Showing posts with label ECONOMICS. Show all posts
Showing posts with label ECONOMICS. Show all posts

Saturday, May 16, 2015

SECRETARY KERRY'S PRESS AVAILABILITY WITH CHINESE FOREIGN MINISTER WANG YI

FROM:  U.S. STATE DEPARTMENT
Joint Press Availability With Chinese Foreign Minister Wang Yi
Remarks
John Kerry
Secretary of State
Beijing, China
May 16, 2015

‎MR LU: (Via interpreter) Friends from the press, good afternoon. Just now, the two foreign ministers have held their dialogues, and they are ready to meet with you and take up your questions. Now, I would like to give the floor to Foreign Minister Wang first.

FOREIGN MINISTER WANG: (Via interpreter) Friends from the press, good afternoon. Just now, I have held a constructive meeting with Secretary Kerry, where the two of us had candid and in-depth exchange of views on China-U.S. relationship and other issues of mutual interest, and we reached a lot of agreement.

Two years ago, when the two presidents met in the Sunnyland, they agreed to build a new model of major country relationship between China and the United States. Over the past two years, thanks to the concerted efforts of both sides – in particular, thanks to the personal commitment and promotion of the leaders of both countries – this new model of relationship has made much headway in terms of both conceptual development and of the actual practice. Last year, China-U.S. two-way trade reached 555.1 billion U.S. dollars, and the stock of our two-way investment exceeded 120 billion U.S. dollars. More than 4.3 million people traveled between the two countries last year. All these numbers have set record highs in history.

Our two countries have maintained frequent contacts at the top and all the other levels, and we have had productive cooperation in important fields ranging from economy, mil-to-mil exchanges, people-to-people exchanges, and also a contact between localities. The two sides have also carried out close communication and coordination on important international and regional issues.

In September this year, President Xi will be paying a state visit to the United States. The most important task for the meeting between Secretary Kerry and me today is to make preparations for the presidential visit and to compare notes with the other side. Just now, together with Secretary Kerry, we exchanged views concerning the arrangement of events, the agenda items, and the outcomes of this visit. Both of us are of the view that this visit by President Xi to the United States is the paramount priority for China-U.S. relationship this year, which will have far-reaching and major implications for China-U.S. relationship in the days ahead. The two sides will continue to work in close tandem with each other, make careful plans, accumulate outcomes, and build up the atmosphere to make sure that the visit is smooth-going and successful.

To achieve this, we have to work together to make sure that the seventh round of the China-U.S. S&ED – the Strategic and Economic Dialogue – and the sixth round of the High-Level People-to-People Consultation between China and the United States, to be held in the United States in the latter half of June this year, to be as productive as possible. We need to further deepen our economic and trade cooperation and speed up the BIT, the bilateral investment treaty negotiations. We hope the U.S. side will take concrete measures to ease civilian-use high-tech export control vis-a-vis China.

We need to continue to maintain the good momentum of the growth of our military-to-military relationship and follow through on the mechanism of notification of major military activities between the two sides, and reach an early agreement on military aircrafts covered by the code of safe conduct for maritime and air encounters.

We need to strengthen dialogue and cooperation in the legal and the law enforcement field, and try to make new progress in the pursuit of fugitives and the recovery of their criminal proceeds. We need to strengthen communication, coordination, and cooperation on international and regional issues, including the Iranian nuclear issue, the Korean nuclear issue, Afghanistan, and the prevention and control of the Ebola epidemic, so as to continue to add new strategic dimensions to this new model of relationship – major country relationship between China and the United States.

We need to strengthen communication on Asia Pacific affairs and jointly explore the prospect of harmonious coexistence and win-win cooperation between China and the United States in this region. We need to continue to strengthen our communication and coordination on climate change to jointly ensure the success of the upcoming climate conference in Paris later this year. Meanwhile, we need to also work together to advance our bilateral practical cooperation on climate change.

This year marks the 70th anniversary of the founding of the United Nations and the end of the World Anti-Fascist War. As allies and victory parties during the Second World War, China and the United States have common interests in upholding the outcomes of the victory of the Second World War and also upholding the existing international order with the United Nations at its center.

Both sides are of the view that we have far more common interests than differences between us, and dialogue and cooperation always represent the theme of our bilateral relationship. Both sides need to act in a spirit of mutual respect, seeking common ground while shelving differences, and address the differences and sensitive issues between us in a constructive manner. China also expounds its principled stance on such issues related to Taiwan and Tibet.

China-U.S. relationship is one of the most important bilateral relationships in the world, and our two countries jointly shoulder the responsibility and obligation to uphold both peace and promote world development. As long as both sides continue to act in the principle of non-confrontation, non-conflict, mutual respect, and win-win cooperation, and stay committed to the path of building a new model of relationship – major country relationship between China and the United States, we will be able to usher in a bright prospect for China-U.S. relationship and bring more benefits to the people in both countries and enduring peace and prosperity for the world.

MR. LU: (Via interpreter) Thank you, Minister Wang. Now Secretary Kerry, the floor is yours.

SECRETARY KERRY: Well, thank you very much, Minister Wang. I’m really delighted to be back in China and I thank you very much for your generous welcome today. You and your colleagues have gotten our trip off to a very constructive beginning and I appreciate the comments you made about the importance of dialogue and the importance of working through disagreements, and mostly building on the areas where we agree that great progress can be made.

As Foreign Minister Wang said, we’ve just had a very productive meeting, and one of the reasons that we’re late is that it took longer and we dug into a number of issues in depth, and we’ll continue in a few moments over lunch.

This is my fifth visit to China as Secretary of State, and the reason for that is simple. As I’ve said previously, before President Obama and I traveled to Beijing last fall, the relationship between the United States and China is certainly one of the most consequential, if not the most consequential relationship in the world. In recognition of that and America’s commitment to Asia, Under Secretary Sherman traveled here a few months ago. Deputy Secretary of State Blinken was here about a month ago. I am now here about a month before we have our economic and security dialogue to take place in Washington. And other high-level visits are continually taking place, including military-to-military as well as the Secretary of Homeland Security Johnson was here recently, and Secretary of Energy Ernie Moniz was scheduled – had to delay, but will also be here soon.

And there are three key meetings that we are all working on together to prepare for in order to build success. One is the Security and Economic Dialogue that will take place in June in Washington. Two is the summit between President Xi and President Obama to take place in September. And three is the global meeting that we are working on together regarding climate change in Paris in December.

So thanks to focused diplomacy and the leadership that President Obama and President Xi have displayed, today our nations are collaborating to address not just bilateral and regional matters, but some of the most complex global challenges that the world has ever seen. That includes our work together on curbing the disease Ebola, it includes our work together regarding the DPRK – North Korea – and its nuclear program, and it also includes our work together with respect to the P5+1 nuclear negotiations with Iran.

Foreign Minister Wang and I have already spent time discussing some of that today, and I’m personally grateful for his personal commitment and hard work, the contributions they made – China made to Lausanne, to the discussions there and the negotiations, and now to the ongoing discussions. But from the moment those talks began, China has been playing an important key role as a P5 member. Our nations remain closely aligned in this effort. We are united along with the rest of our P5+1 and EU partners. We all understand that unity has been the key to getting where we are today, and it will be the key to completing a good deal and seeing it fully implemented.

We still have a long way to go. Many technical issues remain to be resolved. But we will continue to work hard as the June 30th deadline approaches. And we are all united and committed to do all we can to finalize an agreement that cuts off all of Iran’s pathways towards enough fissile material for a nuclear weapon, and gives the international community confidence that Iran’s nuclear program is exclusively peaceful.

On another nonproliferation challenge, we have consistently agreed in all of our meetings since I became Secretary of State and we have met that North Korea’s nuclear and missile programs are a threat to regional stability, and we have consistently agreed to enhance cooperation to bring about North Korea’s denuclearization. As with Iran, Foreign Minister Wang and I have always agreed that a mix of negotiations and pressure are needed to address this challenge, and North Korea needs to live up to its international obligations and commitments. And it is obvious that North Korea needs to recognize that it will not succeed in developing its economy or breaking out of diplomatic isolation if it continues to reject denuclearization.

The United States and China are also cooperating more closely than ever to address climate change, one of the greatest threats facing our planet today. Last fall, our respective presidents came together to announce our countries’ greenhouse gas commitments, the reductions, and we continue to call on other nations around the world to set their own ambitious targets. And we agreed this morning that as we get closer to the UN Climate Conference in Paris later this year, the United States and China, the world’s two largest greenhouse gas emitters, will elevate our cooperation and coordination so that we can reach the kind of global agreement that we will need to ultimately address this threat.

We’re looking forward to building on our cooperation in other areas as well, including international development assistance and the fight against violent extremism. We welcome China’s increased engagement with Afghanistan and its support of an Afghan-led, Afghan-owned peace process. Together, the United States and China are committed to supporting political cohesiveness and ensuring Afghanistan never again becomes a safe haven for terrorists.

And there are many other issues that we are working on together – trade, bilateral investment treaty, any number of different considerations on a global basis. But even as we work on these many, many issues, obviously, there are also areas where our nations have differences. And Foreign Minister Wang and I discussed those as well. We discussed our mutual interests and principles on how to handle maritime disputes in the East China Sea and the South China Sea. The United States has stated that we are concerned about the pace and scope of China’s land reclamation in the South China Sea. And I urged China, through Foreign Minister Wang, to take actions that will join with everybody in helping to reduce tensions and increase the prospect of a diplomatic solution. And I think we agree that the region needs smart diplomacy in order to conclude the ASEAN-China Code of Conduct and not outposts and military strips.

And I think one of the things that characterizes the strength of – or the growing strength of our relationship and the willingness to cooperate is the fact that on a maritime dispute or on other issues – cyber issues or human rights, other areas – where we may have differing opinions, we don’t simply agree to disagree and move on. Both of our nations recognize the importance of talking to each other candidly about those disagreements and trying to find a cooperative road ahead.

It’s only by talking through differences on a regular basis that you can actually work to narrow them over time. And that is the mark of an effective partnership. So I look forward to continuing my discussions with Foreign Minister Wang through the day, and also to the meetings that I’m going to have with State Councilor Yang Jiechi, with Premier Yi, with Vice Chairman Fan, and tomorrow with President Xi. These discussions will help us to build this cooperation and this relationship. And these conversations will set the stage for what we are confident will be a productive Strategic and Economic Dialogue in June, and certainly for President Xi’s trip to Washington this fall.

There is no question but that our nations share extraordinary opportunities that are looking at us as we build the history of this century. We have a lot to accomplish together in the coming years. As two of the world’s major powers and largest economies, we have a profound opportunity to set a constructive course on a wide range of issues that will affect everybody all across this planet. So the United States looks forward to continuing to build this relationship, to work with China, to build on our partnership of today, in order to create the most constructive future that we can, and not just for the people of our two countries but for millions of people around this planet who depend on great and powerful nations to help set high standards of behavior and of aspiration. Thank you.

MR LU: (Via interpreter) Well, thank you, Secretary Kerry. And now, Foreign Minister Wang and Secretary Kerry, though their time is very limited, they will be happy to take two questions from the floor. Firstly, I would like to ask one American journalist to ask one question to Secretary Kerry.

MS HARF: Great. The U.S. question is from David Brunnstrom of Reuters. The microphone is coming to you.

QUESTION: Thank you very much. I wonder if I could ask both sides about your different visions for Asia Pacific prosperity, namely the TPP and the AIIB, and what the prospects are of China joining the former and the United States the latter at some point in the future. And to follow on from that, one of the dangers in the future to bilateral cooperation and regional prosperity posed by tensions in the South China Sea, and particularly the possibility of U.S. patrols inside China’s 12-mile limit around the Spratly Islands.

And could I ask the Secretary to clarify, does the United States plan to carry out these patrols? And for the foreign minister to tell us how China would respond in the event of those patrols taking place?

I know this is a long question, but I wanted to also add on North Korea. I wondered if you could tell us if you share concerns about the latest missile test there and whether you see the prospects of a deal on Iran’s nuclear program opening the way for one on North Korea in the future. Thank you.

SECRETARY KERRY: Well, let me try to address all four questions – (laughter) – as quickly as I can.

With respect to the AIIB, there’s an enormous amount of misunderstanding, but let me try to be clear. There is a pressing need to enhance infrastructure investment throughout Asia as well as around the world. And the United States welcomes new multilateral institutions, including the Asia Infrastructure Investment Bank, provided that they share the international community’s strong commitment to high-quality standards, including genuine multilateral decision making, ever-improving lending requirements, and environmental and social safeguards. Those are the high standards that apply to global financial institutions.

And we will continue to engage directly with China and with other countries in order to provide suggestions as to how the AIIB can best adopt and implement these particular standards. But with that, we welcome the AIIB, and we encourage it to co-finance some projects with existing institutions like the World Bank and the Asian Development Bank. And we are confident that under those circumstances, it can make an enormous difference, and we would strongly encourage it, as we talk today, to embrace a percentage of its allocation to – a significant percentage to clean energy, alternative energy, renewable energy, to sustainable environmental and other kinds of projects. And because of climate change in the United States, we are ending any funding – public money – that funds coal-fired power projects because of their impact on the climate. And we encourage China and other countries to do the same.

Now on the TPP, we welcome any country – we have a group of countries now come together to negotiate, but we welcome any country to come in to meet the standards of the TPP, and ultimately account for a standardization of the way in which people will approach trade, development, and investment. And I want to emphasize this – the TPP is not in opposition to anyone, any region, or anything. It is a proactive effort to raise the trade standards and transparency accountability of doing business on a global basis. It will set high standards on issues like labor, the environment, state-owned enterprises, intellectual property protection, in a part of the world where we believe those standards are still in flux and being determined. And this will help to create the rules of the road in a way where everybody benefits.

You may ask, “Why is that?” Because in today’s knowledge economy, in the knowledge economy of a global marketplace, stronger intellectual property rights protection actually encourages greater industrial production and it encourages foreign direct investment because it provides accountability for people’s investments. And what we have found in the United States, where today, we’re blessed to have unemployment below 5 percent, and where – around 5 percent, excuse me – and where we have enormous growth and innovation and entrepreneurial activity taking place, we believe that these standards encourage foreign direct investment in technology-intensive industries; it supports higher wages; and it fosters technology transfer and innovation.

Now I’ve taken a little longer than I wanted, but let me come very quickly to Korea and Iran. China is a vital partner in the Six-Party process with a very unique role to play because of its economic, diplomatic, and historical ties with North Korea. We share the common goal of peace and stability in the Korean Peninsula, and we agree on the need for denuclearization in a peaceful manner. President Xi and President Obama affirmed their fundamental agreement and commitment to the denuclearization of Korea – North Korea in their public comments at the bilateral summit last November. So we intend to remain deeply engaged with China, which has unique leverage, and we appreciate many of the steps China has taken already over the past two years to implement the UN Security Council sanctions. But we will continue to work to make it absolutely clear to the DPRK that their actions, their destabilizing behavior, is unacceptable against any international standard.

And I’m sure that Foreign Minister Wang would join me in expressing the hope that if we can get an agreement with Iran, that that – excuse me – that if we can get an agreement with Iran, that that agreement would indeed have some impact or have a positive influence in describing how you can come to the realization that your economy can do better, your country can do better, and you can enter into a good standing with the rest of the global community by recognizing that there is a verifiable, irreversible denuclearization for weaponization, even as you could have a peaceful nuclear power program. And hopefully, that could be a message, but whether or not DPRK is capable of internalizing that kind of message or not, that’s still to be proven.

QUESTION: Sorry, can I just follow up?

MS HARF: I think we’re a little tight on time, sorry.

SECRETARY KERRY: Four is enough. (Laughter.)

MR. LU: (Via interpreter) Now I would like to ask one Chinese journalist to ask one question to Foreign Minister Wang from CRI.

QUESTION: (Via interpreter) From China Radio International. My question is: Recently, some American experts, scholars, and media are of the view that Chinese proposals, including the Asia security concept, the AIIB, setting up the Silk Road Fund and the maritime and land Silk Road initiative are all geared to challenge the position and role of the U.S. in the Asia Pacific region and squeeze the United States outside of Asia. How do you look at this issue?

SECRETARY KERRY: We look – is that for me?

FOREIGN MINISTER WANG: That question for me. Okay. (Via interpreter) Well, such notion does crop up frequently, but I have to say that the fact we are seeing is there are more and more interaction between China and the United States in Asia, and our cooperation is becoming increasingly more close. And the Asia Pacific region has become the priority place for China and the United States in their effort to put in place a new model of major country relationship. And I talked about a whole range of cooperation items with Secretary Kerry just now, and many of them are issues in Asia.

China is a member in Asia, and very naturally, we need to contribute our share to Asia’s peace and development. To achieve this, China has framed a series of important and positive proposals, including the Asia security concept and the land and maritime Silk Road initiatives and so on, which testify fully to China’s readiness to work with all countries for Asia’s peace and stability. These, of course, have been very widely, warmly received and supported by countries in Asia. Asia, of course, in the first place, is the Asia of the Asian people.

Meanwhile, we always believe that Asia should be an open and inclusive Asia, because only inclusiveness and openness could make sure that Asia would always keep abreast with the rest of the world for enduring peace – for enduring development and prosperity. Take the AIIB as an example. Right now, it has got 57 founding member countries, and among them, 23 are from regions outside of Asia. This shows fully that when we talk about openness and inclusiveness, we are not simply talking the talk; we are actually walking the walk.

The United States is an important country in the Asia Pacific region, and we welcome a positive and constructive role of the U.S. in Asia Pacific affairs. And we stand ready to strengthen communication and cooperation with the U.S. side on this. As globalization continues to grow, today’s world is a world of cooperation instead of confrontation. It is a world of win-win outcomes instead of a zero-sum game. President Xi has proposed to build a new model of international relationship with win-win cooperation at the center. And I believe China and the United States are fully capable of continuing to strengthen strategic communication at both the bilateral and at the international levels, and carry out useful cooperation in all regions in the world, including the Asia Pacific, so as to continue to make our due contribution to world peace and prosperity.

Just now, the Secretary talked about maritime issues. Though the journalist violated the rule that one question only, but I respect your right to ask questions, so I would like to add a couple of words on this. Firstly, I would like to re-emphasize or reaffirm here that the determination of the Chinese side to safeguard our own sovereignty and territorial integrity is as firm as a rock, and it is unshakable. It is the request from our people and their government, as well as a legitimate right of ours.

Meanwhile, it has always been our view that we need to find appropriate solutions to the issues we have through consultations and negotiations among the parties directly concerned with peaceful means, in particular with the diplomatic means, as mentioned by the Secretary just now, on the basis of respecting historical facts and international law. This is our set policy, and this position will remain unchanged in the future.

And another thing I would like to let you know is that as a signatory party to the UNCLOS, the United Nations Convention on the Law of the Sea, China will of course honor our international obligations enshrined in this document. And on China’s development on some of the islands and reefs in Nansha, this is something that falls fully within the scope of China’s sovereignty. However, regarding the concerns from the parties on this matter, we hope to continue to have dialogues to better our mutual understanding. We are having such dialogues with the United States, and we are also continuing the talks with the ASEAN countries. And we will continue with this practice of conducting dialogues on this matter.

China and the United States do have differences on the South China Sea issue, but we also have a lot of agreement. For instance, we both hope to maintain peace and stability of the South China Sea, and we are both committed to the international freedom of navigation enshrined by international law. And we are both for settlement of the disputes through dialogues and consultation in a peaceful way. And as for the differences, our attitude is it is okay to have differences as long as we could avoid misunderstanding, and even more importantly, avoid miscalculation.

We welcome the positive remarks made by the Secretary on the AIIB. The AIIB is a multilateral institution, so naturally, its operation will be observing international rules. And the AIIB is also ready to carry out cooperation with other multilateral institutions, including the World Bank and the Asia Development Bank. You also raised the question on the relationship between the AIIB and the TPP.

And I wish to tell you here on this is that the defining feature of the AIIB is its openness. And for TPP, we’ll hope, as the Secretary has said just now, will be an open institution so that it will dovetail with the existing multilateral trading regime for the promotion of free trade in the world.

You also asked questions on the Iranian and nuclear – Korean nuclear issues. Secretary Kerry has said a lot on them already. What I would like to add is that as members – permanent members of the UN Security Council and as key members of the nonproliferation regime, China and the United States have the responsibility to work together with the rest of the international community to uphold the sanctity of the international nonproliferation regime, and use diplomatic means to find appropriate solutions to those nuclear issues to achieve lasting peace and stability in the regions concerned. We stand ready to work together with all countries in the world on those issues. Thank you.

SECRETARY KERRY: I just have one question for the foreign minister. I want to know if “Talk and talk and walk the walk” rhymes as well in Chinese. (Laughter.)

FOREIGN MINISTER WANG: (Laughter.)

MR LU: (Via interpreter) That’s the end of the press conference. Thank you for coming.

Friday, March 20, 2015

ON ENERGY AND CLIMATE CHANGE, PRESIDENT OBAMA MAKES REMARKS

FROM:  THE WHITE HOUSE
March 19, 2015
Remarks by the President on Energy and Climate Change
Department of Energy
Washington, D.C.
11:28 A.M. EDT

THE PRESIDENT:  Well, It is wonderful to be here at the Department of Energy with some of our outstanding private sector partners.  Secretary Ernie Moniz is in Geneva doing some important work on behalf of our national security, but I want to thank him and his team at the Department of Energy, as well as our folks over at EPA.  And Administrator Gina McCarthy is here, as well as Christy Goldfuss at the Council on Environmental Quality.

This has been a team effort to make sure that we are doing everything we can to boost the energy efficiency of the American economy.  And since we’ve said it’s important, we thought it was important for us to lead by example here at the federal government.  As you know, I just took a tour of the solar-powered roof upstairs.  And those panels are not just for show -- they produce power that the government doesn’t then have to buy off the grid.  And more and more businesses and more and more homeowners are following suit not because it’s simply good for the environment, but because it’s good for their bottom lines.

Thanks in part to the investments that we’ve made over the past six years, the United States is rapidly becoming a leader in solar energy.  Last year was the biggest year for solar power in our history.  And, in fact, the solar industry is adding jobs 10 times faster than the economy as a whole.

So we’re proving that it is possible to grow our economy robustly while at the same time doing the right thing for our environment and tackling climate change in a serious way.

Over the past six years, we’ve done more than ever to to combat climate change.  Last year, the federal government used less energy than at any time in the past four decades.   And in a historic joint announcement that many of you saw, China committed to limiting their emissions for the first time.

So today, America once again is going to be leading by example.  This morning, I signed an executive order that will do two things.  First, we’re going to cut the federal government’s greenhouse gas emissions 40 percent from the 2008 levels within the next 10 years.  Second, we’re going to increase the share of electricity that the federal government uses from renewable sources to 30 percent within the next 10 years.  These are ambitious goals, but we know that they’re achievable goals.

And I want to thank the executives of some of our leading companies in the country who are here, because they’re stepping up and making similar commitments.  Folks from IBM to GE, Northrop Grumman -- some of our biggest Fortune 100 companies are setting their own ambitious goals.  And, cumulatively, what this is doing is allowing us across the economy to not only hit some key targets that are going to be required in order for us to reduce climate change, but they’re also saving money, helping their bottom line, and they’re giving a boost to the industry as a whole -- because as we get economies of scale, and demand for solar and wind and other renewable energies grows, obviously that can help drive down the overall price, make it that much for efficient, and we start getting a virtuous cycle that is good for the economy and creates jobs here in America.

So we very much want to thank our private sector partners.  You guys have done an outstanding job.  And because of the prominence of many of the companies here, and the fact that they’ve got a whole bunch of suppliers up and down the chain, what you do with respect to energy efficiency is going to have a ripple effect throughout the economy.  And we’re very pleased with that.

So thank you very much.  Thank you, guys.

Q    -- Iran?

THE PRESIDENT:  I’m sorry, we’re talking about energy, and it’s a great story, so hopefully you’ll focus on it.  Thank you, guys.

END
11:33 A.M. EDT

Wednesday, December 3, 2014

READOUT: PRESIDENT OBAMA'S CALL WITH EUROPEAN COUNCIL PRESIDENT TUSK

FROM:  THE WHITE HOUSE
December 01, 2014
Readout of the President's Call with European Council President Donald Tusk


President Obama called President Donald Tusk today to congratulate him on his first day as President of the European Council.  President Obama underscored the importance of continued U.S.-EU cooperation and noted the need for policy action to strengthen European economic growth.  The two leaders affirmed their determination to achieve an ambitious and comprehensive Transatlantic Trade and Investment Partnership (T-TIP) agreement.  They also reiterated the U.S. and EU commitment to work with international financial institutions to provide the financial support Ukraine needs as it stabilizes its economy, implements necessary reforms, and seeks to resolve the conflict in the eastern part of the country.   They agreed that sanctions against Russia cannot be eased until Russia meets its commitments under the Minsk agreements, and reiterated the joint U.S. and EU condemnation of Russia’s occupation and attempted annexation of Crimea.  The leaders assessed what further actions may be necessary in response to Russia’s destabilizing actions in eastern Ukraine and Crimea.  They also discussed combined efforts to support governments in western Africa as they seek to arrest the spread of Ebola, provide treatment to those infected, and partner on global health security. 

Saturday, November 1, 2014

U.S. OFFICIAL'S REMARKS AT DOING BUSINESS IN ALGERIA ROADSHOW

FROM:  U.S. STATE DEPARTMENT 
Remarks at the Doing Business in Algeria Roadshow
Remarks
Charles H. Rivkin
Assistant Secretary, Bureau of Economic and Business Affairs
Washington, DC
October 29, 2014

Thank you, Mr. Ambassador.

Monsieur le Ministre, et vos collègues et ministers du Gouvernement algérien … Monsieur L’Ambassadeur …. Les capitaines d'industries et les dirigeants d'entreprise …. Mesdames and messieurs ….Bienvenue et As-Salaam-Alaikum.

I’d like to welcome Algerian Minister Abdeslam Bouchouareb, his delegation of governmental and business leaders from Algeria, and Ambassador Abdallah Baali to Washington.

I’d also like to welcome our guests from the U.S. Government and business representatives. And many thanks to the U.S.-Algeria Business Council for organizing the Roadshow.

It’s always exciting to me to speak with business people. I spent 20 years as a businessman in the entertainment industry. After that, I was honored to represent my country as an Ambassador of the United States. And I learned that being a businessman and being a diplomat were not so very different.

As a businessman, I learned the importance of not only measuring profitability in terms of dollars and cents; it was equally important to measure value in the difference my companies could make in people’s lives – or the changes in someone’s understanding about the world.

As Ambassador, a key element of success was understanding how to listen; how to find common ground between countries, to maximize the effectiveness of our policies. For me, it was important for success to flow in many directions.

So when Secretary Kerry asked me to join his economic team and help lead what he called his “shared prosperity agenda,” I knew exactly what he had in mind.

I lead a Bureau that works every day to do precisely that. So I am delighted to have this opportunity to speak to you about ways our business ties can change futures, and deliver jobs to the people of both our nations.

Some may ask: What are the opportunities in Algeria? The answer is simple. As we meet, Algeria is at a key moment in its history.

It is evolving from a country rich in oil resources – to a country that recognizes the importance of moving away from dependence on fossil fuels.

It understands that to become a prosperous nation, it must evolve towards a more diversified and sustainable economy. And that is good news for both the Algerian people and the U.S. firms prepared to become partners in that future.

The signs are promising. President Abdelaziz Bouteflika and his government have committed to building the country’s infrastructure, and bringing reforms that can spur job creation for Algerians and expand Algeria’s trade and investment.

As we speak, foreign investors, the Algerian business community, and the U.S. Embassy in Algiers are engaging the Algerian government on ways to improve the investment environment and attract more investment to Algeria.

We also recognize there is a long road still ahead, if Algeria is to realize its enormous potential.

Many U.S. investors and businesses with interests in Algeria have identified challenges that they continue to face. And forums like this provide an excellent platform to discuss them forthrightly and ask the important but sometimes difficult questions.

For example, the regulatory environment – according to many businesses and investors – is often opaque, which may create the perception of commercial risk for foreign investors.

Decision-making can be slow and there are often barriers to trade.

Another challenge is Algeria’s 51/49 rule, which prohibits foreign companies from having a majority ownership stake.

But as I look around me, I see Algeria’s political and economic leadership. I see representatives of some of Algeria’s largest agricultural, health care, hydrocarbon, construction, and manufacturing companies.

And on the American side, I see many of the companies with interests in Algeria, including senior management from GE, Anadarko, Varian, and AGCO.

You are precisely the right people to address these challenges in granular and tangible ways.

One major question to address would be Algeria’s accession to the World Trade Organization. We recognize that accession is a challenging process. But we strongly encourage Algeria to work through the many issues and make economic reforms in line with WTO obligations.

We are encouraged by the progress we see.

Alberto d’Alotto, president of the working group in charge of Algeria’s accession to the WTO, recently visited Algiers and had fruitful discussions with several ministers.

And it’s clear that your government fully recognizes the importance of Algeria’s WTO accession to jobs and economic diversification.

WTO accession will not only create greater trade between our countries, it will send a strong signal to investors that Algeria is committed to a rules-based trading system.

That certainty will encourage them to build business and support projects that will create employment opportunities for young Algerians.

This will support and build on other important successes – like Algeria’s decision to sign a Memorandum of Understanding with the U.S. Pharmaceutical Research and Manufacturers Association earlier this year. That’s a promising step to building a vital economic partnership.

I look forward to hearing many more success stories like Boeing’s recent contract with Air Algérie to provide eight 737-800 aircraft, a contract estimated to be worth $724 million ... or General Electric’s three contracts – worth almost $3 billion – with SPE, which would create nine power plants to meet Algeria’s power sector needs.

With our shared interest in further improving the business climate, we can realize more contracts like GE’s with the Government of Algeria to construct five new hospitals that will strengthen its healthcare sector … or Varian Medical Systems’ $51 million contract with the Algerian Ministry of Health, which will help build the country’s cancer treatment infrastructure with three medical linear accelerators.

Algeria has a history that goes back longer than the United States. But the future stretches even longer in front of us – and the book is not yet written.

As long as the people of our two nations have aspirations and hopes for economic opportunity, it is our duty to honor them.

These and other business initiatives are some of the ways that we can write our own stories, create our own prosperity, and change the trajectories of our future.

All we need is the political will to support business-friendly environments, to continue the good faith that has endured between our two countries, and our collective imaginations. The seeds for all those things can start right here, and right now, in Washington.

Thank you.

Friday, October 31, 2014

USING COMPUTERS CAN MAKE EASIER COMPLICATED WATER RIGHTS TRADING

FROM:  NATIONAL SCIENCE FOUNDATION 
Selling and buying water rights
NSF Innovation Corps awardees founded the company Mammoth Trading to provide a neutral, centralized resource

Trying to sell or buy water rights can be a complicated exercise. First, it takes time and effort for buyers and sellers to find each other, a process that often relies on word-of-mouth, local bulletin boards, even calling friends and neighbors to get the word out. Then they must deal with the maze of rules and regulations involved. Finally, they must reach a fair price.

It would be much easier if a computer could do it. Now, one can.

Scientists at the University of Nebraska and the University of Illinois at Urbana-Champaign have developed an algorithm that can match potential buyers and sellers, sift through the complexity of local physical and regulatory systems, and reach a fair deal designed especially for them. It also allows the negotiating parties to provide information confidentially during the process.

"It's a different way of matching buyers and sellers in places where there aren't established markets," says Nicholas Brozoviæ, director of policy at the Robert B. Daugherty Water for Food Institute and associate professor of agricultural economics at the University of Nebraska. "It's a different way of building a market for potential buyers and sellers of natural resources. It maintains confidentiality and it is structured in a way that is neutral and fair."

The National Science Foundation (NSF)-funded Brozoviæ's research focuses on using economic analysis to understand natural resource systems, with a special emphasis on water resources. He designs and evaluates management policies that can maintain or improve the condition of natural resources. Much involves collaborations with engineers, urban planners and others.

Mammoth Trading, a new company that grew out of his research, hopes to provide a neutral centralized place for both buyers and sellers interesting in trading water rights and other resource use rights. The goal is to craft each transaction by taking local community needs into account, as well as factors unique to the individuals involved.

There is a transaction fee associated with the market and any benefits from trading are split between buyer and seller, "which is not typically how brokerage works," Brozoviæ says. But "we view ours as a fairer system."

The company currently is developing a certified irrigated acreage market for groundwater rights in the Twin Platte Natural Resources District in Nebraska, as well as working on developing other systems, mostly in water quantity and quality, as well as other natural resources.

"Before we started, it was really difficult to identify those interested in buying or selling their rights," says Richael Young, company president, and an expert in environmental engineering and agricultural economics. "We provide a central hub for people. Right now, they spend a lot of time either calling up people, seeing if someone is interested in trading, or hiring a realtor, which can take months, and still may not tell you whether or not a person is eligible to trade."

Although the company is just getting started, the researchers see a future where the system will expand to other areas and natural resources.

"Part of our thinking is how we can scale this idea and broaden this scope to other environmental markets," Brozoviæ says. "Beyond this relatively narrow market of trading groundwater rights, there are many other natural resources that have the same features where a similar system could work, such as habitat markets or wetland mitigation markets, storm water management in urban areas, water quality in waste water treatment plants.

"There is a broader move within environmental regulations to move to market based systems," he adds. "If done correctly, it may be a cheaper way to achieve a better environmental outcome."

However, there can be considerable complexity in implementing environmental and resource use regulations using markets.

"For carbon, it's a pretty simple process, since the atmosphere is well mixed so it doesn't matter where carbon emissions occur," Young says. "But when you think about ground or surface water, those are highly localized resources. You can't have a trading scheme that allows people to trade wherever they are located, since there are physical laws that govern the movement of groundwater and surface water.

"So those are the kinds of rules we incorporate into the system to allow people to trade more effectively," she adds. "Our goal is to help businesses operate more efficiently within existing regulations. For now, we are focusing on groundwater. In the future, we hope to enter into markets for surface water and air pollutants."

One incentive for expansion to other areas is the fact that the market for trading groundwater permits is highly seasonal. "Once you've planted your seeds and made those decisions, you may not be interested in trading for more water rights," Young says.

NSF has supported their efforts with a $50,000 Innovation Corps (I-Corps) grant, awarded in 2013, which provides a set of activities and programs that prepare scientists and engineers to extend their focus beyond the laboratory into the commercial world.

The goal of the I-Corps program is to help researchers translate their discoveries into technologies with near-term benefits for the economy and society. It is a public-private partnership program that teaches grantees to identify valuable product opportunities that can emerge from academic research, and offers entrepreneurship training to student participants.

Mammoth Trading recently completed its first deal, and is working on others. "We expected it would take time for people to become familiar with our system, and how it works," Young says. "It surprised us how quickly people did hear about us. We got some trades earlier than expected, and we were able to get them through."

Brozoviæ agrees. "We now have the first trades in our system, which is exciting," he says. "Eventually we could do this nationwide, and potentially internationally."

-- Marlene Cimons, National Science Foundation
Investigators
Nicholas Brozovic
Ximing Cai
John Braden
Albert Valocchi
Stephen Gasteyer

Saturday, May 31, 2014

PRESIDENT OBAMA'S WEEKLY ADDRESS FOR MAY 31, 2014

FROM:  THE WHITE HOUSE 

Weekly Address: Reducing Carbon Pollution in Our Power Plants

WASHINGTON, DC — In this week’s address, President Obama discussed new actions by the Environmental Protection Agency to cut dangerous carbon pollution, a plan that builds on the efforts already taken by many states, cities and companies. These new commonsense guidelines to reduce carbon pollution from power plants were created with feedback from businesses, and state and local governments, and they would build a clean energy economy while reducing carbon pollution. The President discussed this new plan from the Children’s National Medical Center in Washington, D.C., where he visited children whose asthma is aggravated by air pollution.  As a parent, the President said he is dedicated to make sure our planet is cleaner and safer for future generations.
Remarks of President Barack Obama
Weekly Address
Children’s National Medical Center in Washington, D.C.
May 31, 2014
Hi, everybody.  I’m here at Children’s National Medical Center in Washington, D.C., visiting with some kids being treated here all the time for asthma and other breathing problems.  Often, these illnesses are aggravated by air pollution – pollution from the same sources that release carbon and contribute to climate change.  And for the sake of all our kids, we’ve got to do more to reduce it.
Earlier this month, hundreds of scientists declared that climate change is no longer a distant threat – it “has moved firmly into the present.” Its costs can be measured in lost lives and livelihoods, lost homes and businesses; and higher prices for food, insurance, and rebuilding.
That’s why, last year, I put forward America’s first climate action plan.  This plan cuts carbon pollution by building a clean energy economy – using more clean energy, less dirty energy, and wasting less energy throughout our economy. 
One of the best things we can do for our economy, our health, and our environment is to lead the world in producing cleaner, safer energy – and we’re already generating more clean energy than ever before.  Thanks in part to the investments we made in the Recovery Act, the electricity America generates from wind has tripled.  And from the sun, it’s increased more than tenfold. In fact, every four minutes, another American home or business goes solar – and every panel is pounded into place by a worker whose job cannot be shipped overseas.
We’re wasting less energy, too.  We’ve doubled how far our cars and trucks will go on a gallon of gas by the middle of the next decade, saving you money at the pump – and we’re helping families and businesses save billions with more efficient homes, buildings, and appliances.
This strategy has created jobs, grown our economy, and helped make America more energy independent than we’ve been in decades – all while holding our carbon emissions to levels not seen in about 20 years.  It’s a good start.  But for the sake of our children, we have to do more. 
This week, we will.  Today, about 40% of America’s carbon pollution comes from power plants.  But right now, there are no national limits to the amount of carbon pollution that existing plants can pump into the air we breathe. None. We limit the amount of toxic chemicals like mercury, sulfur, and arsenic that power plants put in our air and water.  But they can dump unlimited amounts of carbon pollution into the air.  It’s not smart, it’s not safe, and it doesn’t make sense.
That’s why, a year ago, I directed the Environmental Protection Agency to build on the efforts of many states, cities, and companies, and come up with commonsense guidelines for reducing dangerous carbon pollution from our power plants.  This week, we’re unveiling these proposed guidelines, which will cut down on the carbon pollution, smog, and soot that threaten the health of the most vulnerable Americans, including children and the elderly.  In just the first year that these standards go into effect, up to 100,000 asthma attacks and 2,100 heart attacks will be avoided – and those numbers will go up from there. 
These standards were created in an open and transparent way, with input from the business community.  States and local governments weighed in, too.  In fact, nearly a dozen states are already implementing their own market-based programs to reduce carbon pollution.  And over 1,000 mayors have signed agreements to cut their cities’ carbon pollution. 
So the idea of setting higher standards to cut pollution at our power plants is not new.  It’s just time for Washington to catch up with the rest of the country.
Now, special interests and their allies in Congress will claim that these guidelines will kill jobs and crush the economy.  Let's face it, that’s what they always say. 
But every time America has set clear rules and better standards for our air, our water, and our children’s health – the warnings of the cynics have been wrong.  They warned that doing something about the smog choking our cities, and acid rain poisoning our lakes, would kill business.  It didn’t.  Our air got cleaner, acid rain was cut dramatically, and our economy kept growing.
These excuses for inaction somehow suggest a lack of faith in American businesses and American ingenuity.  The truth is, when we ask our workers and businesses to innovate, they do.  When we raise the bar, they meet it.  When we restricted cancer-causing chemicals in plastics and leaded fuel in our cars, American chemists came up with better substitutes.  When we phased out the gases that depleted the ozone layer, American workers built better refrigerators and air conditioners.  The fuel standards we put in place a few years ago didn’t cripple automakers; the American auto industry retooled, and today, they’re selling the best cars in the world, with more hybrids, plug-in, and fuel-efficient models to choose from than ever before.
In America, we don’t have to choose between the health of our economy and the health of our children.  The old rules may say we can’t protect our environment and promote economic growth at the same time, but in America, we’ve always used new technology to break the old rules.
As President, and as a parent, I refuse to condemn our children to a planet that’s beyond fixing.  The shift to a cleaner energy economy won’t happen overnight, and it will require tough choices along the way.  But a low-carbon, clean energy economy can be an engine of growth for decades to come.  America will build that engine.  America will build the future.  A future that’s cleaner, more prosperous, and full of good jobs – a future where we can look our kids in the eye and tell them we did our part to leave them a safer, more stable world.
Thanks, and have a great weekend.

Wednesday, May 21, 2014

VP BIDEN, ROMANIAN PRIME MINISTER PONTA MAKE REMARKS IN BUCHAREST, ROMANIA

FROM:  THE WHITE HOUSE 
Remarks by Vice President Joe Biden and Romanian Prime Minister Victor Ponta in a Joint Press Statement
Victoria Palace
Bucharest, Romania
1:10 P.M. (Local)

PRIME MINISTER PONTA:  (As interpreted) Good day.

We are very glad and honored to have the visit of Mr. Vice President Joe Biden here in Bucharest and at the headquarters of our government.

We are very happy to see you once again after the gathering that happened in October last year in Washington.  At that time, Vice President Biden said that he will come back to Romania, and as always he kept his word, and we’d like to thank him for that.

But I believe that his visit here is at the most necessary and right time for Romania, a moment when we have to reaffirm the idea of a strategic partnership that is stable and of long term between the United States of America and Romania, and the importance and confidence that the United States grant to the entire region and all of our partners and allies from the area, and also a special feeling towards the Romanian people that it’s not just our desire to have this strategic partnership, but also the United States considers Romania to be a trustworthy partner and a respected partner.

So this is the most important formula, and the presence of Vice President Biden in Bucharest is confirming this fundamental idea.  I want to restate once again in the name of Romania our total commitment to meet the requirements in our role that we play as a country at the border of NATO and the European Union, of the democratic world which is at this time confronted with a crisis situation that is unprecedented in the past 25 years, the aggression on behalf of the Russian Federation, breaching the international norms, the illegal annexing of Romania [sic].  These are challenges that this region has not seen in a long time.

And furthermore the presence of Vice President Biden here is a strong message for Romania, but also a strong message for the other countries in the region, first of all for Moldova, the country for which Romania has a lot of good feelings, but also for Ukraine, for Georgia and all the others that have decided to take the route of democracy, the route of reforms, and abiding the international law.

I had discussions with Vice President Biden for the decision of the Romanian government to assume all the positions that involve our situation right now.  The security can never be obtained free.  The investments that the Romanian government has to increase and has already increased regarding the defense system -- and I can tell you that we have an agreement and a political consensus in that -- for that point in the sense that for a short time period up until 2016, Romania will start allocating 2 percent of the GDP for defense expenditures.  And also the investment that Romania has made in -- from budgetary resources and EU financing and private financing in order to develop a strategic concept and specifically energy independence.

Romania is investing quite a lot.  It is open for investments so that it -- Romania itself can ensure for itself and for the Moldovan Republic an energy independence that is even more important in the current crisis conditions, an independence that will allow us to ensure to the Romanian and Moldovan population, to the economy of both countries that Russia will never be able to impede the normal functioning of these countries by using its energy supply.

The Romanian GDP increase, and I was happy to inform Vice President Biden of the situation that right now Romania is the economy that has the most rapid growth in the European Union.  This also grants the guarantee that we can be strong, that we can meet the tasks that we all have to meet here at the border of the NATO and EU, and we have an economic development later on that is even better.

In our discussion in October when I discussed with the state Secretary for Commerce, we had discussed an action plan that the Romanian government has already concluded, and it is implementing at this time in order to increase the investments of U.S. companies in encouraging commerce, in encouraging economic development and the collaboration between the two nations.

Furthermore than the bilateral collaboration, Romania is a very determined supporter of concluding the agreement that is known as T-TIP, the trade commerce agreement between the United States and the European Union.  We believe that at this time in the common trading area where we also have economic collaboration and democratic similar ideas can make us stronger in front of any challenges.

I would like to say in my conclusion that Romania must and can be an example of success in this region, an example of security -- military security, of political collaboration with the United States, of economic development, and of the economic and the democratic functioning of its institutions.  We have reaffirmed the government’s support for an independent justice system, an impartial justice system, an efficient justice system that will be able to apply truly that important principle of the fact that no one is above the law.  And whoever breaks the law no matter what his position is must answer in front of the court.

I would like to mention at this point that we have talked quite a lot about the Moldovan state.  Every time we have the opportunity to meet, I keep telling Mr. Vice President how important Moldova is for Romania, how important it is to support the United States, the European Union for this pro-European and pro-Romanian development of the Moldovan Republic.  And I want to thank for the support that the Washington administration is providing in an explicit manner, and they have assumed the fact that Romania and the Romanian people will be the beneficiary of what many other European citizens have, which is the visa waiver system.  All of the Romanians that go into the United States are contributing to what means the United States as a whole.

And I would like to say in my closing that I assured Vice President Biden that also in this year and the following years Romania will be for the United States a reliable and respected partner.

VICE PRESIDENT BIDEN: (In progress) hospitality, Mr. Prime Minister.  It’s good to see you again.  I appreciate your dedication to the U.S.-Romanian relationship, and I’ve enjoyed our chances to talk together both in Washington and here.

The first thing the Prime Minister and I spoke about today was cooperation, security cooperation between the United States and Romania.  I reiterated to the Prime Minister what he already knew that -- America’s unwavering commitment to collective self-defense and Article 5.  We expect all nations to honor their NATO commitments.  We will honor ours.  And there should be no doubt about that on anyone’s mind.

We also spoke at some length about energy security and how national security and energy security come together in this part of the world in the need to ensure that Russia can no longer continue to use its energy resources and European dependence on those resources as a weapon -- a weapon against anyone in this region.

And that's why I believe that the development of a secure, diverse and interconnected energy market in Europe is the next big step for our European colleagues to initiate in a great project of European economic integration.

We are -- where our help is welcome, we are ready to provide help, and we have some little, unique expertise in this area if it is desired.

And Romania can and should be a significant part of a European energy solution.  By upgrading Romania’s infrastructure, Romania can be a lynchpin that holds together the energy markets from the Black Sea to Central and Eastern Europe.  And by expanding domestic production of natural gas, Romania can emerge as an alternative supplier for its neighbors.

And by extending the Romanian pipeline network, Romania can be part of the energy solution for Moldova, a country that is now overwhelmingly almost 100 percent reliant on Russian energy.

Our countries stand together in supporting Moldova’s sovereignty and territorial integrity, its democratic development and its European aspirations.

The Prime Minister and I also spoke about steps we are taking to grow and deepen the economic partnership, including the Transatlantic Trade and Investment Partnership that we’re in the process of negotiating.  Not only will it strengthen the vibrant economies of Europe and the United States and strengthen them all, but it also will set down new rules of the road that are necessary for the conduct to trade and commerce in the 21st century.

And as I discussed with the President and the Prime Minister, there is no more important step Romania can take than to attract jobs and investment that can continue to help it grow but continue in the process to strengthen the rule of law in order to allow that to continue.

When other countries exploit corruption to undermine their neighbor’s sovereignty and independence, this is not only a matter of economic opportunity, but national security.  But it’s also a matter of economic competitiveness.  Where the rule of law is strong, where courts adjudicate disputes and in a transparently fair way, where the rules of the marketplace are predictable, this is where companies around the world invest.  This is where they make their homes.

I was encouraged by the Prime Minister’s agreement last October to take concrete steps to improve Romania’s business climate.  Of course, the follow-through is essential.  But it’s underway.  I applaud you, Mr. Prime Minister, for taking this initiative on such an important issue.

Romania to state the obvious is already a terrific ally, partner and friend.  And our future together is bright.  It’s no longer a matter of what it was a decade or more ago about what the United States can do for Romania.  It’s about what we can do together to strengthen each of our countries.

So, Mr. President [sic], thank you for your commitment to continue to strengthen this relationship, for your work to make our futures even brighter and may God bless the Romanian people.  May God bless America and may God protect our troops -- Romanian and American -- who are still deployed in Afghanistan.

Thank you very much, Mr. Prime Minister.

END
1:23 P.M. (Local)

Wednesday, May 7, 2014

SECRETARY KERRY'S REMARKS AT COUNCIL OF THE AMERICA'S CONFERENCE

FROM:  U.S. STATE DEPARTMENT 

Remarks at the Council of the Americas' 44th Conference on the Americas

Remarks
John Kerry
Secretary of State
Loy Henderson Hall
Washington, DC
May 7, 2014



I’m very, very happy to be here with all of you, and I thank you for coming here for this meeting. Delighted to be introduced by John. My sister Peggy works up at the UN and she had a chance to work for John, who has served the President and Hillary Clinton and myself so well on the Foreign Affairs Policy Board, and it’s a pleasure for me to be able to welcome him back to the State Department. He’s one of our eminence grises who shares great experience, a road well-traveled, and a lot of good input to some of the very complicated challenges that we’re facing today. He’s also witnessed firsthand the remarkable transformation of the Western Hemisphere, and I think the truth is, we both know, it’s really just the precursor to things to come. And I think the size of the gathering here today, the quality of people assembled here, is testimony to that.

I want to thank Roberta Jacobson for her leadership. As our Assistant Secretary, she is constantly on the road and engaged actively in a lot of the transformations that are taking place here. I also want to thank Senator Tim Kaine, who’s hiding behind the house photographer here. (Laughter.) Tim, I had the pleasure of serving with also on the committee – the Foreign Relations Committee – and he’s just a superb senator and good friend and represents a state which is as forward leaning on trade and technology and the future as any state in the country – a state, I might add, that’s been growing and changing markedly over these last years. So I’m delighted that Tim is here, and you’re going to hear from him, and he does understand the stakes here.

I’m also proud that my governor, Governor Deval Patrick, is here. He’s also going to share some thoughts with you. Deval is in his last year of a two-term stewardship of the state, could have chosen to run again, but I think wants to return to the private sector for a period of time, despite a number of entreaties to do otherwise. And we are deeply appreciative. It was the first state to pass a sensible healthcare plan in the United States, and I just read yesterday that the life expectancy in Massachusetts has risen markedly, definitively, since that has been put in place. So quality of life is up, and businesses in our state are not complaining, but rather, think it’s been a very effective means of providing coverage and lowering costs.

So this is a great opportunity to share thoughts. I mean, this – yeah, I’m just back from Africa yesterday – midnight last night, or the night before last – and I was in the Democratic Republic of the Congo, Angola, South Sudan, Ethiopia. And I’ll tell you this is a world of extraordinary opportunity right now, but also of remarkable change. The transformations taking place are really hard to describe. It’s a very different world from the world I grew up in. I’m a Cold War child who learned how to duck under the desk and take cover for the event of a nuclear war, and some of you here may have shared that experience. Since then, we’ve seen the end of the Cold War, the fall of the Berlin Wall, the remarkable bursting out of an incredible number of pent-up demand in various places, not the least of which is manifested in this increased sectarianism, increased religious distortion, exploitation, which results in extremism, as well as ideological extremism.

And we see, with what is happening in Nigeria with Boko Haram, the extents to which this can disrupt the world. It’s a challenge to all of us. And what I saw in Africa convinced me, as I talked to leader after leader and asked them how they balance this tension of these challenges that they face – they all talked about poverty and the need to alleviate poverty, and that much of this challenge comes out of this poverty where young people are grabbed at an early stage, proffered a little bit of money. Their minds are bended, and then the money doesn’t matter anymore; they’ve got the minds, and they begin to direct them into these very extreme endeavors.

And for all of us, the truth is it’s not something far away. Every American needs to understand that this is related to security at home, related to the capacity for job growth in the future, related to stability that the absence of may demand, at some point in time, the deployment of some of their sons and daughters to some far-off place in the world. We are all connected today. And everybody increasingly in these countries is dealing with some kind of mobile device, and they’re all tuned in, 24/7, 365 – everybody is connected. And no politician in any part of the world can operate with complete impunity as a result of that.

So this is the world we live in. I might add, in this new era of new partnerships, we think that the partnership means you’ve got to share resources and assets, like in football or soccer. So we’re here to humbly request the services of Lionel Messi for the month of June. We think that would work just fine for our interests. (Laughter.) I had a chance to see the World Cup right here in the other auditorium over there. Vice President Biden and I held an event to celebrate the coming of the World Cup. And we had the actual World Cup there. And I relished it because in all honesty, I wasn’t sure that I would see it here again very soon. (Laughter.) We’re in the tier of death. I don’t know if you know that. We’re poised to take on some of the toughest teams. But I have confidence in our team. They’re coming on strong and we have high hopes.

The bottom line is this: When you travel the world, as I get to as Secretary of State representing our great nation and all of the opportunities that all of you represent in our businesses, I really get to see both the challenge and the opportunity. And the opportunity is staggering, absolutely extraordinary. There are so many schools that need to be built, so many roads that need to be built, so much transportation infrastructure that needs to be built, so many people in the world still living on less than $2 a day or less than a dollar a day in many places – all of whom are thirsting to be part of that growing middle class that you see in countless numbers of countries.
So if you’re in business, as you all are, you’re staring at untold opportunity. And I’ll speak in a moment about some of that. You see regions of the world, obviously, that are in crisis and full of promise at the same time, all of them struggling to break out of an old cycle of this violence and poverty, despair, and corruption. Everywhere I go, when I meet with the foreign ministers or prime ministers or presidents, leaders of these countries, in some case monarchs still, you will find those leaders are struggling to open doors and make tough decisions. And I share with them the stories of what we are doing in this hemisphere. It’s a great example. I tell them the story of the American journey, and I can say America North and South. We are proof positive, really the real evidence, if you will, of what can await a lot of countries in the world if they finally make tough decisions and make the right decisions.

And I share this for one simple reason: It’s true. I came to the senate in 1985. John referred to that a moment ago in his introduction, how we were there together working together during a very difficult time. I know he remembers it very, very well. It was a period when the region only seemed to land in the headlines for the wrong reasons – violence, upheaval, repression, whether it was Guatemala or Nicaragua or El Salvador or Colombia. I remember when we were struggling over the Plan Colombia. We were dealing with the questions of narcotics and corruption. It was a very difficult era – a government literally under siege. I think thirteen supreme court justices were assassinated in one moment, and presidential candidates were assassinated. There was a question as to the viability of the system. But today, this story of this hemisphere is exhibit A that incredible progress is possible when there’s the right kind of leadership.

Today it’s crystal clear that if we work together and play our cards right, the Western Hemisphere can become literally the most stable and prosperous region in the world. That’s the possibility that we think we’re looking at.

Just think about it. Over the last decade, the economies of Latin America and the Caribbean grew at a rate of 4 percent a year, and this growth has lifted the lives of citizens. In the past decade alone, as trade between the United States and the Americas nearly tripled, more than 73 million people in Latin America were lifted out of the poverty that I referred to a few minutes ago. Seventy-three million people – you could take all the people in New York, Mexico City, Rio de Janeiro, Toronto, and Bogota, and you still wouldn’t be halfway to that number of people who have been lifted out of poverty.

It’s a great story. It didn’t happen by accident. It happened by integrating markets, by incentivizing innovation, by creating new opportunities for citizens of all backgrounds. In short, it happened because leaders and institutions were willing to make the tough decisions to break away from the past, to try to make peace where there were insurgencies, and to open up new markets with trade agreements. They were prepared to commit to the future.

But even as we celebrate the growth that has spread through our hemisphere, it doesn’t mean we can sort of sit back and say, “Okay, job done, take a break.” It means that we have to develop a strategy to invest in the lasting, shared prosperity needed to lift up our section of the world for decades to come, and I believe that’s possible. That’s our goal. I believe there are four areas in particular where we will get the most return on our investments, and none of them, I think, will surprise you.

First and foremost is education. I’m preaching to the choir, I know, but we’ve got to make sure, still, despite your acceptance of this, it doesn’t automatically translate into the kind of political process necessary to guarantee we’re doing what we need to do. And the numbers of young people coming online in countries is staggering and way ahead of the numbers of desks and chairs and teachers and buildings for them to get that education. The fact is that the people in our hemisphere, youngAmericanos, are global learners, and we have to make sure that they can be those global learners so that they can thrive in the economies that we are developing.
And that is exactly the thinking behind President Obama’s 100,000 Strong in the Americas, an effort to increase student exchanges throughout our hemisphere in both directions. And we’re very successfully moving to grow to those numbers. All you have to do is ask a young woman from Paraguay by the name of Cecilia Martinez Gomez. She was a terrific student in high school, and when she was finished, she decided that she wanted to come to the United States for college and study English. The only problem was every program that she came across was far too expensive for her to be able to consider it. Through the connections that we have built with 100,000 Strong, Cecilia was able to participate in a program at Wichita State University in Kansas where she then eventually earned her bachelor’s degree. A couple of years later, she went on to get a master’s degree in public administration. And now she’s thriving and giving back.

So education’s only the first step, and I think everybody here understands that. Then you have to answer the question: So what comes next? You come out of school. Can you find a job? Is your economy growing? Will you have the skills necessary to be able to do what you want to do? And what happens to all these young people after graduation? And that’s why trade and economic integration are the next areas that we need to put our effort into and our investment.
Now, already, the United States has free trade agreements with 12 countries in the hemisphere. That is more than any other region in the world. And under the President’s leadership, we have also helped expand the hemisphere’s participation in the Trans-Pacific Partnership, Chile and Peru, and beyond, and also to include Canada and Mexico. A number of nations in our hemisphere are already particularly important Pacific Rim players, and many of those without a Pacific coast are actually taking steps to now strengthen their ties with Asia as a result. So we’re looking to our partners in the Americas as a natural complement to our strategy in the 21st century Pacific. And you all saw the success of the President’s trip in moving Prime Minister Abe to a point of acceptance of and advancing the TPP, and also advancing it in Philippines and South Asia.

We’ve also redoubled our commitment to NAFTA, which actually turned 20 this year. I remember that debate, a very tough, very bitter debate which lingered in our politics for some period of time. But it remains the greatest single step toward shared prosperity in this hemisphere. And in recent years, we’ve seen greater collaboration between the United States, Canada, and Mexico than ever before in our history, growing all the time. I will be in Mexico in a few weeks to continue that dialogue, and the President was there just a few weeks ago. Tim Kaine, I think, is going to talk to you a little bit about the critical relationship we share with Mexico. But today, I’m pleased to be able to share with you this – my plan to be there in Mexico City later in the month, because Mexico has become a very valued partner on so many issues, especially on the economic challenges both within North America and beyond. So I’m very much looking forward to my visit.

But for all the success and growth that we’ve seen, I don’t think there’s anybody sitting here who doesn’t think we can do more. Of course we can, and we have to do more. And if we do, then the Western Hemisphere – think about this – the Western Hemisphere can wind up being literally the leader of the global market for decades to come. And I say that with some sense of assurance when I look at some of the developmental issues, challenges of infrastructure, challenges of politics, challenges of capital flow and other – market access, other kinds of things that exist in other parts of the world. But if we get the TPP and the TTIP, both of which equal 40 percent of the market each, globally, you are talking about changing trade relationships and business capacity all across the planet.

Real economic integration will require us to do two things: reduce the cost of doing business across borders by opening up trade throughout Central and South America, and increase access to international markets for big business and small business alike. As we’ve seen here in the United States, this will require some more creative thinking. Over the past decade, U.S. small businesses have generated the majority of net growth in new jobs, but still less than 1 percent of America’s 30 million small companies export their goods and services out of the country.

That’s one of the reasons why President Obama has launched the Small Business Network of the Americas. The Network connects more than 1,000 small businesses – small business development centers in the United States with thousands of centers in Latin America in order to help build the kind of relationships that make exporting more easy and effective at the same time, and accessible to people.

Now, that’s just one of many programs that we have in place to make it easier for entrepreneurs in the hemisphere to access markets, to access capital, training, and leadership opportunities. We’re also very proud of the Pathways to Prosperity Innovation Challenge and the Women’s Entrepreneurship in the Americas initiative, better known as WE Americas.

So far, WE Americas has benefited some 20,000 women. An example: an entrepreneur, Vanessa Mazorra, who comes from El Salvador, and she owns a clothing and accessories company. Not so long ago, she produced about 500 pieces a month. But thanks to WE Americas support from the State Department and USAID, she has been able to significantly expand her operations and begin exporting internationally, including to the United States. Today, she produces nearly 3,000 pieces a month and growing. And last year, the Salvadoran Corporation of Exporters named her the Small and Medium Enterprise Exporter of the year. That’s what can happen. And it’s a program that we are excited about and will grow and want to work with you to try to get out there and get other people to understand exists.

Day after day, we are seeing how relatively small investments – these are not big deals, complicated – but relatively small investments can have enormous business benefits. And this spreads way beyond just the individual – spreads into the community, and ultimately even an entire country as you begin to attack that fundamental issue of creating a middle class and lifting people out of poverty.

Continued economic growth will also require us to invest in the third area I want to discuss today very quickly: energy security. You all saw the report, I hope, today – the front page of The Washington Postand New York Times – are very clear about a very important report released by the Administration yesterday with respect to climate change. I, again, see this all over the world, and I think you probably do too, the consequences. Yet you will still read within the article the doubts some Americans still have about this being a frontline issue. But today it is clear that the world’s new energy map – and this is a huge transformational moment in this regard – the world’s new energy map is no longer centered on the Middle East but on the Western Hemisphere. The region will account for two-thirds of the growth in the world’s oil supply over the next two decades. But oil and gas are only part of the big picture. And we also know that while many of the hemisphere’s largest countries are increasingly global energy producers, many of the hemisphere’s smallest countries are bearing the brunt of the burden when it comes to high-energy prices and the disastrous impacts of climate change, as the scientific report from the White House yesterday just confirms.

Unfortunately, these impacts are only going to get worse. And without serious reductions in global greenhouse gas emissions, we are looking at some very expensive choices for people. So this hemisphere needs to commit and needs to lead the world in terms of moving rapidly to energy resources that are used more responsibly and more sustainably. And there are leaders here among you who are doing exactly that. For example, last year Mexico passed
comprehensive climate change legislation that included ambitious greenhouse gas targets. I can’t emphasize enough: If you really want to address the problem of climate change, you enhance energy security and you reduce energy costs. And we know exactly what we have to do. The solution to climate change is energy policy. And we have to do a better job, all of us, in investing in new clean energy technologies and connecting energy markets from Chile to Canada.

And here in the United States, this is an extraordinary opportunity. We don’t even have a grid. We have an east coast grid, a west coast grid, a Texas grid, and a little line that goes from Chicago out towards the Dakotas. That’s it. Huge centerpiece opening in the belly of America. You can’t sell energy from those wind farms of Minnesota or Iowa to somewhere in the South. You can’t sell solar thermal energy from the South to the North where they need it. It’s ridiculous. It’s almost insulting for a great country like ours with our capital and our capacity not to have yet developed a modern, smart energy grid for this nation.

So we believe in this future of energy policy for this hemisphere, of linking Canada, U.S., Mexico, to all the way down through Latin America. And that’s exactly the idea behind a program that we have created called Connecting the Americas 2022. This initiative is about encouraging private sector investment in renewable energy and ultimately providing cheaper, cleaner, more reliable power for citizens all across the region. And already we are seeing encouraging progress. The final 25 miles of SIEPAC power transmission, the line in Costa Rica, ought to be completed later this year. And once that happens, all six Central American countries will be linked into one power grid for the first time in history. Think what could happen if we could all be linked ultimately.

Finally – and by the way, this is the biggest market in the world. The market that made America wealthy in the 1990s, where every single quintile of American income earner saw their income go up, was a $1 trillion market with 1 billion users. The market I just described for energy is a $6 trillion market today, 4-5 billion users, and going up to 9 billion users over the course of the next 20, 30, 40 years. It’s the biggest market in the history of human kind, and we need to be on the frontline of tapping into it and leading the world to it. And by the way, what I saw in Africa was this extraordinary demand for energy. It’s a huge restraint on growth, and one of the key components of what they need to do. So this is global, and if we don’t do it in the right way – read today’s newspapers – it’s going to be disastrous.

So if we want to bring about the prosperous, stable future that we dream of, the fourth area that all governments in the Americas must invest in is good governance. If we manage revenue effectively and transparently and maintain a sufficient tax base, then our nations can invest in the services and infrastructure needed to support social mobility and competitive economies. But I got to tell you: Corruption and fragile institutions drive down investor confidence and deny citizens economic opportunities, exacerbating crime and insecurity, chasing away capital, and leaving doubts about the possibilities. And they produce an environment, as a result, where innovation and economic growth simply can’t thrive.

That’s one of the many reasons why the United States is deeply concerned by the deteriorating situation in Venezuela, for instance. We believe the future of Venezuela is for the people of Venezuela to decide. And the people in the streets have legitimate grievances that deserve to be addressed. And the serious and worsening economic and social challenges in Venezuela can only be resolved with the input of those people. So we support the UNASUR-sponsored dialogue in the hope that it will allow Venezuelans to come together and take on the challenges that they face. But make no mistake: We will never stop defending the basic human rights that are essential to any functioning democracy, including the freedoms of expression and peaceful assembly.
Now for these same reasons, of course, we remain concerned about the Cuban people. None of us want to see the Cuban people continue to be left behind as the rest of the hemisphere advances. Since 2009, President Obama’s Cuba policy has been geared towards loosening the dependence of Cubans on the state and strengthening independent civil society. There’s an important overlap between U.S. policy and the emerging micro-entrepreneurial sector in Cuba.
President Obama’s goal has always been to empower Cubans to freely determine their own futures. And the most effective tool we have to promote this goal is helping to build deeper connections between the Cuban and American peoples. The hundreds of thousands of Cuban Americans who now send remittances and who travel each year under the President’s policies, they are critical to ensuring that the Cuban people have more of the opportunities that they deserve.

Now I know the Council of Americas has proposed steps that could be taken to further support Cuban entrepreneurs, and we want to thank you for those recommendations, and we very much appreciate those suggestions as we continue to evaluate the policies that we have in place today, and I can promise you we will do so.

We are immensely proud of this hemisphere’s positive trajectory, and we look forward to helping it move forward in the days ahead, including next month when our Deputy Secretary of State Heather Higginbottom leads the U.S. delegation to the OAS General Assembly in Paraguay. But it’s clear to all of you, I think, for our trajectory to continue in the direction we want it to, for these investments in education and the other investments that I’ve described – in trade and economic integration, in energy security and in good governance – for all of these to bring home the unity and the integration and the future that we want, we all are going to have to stay together, we’re going to have to continue to engage; we’re going to have to continue to push leaders, in some cases, to lead to the full potential. And in the end, I’m convinced this hemisphere has the ability to define a hemispheric future that is very different from anything that we lived in the 20th century.

The 21st century can be a time of new definition of possibilities for people. And as you see the incredible input of people who have come to America as immigrants from throughout this hemisphere, who love the fact that that they are today American, but always will remember where they came from and take pride in their language and their culture and make America richer because of it – that’s the definition that we get to make. We are – the beauty of America is we’re not defined by ethnicity and we’re not defined by – or we shouldn’t be. Maybe in some places people still fall into bad habits. But basically that’s not what defines America. America is defined as an idea. An idea. Read the Declaration of Independence. Look at the Constitution. That defines the idea. And more and more people are excited by and buying into that idea. And I’m convinced that if we focus on the things I laid out today, we’re going to give that idea definition that will have resonance all across this planet.

The one thing I have said since the day I was nominated for this job is economic policy is foreign policy, and foreign policy is economic policy. And we see that more today in this globalized world than at any other time. So all of you are instruments of our ability to market our values and protect our interests at the same time. And I thank you for being part of the Council and your willingness to do that. Thank you. (Applause.)

Sunday, March 23, 2014

REMARKS BY FIRST LADY MICHELLE OBAMA AT STANFORD CENTER AT PEKING UNIVERSITY

FROM:   THE WHITE HOUSE  

Beijing, China

MRS. OBAMA:  (Applause.)  Thank you.  Well, ni-hao.  (Laughter.)  It is such a pleasure and an honor to be here with all of you at this great university, so thank you so much for having me.

Now, before I get started today, on behalf of myself and my husband, I just want to say a few very brief words about Malaysia Airlines Flight 370.  As my husband has said, the United States is offering as many resources as possible to assist in the search.  And please know that we are keeping all of the families and loved ones of those on this flight in our thoughts and prayers at this very difficult time.

Now with that, I want to start by recognizing our new Ambassador to China, Ambassador Baucus; President Wang; Chairman Zhu; Vice President Li; Director Cueller; Professor Oi, and the Stanford Center; President Sexton from New York University, which is an excellent study abroad program in Shanghai; and John Thornton, Director of the Global Leadership Program at Tsinghua University.  Thank you all for joining us.

But most of all, I want to thank all of the students who are here today.  And I particularly want to thank Eric Schaefer and Zhu Xuanhao for that extraordinary English and Chinese introduction.  That was a powerful symbol of everything that I want to talk with you about today.

See, by learning each other’s languages, and by showing such curiosity and respect for each other’s cultures, Mr. Schafer and Ms. Zhu and all of you are building bridges of understanding that will lead to so much more.  And I’m here today because I know that our future depends on connections like these among young people like you across the globe.

That’s why when my husband and I travel abroad, we don’t just visit palaces and parliaments and meet with heads of state.  We also come to schools like this one to meet with students like you, because we believe that relationships between nations aren’t just about relationships between governments or leaders -- they’re about relationships between people, particularly young people.  So we view study abroad programs not just as an educational opportunity for students, but also as a vital part of America’s foreign policy.

Through the wonders of modern technology, our world is more connected than ever before.  Ideas can cross oceans with the click of a button.  Companies can do business and compete with companies across the globe.  And we can text, email, Skype with people on every continent.

So studying abroad isn’t just a fun way to spend a semester; it is quickly becoming the key to success in our global economy.  Because getting ahead in today’s workplaces isn’t just about getting good grades or test scores in school, which are important.  It’s also about having real experience with the world beyond your borders –- experience with languages, cultures and societies very different from your own.  Or, as the Chinese saying goes:  “It is better to travel ten thousand miles than to read ten thousand books.”

But let’s be clear, studying abroad is about so much more than improving your own future.  It’s also about shaping the future of your countries and of the world we all share.  Because when it comes to the defining challenges of our time -– whether it’s climate change or economic opportunity or the spread of nuclear weapons -- these are shared challenges.  And no one country can confront them alone.  The only way forward is together.

That’s why it is so important for young people like you to live and study in each other’s countries, because that’s how you develop that habit of cooperation.  You do it by immersing yourself in one another’s culture, by learning each other’s stories, by getting past the stereotypes and misconceptions that too often divide us.

That’s how you come to understand how much we all share.  That’s how you realize that we all have a stake in each other’s success -- that cures discovered here in Beijing could save lives in America, that clean energy technologies from Silicon Valley in California could improve the environment here in China, that the architecture of an ancient temple in Xi’an could inspire the design of new buildings in Dallas or Detroit.  

And that’s when the connections you make as classmates or labmates can blossom into something more.  That’s what happened when Abigail Coplin became an American Fulbright Scholar here at Peking University.  She and her colleagues published papers together in top science journals, and they built research partnerships that lasted long after they returned to their home countries.  And Professor Niu Ke from Peking University was a Fulbright Scholarship -- Scholar in the U.S. last year, and he reported -- and this is a quote from him -- he said, “The most memorable experiences were with my American friends.”

These lasting bonds represent the true value of studying abroad.  And I am thrilled that more and more students are getting this opportunity.  As you’ve heard, China is currently the fifth most popular destination for Americans studying abroad, and today, the highest number of exchange students in the U.S. are from China.

But still, too many students never have this chance, and some that do are hesitant to take it.  They may feel like studying abroad is only for wealthy students or students from certain kinds of universities.  Or they may think to themselves, well, that sounds fun but how will it be useful in my life?  And believe me, I understand where these young people are coming from because I felt the same way back when I was in college.

See, I came from a working-class family, and it never occurred to me to study abroad -- never.  My parents didn’t get a chance to attend college, so I was focused on getting into a university, earning my degree so that I could get a good job to support myself and help my family.  And I know for a lot of young people like me who are struggling to afford a regular semester of school, paying for plane tickets or living expenses halfway around the world just isn’t possible.  And that’s not acceptable, because study abroad shouldn’t just be for students from certain backgrounds.

Our hope is to build connections between people of all races and socioeconomic backgrounds, because it is that diversity that truly will change the face of our relationships.  So we believe that diversity makes our country vibrant and strong.  And our study abroad programs should reflect the true spirit of America to the world.

And that’s why when my husband visited China back in 2009, he announced the 100,000 Strong initiative to increase the number and diversity of American students studying in China.  And this year, as we mark the 35th anniversary of the normalization of relationships between our two countries, the U.S. government actually supports more American students in China than in any other country in the world.

We are sending high school, college and graduate students here to study Chinese.  We’re inviting teachers from China to teach Mandarin in American schools.  We’re providing free online advising for students in China who want to study in the U.S.  And the U.S.-China Fulbright program is still going strong with more than 3,000 alumni.

And the private sector is stepping up as well.  For example, Steve Schwarzman, who is the head of an American company called Blackstone, is funding a new program at Tsinghua University modeled on the Rhodes Scholarship.  And today, students from all kinds of backgrounds are studying here in China.

Take the example of Royale Nicholson, who’s from Cleveland, Ohio.  She attends New York University’s program in Shanghai.  Now, like me, Royale is a first-generation college student.  And her mother worked two full-time jobs while her father worked nights to support their family.  And of her experience in Shanghai, Royale said -- and this is her quote -- she said, “This city oozes persistence and inspires me to accomplish all that I can.”  And happy birthday, Royale.  It was her birthday yesterday.  (Laughter.)

And then there’s Philmon Haile from the University of Washington, whose family came to the U.S. as refugees from Eritrea when he was a child.  And of his experience studying in China, he said, “Study abroad is a powerful vehicle for people-to-people exchange as we move into a new era of citizen diplomacy.”

“A new era of citizen diplomacy.”  I could not have said it better myself, because that’s really what I’m talking about.  I am talking about ordinary citizens reaching out to the world.  And as I always tell young people back in America, you don’t need to get on a plane to be a citizen diplomat.  I tell them that if you have an Internet connection in your home, school, or library, within seconds you can be transported anywhere in the world and meet people on every continent.

And that’s why I’m posting a daily travel blog with videos and photos of my experiences here in China, because I want young people in America to be part of this visit.  And that’s really the power of technology –- how it can open up the entire world and expose us to ideas and innovations we never could have imagined.

And that’s why it’s so important for information and ideas to flow freely over the Internet and through the media, because that’s how we discover the truth.  That’s how we learn what’s really happening in our communities and our country and our world.  And that’s how we decide which values and ideas we think are best –- by questioning and debating them vigorously, by listening to all sides of an argument, and by judging for ourselves.

And believe me, I know how this can be a messy and frustrating process.  My husband and I are on the receiving end of plenty of questioning and criticism from our media and our fellow citizens.  And it’s not always easy, but we wouldn’t trade it for anything in the world.  Because time and again, we have seen that countries are stronger and more prosperous when the voices of and opinions of all their citizens can be heard.

And as my husband has said, we respect the uniqueness of other cultures and societies, but when it comes to expressing yourself freely and worshipping as you choose and having open access to information, we believe those universal rights -- they are universal rights that are the birthright of every person on this planet.  We believe that all people deserve the opportunity to fulfill their highest potential as I was able to do in the United States.

And as you learn about new cultures and form new friendships during your time here in China and in the United States, all of you are the living, breathing embodiment of those values.  So I guarantee you that in studying abroad, you’re not just changing your own life, you are changing the lives of everyone you meet.

And as the great American President John F. Kennedy once said about foreign students studying in the U.S., he said “I think they teach more than they learn.”  And that is just as true of young Americans who study abroad.  All of you are America’s best face, and China’s best face, to the world -- you truly are.

Every day, you show the world your countries’ energy and creativity and optimism and unwavering belief in the future.  And every day, you remind us -- and me in particular -- of just how much we can achieve if we reach across borders, and learn to see ourselves in each other, and confront our shared challenges with shared resolve.

So I hope you all will keep seeking these kinds of experiences.  And I hope you’ll keep teaching each other, and learning from each other, and building bonds of friendship that will enrich your lives and enrich our world for decades to come.

You all have so much to offer, and I cannot wait to see all that you achieve together in the years ahead.

Thank you so much.  Xie-Xie.  (Applause.)

 END                11:48 A.M. CST  


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