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U.S. President Barack Obama has tied America's economic future to that of
Asia, stressing that the United States is, and always will be, a Pacific
nation.Concluding a summit of Asia-Pacific leaders in Hawaii Sunday, Mr. Obama
focused on his efforts to reduce his nation's stubborn unemployment rate by
doubling exports. He said the fast-growing Asia-Pacific region is key to that
goal.
Mr. Obama said that during their talks in Hawaii, the 21 Asia-Pacific
Economic Conference leaders agreed on steps to increase trade and encourage
innovation, including simplified customs and tariff rules.He said the leaders
have also agreed on ways to encourage clean energy technologies and phase out
subsidies that encourage the use of fossil fuels blamed by scientists for
climate change. |
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