The textile agreement our two nations recently reached shows that with hard work and determination, we can come together to resolve difficult trading issues. The agreement adds certainty and predictability for businesses in both America and China. I look forward to frank discussions on Sunday with President Hu about our need to find solutions to our trade differences with China.
America is drawn by trade and values and history to be part of Asia's future. The extraordinary economic growth of the Asia Pacific region has delivered prosperity to millions of people, and it has created many new opportunities for American workers, farmers, and businesses. America is a nation founded on the idea of open exchange. And we know that free and fair trade benefits all sides.
We also know that American workers can compete with anybody, any time, anywhere when the rules are fair. By opening new markets, we will create more good jobs in America. By ensuring fair access for American goods and services and securing intellectual property rights, we will level the playing field for our workers, farmers, and businesses. And by working for free and fair trade, we will help deliver a better life for all Americans and advance the cause of peace and prosperity in the world.
Thank you for listening.
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