Embassy out here. And you are right now engaged in a really important enterprise, which is helping Moldova to be able to make this shift of focus so it can choose to be affiliated with the economies and the countries and the values and the opportunities that it wants to be. And that means integration with Europe. What happened in Vilnius a few days ago with the initialing of the documents for the association agreement and also for the Deep and Comprehensive Free Trade Agreement is a critical step towards this full integration.

Now, in my meetings with the prime minister who was here a moment ago – where did Prime Minister Leanca go? I think he’s out there talking to Michael Gordon. Is he still here? Or he’s in the other room?

PARTICIPANT: He’s across the hall.

SECRETARY KERRY: He’s across the hall. He went over to talk to The New York Times. He knows what he needs to do right now. (Laughter.) Much more important. But anyway, we had a terrific conversation. But he made it clear to me that the road ahead is not automatic. It’s not easy, and there will be pressures. And we’ve all seen what’s happened in Ukraine in the last few days. So this is not always easy, but it’s the right thing to do.

And so what I’ve gained out of this very short, quick visit, which I apologize to you for – I hate coming in and going out – but I thought it was far more important on my way to Israel, where I have to go for our Middle East peace process, that since we had the chance to come by here at this important time, and given what’s happening in Ukraine, I wanted to come here in order to be able to send a message about the importance of the choices that the government is making and what you’re working on.

So we’re going to work hard at this. We’ve got the Millennium Challenge Corporation grant that’s going on, Compact. We’ve got other initiatives that we’re engaged in, in helping them to deal with competitiveness, with businesses. I just came from the winery where we had a chance not only to taste a little wine – (laughter) – very little, I might add – but importantly, we were able to see a business that we think we can make a difference in with respect to how they market what their opportunities are. And particularly since Russia sort of brought the wall down and said, “We’re not going to let you sell your wine because you want to affiliate with Europe,” well, we’ve got to help open up the market so that they can see that that choice pays off.
So all of this is what matters to us going forward, the work you do every single day. I know we have a bunch of folks who make this Embassy work who are local hires, and I think we got about 160 or so, something like that. Now, can you raise your hands, those of you who are local hires? Thank you very, very much. We very much appreciate what you do for us. (Applause.)
And everybody else, whether you are a civil servant, Foreign Service national, foreign national, whatever it is, we thank you for the work that you’re doing.

Final word, because I can tell the kids are getting into – they want playtime or different time or something, I don’t know – (laughter) – I just want to say thank you personally as your Secretary of State.

As the Ambassador said, I was the – I am – was the son of a Foreign Service officer who served for a period of time. And I served right in the midst of the Cold War in the 1950s. I came over to Berlin, which was a divided city with a British sector, a French sector, an American sector, and a Russian sector, and guards, and divisions, and you came through on a special train from Frankfurt and it was right through the Russian sector, and they didn’t let you pick the blinds up, and it was pretty foreboding and imposing to a young kid. But I learned a lot at that stage about what it meant to be abroad, what it meant to be representing your country even though you’re a kid in another place. I went to school abroad and I learned what it was like to pack up and leave home and leave your friends and go to another place.

But it was a fabulous experience, and I’m sure you feel that way or you wouldn’t be doing it. It’s invaluable to our country. You are, every single one of you, ambassadors. And in many cases, you may be the only American that some people will ever meet. So the impression you leave and the service that you can provide and whatever it is you do for people leaves an indelible message about who we are, what kind of people we are, what we care about, and whether we care about people and how we take care of people. That’s very, very important.

We have a lot of other things that are going on, obviously. This is the first visit of the Secretary of State since Jim Baker in 1992 opened this mission. So I’m privileged to be here tonight. I’m glad to be in good company with our Assistant Secretary.

And I thank you all very much for this very, very important work you are doing at a critical time where we are transitioning into the 21st century with a whole set of different challenges – from cyber warfare to trade to the globalization to the movement of people in unfettered and amazing ways that we never imagined, a huge number of workers from Moldova in other countries sending remittances back, including from Russia – all of which creates this global fabric that we are still learning how to manage and how to navigate our way through. You all are at the vanguard of that and I thank you profoundly on behalf of President Obama, on behalf of the American people. We are grateful for your service. We really can’t do what we need to do for our country without you. And that includes our local hires; we thank you for what you do.
Thank you all. Great to be with you. Happy to be here. Appreciate it. (Applause.)


Thursday, August 1, 2013

EXPORT-IMPORT BANK CHAIRMAN HOCHBERG ON SUCCESS IN GLOBAL MARKET

FROM:  U.S. EXPORT-IMPORT BANK 
Ex-Im Bank Chairman Outlines How American Exporters Can Remain Competitive Despite Unprecedented Challenges
In Annual Competitiveness Report, Hochberg Describes Path to Success in Tough Global Market 

Washington, DC – Today, Export-Import Bank Chairman Fred P. Hochberg outlined the unprecedented challenges facing our nation’s exporters in a keynote address at the Center for American Progress. During his speech, Hochberg spoke about how U.S. companies are often forced to go head-to-head with foreign governments who offer attractive financing, provided a strong defense of Ex-Im Bank, and outlined how U.S. companies can succeed in an increasingly competitive global environment.

Excerpts from Hochberg's speech 

“American products are the best in the world. And on a level playing field, they often come out on top. But, today more than ever, foreign governments are willing to do whatever it takes to close a sale – putting massive resources behind their chosen exporters, which are often state-owned enterprises.”

“In this year’s competitiveness report, we found that China, Korea, Japan and others are ramping up government export support… Yet, here at home, Congress has required the Treasury Department to begin negotiations with our competitors to end export credits…To end export credits when our competitors are playing by a completely different set of rules…This would be a self-inflicted wound our economy cannot sustain.”

“Make no mistake, foreign governments would love to see Ex-Im go out of business and swoop in and snatch the $50 billion worth of exports we financed last year. They would love to have those 255,000 American jobs for themselves. Failing to reauthorize our charter next year is a particularly bad idea in light of the growth of the global middle class and the unprecedented competition America faces from Asia and Russia, among many others.”

Key findings from Ex-Im Bank's Competitiveness Report 

Commercial bank capacity has declined and cost of funds has increased worldwide since the global financial crisis, shifting the volume of demand from commercial lenders to export credit agencies (ECAs).

The global financial crisis has altered the landscape, affecting economic progress in Europe while manufacturing prowess has vastly improved in Asia. Many Asian countries have ambitious export plans to gain market share and the financing that goes along with it.

U.S. exporters compete in many markets and sectors that other countries have targeted as a “national interest,” either explicitly as part of their national policy, or implicitly by making available a range of official financing tools intended to maximize the flow of national benefits.

More and more financing is being offered outside of OECD guidelines. But it’s not just interest rates. It is open season on other inducements as non-OECD countries continue to use financing to sway purchase decisions.
About Ex-Im Bank

Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has earned for U.S. taxpayers nearly $1.6 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.

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