Obama begins his Asia-Pacafic trip

President Barack Obama

President Barack ObamaPresident Obama kicks off a nine-day trip to the Asia-Pacific region today, beginning in his home state of Hawaii, where the U.S. is hosting this year’s Asia-Pacific Economic Cooperation (APEC) summit in Honolulu.

In his meeting with leaders, Mr. Obama will focus on economic integration and increased trade between the U.S. and the region.

“When the American people see the president traveling in the Asia-Pacific, they will see him advocating for U.S. jobs and U.S. businesses,” said Ben Rhodes, deputy national security adviser for strategic communications, in a briefing about the trip.

The Asia-Pacific region already supports nearly 4 million American jobs and purchases 61 percent of total U.S. exports. But Mr. Obama aims to open these markets even further, creating more American jobs. The administration calls this fast-growing region the future of the 21st century.

In his first scheduled meeting with the Trans-Pacific Partnership (TPP), the President will discuss the broad outlines of a trade agreement with the TPP s other eight nations Chile, New Zealand, Brunei, Singapore, Australia, Malaysia, Vietnam and Peru. Japan will also join the dialogue. These TPP talks may eventually serve as the basis for an APEC-wide trade agreement.

Later, President Obama will attend a CEO Summit with business leaders from around the region and hold bilateral meetings with Japanese Prime Minister Yoshihiko Noda, Russian President Dimitry Medvedev, and Chinese President Hu Jintao.

Article Viewed on Oye! Times @ www.oyetimes.com

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