September 22, 1998


Our relationship with Japan is the cornerstone of our security policy in Asia and a pillar of our global strategy to promote peace, prosperity, and freedom in the world.

President Bill Clinton
September 22, 1998

Today, President Clinton meets with Japanese Prime Minister Keizo Obuchi to discuss the global economy and the steps both the United States and Japan can take to spur economic growth worldwide.

Continuing A Strong U.S.-Japanese Partnership. Our strong relationship with Japan is the cornerstone of U.S. economic and security policy in Asia and the basis of a productive partnership aimed at promoting global peace and prosperity. Together, the American and Japanese economies account for more than 30% of the world's gross domestic product, and play a central role in the international trading system. President Clinton is committed to working with Japanese leaders and exercising American leadership to extend the benefits and minimize the turmoil of global markets to all citizens.

A Presidential Commitment To The Global Economy. Under President Clinton's leadership, the American economy is the strongest it has been in a generation. Even as our economy has enjoyed over six years of strong growth, today, global economic turmoil threatens to undermine confidence in free markets and democracy worldwide. The benefits our nation has received from more open markets requires us to assume leadership in assisting other countries in working their way our of economic struggle. President Clinton has unveiled a six-part strategy to help and support struggling economies get back on their feet:

September 1998

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Initial Response To Referral

Referral of Office of Independent Counsel

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