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Skriven 2007-05-10 23:30:52 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (0705102) for Thu, 2007 May 10
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Open Economies Policy Statement
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For Immediate Release Office of the Press Secretary May 10, 2007

Open Economies Policy Statement

˙˙White House News

˙˙˙˙˙ President Bush's Statement on Open Economies ˙˙˙˙˙ In Focus: Jobs _

In advancing open markets, the United States will:
  ū Reinforce the principle that a domestic climate conducive to foreign
    investment strengthens national security. Meeting the challenges of a
    post-9/11 world need not require securing one at the expense of the
    other. The United States recognizes that growing inflows of foreign
    investment are necessary to expand levels of employment, innovation,
    and competitiveness in this country. Only those safeguards that are
    clearly necessary to protect our national security should be
    maintained.
  ū Actively target unreasonable and discriminatory barriers to investment.
    The United States encourages a broad acceptance of the
    national-treatment principle in all countries and places a premium on
    the protection of U.S. investments abroad. The United States opposes
    measures that distort international investment flows, including
    trade-related or other performance requirements, discriminatory
    treatment of foreign investment, and expropriation without
    compensation. In turn, when countries promise to protect investment and
    eliminate such distortions, investors must have the ability to enforce
    those binding promises in neutral international settings that are free
    from the political intervention of governments. Further, countries need
    to be responsive to the needs of investors for access to innovative
    cross-border financial services. The United States will continue to
    allow foreign investors open and fair access to investment
    opportunities under our statutes and regulations and in accordance with
    international law, and will continue to welcome investment through
    programs such as the Invest in America initiative.
  ū Work with our partners in the WTO to strengthen the rules-based trading
    system so that it continues to promote open markets, trade reform and
    new opportunities for development and growth. My Administration is
    committed to completing the Doha Development Round with an agreement
    that opens markets for goods and services, ensures reform of
    agriculture and strengthens WTO rules, including in key areas such as
    trade facilitation. The predictability, certainty, and transparency of
    the system enhance opportunities for international investment by
    building investor confidence.
  ū Promote an international environment in which international investment
    can make the greatest contribution to the development process. The
    United States has initiated the Millennium Challenge Account, which
    assists developing countries that create and maintain sound policy
    environments, including governing justly, investing in people, and
    encouraging economic freedoms. Through our bilateral and multilateral
    economic assistance programs, the United States will continue to
    explore ways to increase both public and private capital flows and
    support international investment in the developing world. As countries
    continue to adopt free market principles and democratic reforms,
    international investment is necessary to nurture market-oriented
    development and reduce debt service burdens. Economic freedom is one of
    the single greatest antidotes to poverty worldwide, and a positive link
    exists between the liberalization of investment flows and greater
    international trade.

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