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Article: United States-European Union statement on cooperation in the global economy.(Transcript)
- Article from:
- Weekly Compilation of Presidential Documents
- Article date:
- December 21, 1998
CopyrightCOPYRIGHT 1998 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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December 18, 1998
The U.S. and the EU are engines for global economic growth. We share a common vision of a market-based global economy and particular responsibilities for promoting stability, continued growth and prosperity. We must lead the way in keeping markets open. A rules-based international trade system and a strengthened international financial system are necessary to ensure transparency and predictability and to maintain public confidence in the benefits of open economies. We are concerned about the serious social and economic impact of the financial crisis on many countries, and we will work together with them in the face of their major economic ...