✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

TEXT-White House statement on Obama talks with China's Yang

Published 03/12/2009, 05:08 PM

WASHINGTON, March 12 (Reuters) - U.S. President Barack Obama and Chinese Foreign Minister Yang Jiechi met at the White House on Thursday.

Here is the text of a White House statement on the meeting:

"President Obama met with the Chinese Foreign Minister today in the Oval Office. Prior to the meeting, the Foreign Minister met with National Security Adviser (James) Jones and also met yesterday at the State Department with Secretary of State (Hillary) Clinton.

During today's meeting, President Obama and Foreign Minister Yang discussed the overall state of the U.S.-China bilateral relationship, emphasizing the desire of both sides to strengthen cooperation and build a positive and constructive U.S.-China relationship.

The two also discussed other important global issues, including the international financial crisis, North Korea, Afghanistan and Pakistan, and the situation in Sudan.

The president also stressed the importance of raising the level and frequency of the U.S.-China military-to-military dialogue in order to avoid future incidents. General Jones had also raised the recent incident in the South China Sea with the USNS Impeccable.

On the international financial crisis, the two agreed that China and the U.S. must work closely and urgently, as two of the world's leading economies, to stabilize the global economy by stimulating demand at home and abroad, and get credit markets flowing.

The president also emphasized the need to address global trade imbalances.

On human rights, the president noted that the promotion of human rights is an essential aspect of U.S. global foreign policy. The president expressed his hope there would be progress in the dialogue between the Chinese government and the Dalai Lama's representatives.

On North Korea, the president expressed appreciation for the important role China has played as the Chair of the Six-Party Talks. He said we will continue to work with China and other partners in the Six-Party process to verifiably eliminate North Korea's nuclear program. The president also highlighted the risks posed by North Korea's missile program.

On Darfur, President Obama expressed his deep concern about the unfolding humanitarian crisis and the government of Sudan's decision to expel major humanitarian organizations that had been providing lifesaving assistance to the people of Darfur."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.