Statement by the President: Agreement on Interconnection (7/18/00)
                              THE WHITE HOUSE

                       Office of the Press Secretary
                          (Camp David, Maryland)

For Immediate Release                                   July 18, 2000

                        STATEMENT BY THE PRESIDENT

This important agreement on interconnection rates will help further reduce
regulatory barriers to trade between the United States and Japan.   It will
level the playing field for America?s cutting edge technologies and
increase the number of Japanese consumers connected to the Internet.  It's
a win-win for the United States and Japan and represents an important step
as we prepare to discuss the impact of information technology on the global
economy at the G7/G8 Summit.


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