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Oct 18, 2015
10/15
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that is the only way you can multilateral eyes -- multilateralize. the structure is open. about, whether there is an incentive to make it possible actually depends on which agreement you are talking about. if it is the tdp, it is not the trade diversion to affect the nonmembers. it is more to attract the members to be part of a deal through agreements that develop value chains, and this is something which the ustr has said many times. ofagree to a certain kind situations which otherwise would not be as attractive. think both of the u.s. and the eu would like others to follow the system now the system is they would like to emphasize in order to create a fair and level in terms ofd standards on environment and labor. the so-called competitive neutrality conditions. if that is the case, they have andalance those issues greater acceptance by those who are also objective of the entire system. berefore i expect there to some kind of mechanism for this to be extended to include others. that was actually and advice to q-tip -- ttip negotiators. i think that is very good advice. on
that is the only way you can multilateral eyes -- multilateralize. the structure is open. about, whether there is an incentive to make it possible actually depends on which agreement you are talking about. if it is the tdp, it is not the trade diversion to affect the nonmembers. it is more to attract the members to be part of a deal through agreements that develop value chains, and this is something which the ustr has said many times. ofagree to a certain kind situations which otherwise would...
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Oct 30, 2015
10/15
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what makes it multilateral is mfn. and what has prevented that is the fear of free riders which if i give something which i'm giving as a -- as a liberalization of my market, et cetera, to somebody else, and i don't get the same kind of thing from the other so there's reciprocity but not identical reciprocity. that is not fair. then my producers are actually going to lose out. so, we have to identify who are the free riders, which these key economies are really concerned about. there are very few. so, it's not the 161 members which will be the limit to multilateralization. it's the free riders of potential concern for free riders. that's the context in which china's name comes up very often. and the interesting thing is, my understanding of china's mind-set is, it doesn't truly see itself as benefiting if it is outside that system. so it's actually prepared in a major way. ipr, investment, it's prepared -- it has a side agreement with the eu on labor standards. so we are not dealing with the conventional china which we
what makes it multilateral is mfn. and what has prevented that is the fear of free riders which if i give something which i'm giving as a -- as a liberalization of my market, et cetera, to somebody else, and i don't get the same kind of thing from the other so there's reciprocity but not identical reciprocity. that is not fair. then my producers are actually going to lose out. so, we have to identify who are the free riders, which these key economies are really concerned about. there are very...
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Oct 12, 2015
10/15
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on the other hand, as far as multilateralization is concerned, when we think of multilateralization, we have to think of the core and then the rest. and there are systems like reference paper in telecom, et cetera, which are recommendations agreed. so you can see whatever is agreed in ttip as recommended package. people coo schedule eight than is possible under the wto legal system. there are many ways it could be done provided the free rider problem is addressed. >> i will leave everyone a question they're not supposed to respond to now but think about it. the presumption of this panel was how do we make the systems compatible. we were all arguing. are there certain things in ttip should not be multilateralized? i leave that question to you. i have announcement by organizers. the luncheon and interview is held on the second floor or second level in the george m. yeager conference center up the spiral staircase. restrooms which is very important information heading for lunch, restrooms on the second floor on the way to the lunch. look for the yellow wall. look at the -- i would like
on the other hand, as far as multilateralization is concerned, when we think of multilateralization, we have to think of the core and then the rest. and there are systems like reference paper in telecom, et cetera, which are recommendations agreed. so you can see whatever is agreed in ttip as recommended package. people coo schedule eight than is possible under the wto legal system. there are many ways it could be done provided the free rider problem is addressed. >> i will leave everyone...
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Oct 15, 2015
10/15
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this initiative is compatible attemptingfforts in multilateral cooperation mechanisms. this will, of course, also contribute to resolving the offer mentioned asia paradox. -- the aforementioned asia paradox. economic prosperity is vital to building peace within the region. states havee united triggered trade liberalization throughout the region and laid the foundations for economic process. korea welcomes the tpp agreement reached last week. having already signed trade agreements with 10 of the 12 tpp member countries, i believe the korea is a natural partner for the tpp as well. korea andhed guests, the united states are embarking on an unprecedented partnership in various fields of global health, development assistance, clinic change, and peacekeeping operations. forces injoint africa, encountering-- the second global health security initiative high-level meeting in seoul last month, we reached an agreement to support developing countries with capacity building to counter infectious diseases. as part of this effort, the korean government has been committed to providin
this initiative is compatible attemptingfforts in multilateral cooperation mechanisms. this will, of course, also contribute to resolving the offer mentioned asia paradox. -- the aforementioned asia paradox. economic prosperity is vital to building peace within the region. states havee united triggered trade liberalization throughout the region and laid the foundations for economic process. korea welcomes the tpp agreement reached last week. having already signed trade agreements with 10 of the...
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Oct 12, 2015
10/15
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i think it was from cafta we got a multilateralized of the wto.'s another possibility you can wait for the just and multilateralized it. and you can also negotiate on separate accord. if we don't have a single undertaking or even if it is a single undertaking you to join piecemeal. ..
i think it was from cafta we got a multilateralized of the wto.'s another possibility you can wait for the just and multilateralized it. and you can also negotiate on separate accord. if we don't have a single undertaking or even if it is a single undertaking you to join piecemeal. ..
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Oct 3, 2015
10/15
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we need to work with multilateral partners. obama just convened the arctic council in alaska last month. and canada was almost absent from that. we need to take a real multilateral leadership in the arctic and once again start investing in science and research. not to find ships but actually detect what is going on with the fragile arctic ecosystem and make sure we are serving. trudeau.nk you, mr. finally, get involved in the discussion, mr. mulcair. mr. mulcair: the arctic strategy has to begin with the people of the north. i am very proud to be able to say that tomorrow, i am going .ack it is a great opportunity for us in what mr.thing harper has failed. we have seen there were results. garbage cansinto to find food in the north. the minister sat in the house of commons, reading the newspaper. we have to understand that canada's arctic is the front lines of the battle against climate change. as the permafrost melts, we are letting go a lot of methane, which are they greenhouse gases plenty times more powerful than co2. -- it
we need to work with multilateral partners. obama just convened the arctic council in alaska last month. and canada was almost absent from that. we need to take a real multilateral leadership in the arctic and once again start investing in science and research. not to find ships but actually detect what is going on with the fragile arctic ecosystem and make sure we are serving. trudeau.nk you, mr. finally, get involved in the discussion, mr. mulcair. mr. mulcair: the arctic strategy has to...
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Oct 28, 2015
10/15
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which will join one of the multilateral gatherings for the first time.nle finding a way forward syria will not be easy or automatic, it is the most promising opportunity for a political opening. recognizing what is happening. syria is being destroyed. anchor: john kerry. talks i'm joined by former congresswoman jane harman. it is good to have you with us. we are talking about iran entering the multilateral talks. thehat is only part of story. the other part of the story is that she iran will be around the table with sunni saudi arabia, egypt, and difficult states. it is an all in conversation. newsis the most positive since march 2 thousand 11. if john kerry can show the u.s. could bep needed, this the beginning of the political solution. without a political solution, the nightmare of syria will never end. anchor: they had a lot of ground they were not agreeing on in the previous talks. iran'se saying that participation may change this. jane: there is common ground in a political solution is needed, whether assad goes and if he goes is in disagreement. a
which will join one of the multilateral gatherings for the first time.nle finding a way forward syria will not be easy or automatic, it is the most promising opportunity for a political opening. recognizing what is happening. syria is being destroyed. anchor: john kerry. talks i'm joined by former congresswoman jane harman. it is good to have you with us. we are talking about iran entering the multilateral talks. thehat is only part of story. the other part of the story is that she iran will be...
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Oct 16, 2015
10/15
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efforts in advancing regional multilateral cooperation mechanisms such aif and eas as. and then the asia paradox, economic prosperity is also vital to building peace within the region. there is the fta, cory and the united states have triggered trade liberalization throughout the region and laid foundations for a new economic progress. in this context korea welcomes the agreement reached last week. having already signed trade agreements i believe korea is a national partner. distinguished guests, korea and the united states are embarking on unprecedented partnerships in various fields of global health, development assistance, climate change and peacekeeping operations. we have joined forces fighting ebola in africa, encountering birds in korea. the second global health security initiative high level meeting held in seoul last month we reached an agreement, developing countries with capacity building to counter infectious diseases. as part of this effort the korean government committed to a total of $100 million in 13 developing countries. korea and the united states are
efforts in advancing regional multilateral cooperation mechanisms such aif and eas as. and then the asia paradox, economic prosperity is also vital to building peace within the region. there is the fta, cory and the united states have triggered trade liberalization throughout the region and laid foundations for a new economic progress. in this context korea welcomes the agreement reached last week. having already signed trade agreements i believe korea is a national partner. distinguished...
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Oct 20, 2015
10/15
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that's only to bilateral but also through many multilateral and multilateral cooperations.n two weeks, we will host the korea-japan-china try lateral summit in seoul. the upcoming try lateral summit will be an important occasion to pursue peace and stability in northeast asia, as well as improve korea-japan relations. i hope this try lateral summit will provide an opportunity for korea and japan to clear away obstacles and have closer bilateral ties and discussions on the way forward towards the common future. furthermore, i believe we must make newly consolidated efforts on korea, u.s., and china in dealing with north korean issues. the diverse forms of try lateral diplomacy are new endeavor in northeast asia, and these efforts will make valuable contributions to enhancing the bilateral and multilateral relations within the region. the northeast asia peace and cooperation initiative, which i proposed in my 2013 address to a joint session of congress, aims to accumulate the trust in northeast asia, the only region in the wrormed that lacks mechanisms for multilateral cooper
that's only to bilateral but also through many multilateral and multilateral cooperations.n two weeks, we will host the korea-japan-china try lateral summit in seoul. the upcoming try lateral summit will be an important occasion to pursue peace and stability in northeast asia, as well as improve korea-japan relations. i hope this try lateral summit will provide an opportunity for korea and japan to clear away obstacles and have closer bilateral ties and discussions on the way forward towards...
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Oct 5, 2015
10/15
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we need to work with multilateral partners. obama just convened the arctic council in alaska last month and canada was almost practically absent from that. we need to start once again investing in science and research, not to find ships, but to actually detect what's going on with the fragile arctic ecosystems and make sure we're serving the needs of our country. >> translator: thank you, mr. trudeau. kindly get involved in the discussion, mr. mulcair. >> arctic strategy has to begin with the people of the north. >> translator: i am very proud to be able to say that tomorrow i am going back to caluit, to baffin island. it's a great opportunity for us to see everything in what mr. harper has failed. we have seen the results. >> -- comments about people going into garbage cans to find food in the north. his minister sat there in the house of commons reading the newspaper. we have to show more concern for people in the north. we should also understand that canada ice arctic is the front line against climate change. as the personal
we need to work with multilateral partners. obama just convened the arctic council in alaska last month and canada was almost practically absent from that. we need to start once again investing in science and research, not to find ships, but to actually detect what's going on with the fragile arctic ecosystems and make sure we're serving the needs of our country. >> translator: thank you, mr. trudeau. kindly get involved in the discussion, mr. mulcair. >> arctic strategy has to...
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Oct 17, 2015
10/15
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CSPAN2
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americans don't like the word multilateralism. it has too many syllables and it ends in is am. [laughter] is this partnership and understand what the world is like that you need to have partners. if you look at issues like climate change or nuclear proliferation or the spread of disease, no matter how powerful the united states is we cannot do it alone. just by virtue of what the subjects are. >> finally on your front of your successor, secretary of state hillary clinton, if she became president how would her foreign policy likely differ from the past eight years? also, how should we feel about being a situation? >> i know her very well and admire her and i think should be the best prepared person to be president of anybody that we've had in a very, very long time. [applause] i think she's able to link that domestic and foreign policy given her own experiences, and one of the major things she did as secretary of state was to store america's reputation. you can't militarize democracy and you can't invade countries for no reason. and so i think that she really would be amazing. [
americans don't like the word multilateralism. it has too many syllables and it ends in is am. [laughter] is this partnership and understand what the world is like that you need to have partners. if you look at issues like climate change or nuclear proliferation or the spread of disease, no matter how powerful the united states is we cannot do it alone. just by virtue of what the subjects are. >> finally on your front of your successor, secretary of state hillary clinton, if she became...
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Oct 12, 2015
10/15
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answered issues about how ttip will relate to other multilateral trade arrangements.there are tons of reasons for ttip to fail. but my view is that ttip cannot fail. it would be a strategic disaster for the u.s. and europe if they fail to reach this agreement. and because this is recognized by leadership on both sides of the atlantic we will reach a conclusion on the agreement. we do face a very serious uphill battle in europe about certain views on the arrangement. but as i talk about in this i think those are, in fact, part of the strategic battles that are being waged in europe right now. when ttip was launched it was seen primarily in terms of jobs and growth in fact some of us have been advocating for kind of but it would be called not ttip at the jobs and growth pact. but at that time the european economy was really struggling, and although the us economy was getting better we were heading into, we were looking at recent elections and the obama administration certainly wanted more, more growth over here. but from the very beginning it was clear that ttip was goi
answered issues about how ttip will relate to other multilateral trade arrangements.there are tons of reasons for ttip to fail. but my view is that ttip cannot fail. it would be a strategic disaster for the u.s. and europe if they fail to reach this agreement. and because this is recognized by leadership on both sides of the atlantic we will reach a conclusion on the agreement. we do face a very serious uphill battle in europe about certain views on the arrangement. but as i talk about in this...
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Oct 12, 2015
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what does this mean for multilateralism, for the wto? there's been a lot of debate about that.re going to bring some of that to the fore here today. some people want to understand more clearly what this regulatory coherence business is all about. this is said to be the source of the largest gains from a successful ttip, but doesn't look like a whole lot of progress has been made or there's been a whole lot of accord on how to proceed. so we're going to do a deep dive on the regulatory coherence issues at the end of the day. people ask what are these economic models all about, and are they important? we're going to have an event, a session on that toward the end of the day as well. but you have the program, the information is available out in the lobby. also participants in this conference were asked to write essays, and we've been publishing approximately 1500-word essays about any ttip-related topic, and we've been parishing them on -- publishing them on our web site, and we will continue to do that through next week. next week is the tenth round of ttip negotiations in miami.
what does this mean for multilateralism, for the wto? there's been a lot of debate about that.re going to bring some of that to the fore here today. some people want to understand more clearly what this regulatory coherence business is all about. this is said to be the source of the largest gains from a successful ttip, but doesn't look like a whole lot of progress has been made or there's been a whole lot of accord on how to proceed. so we're going to do a deep dive on the regulatory coherence...
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Oct 31, 2015
10/15
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international development, multilateral institutions and international economic energy and environmental policy. maybe the longest-named subcommittee in the history of the senate. i'd like to welcome senator udall and our guests today. we're examining the objectives and intentions of the administration's international climate negotiations in paris as well as the potential ramifications for the united states. the conference will take place from november 30 to december 11 in paris this year. i'm so pleased to welcome our witness from the state department mr. todd stern, the united states special envoy for climate change and will be the lead negotiator for the paris climate change conference. he has a unique perspective as to what it is that this administration is negotiating for in any climate change deal thank you for being with us today. i do have serious concerns about the impact any deal reached in paris will have on the american economy on our international priorities and environmental goals. i'm hearing from my constituents about their concerns. their concerns that the president is c
international development, multilateral institutions and international economic energy and environmental policy. maybe the longest-named subcommittee in the history of the senate. i'd like to welcome senator udall and our guests today. we're examining the objectives and intentions of the administration's international climate negotiations in paris as well as the potential ramifications for the united states. the conference will take place from november 30 to december 11 in paris this year. i'm...
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Oct 30, 2015
10/15
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way that they would not make eye contact with each other is going to be a very difficult set of multilateral negotiations. this is the good news. they are there. think of the balkans in the 1990's. in some ways a similar situation. complete disruption in the country and yet eventually we had the dayton accords. they can work but it will take caught -- time. anchor: thank you for your time. residentbritish imprisoned in guantanamo bay has u.k.released back to the this afternoon. he was born in saudi arabia and detained for nearly 14 years. american officials accuse him of fighting with al qaeda in afghanistan. he claimed he was there doing charity work. our special correspondent reports. freedom, flying to detainee 239 now a long way from guantanamo where he spent his last 13 years. landing in london. he was never charged, never tried. his family say his return is amerco. -- a miracle. sooner or later [indiscernible] nobody is sure. i don't know. obliged: he said i feel to every individual who thought for just is not just for me but to bring an end to guantanamo. without their devotion to jus
way that they would not make eye contact with each other is going to be a very difficult set of multilateral negotiations. this is the good news. they are there. think of the balkans in the 1990's. in some ways a similar situation. complete disruption in the country and yet eventually we had the dayton accords. they can work but it will take caught -- time. anchor: thank you for your time. residentbritish imprisoned in guantanamo bay has u.k.released back to the this afternoon. he was born in...
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Oct 2, 2015
10/15
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americans do not like the word "multilateralism." it has too many syllables. is basically partnership, and understanding what the world is like, and the you need to have partners. if you look at issues like on a change,- like climate nuclear proliferation, or disease, no matter how powerful the united states is, we cannot do it alone. finally, on hillary clinton, if she became president, how would her foreign policy likely differ from the past eight years? also, how should we feel about the e-mail situation? secretary albright: i know her very well, and admire her. i think she would be the best prepared person to be president than anyone we have had in a very long time. [applause] make thate is able to domestic and foreign policy, given her experiences. one of the major thing she did as secretary of state was restore america's reputation. you cannot militarize democracy. you cannot invade countries for no reason. i think that she really would be amazing. [applause] i think she has said that she made a mistake on the e-mails. she has apologized for it. i think
americans do not like the word "multilateralism." it has too many syllables. is basically partnership, and understanding what the world is like, and the you need to have partners. if you look at issues like on a change,- like climate nuclear proliferation, or disease, no matter how powerful the united states is, we cannot do it alone. finally, on hillary clinton, if she became president, how would her foreign policy likely differ from the past eight years? also, how should we feel...
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Oct 1, 2015
10/15
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ALJAZAM
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those that privately have unease about the situation, were praising that as an example of what multilateral diplomacy can achieve for the world. >>> james, good to hear from you. thank you very much indeed. our colleague is in jerusalem. just scrambling here to find a couple of things that benjamin netanyahu actually had to say. he said the deal with iran doesn't make peace more likely but war more likely. an rapaciou tiger, referring to iran. i'm wondering whether the speech, certainly the iranian section of the speech was directed for home consumption, to those people that felt that he had not protected israel's interests enough when it comes to the deal the international deal with iran. >> i think you're spot on with that. we only have to consider the time of day here in israel. it's just gone past 8:00 p.m. in the evening so that speech was delivered during the prime time news hour here in israel. an awful lot of israelis watched this speech as it was going out live. and mr. netanyahu clearly aware of this. the big portion of his speech in which he was extremely hawkish about that deal
those that privately have unease about the situation, were praising that as an example of what multilateral diplomacy can achieve for the world. >>> james, good to hear from you. thank you very much indeed. our colleague is in jerusalem. just scrambling here to find a couple of things that benjamin netanyahu actually had to say. he said the deal with iran doesn't make peace more likely but war more likely. an rapaciou tiger, referring to iran. i'm wondering whether the speech,...
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Oct 3, 2015
10/15
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the peace after multilateral talks in paris, all sides expressing renewed commitment to minsk peace accords. morning for victims of shooting spree at united states college, investigators uncover arsenal of weapons, all purchased legally. >> i am brent goff. russia's military gave a progress report on its airstrike campaign in syria, claiming it took out major sites where isis is making bombs, but leaders from across the world say they doubt moscow is telling the whole truth. we start tonight on the ground in syria. bull's-eye of a russian missile. come out, he says, the building is going to collapse. >> this video taken and the suburbs east of damascus reportedly shows residential buildings destroyed by russian bombs, but russia says it is conducting surgical strikes, and like a nato, only targeting islamic state and other terror groups. russia has 25 attack air jets, 25 strikes, this is the exact moment and airstrike hit storage depots. bomb craters are clearly visible on the field camp outside of the inhabited areas. the west fears russia is also targeting moderate syrian rebels, and has
the peace after multilateral talks in paris, all sides expressing renewed commitment to minsk peace accords. morning for victims of shooting spree at united states college, investigators uncover arsenal of weapons, all purchased legally. >> i am brent goff. russia's military gave a progress report on its airstrike campaign in syria, claiming it took out major sites where isis is making bombs, but leaders from across the world say they doubt moscow is telling the whole truth. we start...
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Oct 13, 2015
10/15
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like a multilateral institution that will hear these investment disputes. but clearly, that is a poisoned brand. the second is in the pellet function for investment cases that will allow governments to go before a panel of sitting judges. i think both fit in very much with the european idea that the answer to a problem is often to set up a new institution. i don't think that goes down so well. particularly in places like this. and in washington, more broadly. there is a myriad of other questions out there that are building. they questions on whether financial services will be included. these should of been answered some time ago, i would have thought. yes, iid, i did say think this is going to happen. that brings me to my fourth and final point. both sides wanted to happen. at the political level, certainly. what has to change for it to happen? i think that is something that the negotiators on both sides have been thinking about a lot and were discussing during that recent meeting. i don't think they have got all of the answers. but clearly something has to
like a multilateral institution that will hear these investment disputes. but clearly, that is a poisoned brand. the second is in the pellet function for investment cases that will allow governments to go before a panel of sitting judges. i think both fit in very much with the european idea that the answer to a problem is often to set up a new institution. i don't think that goes down so well. particularly in places like this. and in washington, more broadly. there is a myriad of other...
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Oct 23, 2015
10/15
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KCSM
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we are now dealing with multilateral frameworks. south korea has missed an opportunity to write new international rules. >> reporter: south korea has already painstakingly carved out -- with the united states. the eu and other countries to cut tariffs and promote trade. it has taken be a wait and see stance with tpp. but the conclusion of the new trade accord has alarmed some korean auto parts manufacturers. this company makes parts for car engines. it exports 70% of its products. it plans to enter the american market next year because the bilateral trade deal lifts the tariffs on the company's products that were supposed to be more price competitive. once tpp is implemented, however, rival japanese companies will enjoy tariff free status too. the deal also means that tpp members states are expected to source more auto parts from within the trade bloc. the company fretz that its products might not be able to compete. >> translator: i think the tpp pact will boost the export power of our competitors in japan. it will put south korea
we are now dealing with multilateral frameworks. south korea has missed an opportunity to write new international rules. >> reporter: south korea has already painstakingly carved out -- with the united states. the eu and other countries to cut tariffs and promote trade. it has taken be a wait and see stance with tpp. but the conclusion of the new trade accord has alarmed some korean auto parts manufacturers. this company makes parts for car engines. it exports 70% of its products. it...
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Oct 16, 2015
10/15
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CSPAN2
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practical reality is as many you know, because we're talking about in many instances multilateral, sorryinational corporations, much of the trade that goes on between the u.s. and europe is intracompany trade him something like 40% of the trade that goes on across the atlantic is intracompany trade which means companies are paying duties twice for good flowing back and forth. i'm sorry but that just creates unnecessary costs in the economy. i do think when it comes to regulatory cooperation people talk about coherence, talking about cooperation and careers. our members to see significant opportunities. you have to stop and ask yourself why. if the european and american air safety agencies can dean airworthy and airbus in europe and allow that to be flown here in the u.s. and have a boeing aircraft deemed airworthy by the faa and, therefore, flow without being retested in europe, why is it if we can do that we have to have, what does it come out if it is mattel, forgive me if i'm wrong about that, why did it to make two different versions of a baby rattle? because the standard in europe a
practical reality is as many you know, because we're talking about in many instances multilateral, sorryinational corporations, much of the trade that goes on between the u.s. and europe is intracompany trade him something like 40% of the trade that goes on across the atlantic is intracompany trade which means companies are paying duties twice for good flowing back and forth. i'm sorry but that just creates unnecessary costs in the economy. i do think when it comes to regulatory cooperation...
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Oct 3, 2015
10/15
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CSPAN3
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and he's being a provocative agent in the arctic, which requires canada to stand firm with our multilateral partners to push back with strong sanctions and as a strong partner of nato to that. mr. harper has made a big deal of talking loudly and strongly to mr. putin. but the reality is canada has such a diminished voice on the world stage that mr. harper hasn't noticed that vladimir putin didn't listen to him when he told him to get out of ukraine. unfortunately that is a reflection that we don't have the impact that we used to have to push back against bullies like vladimir putin. >> it's fascinating to hear these other parties talk about their fears and their concerns about mr. putin. for years they accused this government of being alarmist, as we pointed out to the world the deterioration of democracy and human rights in russia under his rule, and his increasingly destabilizing behavior internationally. i have met with mr. putin many times. i made it very clear to him that this country will never tolerate under any circumstances his occupation of the baltic territory. it was annexed by
and he's being a provocative agent in the arctic, which requires canada to stand firm with our multilateral partners to push back with strong sanctions and as a strong partner of nato to that. mr. harper has made a big deal of talking loudly and strongly to mr. putin. but the reality is canada has such a diminished voice on the world stage that mr. harper hasn't noticed that vladimir putin didn't listen to him when he told him to get out of ukraine. unfortunately that is a reflection that we...
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Oct 26, 2015
10/15
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and also about trying to get multilateral talks with all the key players involved to push this process we can see this demonstrated by recent phone conversations between lavrov and kerry who had a brief phone conversation. sunday they spoke briefly by phone on saturday also. they came hard on the heels of their meeting face to face since russia started bombing in syria. that was in vienna. they met for several hours there. we're seeing a greater emphasis on the diplomatic push for a solution. there's been a lot of pictures of russian aircraft striking targets. over the weekend, those images have tailed away the specific updates on bombings, targets, et cetera by the russian air force from the ministry of defense, we haven't seen those coming out like they have been recently. there's a real push toward this sort of more political direction of how russia wants to take this at the moment. however, that said, despite these phone conversations between sur guy lavrov and the secretary of state, this seems to be a gulf of opinion between the united states and russia at the moment on how to ta
and also about trying to get multilateral talks with all the key players involved to push this process we can see this demonstrated by recent phone conversations between lavrov and kerry who had a brief phone conversation. sunday they spoke briefly by phone on saturday also. they came hard on the heels of their meeting face to face since russia started bombing in syria. that was in vienna. they met for several hours there. we're seeing a greater emphasis on the diplomatic push for a solution....
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Oct 17, 2015
10/15
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and to this end, we will try to fully utilize the various regional and multilateral gatherings that are to take place. second, with a sense of urgency and firm commitment, we have agreed to strengthen diplomatic efforts to resolve the north korean nuclear problem. on the basis of korea-u.s.japan cooperation, we will strengthen coordination among the other five parties, while korea and the united states will deepen consultations with other countries, including china. third, should north korea demonstrate a genuine willingness towards denuclearization, we reaffirm that korea and the u.s., along with the rest of the international community, stand ready to extend cooperative measures to the north. in our discussions, we looked beyond today, the current -- we looked beyond the current pressing issues of the korean peninsula, and engaged in deeper discussions about the future of the korean peninsula. with regard to the changing situation in the korean peninsula, and in the process of peaceful reunification, we will continue to pursue mutually coordinated policies on north korea. at the same t
and to this end, we will try to fully utilize the various regional and multilateral gatherings that are to take place. second, with a sense of urgency and firm commitment, we have agreed to strengthen diplomatic efforts to resolve the north korean nuclear problem. on the basis of korea-u.s.japan cooperation, we will strengthen coordination among the other five parties, while korea and the united states will deepen consultations with other countries, including china. third, should north korea...
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Oct 8, 2015
10/15
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this is the biggest multilateral trade agreement the united states has signed since 1994. given how the public's opinion of free trade has gone downhill, this achievement is a remarkable statement about political will in the face of populous pressure to put up barriers. charlie: who deserves credit? greg: barack obama. he ran centerleft of his own party. i think it also speaks to the will in other countries. this is a reassertion of u.s. leadership. other countries are willing to accept such intrusions into their sovereignty to be part of the same agreement. charlie: how will china view this? jiayang: china has become more moderate in its position. i think it has come around. it is open to joining. charlie: how are the markets responding? greg: it has not impacted the markets very much. as patrick was saying, it is not a huge deal. an optimistic assessment is that this will add 0.4% to u.s. gdp growth. the symbolism is far more important. for people who were worried that globalization was on its deathbed, when they see people like donald trump and bernie sanders surging as
this is the biggest multilateral trade agreement the united states has signed since 1994. given how the public's opinion of free trade has gone downhill, this achievement is a remarkable statement about political will in the face of populous pressure to put up barriers. charlie: who deserves credit? greg: barack obama. he ran centerleft of his own party. i think it also speaks to the will in other countries. this is a reassertion of u.s. leadership. other countries are willing to accept such...
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Oct 17, 2015
10/15
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and to this end, we will try to fully utilize the various regional and multilateral gatherings that are to take place. second, with a sense of urgency and firm commitment, we have agreed to strengthen diplomatic efforts to resolve the north korean nuclear problem. on the basis of korea-u.s.japan cooperation, we will strengthen coordination among the other five parties, while korea and the united states will deepen consultations with other countries, including china. third, should north korea demonstrate a genuine willingness towards denuclearization, we reaffirm that korea and the u.s., along with the rest of the international community, stand ready to extend cooperative measures to the north. in our discussions, we looked beyond today, the current -- we looked beyond the current pressing issues of the korean peninsula, and engaged in deeper discussions about the future of the korean peninsula. with regard to the changing situation in the korean peninsula, and in the process of peaceful reunification, we will continue to pursue mutually coordinated policies on north korea. at the same t
and to this end, we will try to fully utilize the various regional and multilateral gatherings that are to take place. second, with a sense of urgency and firm commitment, we have agreed to strengthen diplomatic efforts to resolve the north korean nuclear problem. on the basis of korea-u.s.japan cooperation, we will strengthen coordination among the other five parties, while korea and the united states will deepen consultations with other countries, including china. third, should north korea...
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Oct 16, 2015
10/15
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this is a fourth time meeting and see each other a lot at multilateral talks. have you grown closer? >> now let me answer the first question first, the answer is yes for me. so let me continue with my answers to your question. now the korea peninsula trust building process basically we have this principle. we will be dealing with provocations but leaving the door open for dialogue and will make efforts to build trust. this is a basic principle. and all our policies. in august there was a north korean prove caution and we stuck to this principle and applied it to the situation. and we were very firmly responding to the situation and as a result we were able to reach the 25th agreement between the two koreas. so we had a vicious psychal and e reworded it and it went on and on. e we want to stop this. and we are clear that our policy will not change just because north korea continues to threaten us. now the korean government will try to i want plemt the agreement and see concrete measures for reck suluation and cooperation in an effort to maintain this momentum fo
this is a fourth time meeting and see each other a lot at multilateral talks. have you grown closer? >> now let me answer the first question first, the answer is yes for me. so let me continue with my answers to your question. now the korea peninsula trust building process basically we have this principle. we will be dealing with provocations but leaving the door open for dialogue and will make efforts to build trust. this is a basic principle. and all our policies. in august there was a...
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Oct 18, 2015
10/15
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are we talking about multilateralism things that should not be multilateralist at all? i leave that question with you. and then i will have an announcement by the organizers which is that the luncheon will be held on the second floor in m eagerge and -- george conference room. restrooms on the second floor on the way to lunch. thank you very much. i would like to thank the organizers. [applause] >> more now on the trade agreement with a look at public opinion and the current political environment in the u.s. and european union. this discussion was also from the stokes of the pew research nter in which he unveils recent analysis that they had done on public opinion in both europe and the united states regarding trade. the fop up question for all those who answered the question in the negative not being happy with t tip, what's the reason or that? 50% of americans responded were concerned that t tip would lead to job losseses and lower wages. omen 17% of the germans were concerned about that. wever, only 12% were oncerned that t 50% of ame in environmental health safety s
are we talking about multilateralism things that should not be multilateralist at all? i leave that question with you. and then i will have an announcement by the organizers which is that the luncheon will be held on the second floor in m eagerge and -- george conference room. restrooms on the second floor on the way to lunch. thank you very much. i would like to thank the organizers. [applause] >> more now on the trade agreement with a look at public opinion and the current political...
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Oct 5, 2015
10/15
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the whole intention is to and to make the world more free in a multilateral cents.rt of the hong kong economy, but you're also a center. people look at hong kong as one of the mere on agile centers around the world, but one of the things that people know about is you are closely tied to the u.s. economy, right, with the currency, with the investment you have in hong kong, so here in the u.s., we may not see the fed raise interest rates as early as we thought. i mean, are you worried about a fed rate hike? john: we are concerned about a rate hike. we would like to have a certain going up orrtainty, not going up, and let's be clear about that. then the businessman can make a decision as to how they want to manage the business situation, so we look forward to a decision at some stage. y: but would you like more clarity out of the federal reserve? john: definitely. more clarity would be better for the businessmen to make commercial decisions. that he: everyone wants more clarity. the fed says more clarity, but it never seems to be enough. do you expect opera it to have
the whole intention is to and to make the world more free in a multilateral cents.rt of the hong kong economy, but you're also a center. people look at hong kong as one of the mere on agile centers around the world, but one of the things that people know about is you are closely tied to the u.s. economy, right, with the currency, with the investment you have in hong kong, so here in the u.s., we may not see the fed raise interest rates as early as we thought. i mean, are you worried about a fed...
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Oct 6, 2015
10/15
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we had eight successful rounds of multilateral tariff reduction . the last successful round was in the -- was the uruguay round which ended in 1994. that produced the dell eto. and -- the94, they united states have entered into a free-trade agreement with israel and canada. there was nafta and the jenny three. -- in 1993. we didn't have free-trade agreements and the 60's and 70's. my view is that we need to be engaged in the world. we represent 5% of the world's operation. -- operation. -- population. also, to work with on supply chains and to import from. if you think we can produce things in america behind a tariff wall and export them, where will foreigners get the products to purchase from the united states if they can't sell products to americans? host: what about the transparency of this deal? was a lot of it done away from the public eye as far as details and nuts and bolts? guest: not more than usual. all trade negotiations happened behind closed doors because if you air each negotiating position, the public reaction to each will handicap ho
we had eight successful rounds of multilateral tariff reduction . the last successful round was in the -- was the uruguay round which ended in 1994. that produced the dell eto. and -- the94, they united states have entered into a free-trade agreement with israel and canada. there was nafta and the jenny three. -- in 1993. we didn't have free-trade agreements and the 60's and 70's. my view is that we need to be engaged in the world. we represent 5% of the world's operation. -- operation. --...
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Oct 13, 2015
10/15
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the external one is multilate l multilateral. europe has been jumping on and greece is driving us to nowhere. >> you think we're heading toward a split? >> no, i think this is for no good. we do not have clear ideas and in practice the fiasco in european external policy jumped into the arabic spring, ukraine, trade agreements, et cetera, et cetera is for no good. >> why would we be able to solve anything at this stage compared to a couple of years ago? now some say we're heading toward another recession. i mean he is arguing that we could be heading toward another downturn. >> yes, of course. i very much think that we are at the end of the cycle. i do think that they have taken adequate positions in terms of jumps to delicate situations. one was in 2008 and the other one in 2012 but the positions that have been taken very much in line with past practices and mainly financial decisions have driven us to a situation where we need to solve the problems we have imbedded which means that for protected population in europe and perhaps
the external one is multilate l multilateral. europe has been jumping on and greece is driving us to nowhere. >> you think we're heading toward a split? >> no, i think this is for no good. we do not have clear ideas and in practice the fiasco in european external policy jumped into the arabic spring, ukraine, trade agreements, et cetera, et cetera is for no good. >> why would we be able to solve anything at this stage compared to a couple of years ago? now some say we're...
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Oct 23, 2015
10/15
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fact, it really does espouse her vision of american leadership in the globe which is muscular, multilateral engagement in the role on part of our allies and coalitions and not sh irking away from responsibility to intervene when we can. >> let's talk about the domestic politics at play here today. going into this hearing, obviously you heard the accusations that this was nothing but a partisan republican witch hunt. talk to me about how that shaped the way this played out today and how you viewed it. >> i think that narrative was somewhat born into reality today. we saw obviously acrimonious questioning and interrogation from some of the republican skong members. and i saw it more of a sober tone from the democratic congress members, namely congressman adam shif, congressman adam smith as well that reminded the committee, and secretary clinton spoke of this as well, that past bipartisan investigations into awful terrorist attacks that occurred on some of our embassies and consulates around the world during the clinton administration in the late '90s, the terrible al qaeda attacks in the u.s
fact, it really does espouse her vision of american leadership in the globe which is muscular, multilateral engagement in the role on part of our allies and coalitions and not sh irking away from responsibility to intervene when we can. >> let's talk about the domestic politics at play here today. going into this hearing, obviously you heard the accusations that this was nothing but a partisan republican witch hunt. talk to me about how that shaped the way this played out today and how...
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Oct 29, 2015
10/15
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this all the national fund multilaterally supported has enabled iraq and iraqi authorities to respondquickly to urgent needs requiring iraqi's to reestablish critical and essential services such as water or electricity and medical services. the ravaged communities isolates in its wake bear witness to isil's true nature one we are actively working with coalition partners to expose ensuring that an arab face and muslim voices are messaging strategy. one example the state department said the first to gigi counterterrorism communications have managed a multimedia campaign of testimonies from isil defectors generating some 900 news articles and reaching an estimated population and an audience of 90 million. to that end we as a people must never ever accept organizations like isil can become the new normal. let's never use our moral outrage and what we have seen this organization do and is doing every day. taking the fight to isil requires he be patient in our efforts and requires close quarters with this committee and her colleagues in congress so he can constantly evaluate our tactics and
this all the national fund multilaterally supported has enabled iraq and iraqi authorities to respondquickly to urgent needs requiring iraqi's to reestablish critical and essential services such as water or electricity and medical services. the ravaged communities isolates in its wake bear witness to isil's true nature one we are actively working with coalition partners to expose ensuring that an arab face and muslim voices are messaging strategy. one example the state department said the first...
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Oct 21, 2015
10/15
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and with additional pledges that were made by france, germany, uk and some of the multilateral development banks indicated that we are probably on the way to well into the 80s. already with the u.s. amount being what i told, i don't think this is a huge problem. >> senator udall? >> i yield my time to senator boxer. >> and mr. chairman, here we are again. we have two different venues where we can argue about climate. [ laughter ] and always very pleasant. we're friends. but here we go. i continue to be perplexed by those who wish to obstruct action to reduce carbon pollution. some are deniers, and we've been through this before, they say they're not scientists and i would agree with them. they ought to be listening to the 97%, 98% of scientists who tell us human action and activities is causing too much carbon pollution. and some just don't seem to grasp the incredible advantags s that we have in moving toward clean energy and i'm not going to go into it because we're not the environment and public works committee and it's not about public health but it's so clear that when we do this we a
and with additional pledges that were made by france, germany, uk and some of the multilateral development banks indicated that we are probably on the way to well into the 80s. already with the u.s. amount being what i told, i don't think this is a huge problem. >> senator udall? >> i yield my time to senator boxer. >> and mr. chairman, here we are again. we have two different venues where we can argue about climate. [ laughter ] and always very pleasant. we're friends. but...
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Oct 28, 2015
10/15
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the chinese coercive bullying tactics of take over islands because they can, rather than having multilateral talks to determine conflicting claims and working in a cooperative fashion. i'm glad we took the action and may need to do more but i don't think it's going to result in world war iii in the pacific. liz: mexico can't build a fake island off malibu, right? i got a smile out of the admiral. thank you, admiral dennis blair, former director of national intelligence. the closing bell is 40 minutes away. the dow holding on the gains of 93 points. not bad after dipping into negative territory. little fed freakout but the dow is over it right now. we have a jeopardy question for you, which activist investor who lost a recent battle may be winning the war over what stock? charlie gasparino is the contestant with the answer, he's about to break the story and reveal the stock involved, that's next. >>> and power outages, and it was a long one in kansas steez at royals raced to a 1-0 series lead. what really happened? we have the official excuse out on "countdown" next, don't go away. technology
the chinese coercive bullying tactics of take over islands because they can, rather than having multilateral talks to determine conflicting claims and working in a cooperative fashion. i'm glad we took the action and may need to do more but i don't think it's going to result in world war iii in the pacific. liz: mexico can't build a fake island off malibu, right? i got a smile out of the admiral. thank you, admiral dennis blair, former director of national intelligence. the closing bell is 40...
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Oct 31, 2015
10/15
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$2.5 billion, and the overall $100 billion comes from a lot of different sources, the world bank, multilateral bank, development finance institutions around the world, public, private, and so forth. a recent report was issued by the oecd which indicated that we are so far at about $62 billion based on 2014 numbers. and with additional pledges that where made my france, germany, u.k., and some of the multilateral development banks indicated that we are real into the 80s with probably the u.s. amount i already told you. i don't think this is a huge problem. >> senator udall? >> i yield my time to senator boxer. >> and mr. chairman, here we are again. we have two different venues where we can argue about climate. [ laughter ] and always very pleasant. we're friends. but here we go. i continue to be perplexed by those who wish to obstruct action to reduce carbon pollution. some are deniers, and we've been through there before. they say they're not scientists and i would agree with them. they ought to be listening to the 97%, 98% of scientists who tell us human action and activities is causing too
$2.5 billion, and the overall $100 billion comes from a lot of different sources, the world bank, multilateral bank, development finance institutions around the world, public, private, and so forth. a recent report was issued by the oecd which indicated that we are so far at about $62 billion based on 2014 numbers. and with additional pledges that where made my france, germany, u.k., and some of the multilateral development banks indicated that we are real into the 80s with probably the u.s....
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Oct 26, 2015
10/15
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on the table as well as the broader complexities, the geopolitics, what does it mean for the multilateralism, for the wto. there's been a lot of debate about that. we'll bring it to the fore here today. some people understand more clearly what the regulatory coherence business is all about. this is said to be the larger games. it doesn't look like a whole lot of progress has been made or there has been a whole lot of accord how to proceed. so we're going to do a deep dive on the regulatory coherence issues by the end of the day. people ask what are the economic models about, are they important? we'll have a session on that towards the end of the day as well. but you have the program, the information is available out in the lobby. also, the participants in this conference were asked to write essays, and we're publishing approximately 1500-word essays about any ttip-related project. and we have been publishing them on our website. and we will continue to do that through next week. next week is the tenth round of ttip negotiations in miami. so we're going to sort of carry this over to that poin
on the table as well as the broader complexities, the geopolitics, what does it mean for the multilateralism, for the wto. there's been a lot of debate about that. we'll bring it to the fore here today. some people understand more clearly what the regulatory coherence business is all about. this is said to be the larger games. it doesn't look like a whole lot of progress has been made or there has been a whole lot of accord how to proceed. so we're going to do a deep dive on the regulatory...
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Oct 2, 2015
10/15
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and he's being a provocative agent in the arctic, which requires canada to stand firm with our multilateral partners to push back with strong sanctions and as a strong partner of nato to that. mr. harper has made a big deal of talking loudly and strongly to mr. putin. but the reality is canada has such a diminished voice on the world stage that mr. harper hasn't noticed that vladimir putin didn't listen to him when he told him to get out of ukraine. unfortunately that is a reflection that we don't have the impact that we used to have to push back against bullies like vladimir putin. >> it's fascinate to go hear these other parties talk about their fears and their concerns about mr. putin. for years they accused this government of being alarmist, as we pointed out to the world the deterioration of democracy and human rights in russia under his rule, and his increasingly destabilizing behavior internationally. i have met with mr. putin many times. i made it very clear to him that this country will never tolerate under any circumstances his occupation of the baltic territory. it was annexed by
and he's being a provocative agent in the arctic, which requires canada to stand firm with our multilateral partners to push back with strong sanctions and as a strong partner of nato to that. mr. harper has made a big deal of talking loudly and strongly to mr. putin. but the reality is canada has such a diminished voice on the world stage that mr. harper hasn't noticed that vladimir putin didn't listen to him when he told him to get out of ukraine. unfortunately that is a reflection that we...
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Oct 21, 2015
10/15
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. >>> good afternoon, i'd like to call this hearing on multilateral international development, multilateral institutions and international economic, energy, and environmental policy. maybe the longest named subcommittee in the history of the senate. [ laughter ] i'd like to welcome ranking member senator udal. we're examining the intentions of the administration's climate negotiations in paris as well as the potential ramifications for united states. the international climate change conference will take place from november 30 to december 11 in paris this year. with this event happening in a matter of little more than a month i think it's important we examine what the administration plans to accomplish in paris so i'm so pleased to welcome our witness from the state department mr. todd stern. he's the united states special envoy for climate change and will be the lead negotiator for the paris climate change conference. he has a unique perspective as to what it is that this strigs -- administration is negotiating for in any climate change deal and what any final deal may look like so thank yo
. >>> good afternoon, i'd like to call this hearing on multilateral international development, multilateral institutions and international economic, energy, and environmental policy. maybe the longest named subcommittee in the history of the senate. [ laughter ] i'd like to welcome ranking member senator udal. we're examining the intentions of the administration's climate negotiations in paris as well as the potential ramifications for united states. the international climate change...
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Oct 30, 2015
10/15
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representatives from a broadening group of nations, including iran which will join one of these multilateral gatherings for the first time. while finding a way forward with syria will not be easy, it is not going to be automatic, it, it is the most promising opportunity for a political opening where recognizing what is happening, where syria is being destroyed, that europe is being deeply impacted, that jordan is a being greatly put under enormous pressure, lebanon, turkey, and so many millions of syrians who have been displaced within syria itself. the most compelling of all is the tragedy that syrians are living every day. the best opportunity we have is to try to come to the table and recognize there has to be a political solution that everyone is talking about. as part of this diplomacy i have had many conversations with my russian counterparts, as everyone here knows russian airstrikes in syria began about four weeks ago. so there is fundamental choice here, is it russia there just to shore up or are they there to help bring about a solution. we we will know, we'll put that to the test.
representatives from a broadening group of nations, including iran which will join one of these multilateral gatherings for the first time. while finding a way forward with syria will not be easy, it is not going to be automatic, it, it is the most promising opportunity for a political opening where recognizing what is happening, where syria is being destroyed, that europe is being deeply impacted, that jordan is a being greatly put under enormous pressure, lebanon, turkey, and so many millions...
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Oct 12, 2015
10/15
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americans don't like the word multilateralism. it has too many syllables and ends in an ism.t basically is a partnership and understanding what the world is like that you need to have partners. and if you look at issues like climate change or nuclear proliferation or the spread of disease, no matter how powerful the united states is, we cannot do it alone just by virtue of what the subjects are. >> and finally, on your friend, your successor as secretary of state, candidate for president hillary clinton. if she became president, how would her foreign policy likely differ from the past eight years? also, how shall we think about the e-mail situation? >> well, i think that i know her very well and admire her. and i think that she would be the best prepared person to be president of anybody that we've had in a very, very long time. i think she is able to link that domestic and foreign policy given her own experiences, and one of the major things she did as secretary of state was to restore america's reputation. you can't militarize democracy, and you can't invade countries for n
americans don't like the word multilateralism. it has too many syllables and ends in an ism.t basically is a partnership and understanding what the world is like that you need to have partners. and if you look at issues like climate change or nuclear proliferation or the spread of disease, no matter how powerful the united states is, we cannot do it alone just by virtue of what the subjects are. >> and finally, on your friend, your successor as secretary of state, candidate for president...
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Oct 16, 2015
10/15
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there has to be a more international multilateral approach in which the united states will be an important party, but not the only party, that will oversee and help the sides to reach an agreement. and there has to be an agreement, not an agreement that there has to be a commitment by both sides, to implement their obligations. to accept the past agreements and to adhere to the terms of reference of this whole political process that was agreed many times before from u.n. resolutions to the roadmap, to all other pertinent agreements that we signed between the plo and israel. unless we come up with a different approach, i don't see any way. because of this israeli government believes that the status quo, they believe that they can continue to do some of us can continue to pressure the palestinians and expect the palestinians to just hug them and say thank you for canyon the occupation. this is something will not happen. and what is happening in jerusalem should be a wakeup call for the israelis. they supposedly -- in 1960, they call it the eternal united capital of israel, and yet they are e
there has to be a more international multilateral approach in which the united states will be an important party, but not the only party, that will oversee and help the sides to reach an agreement. and there has to be an agreement, not an agreement that there has to be a commitment by both sides, to implement their obligations. to accept the past agreements and to adhere to the terms of reference of this whole political process that was agreed many times before from u.n. resolutions to the...
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Oct 31, 2015
10/15
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should be moving to a more multilateral approach to the rest of the world, or do you think it is weak for the president to keep trying to build coalitions everywhere he goes? do you think it is a bad idea that the president has not fully drawn down troops, but he has dramatically reduced the american involvement in ground war and absolutely refuses to enter into another one -- do you think that is a good idea, or do you think the u.s. now has a weaker position as a leader and as a military force around the world? to analyze your question, i need to know -- you know, there's a lot of data to be analyzed on both sides. now it's your turn. yes? >> good morning. my question is regarding coverage of policing in the media. as we know, there are millions of interactions between police and the community every single day. it seems to me personally that there's a lot more coverage and a lot more in-depth stories about the negative interactions of the police in the community, and they seem to be getting more media attention in the positive interactions with the police and the community, especial
should be moving to a more multilateral approach to the rest of the world, or do you think it is weak for the president to keep trying to build coalitions everywhere he goes? do you think it is a bad idea that the president has not fully drawn down troops, but he has dramatically reduced the american involvement in ground war and absolutely refuses to enter into another one -- do you think that is a good idea, or do you think the u.s. now has a weaker position as a leader and as a military...
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Oct 5, 2015
10/15
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to make it more free in the multilateral sense. betty: trade as part of the hong kong economy, but you are also a finance center. people look to hong kong and see it as one of the rear finance centers around the world, but one thing people know is you are closely tied to the u.s. economy with the currency, the investment that you have in hong .ong here in the u.s. we may not see the fed raise interest rates as early as we thought. are you worried about a fed rate hike? >> we are concerned about a rate hike. i think the business and would like to have a certain degree of certainty. .oing up or not going up let's be clear about that. the businessman can look at the decision for how they want to manage the business situation. we look forward to a decision at some stage. betty: would you like more clarity out of the federal reserve? >> definitely. it more clarity would be better for the businessman to make the commercial decision. betty: everyone wants more clarity. the fact is having what they say is clarity but never seems to be enou
to make it more free in the multilateral sense. betty: trade as part of the hong kong economy, but you are also a finance center. people look to hong kong and see it as one of the rear finance centers around the world, but one thing people know is you are closely tied to the u.s. economy with the currency, the investment that you have in hong .ong here in the u.s. we may not see the fed raise interest rates as early as we thought. are you worried about a fed rate hike? >> we are concerned...