News / USA

Obama Holding Bilateral Talks APEC Summit

President Barack Obama meets with Russian President Dmitry Medvedev at the APEC Summit in Honolulu, Hawaii, Saturday, Nov. 12, 2011.
President Barack Obama meets with Russian President Dmitry Medvedev at the APEC Summit in Honolulu, Hawaii, Saturday, Nov. 12, 2011.

As he hosts the APEC summit in his native state of Hawaii, President Barack Obama is holding bilateral talks with leaders from Japan, China and Russia.  Particular attention focused on his discussions with China's president Hu Jintao.

The U.S. relationship with China, and differences over currency policy and security issues figure prominently throughout Mr. Obama's Asia-Pacific trip.

The president and U.S. officials stress that the U.S. seeks a balanced relationship, one that deals with differences in a way that will benefit both countries and the Asia-Pacific region as a whole.

During a session with business executives, the president was asked about his talks with President Hu and the issues expected to come up.

Referring to a "friendly and constructive competition" between the world's largest and second largest economies, he said China needs to address key issues, ranging from intellectual property protections to the need for further steps to allow China's currency to appreciate. "The bottom line is that the United States can't be expected to stand by if there is not the kind of reciprocity in our trade relations and our economic relationships that we need," he said.

China has been critical of the U.S. effort, with eight other APEC member economies, to create a new Trans-Pacific Partnership (TPP).

The U.S. and other TPP nations have announced they have achieved the broad outlines of an agreement, and set an aggressive time line to work out remaining issues.

President Hu said China is committed to the long term APEC goal of a Pacific-wide free trade area, and in these translated remarks said Beijing wants to work with others in the region. "We in China will work with you hand in hand and with all sincerity to create a better future for all of us in the Asia-Pacific region," he said.

Mr. Obama said there are "whole range of areas" where the two nations have common interests, but said Americans want China to "play by the rules."

One American businessman here for APEC, Richard Lavin of Caterpilllar said he saw  consistency in statements on trade by Mr. Obama and President Hu. "Really [both had] a strong endorsement for trade generally, and a strong endorsement for some of the initiatives underway to expand free trade in the Asia-Pacific region," he said.

In his talks with Japan's Prime Minsiter Yoshihiko Noda, Mr. Obama confirmed the importance of the U.S. - Japan alliance, and reiterated concern about Japan's rebuilding after the earthquake and tsunamis in March.

Referring to resistance within Japan to joining the TPP, Mr. Obama said he does not "underestimate the difficulties" but said TPP won't be delayed and predicted other nations will join.

Mr. Obama's talks with Russian President Dmitry Medvedev focused on steps completed by Russia to speed its entry to the World Trade Organization (WTO), which the U.S. has hailed as a major step for the so-called "reset" of U.S. - Russia relations.

The Obama - Medvedev meeting  also provided their first face-to-face opportunity to discuss the recent International Atomic Energy Agency (IAEA) report which found what it called credible evidence that Iran had been working to develop a nuclear weapon.

U.S. officials said earlier they expected the IAEA report would also be among issues President Obama would discuss with President Hu Jintao, and that there would be ongoing consultations on maintaining international pressure on Iran, including additional sanctions.

You May Like

Sydney Hostage-taker Failed to Manipulate Social Media

Gunman forced captives to use personal Facebook, YouTube accounts to issue his demands; online community helped flag messages, urged others not to share them More

UN Seeks $8.4 Billion to Help War-Hit Syrians

Effort aimed at helping Syrians displaced within their own country and those who've fled to neighboring ones More

Who Are the Pakistani Taliban?

It's an umbrella group of militant organizations whose objective is enforcement of Sharia in Pakistan 'whether through peace or war' More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Putin: Russian Economy to Rebound in 2 Yearsi
X
December 18, 2014 5:13 PM
Russian President Vladimir Putin held his annual end-of-the-year news conference Thursday, tackling questions on the Russian economy, the crisis in Ukraine and Russian relations with the west. VOA's Jeff Custer reports.
Video

Video Putin: Russian Economy to Rebound in 2 Years

Russian President Vladimir Putin held his annual end-of-the-year news conference Thursday, tackling questions on the Russian economy, the crisis in Ukraine and Russian relations with the west. VOA's Jeff Custer reports.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Detained Turkish Journalists Follow Teachings of US-Based Preacher

The Turkish government’s jailing of critical journalists has sparked international condemnation and is being seen as an effort to undermine the followers of an ailing Turkish preacher based in the United States. VOA religion reporter Jerome Socolovsky has more.
Video

Video Will Pakistan School Shooting Galvanize Pakistan Against Extremism?

The attack on a military school in Pakistan’s northwest city of Peshawar left 141 dead, including 132 children. Strong statements of condemnation poured in from across the world. The country announced three days of mourning, and the leadership, both political and military, promised retribution. VOA's Ayesha Tanzeem looks at how likely the Pakistani government is to clamp down on all extremist groups.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.
Video

Video Turkey's Authoritarianism Dismays Western Allies

The Turkish government has been defiant in the face of criticism at home and abroad for its raids targeting opposition media. The European Union on Monday expressed dismay after President Recep Tayyip Erdogan lashed out at Brussels for criticizing his government's action. Turkey's bid to be considered for EU membership has been on hold while critics accuse the NATO ally of increasingly authoritarian rule. Zlatica Hoke reports.

All About America

AppleAndroid