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President Addresses CEO Business Summit
Poziom:
Temat: Biznes
The President:
Thank you so much.
Thank you.
Good morning.
And thank you to Mr. Yonekura
for the kind introduction.
And thanks to everyone at Nippon
Keidanren for
hosting APEC's CEO
summit this year.
I also want to thank my good
friend, Prime Minister Kan,
and the Japanese people for
their generosity and their
hospitality in hosting APEC.
It is wonderful to be back
in this beautiful country.
And we in America are very much
looking forward to hosting APEC
next year in my home
state of Hawaii.
Now, Yokohama is my last stop on
a journey that's taken me from
Mumbai to New Delhi to
Jakarta and to Seoul.
And in each place, we have
deepened friendships,
we have strengthened
partnerships,
and we have reaffirmed a
fundamental truth of our time:
In the 21st century, the
security and prosperity of the
American people is linked
inextricably to the security and
prosperity of Asia.
That's why this was
not my first trip here,
and why it will not be my last.
America is leading
again in Asia,
and today I'd like
to talk about why.
The story of Asia over the last
few decades is the story of
change that is so rapid and
transformative that it may be
without precedent
in human history.
The economic miracle that began
here in Japan after the
Second World War has now swept across the Pacific and
throughout the wider region.
Countries where people once
lived on a few dollars a day are
now some of the fastest-growing
economies in the world,
with incomes and living
standards that few could have
imagined 40 or 50 years ago.
For example, when I lived
in Jakarta as a young boy,
I can remember the buildings
being no more than a few stories tall.
There was just one
modern shopping center.
On Tuesday, I returned to a
teeming city of nearly
10 million,
filled with skyscrapers and thriving centers of culture and commerce.
In Seoul, I noted that there are
Koreans who can still remember
when their country was little
more than rice paddies and small villages.
And today it is one of the most
prosperous democracies in the world.
When I was in Mumbai, I met with
young entrepreneurs who were
putting American technology
into Indian electric cars,
and selling clean water to
Indians from filtration
equipment purchased
from the United States.
These are breakthroughs that
will continue to fuel growth in
a nation that has already
lifted millions from poverty.
In barely two generations, these
sweeping changes have improved
the lives and fortunes of
millions of people here in the
Asia Pacific.
But in today's
interconnected world,
what happens in Japan or China
or Indonesia also has a direct
effect on the lives and fortunes
of the American people.
That's why I came here.
The Asia Pacific is where the
United States engages in much of
our trade and our commerce;
where our businesses invest and
where we attract
investment to our shores;
where we buy and where we sell
many of our goods and services
-- exports that support millions
of jobs for our people.
Seven of America's 15 top
trading partners are now APEC members.
Sixty percent of the goods we
export go to this region of the world.
The United States is also the
largest export market for Asia,
which has led to more affordable
goods and services for American consumers.
And what's more, this is a
relationship that will only
become more important as this
region continues to grow.
Within five years, Asia's
economy is expected to be about
50 percent larger
than it is today.
And for at least
the next four years,
Asia Pacific economies will grow
faster than the world average.
Now, undoubtedly, this rapid
growth will lead to a healthy
competition for the jobs and
industries of the future.
And as President of
the United States,
I make no apologies for doing
whatever I can to bring those
jobs and industries to America.
But what I've also said
throughout this trip is that in
the 21st century, there is no
need to view trade, commerce,
or economic growth
as zero-sum games,
where one country always has
to prosper at the expense of another.
If we work together,
and act together,
strengthening our economic ties
can be a win-win for all of our nations.
Now, that cooperation was on
display yesterday at the
first G20 summit in an
Asia Pacific nation.
Having successfully worked
together to avoid
global depression,
our challenge now is
a global recovery that is both
balanced and sustained.
Yesterday, there was a broad agreement on the way forward
an agreement based on the
framework that we put forward.
First, we agreed to keep focusing on growth.
As the largest
economy in the world,
an engine for global growth,
that's particularly important
for the United States.
As Prime Minister Singh of India
said when I was visiting there,
"a strong, robust, fast-growing
United States is in the
interests of the world," and
"would help the cause of global prosperity."
And that's why we passed an
economic plan that has led to
five consecutive quarters
of economic growth and
10 consecutive months of
private-sector job growth.
That's why we passed and are
implementing the toughest set of
financial reforms since the
Great Depression -- something
that our G20 partners need to do
with the same sense of urgency.
And that's why we're cutting
back on non-essentials in the
face of serious
fiscal challenges.
Already, we're on track to meet
our goal of cutting our deficit
in half by 2013.
And I'm absolutely committed
to making the tough choices
necessary to get us the rest of
the way there and bring down our
deficits in the long run.
But we are not cutting back
on the investments that are
essential to America's long-term
economic growth: education,
clean energy, research,
and infrastructure.
We will make sacrifices, but
everyone here should know that
as long as I'm President, we are
not going to sacrifice America's
future or our
leadership in the world.
The second major thing we agreed
on in Seoul was that in order
for the recovery
to be sustained,
economic growth
must be balanced.
One of the important lessons the
economic crisis taught us is the
limits of depending primarily
on American consumers and
Asian exports to drive
economic growth.
Going forward, countries with
large surpluses must shift away
from an unhealthy dependence on
exports and take steps to boost domestic demand.
As I said, going forward, no
nation should assume that their
path to prosperity is simply
paved with exports to America.
In the United States, we see
the need for rebalancing as an
opportunity to rebuild
our economy on a new,
stronger foundation for growth
-- where we save more and we
spend less; where we're known
not just for what we consume,
but what we produce.
We want to get back to doing
what American has always been
known for:
discovering, creating,
and building the products that
are sold all over the world.
And that's why I've set
a goal of doubling U.S.
exports over the
next five years.
This is a big part of what
brought me to Asia this week.
In this region, the United
States sees a huge opportunity
to increase our exports in some
of the fastest-growing markets
in the world.
For America, this
is a jobs strategy,
because with every $1 billion
we sell in exports,
5,000 jobs are supported at home.
And jobs supported by exports
pay up to 18 percent higher than
the national average.
Meanwhile, for Asia Pacific
nations, these U.S.
goods and products also provide
more choice for consumers who
are enjoying higher standards of
living throughout the region.
This is a win-win for all of us.
Over the course of this trip,
we've made good progress toward
our export goals.
While we were in India, I was
pleased to announce a set of
trade deals that total
nearly $10 billion in U.S. exports.
From medical equipment and
helicopters to turbines and
mining equipment, these
deals support more than
50,000 jobs in the United States.
In Indonesia, a fast-growing
market where we have been
steadily increased our exports,
President Yudhoyono and I
discussed ways to encourage
additional trade and investment
between our nations.
And in South Korea, President
Lee and I moved closer to
completing a trade deal.
There are some outstanding
issues that are difficult,
and we need to get a deal that
is good for American workers and businesses.
But completion of this deal
could lead to billions of
dollars in increased exports and
thousands of American jobs for
American workers.
So I'm committed to
seeing this through,
and I'm pleased that President
Lee offered to send a team of
negotiators to Washington in the
coming weeks so we can try to
finish the job.
The United States is also
looking to expand trade and
commerce throughout
the Asia Pacific.
Even though our exports in this
region have risen by more than
60 percent over the
last five years,
our overall share of trade in
the region has declined in favor
of our competitors, and
we want to change that.
We don't want to lose the
opportunity to sell our goods
and services in
fast-growing markets.
We don't want to lose the
opportunity to create new jobs back home.
That's why we want to keep
working with our fellow
APEC economies to reduce
trade barriers.
And that's why we want to pursue
the Trans-Pacific Partnership,
which would facilitate trade and
open markets throughout the Asia Pacific.
Agreements like this will
obviously benefit our economies
and our people, but they will
also send a strong signal that
when it comes to this growing,
sprawling region of the world,
the United States
is here to stay.
We are invested in your success
because it's connected to our own.
We have a stake in your future
because our destiny is shared.
It was a Japanese poet who said,
"Individually, we are one drop.
Together, we are an ocean."
So it must be with the billions
of people whose lives are linked
in the swirling
currents of the Pacific.
In the last century, the
American people have contributed
greatly to the security and
prosperity of this region.
The strength of our alliances
and the bravery of our men and
women in uniform
helped keep the peace.
And the openness of our markets
helped to fuel the rise of the
Asian Miracle.
In this young century, we
stand ready to lead again.
Yes, we've gone through a
difficult time and there are
challenges that
remain that are great.
There will be setbacks and
disagreements and we won't solve
every issue in one meeting or
one trip or even one term of my presidency.
But I've never been more
confident in what the United
States of America has to offer
the world at this moment in
history -- in our universities
and our research centers that
continue to produce the most
promising minds and discoveries
and innovations; in our
businesses that keep developing
products and technologies that
are transforming the lives of
millions; in the spirit of
tolerance and diversity that
sends a powerful example to a
world that is smaller and
more connected than at any
time in human history;
and in the most effective form
of government the world has ever
known -- namely, democracy.
For it will always be true that
when leaders are accountable to
their people, their people
are more likely to prosper.
Indeed, what has characterized
America from the start,
the idea of America
that endures,
is particularly indispensable
in times of great challenge and
great change.
It's the idea that led
us westward and skyward,
to roads and railways that
cut through wilderness,
to ships and planes and fiber
optic lines that carry American
commerce around the world.
It is the idea that through
hard work and sacrifice,
it is possible to end up in a
better place than where you started,
and it's possible to
give your children chances you never had.
And it's the idea that even when
circumstances seem bleak and
challenges seem daunting,
it is possible to overcome,
to persevere and
ultimately to succeed.
In different ways and different
places over the last week,
I've seen this idea
alive in the teeming,
thriving democracies of Asia.
And that gives me great
confidence in the ties that bind
our people, and great hope in
our ability to move together
towards the future
-- not as drops,
but with the
strength of an ocean.
So I thank you for
your hospitality.
I congratulate all the
outstanding businesses who are here today.
And I look forward to our close
cooperation in the months and
years to come.
Thank you very much.
