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

EU Court Fines Poland for Hosting CIA 'Black Sites'

Ruling is first time a court has acknowledged suspects were held and tortured at the sites, under US program launched following the 9/11 terrorist attacks More

Migrant Issues Close to Home Spur Groups to Take Action

Groups placing water, food in the desert, or aiding detainees after release, have one common goal: no more deaths of migrants crossing illegally into the US More

Video At AIDS Conference, Prevention Pill Stirs Excitement

Truveda shows promise, spurring debate over access and other approaches 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.
Israel Targets Gaza Supply Tunnelsi
X
July 24, 2014 4:42 AM
The Israeli military has launched a ground operation in Gaza to destroy the myriad tunnels that may have been used to smuggle weapons to Hamas. VOA's Zlatica Hoke reports that could mean more hardship for the people of Gaza, who obtain some of their essential supplies through these underground passages
Video

Video Israel Targets Gaza Supply Tunnels

The Israeli military has launched a ground operation in Gaza to destroy the myriad tunnels that may have been used to smuggle weapons to Hamas. VOA's Zlatica Hoke reports that could mean more hardship for the people of Gaza, who obtain some of their essential supplies through these underground passages
Video

Video MH17's 'Black Boxes' Could Reveal Crash Details

The government of Malaysia now has custody of the cockpit voice and flight data recorders from Malaysia Airlines Flight 17, which was hit by a missile over Ukraine before crashing last week. As VOA's Carolyn Presutti reports, the so-called black boxes may hold information about the final minutes of the flight.
Video

Video Living in the Shadows Panel Discussion

Following a screening of the new VOA documentary, "AIDS - Living in the Shadows," at the World AIDS conference in Melbourne, a panel discussed the film and how to combat the stigma associated with HIV/AIDS.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video US Awards Medal of Honor for Heroics in Bloodiest of Afghan Battles

U.S. combat troops are withdrawing from Afghanistan, on pace to leave the country by the end of this year. But on Monday, U.S. President Barack Obama took time to honor a soldier whose actions while under fire in Afghanistan earned him the Medal of Honor. VOA's Jeff Seldin has more from the Pentagon.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.

AppleAndroid