Full Text Political Transcripts January 26, 2018: Remarks by President Trump to the World Economic Forum

POLITICAL TRANSCRIPTS

TRUMP PRESIDENCY & 115TH CONGRESS:

Remarks by President Trump to the World Economic Forum

Source: WH, 1-26-18

Issued on: 

World Economic Forum Congress Centre
Davos, Switzerland

2:02 P.M. CET

PRESIDENT TRUMP:  Thank you, Klaus, very much.  It’s a privilege to be here at this forum where leaders in business, science, art, diplomacy, and world affairs have gathered for many, many years to discuss how we can advance prosperity, security, and peace.

I’m here today to represent the interests of the American people and to affirm America’s friendship and partnership in building a better world.

Like all nations represented at this great forum, America hopes for a future in which everyone can prosper, and every child can grow up free from violence, poverty, and fear.

Over the past year, we have made extraordinary strides in the U.S.  We’re lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream — the dream of a great job, a safe home, and a better life for their children.

After years of stagnation, the United States is once again experiencing strong economic growth.  The stock market is smashing one record after another, and has added more than $7 trillion in new wealth since my election.  Consumer confidence, business confidence, and manufacturing confidence are the highest they have been in many decades.

Since my election, we’ve created 2.4 million jobs, and that number is going up very, very substantially.  Small-business optimism is at an all-time high.  New unemployment claims are near the lowest we’ve seen in almost half a century.  African American unemployment has reached the lowest rate ever recorded in the United States, and so has unemployment among Hispanic Americans.

The world is witnessing the resurgence of a strong and prosperous America.  I’m here to deliver a simple message:  There has never been a better time to hire, to build, to invest, and to grow in the United States.  America is open for business, and we are competitive once again.

The American economy is by far the largest in the world, and we’ve just enacted the most significant tax cuts and reform in American history.  We’ve massively cut taxes for the middle class and small businesses to let working families keep more of their hard-earned money.  We lowered our corporate tax rate from 35 percent, all the way down to 21 percent.  As a result, millions of workers have received tax cut bonuses from their employers in amounts as large as $3,000.

The tax cut bill is expected to raise the average American’s household income by more than $4,000.  The world’s largest company, Apple, announced plans to bring $245 billion in overseas profits home to America.  Their total investment into the United States economy will be more than $350 billion over the next five years.

Now is the perfect time to bring your business, your jobs, and your investments to the United States.  This is especially true because we have undertaken the most extensive regulatory reduction ever conceived.  Regulation is stealth taxation.  The U.S., like many other countries, unelected bureaucrats — and we have — believe me, we have them all over the place — and they’ve imposed crushing and anti-business and anti-worker regulations on our citizens with no vote, no legislative debate, and no real accountability.

In America, those days are over.  I pledged to eliminate two unnecessary regulations for every one new regulation.  We have succeeded beyond our highest expectations.  Instead of 2 for 1, we have cut 22 burdensome regulations for every 1 new rule.  We are freeing our businesses and workers so they can thrive and flourish as never before.  We are creating an environment that attracts capital, invites investment, and rewards production.

America is the place to do business.  So come to America, where you can innovate, create, and build.  I believe in America.  As President of the United States, I will always put America first, just like the leaders of other countries should put their country first also.

But America first does not mean America alone.  When the United States grows, so does the world.  American prosperity has created countless jobs all around the globe, and the drive for excellence, creativity, and innovation in the U.S. has led to important discoveries that help people everywhere live more prosperous and far healthier lives.

As the United States pursues domestic reforms to unleash jobs and growth, we are also working to reform the international trading system so that it promotes broadly shared prosperity and rewards to those who play by the rules.

We cannot have free and open trade if some countries exploit the system at the expense of others.  We support free trade, but it needs to be fair and it needs to be reciprocal.  Because, in the end, unfair trade undermines us all.

The United States will no longer turn a blind eye to unfair economic practices, including massive intellectual property theft, industrial subsidies, and pervasive state-led economic planning.  These and other predatory behaviors are distorting the global markets and harming businesses and workers, not just in the U.S., but around the globe.

Just like we expect the leaders of other countries to protect their interests, as President of the United States, I will always protect the interests of our country, our companies, and our workers.

We will enforce our trade laws and restore integrity to our trading system.  Only by insisting on fair and reciprocal trade can we create a system that works not just for the U.S. but for all nations.

As I have said, the United States is prepared to negotiate mutually beneficial, bilateral trade agreements with all countries.  This will include the countries in TPP, which are very important.  We have agreements with several of them already. We would consider negotiating with the rest, either individually, or perhaps as a group, if it is in the interests of all.

My administration is also taking swift action in other ways to restore American confidence and independence.  We are lifting self-imposed restrictions on energy production to provide affordable power to our citizens and businesses, and to promote energy security for our friends all around the world.  No country should be held hostage to a single provider of energy.

America is roaring back, and now is the time to invest in the future of America.  We have dramatically cut taxes to make America competitive.  We are eliminating burdensome regulations at a record pace.  We are reforming the bureaucracy to make it lean, responsive, and accountable.  And we are ensuring our laws are enforced fairly.

We have the best colleges and universities in the world, and we have the best workers in the world.  Energy is abundant and affordable.  There has never been a better time to come to America.

We are also making historic investments in the American military because we cannot have prosperity without security.  To make the world safer from rogue regimes, terrorism, and revisionist powers, we are asking our friends and allies to invest in their own defenses and to meet their financial obligations.  Our common security requires everyone to contribute their fair share.

My administration is proud to have led historic efforts, at the United Nations Security Council and all around the world, to unite all civilized nations in our campaign of maximum pressure to de-nuke the Korean Peninsula.  We continue to call on partners to confront Iran’s support for terrorists and block Iran’s path to a nuclear weapon.

We’re also working with allies and partners to destroy jihadist terrorist organizations such as ISIS, and very successfully so.  The United States is leading a very broad coalition to deny terrorists control of their territory and populations, to cut off their funding, and to discredit their wicked ideology.

I am pleased to report that the coalition to defeat ISIS has retaken almost 100 percent of the territory once held by these killers in Iraq and Syria.  There is still more fighting and work to be done and to consolidate our gains.  We are committed to ensuring that Afghanistan never again becomes a safe haven for terrorists who want to commit mass murder to our civilian populations.  I want to thank those nations represented here today that have joined in these crucial efforts.  You are not just securing your own citizens, but saving lives and restoring hope for millions and millions of people.

When it comes to terrorism, we will do whatever is necessary to protect our nation.  We will defend our citizens and our borders.  We are also securing our immigration system, as a matter of both national and economic security.

America is a cutting-edge economy, but our immigration system is stuck in the past.  We must replace our current system of extended-family chain migration with a merit-based system of admissions that selects new arrivals based on their ability to contribute to our economy, to support themselves financially, and to strengthen our country.

In rebuilding America, we are also fully committed to developing our workforce.  We are lifting people from dependence to independence, because we know the single best anti-poverty program is a very simple and very beautiful paycheck.

To be successful, it is not enough to invest in our economy.  We must invest in our people.  When people are forgotten, the world becomes fractured.  Only by hearing and responding to the voices of the forgotten can we create a bright future that is truly shared by all.

The nation’s greatness is more than the sum of its production.  A nation’s greatness is the sum of its citizens:  the values, pride, love, devotion, and character of the people who call that nation home.

From my first international G7 Summit, to the G20, to the U.N. General Assembly, to APEC, to the World Trade Organization, and today at the World Economic Forum, my administration has not only been present, but has driven our message that we are all stronger when free, sovereign nations cooperate toward shared goals and they cooperate toward shared dreams.

Represented in this room are some of the remarkable citizens from all over the world.  You are national leaders, business titans, industry giants, and many of the brightest minds in many fields.

Each of you has the power to change hearts, transform lives, and shape your countries’ destinies.  With this power comes an obligation, however — a duty of loyalty to the people, workers, and customers who have made you who you are.

So together, let us resolve to use our power, our resources, and our voices, not just for ourselves, but for our people — to lift their burdens, to raise their hopes, and to empower their dreams; to protect their families, their communities, their histories, and their futures.

That’s what we’re doing in America, and the results are totally unmistakable.  It’s why new businesses and investment are flooding in.  It’s why our unemployment rate is the lowest it’s been in so many decades.  It’s why America’s future has never been brighter.

Today, I am inviting all of you to become part of this incredible future we are building together.

Thank you to our hosts, thank you to the leaders and innovators in the audience.  But most importantly, thank you to all of the hardworking men and women who do their duty each and every day, making this a better world for everyone.  Together, let us send our love and our gratitude to make them, because they really make our countries run.  They make our countries great.

Thank you, and God bless you all.  Thank you very much.  (Applause.)  Thank you very much.

MR. SCHWAB:  Thank you, Mr. President, for this inspiring speech.  As it is tradition at the forum, I will ask you one or two questions.

And my first question is, why is the tax reform — why has it been of such a high priority for your administration?

PRESIDENT TRUMP:  Well, first of all, Klaus, I want to congratulate you.  This is an incredible group of people.  We had dinner last night with about 15 leaders of industry, none of whom I knew, but all of whom I’ve read about for years.  And it was truly an incredible group.  But I think I have 15 new friends.  So this has been really great what you’ve done and putting it together, the economic forum.

The tax reform was a dream of a lot of people over many years, but they weren’t able to get it done.  Many people tried, and Ronald Reagan was really the last to make a meaningful cut and reform.  And ours is cutting and reforming.  We emphasize cut, but the reform is probably almost as important.  We’ve wanted to do it.  It is very tough, politically, to do it.  Hard to believe that would be, but it is very, very tough.  That’s why it hasn’t been done in close to 40 years.

And once we got it going, it was going.  And the big — and I wouldn’t say a total surprise, but one of the big things that happened and took place is AT&T and some others came out very early and they said they were going to pay thousands and thousands of dollars to people that work for their companies.  And you have 300,000, 400,000, 500,000 people working for these companies, and all of a sudden it became like a big waterfall, a big, beautiful waterfall where so many companies are doing it.  And even today they just announced many more.  But every day they announce more and more.  And now it’s a fight for who’s going to give the most.  It started at 1,000, and now we have them up to 3,000.

This is something that we didn’t anticipate.  Oftentimes in business, things happen that you don’t anticipate.  Usually that’s a bad thing, but this was a good thing.  This came out of nowhere.  Nobody ever thought of this as a possibility even.  It wasn’t in the equation.  We waited — we said, wait until February 1st when the checks start coming in.  And people, Klaus, have a lot more money in their paycheck — because it’s not just a little money, this is a lot of money for people making a living doing whatever they may be doing.

And we really though February 1st it was going to kick in and everybody was going to be — well, we haven’t even gotten there yet and it’s kicked in.  And it’s had an incredible impact on the stock market and the stock prices.  We’ve set 84 records since my election — record stock market prices, meaning we hit new highs 84 different times out of a one-year period.  And that’s a great thing.  And in all fairness, that was done before we passed the tax cuts and tax reform.

So what happened is really something special.  Then, as you know, and as I just said, Apple came in with $350 billion.  And I tell you, I spoke with Tim Cook; I said, Tim, I will never consider this whole great run that we’ve made complete until you start building plants in the U.S.  And I will tell you, this moved up very substantially.  But when I heard 350, I thought he was talking — I thought they were talking $350 million.  And, by the way, that’s a nice-sized plant.  Not the greatest, but not bad.  And they said, “No, sir.  It’s $350 billion.”  I said, that is something.

Well, we have tremendous amounts of money, including my newfound friends from last night — great companies.  They’re all investing.  When one of the gentlemen said he’s putting in $2 billion because of the tax cuts, I said to myself, “Wow, he’s actually the cheap one in the group” — because they’re putting in massive numbers of billions of dollars.

So I think you have a brand-new United States.  You have a United States where people from all over the world are looking to come in and invest, and there’s just nothing like what’s happening.

And I just want to finish by — I have a group of people that have been so — I have a whole lot of them, so I won’t introduce because then I’ll insult at least half of them.  But I’ve had a group of people that worked so hard on this and other things.

And we’re really doing — we had a great first year — so successful in so many different ways.  And there’s a tremendous spirit.  When you look at all of the different charts and polls, and you see, as an example, African American unemployment at the historic low — it’s never had a period of time like this.  Same with Hispanic.  Women at a 17-year low.  It’s very heartwarming to see.  But there’s a tremendous spirit in the United States.  I would say it’s a spirit like I have never witnessed before.  I’ve been here for awhile.  I have never witnessed the spirit that our country has right now.

So I just want to thank you all, and all those that are pouring billions of dollars into our country, or ten dollars into our country, we thank you very much.  Thank you.

MR. SCHWAB:  Mr. President, I will ask you, maybe, a personal question.  But before doing so, I’d just like to —

PRESIDENT TRUMP:  Sounds very interesting.

MR. SCHWAB: — acknowledge that —

PRESIDENT TRUMP:  I didn’t know about this one.

MR. SCHWAB:  I would like to acknowledge the strong presence of your Cabinet members

PRESIDENT TRUMP:  Yes.

MR. SCHWAB: — who tremendously contributed to the discussions the last (inaudible).

PRESIDENT TRUMP:  Good, I would like to do that.  That’s very nice.

MR. SCHWAB:  Yeah.  Now —

PRESIDENT TRUMP:  Steven, Wilbur, Gary, Robert, even my General and my various other generals, you know.  We’re making our military protection a little bit better for us too.  So thank you very much.  Does everybody understand that?  I think so.  Thank you all for being here.

MR. SCHWAB:  Now my, maybe personal, question would be: What experience from your past have been most useful in preparing you for the Presidency?

PRESIDENT TRUMP:  Well, being a businessman has been a great experience for me.  I’ve loved it.  I’ve always loved business.  I’ve always been good at building things, and I’ve always been successful at making money.  I’d buy things that would fail –that would be failures — and I’d turn them around and try and get them for the right price, and then I’d turn them around and make them successful.  And I’ve been good at it.  And that takes a certain ability.

And, you know, historically, I guess, there’s never really been a businessman or businessperson elected President.  It’s always been a general or a politician.  Throughout history, it’s always been a general — you had to be a general — but mostly it was politicians.  You never have a businessman.

And then, in all fairness, I was saying to Klaus last night: Had the opposing party to me won — some of whom you backed, some of the people in the room — instead of being up almost 50 percent — the stock market is up since my election almost 50 percent — rather than that, I believe the stock market from that level, the initial level, would have been down close to 50 percent.  That’s where we were heading.  I really believe that — because they were going to put on massive new regulations.  You couldn’t breathe.  It was choking our country to death.  And I was able to see that, Klaus, as a businessperson.

The other thing is, I’ve always seemed to get, for whatever reason, a disproportionate amount of press or media.  (Laughter.)  Throughout my whole life — somebody will explain someday why — but I’ve always gotten a lot.  (Laughter.)  And as businessman I was always treated really well by the press.  The numbers speak and things happen, but I’ve always really had a very good press.  And it wasn’t until I became a politician that I realized how nasty, how mean, how vicious, and how fake the press can be.  As the cameras start going off in the background.  (Laughter.)

But overall — I mean, the bottom line — somebody said, well, they couldn’t have been that bad because here we are — we’re President.  And I think we’re doing a really great job with my team.  I have a team of just tremendous people, and I think we’re doing a very special job.  And I really believe it was time, and it was time to do that job, because I don’t think the United States would have done very well if it went through four or eight more years of regulation and, really, a very anti-business group of people.

We have a very pro-business group.  We have regulations cut to a level — in the history of our country, Klaus — this was reported recently.  In one year we’ve cut more regulations in my administration than any other administration in four, eight, or sixteen years, in the one case.  We’ve cut more regulations in one year, and we have a ways to go.  I mean, we’re probably 50 percent done.

And we’re going to have regulation.  There’s nothing wrong with rules and regulations; you need them.  But we’ve cut more than any administration ever in the history of our country, and we still have a ways to go.  So I think between that and the tremendous tax cuts, we’ve really done something.

And one other thing I said — and I saw it last night with some of the leaders and the businesspeople — I think I’ve been a cheerleader for our country, and everybody representing a company or a country has to be a cheerleader, or no matter what you do, it’s just not going to work.  And the reason I’m a cheerleader is because it’s easy — because I love our country and I think we’re just doing really well.

And we look forward to seeing you in America — special place — and where you are is a special place also.

Thank you all very much.  I appreciate it.  (Applause.)

MR. SCHWAB:  Thank you.  Thank you very much, Mr. President, for being with us.

The World Economic Forum community, who is assembled here, will be certainly — and I quote you from the last piece of your remarks — will be certainly among “the hardworking men and women who do their duty each and every day making this world a better place for everyone.”

Thank you very much for being with us.

PRESIDENT TRUMP:  Thank you.  Thank you very much everybody.  Thank you.  (Applause.

END

2:30 P.M. CET

Full Text Obama Presidency May 8, 2015: President Barack Obama’s Remarks on Trade at Nike

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 114TH CONGRESS:

Remarks by the President on Trade

Source: WH, 5-8-15

Nike, Inc.
Beaverton, Oregon

9:44 A.M. PDT

THE PRESIDENT:  Hello, Oregon!  (Applause.)  Well, who arranged this day?  (Applause.)  Every time I come to Oregon this is what it looks like.  (Laughter.)  Yeah!  It never rains in Oregon, does it?

AUDIENCE:  No!

THE PRESIDENT:  Never.

AUDIENCE MEMBER:  Don’t come to California.  (Laughter.)

THE PRESIDENT:  All right.  Well, listen, it is wonderful to see all of you.  First of all, please give Mark another round of applause for his hospitality.  (Applause.)  And thanks to everyone at Nike for hosting us today, here in “Federer Platz.”  (Laughter.)  You know, the White House is cool.  (Laughter.)  We’ve got a basketball court — actually, it’s a tennis court that we repainted some lines — (laughter) — when I came into office.  So it’s a combination basketball-tennis court.  There is a putting green that President Eisenhower put in.  Can you imagine, by the way, if I had put in a putting green?  (Laughter.)  Things have changed.  (Laughter.)

But you’ve got all that and the 18th tee box from Pebble Beach.  (Applause.)  Come on.  I’m sure some of my staff is running around right now in the Michael Jordan and Mia Hamm buildings — (laughter) — they want to be lab rats for your new gear.  (Laughter.)

But it is wonderful to be here.  Please give it up for two people who fight every single day for Oregon workers — your Representatives in Congress — they do a great job — Earl Blumenauer and Suzanne Bonamici.  They are both here.  Give them a big round of applause.  (Applause.)  Yay!  And there are two people who couldn’t make it here today, but they’re doing a great job and you should give them a round of applause as well, and that’s Senator Ron Wyden and Representative Kurt Schrader.  (Applause.)

So it is great to be at the world headquarters of such an iconic company — a company that helps athletes succeed from the individual to the world stage.  And as you’ve heard, I’ve come to Oregon to talk a little bit about trade — which initially may have had some people thinking, what, is Mariota going someplace that we didn’t know about?  (Laughter.)  He’s going to be great. He’s an outstanding young man.  He’s going to be terrific — and from Hawaii, by the way.  (Applause.)  Local boy.

But this is important, and I want to tell you why I think trade deals and our willingness to go out there and compete on the global stage is so important.

Before I came out here, I had a chance to meet with some    small business owners from across Oregon, whose workers make everything from bikes to tea to stationery to wine.  And they know how important this is to them.  Sometimes when we talk about trade, we think of Nike, or we think of Boeing, or we think of G.E. — we think about these big multinational companies.  But those small business leaders came here today because they understood that these markets outside the United States will help them grow, and will help them hire more folks — just as all the suppliers to Nike or Boeing or G.E. or any of these other companies understand this is going to be critical to their growth and their ability to create new jobs.

In fact, that’s why Ron Wyden is not here — because he’s in Washington, D.C. as we speak quarterbacking this effort on behalf of Oregon’s small business owners and workers.

Now, small businesses are the backbone of our economy.  Eventually, like Nike, they grow sometimes into really, really big companies.  They employ millions of people; 98 percent of exporters are small businesses.  They’re the ones who make Made in Oregon and Made in the USA mean something.  And they represent something essential about this country — the notion that if you’ve got a good idea and you’re willing to work at it, you can turn that idea into a business, you can growth that business, and eventually, who knows what might happen.  You can give other people a chance to earn a living even as you do well.  That’s America’s promise.  And it’s up to us to keep that promise alive.

Now, that promise was threatened for almost everybody just about seven years ago, when the economy nearly collapsed, and millions of Americans lost their jobs and their homes and their life savings.  But thanks to the hard work of the American people and entrepreneurs like the ones who are here today — and some pretty good policies from my administration — (laughter) — we’re in a different place today.  (Applause.)  We’re in a different place today.

This morning, we learned that our economy created 223,000 new jobs last month.  (Applause.)  The unemployment rate ticked down again to 5.4 percent — which is the lowest it’s been in almost seven years.  (Applause.)  That’s 3 million new jobs over the past 12 months — nearly the fastest pace in over a decade.  And all told, over the past 62 months in a row, America’s businesses have created 12.3 million new jobs.

I should add, by the way, 62 months ago is when I signed the Affordable Care Act.  So, obviously, it hasn’t done too bad in terms of employment in this country.  (Applause.)  I just thought I’d mention that.  (Applause.)  Since there were a lot of predictions of doom and gloom, I would just suggest those who were making those predictions go back and check the statistics.  (Laughter.)  Just saying.  (Laughter.)

So small businesses deserve a lot of credit for that.  In fact, over the past several years, small businesses have created nearly two out of every three new American jobs.  And the question is, how do we build on that success?  We’ve got to be relentless in our efforts to support small businesses who are creating jobs and helping to grow the economy.

And that’s been the purpose behind many of the policies I’ve fought for as President.  I’ve cut taxes for small businesses more than a dozen times.  I’ve pushed for investments in infrastructure and faster Internet.  It’s why we’ve made health care more accessible, affordable, portable — to give people the freedom to change jobs or launch that startup without worrying about losing their health insurance.

And passing trade agreements is part of that agenda if those trade agreements are the right kinds of trade agreements; if they make sure that they’re growing our businesses, and helping American workers by selling goods Made in America across the rest of the world.

And I’ve been talking a lot about this lately, because I view smart trade agreements as a vital piece of middle-class economics.  Not a contradiction to middle-class economics, it’s a part and parcel of it.

I believe that our country does best when everyone gets a fair shot, everyone does their fair share, everybody plays by the same set of rules.  And that means making sure everybody has got a good education.  It means making sure that women are getting paid the same as men for doing the same work.  (Applause.)  It means making sure that folks have to have sick leave and family leave and that they can balance work and family in a fair way.  It means, working to increase the minimum wage all across this country — because folks who have some of the toughest jobs oftentimes get the lowest pay.

That’s all part of middle-class economics, but, you know what, so is trade.  We strive to make sure our own economy lives up to high standards, but in a lot of parts of the world, the rules are unfair.  The playing field is uneven.  That puts American businesses and American workers at a disadvantage.  So the question is, what should we do about it?

Some folks think we should just withdraw and not even try to engage in trade with these countries.  I disagree.  We have to make sure America writes the rules of the global economy.  And we should do it today, while our economy is in the position of global strength.  (Applause.)  Because if we don’t write the rules for trade around the world — guess what — China will.  And they’ll write those rules in a way that gives Chinese workers and Chinese businesses the upper hand, and locks American-made goods out.

That’s the choice we face.  We’re not going to be able to isolate ourselves from world markets.  We got to be in there and compete.  And the question is, are we going to make sure that the rules are fair so that our businesses and our workers are on a level playing field.  Because when they are, we win every time.  When the rules are fair, we win every time.  (Applause.)

So this is why I’m such a strong supporter of new trade agreements.  They’re going to help our workers compete and our businesses compete.  This is not a left issue or a right issue, or a business or a labor issue.  It is about fairness and equity and access.  And like other issues that we’ve waged slow, steady fights on over the last seven years, this is also a question of the past versus the future.

So the Trans-Pacific Partnership that we’re working on, it’s the biggest trade deal that we’re working on right now — has to do with the Asia Pacific region.  And it reflects our values in ways that, frankly, some previous trade agreements did not.  It’s the highest-standard, most progressive trade deal in history.  It’s got strong, enforceable provisions for workers, preventing things like child labor.  It’s got strong, enforceable provisions on the environment, helping us to do things that haven’t been done before, to prevent wildlife trafficking, or deforestation, or dealing with our oceans.   And these are enforceable in the agreement.

And Nike operates in the Pacific region, so they understand the competitive pressures they’re under.  Nike has factories all around the world.  And let’s face it, Mark I think doesn’t mind me saying it that some of these countries, they don’t have the standards for wages and labor conditions that we have here.

So when you look at a country like Vietnam, under this agreement, Vietnam would actually, for the first time, have to raise its labor standards.  It would have to set a minimum wage. It would have to pass safe workplace laws to protect its workers. It would even have to protect workers’ freedom to form unions — for the very first time.  That would make a difference.  That helps to level the playing field — (applause) — and it would be good for the workers in Vietnam, even as it helps make sure that they’re not undercutting competition here in the United States.

So that’s progress.  It doesn’t mean that suddenly working conditions in Vietnam will be like they are here at Nike.  (Laughter.)  Or here in Portland right away.  But it moves us in the right direction.

And if Vietnam, or any of the other countries in this trade agreement don’t meet these requirements, they’ll face meaningful consequences.  If you’re a country that wants in to this agreement, you have to meet higher standards.  If you don’t, you’re out.  If you break the rules, there are actual repercussions.  And that’s good for American businesses and American workers, because we already meet higher standards than most of the rest of the world, and that helps level the playing field.

And this deal would strengthen our hand overseas by giving us the tools to open other markets to our goods and services and make sure they play by the fair rules we help write.  The truth is, we have one of the most open markets in the world.  Folks are already selling stuff here.  We got to be able to sell there.  That requires us to enter into trade agreements to open up their markets.

I hear Oregon wine is actually pretty good.  (Applause.)  Somebody told me that the pinot noir in Oregon is top-notch, right?  I’ve got some winemakers right here.  (Applause.)  Well, I want to make sure Japanese wine consumers have the opportunity to partake — (laughter) — in our excellent Oregon wine.

We got some Oregon beef producers and ranchers around here. (Applause.)  Beef is really expensive in Japan.  Let’s make sure they try some Oregon steaks.  (Applause.)  It’s good stuff.

And that’s one of the best things that can happen for our businesses and our workers — opening up markets that have previously been closed, particularly markets where they’re already selling stuff here.  There’s a lack of reciprocity.  It’s not a fair deal right now.  We want to make it fair.

Now, I want to acknowledge — because this looks like a very well-read and informed crowd — (laughter) — that there have been a bunch of critics about trade deals generally and the Trans-Pacific Partnership.  And what’s interesting is typically they’re my friends, coming from my party, and they’re my fellow travelers on minimum wage and on job training and on clean energy.  On every progressive issue, they’re right there with me. And then on this one, they’re like whooping on me.  (Laughter.)

But I tell you what.  I’ve run my last election, and the only reason I do something is because I think it’s good for American workers and the American people and the American economy.  (Applause.)  I don’t have any other rationale for doing what I do than I think it’s the best thing for the American people.  And on this issue, on trade, I actually think some of my dearest friends are wrong.  They’re just wrong.  And here’s why.

First of all, they say that this trade agreement will cost American jobs.  And they’re really basing this on some past experience, looking at what happened in the ‘90s, over the last 20 years, as there was a lot of outsourcing going on.  And you know what, past trade agreements, it’s true, didn’t always reflect our values or didn’t always do enough to protect American workers.  But that’s why we’re designing a different kind of trade deal

And the truth is that companies that only care about low wages, they’ve already moved.  They don’t need new trade deals to move.  They’ve already outsourced.  They’ve already located in search of low wages.

What this trade agreement would do is open the doors to the higher-skill, higher-wage jobs of the future — jobs that we excel at.  It would make sure our manufacturers who are operating at the higher end of the value chain are able to access these growing markets.  And the fact is, over the past few years, our manufacturers have been steadily creating jobs for the first time since the 1990s — under my administration.  After more than a decade away from the top spot, business leaders around the world have declared the United States is the world’s number one place to invest for a third year in a row.  (Applause.)  Third year in a row.

So the point is, outsourcing is already giving way to insourcing.  Companies are starting to move back here to do more advanced manufacturing, and this is a trend we expect to continue.  This trade deal would help that.

Just this morning, as Mark may have mentioned, Nike announced that, with the Trans-Pacific Partnership, it will make new investments in advanced manufacturing — not overseas, but right here in the United States.  And far more Nike products would be made in the U.S.A.  (Applause.)  And that means thousands of new jobs in manufacturing and engineering and design at Nike facilities across the country, and potentially tens of thousands of new jobs along Nike’s supply chain here at home.  That’s what trade can do.  (Applause.)

Look, I’ve spent six and a half years trying to rescue this economy — six and a half years of trying to revitalize American manufacturing, including rescuing an American auto industry that was on its back and is now fully recovered.  So I would not risk any of that if I thought the trade deals were going to undermine it.  The reason I’m for this is because I think it will enhance it and advance it.  So that’s point number one.

Point number two — when you ask folks specifically, what do you oppose about this trade deal, they just say “NAFTA.”  NAFTA was passed 20 years ago.  That was a different agreement.  And in fact, this agreement fixes some of what was wrong with NAFTA by making labor and environmental provisions actually enforceable.  (Applause.)  I was just getting out of law school when NAFTA got passed.  (Laughter.)

Number three — you’ve got some critics saying that any deal would be rushed through; it’s a secret deal, people don’t know what’s in it.  This is not true.  Any agreement that we finalize with the other 11 countries will have to be posted online for at least 60 days before I even sign it.  Then it would go to Congress — and you know they’re not going to do anything fast.  (Laughter.)  So there will be months of review.  Every T crossed, every I dotted.  Everybody is going to be able to see exactly what’s in it.

There’s nothing fast-track about this.  This is a very deliberate track — (laughter) — which will be fully subject to scrutiny.  And I’m confident when people read the agreement for themselves, they’ll see that this is the most progressive trade deal in history.

Number four — critics warn that parts of this deal would undermine American regulation — food safety, worker safety, even financial regulations.  They’re making this stuff up.  (Applause.)  This is just not true.  No trade agreement is going to force us to change our laws.  This agreement would make sure our companies aren’t discriminated against in other countries.

We already treat companies from other countries fairly here. But our companies don’t always get treated fairly there.  So sometimes they need to have some way to settle disputes where it’s not subject to the whims of some government bureaucrat in that country.  That’s important.  We want our businesses to succeed in selling over there because that’s how our workers will get more jobs here in the United States.

And then finally, some critics talk about currency manipulation.  Now, this has been a problem in the past.  Some countries, they try to lower their currency so that it makes their goods cheaper, makes our more expensive.  There was a time when China was pretty egregious about this.  When I came into office, I started pounding on them.  Every time I meet with them, I’d be talking about currency.  And we pushed back hard, and China moved.  In real terms, their currency has appreciated about 30 percent since I came into office.  And we’re going to keep on going after it.  But that’s not an argument against this trade agreement.  If we give up the chance to help our businesses sell their stuff in the world’s fastest-growing markets, that doesn’t do anything to stop currency manipulation.

So the fact is, some folks are just opposed to trade deals out of principle, a reflexive principle.  And what I tell them is, you know what, if you’re opposed to these smart, progressive trade deals, then that means you must be satisfied with the status quo.  And the status quo hasn’t been working for our workers.  It hasn’t been working for our businesses.  And there are people here who will tell you why.

I’m going to just give you a couple of examples of small businesses who I had a chance to meet with today.  Egg Press is a Portland-based greeting card company.  (Applause.)  Really nice. They sell their cards in Australia, which is a member of this Trans-Pacific Partnership agreement.  Their CEO, Tess Darrow — where’s Tess?  Raise your hand.  I saw her.  There she is.  (Applause.)  So Tess says that if they could more easily reach customers in Japan, as well, they’d sell half the volume that they do here in America.  That’s a lot.

Right now, the logistics of exporting to Japan are too complicated.  Products end up being held up for months at the border.  This agreement would help solve some of those problems so Tess can sell more greeting cards in Japan — presumably in Japanese.  (Laughter.)  Is there going to be — there will be a translation process, I assume.  Yes, absolutely.  I’m teasing.  (Laughter.)

So the trade deal would help eliminate barriers, and simplify customs, and hold countries accountable for getting products delivered swiftly.  The more Tess sells, the more she can grow, the more she can hire here in Oregon, here in the United States.

Oregon Fruit Products — makes canned fruits, berries, other products — depends on exports for 20 percent of its annual sales.  Right now, it exports to four members of this partnership that we’re putting together:  Japan, Australia, Singapore, and Canada.  Unfortunately, selling in these countries right now can mean dealing with unfair rules designed to prevent our products from being offered in their markets.  Under this agreement, that would change.  Exporting becomes simpler, more consistent.  That means more people around the world eating Oregon berries all year long.  Berry tasty.  (Applause.)

Sokol Blosser Winery — (applause) — we got a lot of drinkers here.  (Laughter.)  It’s a winery, family-run in Dayton, Oregon.  One of its top export markets is Japan.  Right now, there are high tariffs on American wine in that country.  Under this trade partnership, those tariffs would be eliminated, and wineries across America could see their sales grow overseas.  The brother–and-sister team that runs this vineyard — wave, guys — (applause) — they say, “If we can make it easier to do business with countries that are already our trading partners, countries that are allies, that’s a good thing.”

They’re right.  This deal would be a good thing.  So let’s “just do it.”  (Laughter and applause.)  It took a while for you to catch that, didn’t it?  (Laughter.)  I thought that was pretty obvious.  (Laughter.)

So, listen, I know a lot of folks who are skeptical about trade.  Past trade deals didn’t always live up to the hype.  Labor and environmental protections weren’t always strong enough. I saw for years, in Chicago and towns across Illinois, manufacturing collapsing, jobs drying up.  Outsourcing is real.  Folks didn’t just make that up.  Some of our manufacturing base shifted over the last 25 years, and it wasn’t good for manufacturing and it wasn’t good for those communities, and it wasn’t good for workers.  That’s the truth.  It had benefits — other jobs were created, we got cheaper goods.  But there was real displacement and real pain.  And so, for many Americans, this is not an abstraction; this is real.

But we’ve got to learn the right lessons from that.  The lesson is not that we pull up the drawbridge and build a moat around ourselves.  The lesson is, is that we’ve got to make sure that the trade deals that we do shape are ones that allow us to compete fairly.

So when I took office, I decided we could rethink the way we do trade in a way that actually works for working Americans.  I didn’t think this was the right thing to do just for companies.  If I didn’t think this was the right thing to do for working families, I would not be fighting for it.  If any agreement undercuts working families, I won’t sign it.  I ran for office to expand opportunity for everybody — the all-American idea that no matter who you are, or where you come from, or how you started out, or who you love, in America you can make it if you try.  (Applause.)

So, yes, we should be mindful of the past, but we can’t ignore the realities of the new economy.  We can’t stand on the beaches and stop the global economy at our shores.  We’ve got to harness it on our terms.  This century is built for us.  It’s about innovation.  It’s about dynamism and flexibility and entrepreneurship, and information and knowledge and science and research.  That’s us.  So we can’t be afraid of it; we’ve got to seize it.  We’ve got to give every single American who wakes up, sends their kids to school, rolls up their sleeves, punches in every day the chance to do what they do best:  dream up, innovate, build, sell the best products and ideas in the world to every corner of the world.  (Applause.)

Because, Nike, we do not just have the best athletes in the world.  We also have the best workers in the world.  (Applause.) We also have the best businesses in the world.  And when the playing field is level, nobody beats the United States of America.  (Applause.)  Nobody beats the United States of America.

Just do it, everybody.  Thank you.  God bless you.  Thank you, Oregon.  Thank you.  God bless America.  (Applause.)

END
10:14 A.M. PDT

Full Text Obama Presidency February 19, 2014: North American Leaders Summit Roundup

POLITICAL TRANSCRIPTS


OBAMA PRESIDENCY & THE 113TH CONGRESS:

North American Leaders Summit Roundup

President Barack Obama delivers remarks alongside of President Enrique Peña Nieto and Prime Minister Stephen Harper during the North American Business, Civil Society and Education leaders during the North American Leaders Summit in Toluca, Mexico.President Barack Obama delivers remarks alongside President Enrique Peña Nieto and Prime Minister Stephen Harper to North American business, civil society, and education leaders during the North American Leaders’ Summit in Toluca, Mexico, Feb. 19, 2014. (Official White House Photo by Amanda Lucidon)

Full Text Obama Presidency February 19, 2014: President Obama, President Peña Nieto, and Prime Minister Harper’s Press Conference at Three Amigos Summit

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Press Conference by President Obama, President Peña Nieto, and Prime Minister Harper

Source: WH, 2-19-14

President Barack Obama delivers remarks alongside of President Enrique Peña Nieto and Prime Minister Stephen Harper during the North American Business, Civil Society and Education leaders during the North American Leaders Summit in Toluca, Mexico.President Barack Obama delivers remarks alongside President Enrique Peña Nieto and Prime Minister Stephen Harper to North American business, civil society, and education leaders during the North American Leaders’ Summit in Toluca, Mexico, Feb. 19, 2014. (Official White House Photo by Amanda Lucidon)

Patio Central
Palacio de Gobierno
Toluca, Mexico

7:25 P.M. CST

PRESIDENT PEÑA NIETO:  (As interpreted.)  Ladies and gentlemen, good evening.  Members of the media.  Your Excellency, President of the United States of America Barack Obama; Prime Minister of Canada Stephen Harper.  Once again, I would like to welcome you to our country.

It is a great honor to have hosted you for the North American Leaders Summit here in the State of Mexico, and Toluca, its capital city — a state that I had the great honor of being the governor of before I took office with the greatest honor in the world of politics, and that is to lead the course of my country.

That is why I am very glad that we have had the opportunity of having this meeting.  And I’d like to congratulate myself for creating a space where we have had dialogues, where we have outreach to our countries, and where we have strengthened our friendship.  I can be certain that the warm space where we have met is very different from what the teams of men and women representing Mexico in Sochi are having in Russia.  They are in very cold weather and fighting hard to win a medal.  So be welcome to this very warm weather.

I would like to summarize for the media and for your delegations the scope of our meetings.  I would like to share with you that we have two highlights in our meetings.  First we had a bilateral with President Barack Obama and with his delegation and their counterparts from Mexico to address the following, and I would like to share this with you.

First of all, we assessed the breakthroughs related to the agreements made during President Obama’s past visit in May to our country, and now during his fifth visit — and I must note that Mexico ranks top of the list of the most visited countries by President Obama during his term.  And we were able to identify the level of progress of the agreements made back then; how much we have advanced the exchange between high level officials to precisely boost the trade and commercial relationship that Mexico and the U.S. have.

We have also analyzed the possibility of setting forward new mechanisms to build and fund strategic projects.  We have agreed to work on a proposal that would help us find different mechanisms to fund projects so that we can give a new life to our infrastructure, to have more agile and have safer commercial transactions between our countries.

Specifically, we talked about education.  We have set the task to have more academic exchanges so that more Mexican students can study in the United States and, reciprocally, students from the United States come to Mexico to study.  The number of students so far is somehow low, considering the potential that we have.  And out of the 14,000 students from Mexico that go to the United States to study, we have set a goal and that is to increase year by year this figure and reach 100,000 students a year that visit the United States, and 50,000 students from the U.S. coming to Mexico to study.

We have revised our security agenda and we have agreed to maintain a strategic dialogue, to coordinate efforts so we can face a common issue — security in both of our countries and, specifically, security at the border.

On the other hand, I would like to refer to the outcome of the North American Leaders Summit.  Therefore, I would like to share with you highlights in terms of the agreements reached in this framework.  We have worked on four main topics.  The first one is to foster shared and inclusive prosperity.  We have agreed to work on a plan to boost competitiveness.  We also have agreed to work on a North America transport plan which would give us better infrastructure in our three countries to make the commerce that happens between our three nations thrive.

We also agreed to standardize and expedite all the procedures that take place in our customhouses.  We have also agreed to enable the movement of individuals, and by this have Trusted Travelers Programs.  We have, each one, a program of this nature with a purpose in mind that all the travelers that are part of the Trusted Travelers registers in our countries are considered as a vetted traveler in North America.

Additionally, in terms of the second topic, we have addressed areas of opportunity.  And I must insist, in terms of our binational agenda with the United States, we have added up Canada to work on a program to train professionals by increasing our academic exchanges and ensuring mobility of students between our three countries.

We have also agreed to foster sustainable development, working towards the mitigation of the effects of climate change. And in the area of sustainability, we have also agreed to work on the preservation of the Monarch butterfly.  It is a landmark species in North America.  This is a species present in our three countries, and we have agreed to work a taskforce with a presentation from our three countries to preserve the Monarch butterfly.

Then, another topic is citizen security and regional topics. We have agreed to give privilege to the exchange of information, and we have also privilege to coordinate efforts between law enforcement authorities.  We will reinforce the measures aimed to fight money laundering and illicit financial flows.  And for that purpose we need to integrate our financial systems further.

We have also restated our commitment to support and cooperate with the Central America region as well as the Caribbean because they are partners in this hemisphere.  We have committed to foster development, economic growth and citizen security as well.

Basically, I have summarized the commitments made during the summit.  And fourthly, we have committed, the three of us, to give follow-up to all the agreements made.  Besides making agreements, we have committed to give follow-up to each one of those agreements and we have committed to make them happen.

Finally, I would like to share with you that in order to reach our goals we need to identify that North America is quite valuable.  The Free Trade Agreement executed 20 years ago and the intense dialogue that we have between our three countries in the North American region is very valuable and every exchange is based on trust.  And we share a very good relationship between all of us who lead our countries.

This North America Leaders Summit has been a very good opportunity to specify what our commitments will be and what are the tasks for the future.  And it has also served as a space to restate our friendship, the good relationship that we have and the respect that we pay to each other.  And we have committed to work hard to make a significant contribution, to make North America a more competitive region — I would dare to say the most competitive region in the world.  And this is a region that has a true call for prosperity.  And we will work to provide better well-being to the citizens of our countries.

We have made great strides.  We create plenty of jobs due to the economic relationship that we have managed to achieve, but we want more.  We want more development.  We are aware of the potential that we find in North America.  And I make a pledge so that the seventh summit of leaders of North America serves its purpose.

Once again, we welcome, and I would like to say that I hope you have had a very pleasant stay in Toluca and I hope that this visit has been very fruitful.  And I hope that we have been able to build an even stronger relationship.

Thank you.  (Applause.)

PRESIDENT OBAMA:  Buenas noches to President Peña Nieto.  To the people of Toluca and the people of Mexico, thank you so much for your extraordinary hospitality.  Thank you again, Enrique, for welcoming us to your hometown and home state, which — like the beautiful surroundings tonight — reflects Mexico’s proud history as well as the economic dynamism of today’s Mexico.

I want to thank President Peña Nieto and Prime Minister Harper for their partnership in deepening the extraordinary ties between our countries — especially the trade that supports good jobs for our people.  For the United States, Canada and Mexico are two of our largest trading partners with trade that supports millions of American jobs.  Thanks in part to our efforts to boost U.S. exports, American exports to Canada and Mexico continue to grow faster than our exports to the rest of the world.

Together, our countries have strengths that give North America a tremendous competitive advantage — the skills of our workers, manufacturing that’s growing, and new sources of energy. So we have to take advantage of these competitive advantages, and we need to do it together.  All of this positions us to be a powerhouse in the global economy.  And that’s why we’re here, to make sure that we’re doing everything we can to be more competitive and create more jobs in Canada, in Mexico, and in the United States.

First, we’re focused on making it easier to trade.  Earlier today, I signed a new executive order to make it easier for companies that want to export and import.  Instead of dealing with dozens of different federal agencies and long paper forms, we’re going to create a one-stop shop online, so companies can submit all their information in one place and save themselves time and money.  We’re going to keep investing in infrastructure — like roads, bridges, border crossings — so our goods are getting to market faster.  We’ve agreed to keep working to make it easier for our businesspeople and tourists to trade and travel.  And we’re going to step up our efforts to streamline and eliminate regulations or the red tape that can sometimes stifle trade and job creation.

We’ve agreed to keep working to complete negotiations on the Trans-Pacific Partnership, including strong protections for our workers and the environment, so that we can compete in the fast-growing markets of the Asia Pacific.  And because it will grow the U.S. economy and make the United States more attractive to investment — and because we have to do right by our families and our values — I’ve reiterated that immigration reform remains one of my highest priorities.

I’m also very pleased that we’ve agreed to keep expanding educational partnerships, as Enrique mentioned, so our young people develop the skills they need to succeed in the global economy.  And this builds on my initiative that we call 100,000 Strong in the Americas.  We want more students from the United States studying throughout the hemisphere, and we want more students from places like Mexico and Canada studying in the United States — so that they’re developing familiarity and partnerships and friendships that will serve them and serve our countries well for decades to come.

Second, we continue to deepen our clean-energy partnerships, which create jobs and combat climate change.  Yesterday, I announced that the United States will develop new fuel economy standards for heavy-duty trucks — standards that reduce carbon pollution.  And today, all three of our nations have agreed to work together to meet high fuel standards for these heavy-duty trucks.

And more broadly, we agreed to join with our Central American and Caribbean partners on a regional energy strategy.   And this builds on the commitment I made in Central America last year to help our partners across the region reduce their energy costs and become more competitive.  On a global level, we agreed to keep standing together as we push for an international agreement to phase down the production and consumption of dangerous hydrofluorocarbons.

Number three, we know that realizing our full potential as individual countries and as a region means confronting the criminals and narcotraffickers who unleashed so much violence on our citizens.  Here in Mexico, the security forces and the Mexican people continue to make enormous sacrifices in that fight, and our three nations are united against this threat.  In the United States, we continue to be committed to reduce the demand for illegal drugs and we’ll continue our unprecedented efforts to combat the southbound flow of illegal guns and cash.

And, finally, given our shared commitment to democratic values and human rights, I want to take this opportunity to address the situation in Venezuela and Ukraine, and the unacceptable violence in those two countries, which the United States strongly condemns.

In Venezuela, rather than trying to distract from its own failings by making up false accusations against diplomats from the United States, the government ought to focus on addressing the legitimate grievances of the Venezuelan people.  So, along with the Organization of American States, we call on the Venezuelan government to release protestors that it’s detained and engage in real dialogue.  And all parties have an obligation to work together to restrain violence and restore calm.

With regard to Ukraine, along with our European partners, we will continue to engage all sides.  And we continue to stress to President Yanukovych and the Ukrainian government that they have the primary responsibility to prevent the kind of terrible violence that we’ve seen, to withdraw riot police, to work with the opposition to restore security and human dignity and move the country forward.  And this includes progress towards a multiparty technical government that can work with the international community on a support package and adopt reforms necessary for free and fair elections next year.

Ukrainians are a proud and resilient people who’ve overcome extraordinary challenges in their history, and that’s a pride and strength that I hope they draw on now.  Meanwhile, I’ve urged the military in Ukraine to show restraint and to let civilians pursue the dialogue necessary for progress.  We’ve obviously seen reports of a truce between the government and the opposition.  If the truce is implemented, it could provide space for the sides to resolve their disagreements peacefully.

And going forward, we’ll continue to do whatever we can to support Ukrainians as they seek a peaceful resolution and respond to the aspirations of the Ukrainian people for a strong, unified democracy that’s fully integrated into the international community.

So, again, I want to thank Enrique and the people of Mexico, and the people of Toluca, for their wonderful hospitality.  If we stay focused on our shared vision — a North America that’s more integrated and more competitive — then progress in each of our countries will mean more prosperity and opportunity for everyone.

Thank you very much.  (Applause.)

PRIME MINISTER HARPER:  (As interpreted.)  Allow me to start out by thanking President Peña Nieto for his generous hospitality.  We have had a wonderful stay in this wonderful country, in Mexico, and we are eager to come back soon.

Today, I had fruitful meetings and dialogues with my commercial partners from Mexico in regard to services, information, and also shared and fundamental values and, of course, a democratic and peaceful world.

Today, we celebrate the 20th anniversary of NAFTA.  As time can tell us, this treaty was successful, and it started guaranteeing prosperity from one extreme to the other of the hemisphere.  The volume of exchanges is fourfold now, and is over $30 billion.  And we have now seen exponential growth and can hope for exponential growth in years to go.

We are in agreement to say that we can still grow the success of NAFTA, to implement new ways, for instance, in regard to the Trans-Pacific alliance.  And so these negotiations should be for the best.  We need to create employment.  This is the key to revitalize the economy and to foster prosperity not only for the Canadian populations, but for our populations at large.

That’s why our government will keep on working and expanding the free trade and commerce with our main partners in North America, as well as with Asia Pacific region and worldwide, since we want to have access on the other side of the Atlantic, since we have subscribed to the free exchange agreement with Europe.

Today, President Obama, President Peña Nieto and myself have discussed and have delved into many topics, especially the state of the world economy at a local, regional level, and competiveness — North American competitiveness.  We are truly enthusiastic to collaborate, with this idea of collaborating together.  We shall keep on working together with my homologues [counterparts] and to take a profit of all the occasions for the well-being of our populations.  And we will host the forthcoming population of the summit in Canada.

And I would like to add a word in regard to the situation in Ukraine.  There’s been a truce, but it is essential that we take action.  And at the end of the day, the Ukrainian government has to be held responsible for settling this situation.  The Ukrainian government took actions — actions that were not only unpopular, but actions that put at risk nature and the aspirations of becoming an independent nation.

(In English.)  My sincere thanks to President Peña Nieto and the Mexican people for their generous hospitality.  We’ve had a wonderful time here in beautiful Mexico, and I look forward to returning again soon.

Today we had productive meetings with Canada’s closest friends and trading partners — partners with whom we share goods, services and information, and also fundamental values and a vision for a democratic and peaceful world.

This year we mark the 20th anniversary of the North American Free Trade Agreement.  And as only time can reveal, the agreement — statistics alone — has been overwhelmingly successful and is responsible for creating prosperity from the bottom to the top of the continent.  There has been a fourfold growth in trilateral trade over the last 20 years that now exceeds a trillion dollars. And it is estimated that the NAFTA marketplace will continue to expand exponentially in the decades to come.

We all agree that there is enormous potential to build on the success of NAFTA in new ways, for example, most notably through the Trans-Pacific Partnership.  We’re therefore focused on bringing those negotiations to a successful conclusion.

Developing trade is one of the keys to job creation.  It is a key to economic vitality, and it is a key to long-term prosperity not just for the Canadian people, but for all of our peoples.  That’s why our government will continue to work to expand trade with our two core trading partners in North America, in the Asia Pacific region more generally, and around the world  — just as we did last year, when we expanded our access across the Atlantic through the conclusion of the Canada-European Union Comprehensive Economic and Trade Agreement.

In our meetings today, Presidents Peña Nieto, Obama and I discussed a range of topics as have already been detailed by my colleagues, including the state of the global economy, international regional security, and North American competitiveness.  We share a genuine enthusiasm for closer collaboration.

The Presidents and I will continue to work together to address the challenges of the 21st century and to seize the many promising opportunities that the future holds for our peoples.  And I do look forward to hosting the next North American Leaders Summit in Canada.

And I’d also just like to conclude with a word on the situation in Ukraine.  We obviously are encouraged to hear the news of a truce.  While this is good news, this kind of news, these kinds of words are only meaningful if they are put into action.  And ultimately, it is the regime that is responsible for resolving the current situation.  It is the regime that created this situation — not by taking decisions that were merely unpopular, but by undertaking decisions that went against the very nature and aspirations of Ukraine as an independent state.  And for that reason, we hold the government responsible and urge them to take all the steps necessary to resolve the situation and to put Ukraine back on the democratic and Euro-Atlantic path that the Ukrainian people desire.  (Applause.)

MODERATOR:  (As interpreted.)  We will have a round of questions.  Jason McDonald will introduce the Canadian journalist asking the question.

MR. MCDONALD:  Omar Sachedina from CTV News.

Q    Mr. President, good evening to you.  Canada has offered to work with the United States on joint rules to reduce greenhouse gas emissions in the oil and gas sector.  You’ve said the Keystone XL pipeline won’t be approved if it significantly worsens climate change.  The State Department report has concluded that Keystone will not have a significant effect on climate change.  So my question to you is, what more needs to be done on both sides of the border for this project to go ahead?

And, Prime Minister, I’d love for you to be able to weigh on this as well.  Et en français aussi, s’il vous plaît.

THE PRESIDENT:  Well, as I’ve stated previously, there is a process that has been gone through, and I know it’s been extensive, and at times I’m sure Stephen feels a little too laborious.  But these are how we make these decisions about something that could potentially have a significant impact on America’s national economy and our national interests.

So the State Department has gone through its review.  There is now a comment period in which other agencies weigh in.  That will be evaluated by Secretary of State Kerry, and we’ll make a decision at that point.

In the meantime, Stephen and I, during a break after lunch, discussed a shared interest in working together around dealing with greenhouse gas emissions.  And this is something that we have to deal with.  I said previously that how Keystone impacted greenhouse gas emissions would affect our decision, but, frankly, it has to affect all of our decisions at this stage, because the science is irrefutable.  We’re already seeing severe weather patterns increase.  That has consequences for our businesses, for our jobs, for our families, for safety and security.  It has the potential of displacing people in ways that we cannot currently fully anticipate, and will be extraordinarily costly.

So I welcome the work that we can do together with Canada.  One of the wonderful things about North America is we have this amazing bounty of traditional fossil fuels, and we also have extraordinary businesses that are able to extract them in very efficient ways.  And that’s something that we should welcome because it helps to promote economic growth.  But we only have one planet, and so I believe that ultimately we can both promote economic development and growth, recognizing that we’re not going to immediately transition off of fossil fuels, but that we do have to point to the future and show leadership so that other countries who will be the main emitters fairly soon — China, India, other emerging markets — so that they can look at what we’re doing and we have leverage over them in terms of them improving their practices as well.

So this will be a joint effort.  I’m very eager to consult with Stephen around those issues.  And Keystone will proceed along the path that’s already been set forth.

PRIME MINISTER HARPER:  Let me just say a couple of things. First of all, obviously, President Obama and I had an exchange on this.  My views in favor of the project are very well known.  His views on the process are also equally well known.  And we had that discussion and will continue on that discussion.

I would just say two things about the process.  First, on the issue of climate change, which is a shared concern, Canada and the United States have similar targets at the international level.  We already cooperate in several sectors in terms of emissions reductions.  But in terms of climate change, I think the State Department report already was pretty definitive on that particular issue.

The other thing I’d just draw attention to, just because I think it’s useful to point out the benefits to Canada, is the reform that we had done of environmental review and assessments of projects in Canada.  As you know, a couple years ago we moved to reform our system so that we have a single review wherever possible — a single review, a multi-dimensional review that happens over a fixed timeline.  And I think that is a process that is tremendously useful in giving investors greater certainty in terms of the kind of plans they may have in the Canadian economy.

(As interpreted.)  And now I shall repeat my comments in French.  (Speaks in French.)

MODERATOR:  From the traveling U.S. press, goes to Jim Kuhnhenn of the Associated Press.

Q    Señor Presidente, muchas gracias.  Ha sido un placer.  Prime Minister — do you worry that longstanding opposition to trade deals in the U.S. from both the President’s party and some Republicans pose a threat to the Trans-Pacific Partnership?  And do you — in your mind, is it essential that Congress approve it, or at least give the President fast track authority this year, or can it wait until after the U.S. elections in November?

Mr. President, if you’d like to chime in on that as well — you mentioned parochial interest today; I’d be interested in how you intend to bring your Democrats along.  But I had a question for you on something else that you raised.

PRESIDENT OBAMA:  How many questions do you got, Jim?

Q    Just one, sir.

PRESIDENT OBAMA:  Okay.  (Laughter.)  Because you know I’ve got to answer that one, too, right?  That was a pretty slick move.  (Laughter.)

Q    The common denominator in the strife in Ukraine and Syria is the support that those two governments get from Russia, and I’m wondering, sir, if you believe that President Putin bears some responsibility for the intransigence of those two regimes.  And to some degree, has this gone beyond just those two countries, and has it become a tug of war between two world powers?

PRESIDENT OBAMA:  Let me answer very briefly on the trade issue.  It’s not accurate, Jim, to say that my party opposes this trade deal.  There are elements of my party that oppose this trade deal, there are elements of my party that oppose the South Korea free trade agreement, the Colombia free trade agreement and the Panama free trade agreement — all of which we passed with Democratic votes.

So what I’ve said to President Peña Nieto and Prime Minister Harper is we’ll get this passed if it’s a good agreement.  And the key at this point is to make sure that our countries, which hold ourselves up as champions of free trade, resolve our legitimate national interests in these negotiations so that we can present a united front against a number of the other participants in the TPP negotiations who don’t have as much of a tradition of free trade.  And that is to our advantage, precisely because North America has this amazing competitive advantage, and we are already relatively open markets.

And part of our goal here is to make sure that the Asia Pacific region — which is growing faster than anyplace else in the world, has a larger population than anyplace else in the world — that they have a model of trade that is free and fair and open and allows our businesses to compete and allows our workers to make goods and deliver services that those markets are purchasing.  And we can only do that if we raise the bar in terms of what our trade models look like.

And I’ve said this to some of my own constituents who are opposed to trade:  Those who are concerned about losing jobs or outsourcing need to understand some of the old agreements put us at a disadvantage.  That’s exactly why we’ve got to have stronger agreements that protect our intellectual property, that open up markets to our agricultural products; that make sure that when it comes to government procurement or sovereign wealth funds in these other countries, that they’re not taking advantage of our businesses and preventing us from competing there.  That’s exactly why we’ve got to get this done.  And I’m very appreciative of the shared vision and commitment that Prime Minister Harper and President Enrique Peña Nieto have on this issue.

Now, with respect to Syria and the Ukraine, I do think it is worth noting that you have in this situation one country that has clearly been a client state of Russia, another whose government is currently — been supported by Russia; where the people obviously have a very different view and vision for their country.  And we’ve now seen a great deal of turmoil there that arose organically from within those countries.

I don’t think there’s a competition between the United States and Russia.  I think this is an expression of the hopes and aspirations of people inside of Syria and people inside of the Ukraine who recognize that basic freedoms — freedom of speech, freedom of assembly, fair and free elections, the ability to run a business without paying a bribe, to not be discriminated against because of your religion or your beliefs — that those are fundamental rights that everybody wants to enjoy.

Now, Mr. Putin has a different view on many of those issues, and I don’t think that there’s any secret on that.  And our approach as the United States is not to see these as some Cold War chessboard in which we’re in competition with Russia.  Our goal is to make sure that the people of Ukraine are able to make decisions for themselves about their future, that the people of Syria are able to make decisions without having bombs going off and killing women and children, or chemical weapons, or towns being starved because a despot wants to cling to power.

Those express our values and our national interests, and we will continue to express those national interests.  There are times, I hope, where Russia will recognize that over the long term they should be on board with those values and interests as well.  Right now, there are times where we have strong disagreements.  And when I speak to Mr. Putin, I’m very candid about those disagreements, even as we will continue to pursue cooperation with Russia on areas where we had shared concerns.

But I want to emphasize this:  The situation that happened in Ukraine has to do with whether or not the people of Ukraine can determine their own destiny.  And my government and Vice President Biden, and I personally, have expressed to President Yanukovych the need for him to recognize the spirit of the Ukrainian people and work with that, as opposed to trying to repress it.  And so we’ll continue to stand on the side of the people.

My hope is, at this point, that a truce may hold, but Stephen is exactly right — ultimately, the government is responsible for making sure that we shift towards some sort of unity government, even if it’s temporary, that allows us to move to fair and free elections so that the will of the Ukrainian people can be rightly expressed without the kinds of chaos we’ve seen on the streets and without the bloodshed that all of us I think strongly condemn.

PRIME MINISTER HARPER:  On the issue of the Trans-Pacific Partnership, as I said, we are wanting to see and committed to seeing a good, comprehensive Trans-Pacific Partnership trade agreement.  I think it’s in all of our interest for the reasons that have already been laid out.  That said, the government of Canada’s position is always clear in these matters that we will only come to an agreement when we are convinced the agreement is in the best interest of Canada.  And we will stay at the table as long as it takes to get to that particular situation.

And I think we have the track record to prove it.  Our government, the current government of Canada, has signed more trade agreements than all previous Canadian governments combined. What I would say is this — I’m not going to comment on the process in Congress.  What I would say is this — the reason I said what I said about working until we get an agreement that is in the interest of Canada is we will have to have an agreement that can be sold to the Canadian Parliament and ultimately to the Canadian people.  And that’s what we’re aiming for.

(The Prime Minister repeats his remarks in French.)

PRESIDENT PEÑA NIETO:  (As interpreted.)  The Mexican stand has been very clear, and specifically our take on the TPP have always stated it, it is of the interest of Mexico.  We have been part of the negotiation rounds to eventually reach an agreement of this important opportunity that the TPP offers.  We can expand the potential of North America into the Asia Pacific region.  Mexico would do its best for the sake of Mexico to be on the side of the solution.  We will overcome disagreements and eventual roadblocks that the negotiation rounds present.  And we hope that it is this spirit that we reach the agreement.

Mexico has made a commitment and has shown political will to be part of the Trans-Pacific Partnership.  We hope that the deal happens.  That is the Mexican stand, and we will work to the best of our ability to reach this goal.

Now, on behalf of Mexico, Miguel Reyes Razo, from the Mexican Editorial Organization, will ask a question.

Q    (As interpreted.)  Good evening, everyone.  By virtue of the fact that we celebrate the 20th anniversary of the efforts made by Mexico, the United States and Canada, we have NAFTA for 20 years.  I would like to ask Enrique Peña Nieto, the President of my country, what is the outlook of the northern part of this continent in terms of development?  And at the same time, Mr. President Peña Nieto, I would like to know, what are the challenges for the development that we have hoped for, that we are expecting?

And I would like to ask the President of the United States of America, Mr. Obama, and Mr. Harper, the Prime Minister of Canada — what is the engagement that we should expect from you? What is your actual commitment to make this region, North America, thrive in economical terms?  Now, we have 13 months and a half of your administration, Mr. Enrique Peña Nieto.  And you, Canada and the United States, partners and neighbors of this country, what is your take?  What is your take on this 13 months and a half of the Mexican President?  Thank you very much for your reply.

PRESIDENT PEÑA NIETO:  (As interpreted.)  Mr. Miguel, I believe that we have been very candid in terms of the huge strength that we see in North America after 20 years of the free trade agreement.  Our trade has been able to thrive.  We have more commercial exchanges.  We have more investment in the region.

And today we have integrated added value chains between our three countries.  That means that we are adding value to products that are offered in this great market.  We are fully aware of the economic growth since, so far, we are fully aware of the creation of jobs in North America.  That is why we have committed in this summit to take on actions that would help us strengthen our economic ties even further.  We have committed to enable trade, to have better infrastructure, to have safer exchanges, and to make our trade be easier.  So these are the agreements that we have made today.

And we have also acknowledged the enormous potential.  And the future that we see in the horizon would be based on the strengths that we have built upon over the course of the last 20 years.  And let us acknowledge that we are three countries that we are like-minded in terms of our values.  We are three democratic countries.  We are three countries who believe in free trade.  And our countries have found in this instrument a space to create jobs and to have more development in our nations.

PRESIDENT OBAMA:  Well, as we’ve said I think throughout our meetings today, America’s success, Mexico’s success, Canadian success are all bound together.  I think that if you just look at the facts, Mexico has made enormous strides over the last several decades.  And, in part, that is because we’ve seen a greater integration of Mexico in the world economy.  I think the United States and Canada have played constructive roles in that.  Our ability to trade and engage in commerce with Mexico obviously has created jobs and opportunities in our country, as well.  And so it has been a mutually beneficial partnership — based on self-interest, but also as Enrique said, based on common values.

We’ve seen a consolidation of democracy here in Mexico, and I think the kinds of reforms that Enrique has initiated over the last 13 months are ones that will put Mexico in an even stronger competitive footing in the world economy in the years to come.

And I recognize there are still implementation issues that will be involved, and there will be a healthy debate here in Mexico, but I’m confident, given the talent of the Mexican people, given the resources of the Mexican people, given the growing capacity of Mexican businesses, and given the fact that we, as a North American entity, constitutes a huge trading bloc and economic powerhouse around the world, that we should anticipate Mexico’s growth to continue, standards of living to continue, jobs and opportunities to continue.  And that’s what we hope for all our countries.

I’m confident that the partnership that we’ve developed is good for the United States, creates jobs in the United States, helps businesses in the United States.  And if we continue to cooperate and try to reduce some of the barriers that have in the past slowed down our commercial exchanges, as well as educational exchanges and scientific exchanges, then we’re going to be successful.

PRIME MINISTER HARPER:  (As interpreted.)  Allow me, this is our perspective.  While Canada has seen great success, but the development of Mexico throughout this time period that is 20 years has been unbelievable, socially, economically, politically. And Mexico is becoming a world of power.  And we see this accelerating process with the support of President Peña Nieto.

You have made comments on the challenges to meet.  I think that the greatest one is the need to keep on increasing the flow of goods and services and information across our borders at a time where risks and threats to security are also increased across the borders.  And that will be the greatest challenge to meet.

(In English.)  Look, I think the NAFTA relationship, as I’ve said before, has been tremendously successful for all of us. But I think, looking back 20 years, the development of Mexico on all levels — economic, social, political — over the period has been incredible.  It’s a process that is accelerating under President Peña Nieto’s very bold vision for the future, and Mexico is increasingly becoming a global economic player.

You asked about challenges.  I think the biggest single challenge is in an era where we are seeing and need to see even greater movement of goods, services, people, investments, information flows across our borders, that at the same time, the risks and the threats to security across those borders continue to rise.  So the big challenge will be how we continue to grow that human and trade flow, while at the same time minimizing the risks.

MODERATOR:  (As interpreted) President Peña Nieto, would you like to take the floor so you can officially close this meeting?

PRESIDENT PEÑA NIETO:  (As interpreted.)  Yes, I will.  Thank you very much.

Once again, I would like to congratulate myself for this summit.  We have built a climate that is based on trust, respect, and we have worked towards a relationship that it’s very clear in terms of the responsibilities of each one of the heads of state. And I am certain that this relationship will result in a greater integration, a stronger friendship, and whatever we do for the sake of North America will benefit our peoples.

I would like to bear testimony of how grateful I am towards the authorities of the state, the Governor of the State of Mexico, Eruviel Ávila.  I’d like to thank you for enabling the summit to take place here.  I would like to thank the Chief Justice of the State of Mexico.  They provided us with their facilities.

And I would like to thank the inhabitants of the capital city of the State of Mexico, Toluca, for their hospitality.  I thank them.  And I’d like to thank all of them for the inconveniences and all the preparation work and all the security operations needed for the summit.  I’m very grateful towards them.  And I’m very grateful for the hospitality given to the President of the United States, Barack Obama; and the Prime Minister of Canada, Stephen Harper.

Thank you very much and have a safe trip home.  Thank you very much.  (Applause.)

END
8:20 P.M. CST

Full Text Obama Presidency February 19, 2014: President Obama, President Peña Nieto, and Prime Minister Harper’s Speech to North American Business, Civil Society and Education Leaders at Three Amigos Summit

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

President Obama Travels to Mexico for the North American Leaders’ Summit

Source: WH, 2-19-14

President Barack Obama delivers remarks alongside of President Enrique Peña Nieto and Prime Minister Stephen Harper during the North American Business, Civil Society and Education leaders during the North American Leaders Summit in Toluca, Mexico.President Barack Obama delivers remarks alongside President Enrique Peña Nieto and Prime Minister Stephen Harper to North American business, civil society, and education leaders during the North American Leaders’ Summit in Toluca, Mexico, Feb. 19, 2014. (Official White House Photo by Amanda Lucidon)

Today, the President traveled to Toluca, Mexico for this year’s North American Leaders’ Summit, along with Mexican President Enrique Peña Nieto and Canadian Prime Minister Stephen Harper….READ MORE

Remarks by President Obama, President Peña Nieto, and Prime Minister Harper to North American Business, Civil Society and Education Leaders

Source: WH, 2-19-14 

Salon del Pueblo
Palacio de Gobierno
Toluca, Mexico

5:03 P.M. CST

PRESIDENT PEÑA NIETO:  (As interpreted.)  Your Excellency, Barack Obama, President of the United States of America; Your Excellency, Stephen Harper, Prime Minister of Canada; ladies and gentlemen, distinguished guests:  We are here gathered with representatives from the public, the private, and the social sectors.  All of you have walked along with us in the construction road to a more competitive North America.  And by this, we will have a higher level of development for our peoples.

Members of the media, Mexico welcomes you with open arms to celebrate the North America Leaders Summit, Toluca 2014.  Besides being Toluca, my hometown, this is the place where I was entrusted by the citizens to serve as the governor of this state, the state of Mexico.  The state of Mexico is a clear symbol of the productive integration of North America due to its geographic location and its connectivity.  Here we have seen the settlement of advanced automobile facilities and very important logistic hubs.  Both are a true example of value chains, global value chains that make North America excel.

That is why, from Toluca, the three leaders of North America confirm today our commitment to position our region as one of the most dynamic and competitive of the whole world.

I celebrate the fact that we have gathered here with prominent representatives from the academia, from the private sector, and from the civil society from North America.  Your contribution has been vital to bring Canada, the U.S. and Mexico closer.  With a clear vision in mind, all of you pushed from the onset the great idea that gathers us today — an integrated North America with goals and shared efforts.

(Drop in audio feed.)

Once, the Free Trade Agreement area was the largest free trade area with an unprecedented push of trade exchanges, regional investment, and the creation of millions of jobs.  With the same innovative spirit, two decades after, we are bound to go beyond and enhance all together the progress that each one of our countries has made, because individually all our countries have moved forward as well.

Therefore, the principal topics of this seventh summit are very clear:  First, inclusive and shared prosperity.  Number two, new opportunity areas.  Number three, citizen security.  And fourth, regional and global topics.  It is upon these four topics today we will work together to boost the economic growth of our countries and a generation of quality jobs, and by this, increase the wellbeing of our societies.

Ladies and gentlemen, Canada, the United States and Mexico share strengths that make us move forward.  We are a community of more than 450 million inhabitants where talent and creativity of our peoples excel.  Trade exchanges from the three countries are over $1 trillion; in Spanish we use billions, in English we use trillions.  We have the support and thrive of our entrepreneurs and the capabilities of technological innovation coming from our universities and large companies.

We have principles, we have institutions that make us be solid democracies.  We have natural resources, endless natural resources and new opportunities so we can take advantage of them sustainably.

All of these are factors that lay a solid groundwork for North America’s region, and this is how we will make it a more attractive and competitive region in the world for the upcoming years.  I would like to invite you, respectfully, so that each one of us from the area where you have the responsibility to act, let’s make North America a more competitive and a more prosperous region for the sake of the inhabitants of our countries.

Thank you very much.  (Applause.)

PRESIDENT OBAMA:  Good afternoon.  Buenas tardes.  Bonjour.  I want to thank Enrique for his extraordinary hospitality and for bringing us here to his beautiful home city.  I want to thank the people of Toluca and of Mexico for your great hospitality.

We’re all here on business, which means I’m not here as long as I’d like.  I have not, for example, sampled some of Toluca’s legendary chorizo.  (Laughter.)  And hopefully the next time I stop by, I’m going to be able to have some of that.

All of us — Stephen, Enrique and I — are focused on how we can deepen what are already incredible ties between our three nations.  And I appreciate that all of you are here today, because governments cannot do it alone.  The strength of the relationship between Canada, Mexico and the United States is not just a matter of government policy; it’s not just a matter of legislation.  There is an incredible richness to the relationship that comes from our people, from our businesses, from our commercial ties, from the students who are traveling back and forth, from the cultures that are shared between us.

And that strength is in some ways unique throughout the world.  If you think about North America, to have three borders this long in which we share a common set of values, a common set of principles, a commitment to democracy, a commitment to free markets, a commitment to trade where we are allies and interact peacefully, that is a precious gift.  And it’s one that I think all three of us are committed to building and nurturing for future generations.

And for me this is very personal.  Some of my closest advisors and allies and political friends are the children of Mexican immigrants who have made an extraordinary life and contribution in the United States.  My brother-in-law is Canadian, so you know I have to like Canadians — (laughter) — although I will note that I think we are going to have both the men’s hockey teams and the women’s hockey teams battling it out.  (Laughter.)  So for a very brief period of time, I may not feel as warm towards Canadians as I normally do — at least until those matches are over.

But each of you experiences these connections in very concrete ways.  Enrique already spoke about the volume of trade that takes place, and the interactions between our businesses, and the subsidiaries of companies in each country that are operating in the other.  And so much of the cross-border trade that exists is part of an integrated supply chain that allows us, all three of us as countries, to successfully sell our products and services all around the world.

And so we have every incentive to make this work.  And so a lot of our conversation has focused on how do we reduce any continuing trade frictions; how do we make sure that our borders are more efficient; how do we make sure that the educational exchanges between our young people are expanded so that our young people understand their opportunities will be brighter and expanded if in fact they’ve had the opportunity to study in Canada or to study in Mexico, if they know Spanish, if they know French.

And we use these forums to make concrete progress.  Our staffs work incredibly hard to make them successful.  But, frankly, until our leaders come around, until the three of us meet, sometimes it doesn’t all get done.  And this becomes a forcing mechanism for us to move forward on commercial progress, joint security progress, progress on educational and scientific exchanges.

But — and this is the last point I want to emphasize — there are always going to be parochial interests in each of our countries, so that’s appropriate and that will express itself politically, and we have to be responsive to our own constituencies.  If, in fact, we’re going to continue to build and strengthen the ties between our three countries, then you can’t just leave it to politicians alone.  All of you are going to have to speak out and speak up on the importance of this relationship.

We want to make sure that we’re your partners and allies in this process, but when people understand what this means in terms of job creation in the United States, job creation in Canada, job creation in Mexico, how this relationship enhances our security, how it improves our capacity to heat our homes and grow our food and make sure that young people have opportunities in the future — when they hear that from you, it’s that much more persuasive.

And so I would encourage all of you to continue to make your voices heard.  You’ll have certainly a partner in me, and I’m sure that you’ll have a partner in Stephen and Enrique as well.

I thank you for participating here today.  And once again, Enrique, thank you for the extraordinary hospitality in this beautiful state and this beautiful city.  Muchas gracias.  (Applause.)

PRIME MINISTER HARPER:  Bon après-midi.  Buenas tardes.  Good afternoon, everybody — wonderful day and we’re delighted to be here in Toluca.  And it’s easy to see why you’re so proud of your hometown.  It’s a wonderful spot here.

And, Barack, it’s always great to see you.  And I like my brothers-in-law, too.  (Laughter.)  And I’ll probably like them no matter who wins the hockey game.  (Laughter.)  Anyway.

I want to also thank all of you being here, in particular, obviously, the delegation that has accompanied me from Canada.

(As interpreted.)  Today we have this opportunity to make this North American market more competitive.  You are entrepreneurs, you are job creators, employment creators all over this continent.

(In English.)  — with so many business people here, as well as academics and others, to discuss how to make North America, which is these three economies combined, which is nearly one-quarter of the world’s economy more prosperous and more competitive.

And it’s particularly fitting that it would be you as civil society and business leaders who would lead such a discussion, for although it was NAFTA and the Canada-U.S. Free Trade Agreement before it that opened up the opportunities, this is a trade alliance that, in fact, consists of very little top-down infrastructure.  It has been businesses, people on the ground, social interactions, academic interactions which have advanced relations, particularly economic relations that go well beyond trade.

Today, Canadian, American and Mexican companies do much more than sell things to each other.  You increasingly make things together through integrated supply chains.  Now, for example, we talk about the fact, in Canada obviously, that the Canadian-American trade relationship is the largest in the world — certainly, the U.S. is our largest export market.  But Canadian exports to the United States contain an average of 25 percent American content.  Likewise, Mexican exports to the United States include an average of 40 percent U.S. content.

(As interpreted.)  So this is why we want to tighten our relationships and increase the competitiveness in the region.  And we call on the entrepreneurs — of course, the Canadian and U.S. companies are grabbing occasions and opportunities in Mexico — throughout the continent to create employment seedbeds.

(In English.)  Jobs include organizations as diverse as TransCanada, the Canadian Cattlemen’s Association and Beef Canada, the Canola Council, Linamar, Scotiabank and many others that I know are represented with us here today.  And they have tremendous growth prospects in fields such as energy, in education, agri-food, information and communications technologies, banking and financial services, and many, many others, particularly when one looks at not just the rapid transformation in this country over the past 20 years, but the very aggressive reforms that are being undertaken by President Peña Nieto’s administration.

(As interpreted.)  And having said this, the world, the entire world is not what it used to be in 1994.

(In English.)  Different realities from 20 years ago are realities we must adapt to today.  They include obviously the ongoing uncertainty, market uncertainty that remains from the global recession and also from a global economy that is much more competitive from many other regions.

(As interpreted.)  We must work together to be able to break barriers and for the benefit of our populations.

(In English.)  And so, as Canadians, Mexicans and Americans, we need to look for ways to work together and to look forward.

Thank you for being here.  (Applause.)

END                5:21 P.M. CST