On the recordSeptember 13, 2012
If we're going to work through these commercial types of agreements and eliminate the corruptions, the abuses, the intellectual property theft, we have to make the rules-based system work. And the WTO framework which basically grew out of the general agreement on tariffs and trade in the 1940s is that mechanism, and it works. That's what allows us to make a claim against China, for instance, when they're doing abusive practices. It is an equalizer. It basically puts in place a framework that ensures that trade is conducted fairly and openly. That's what U.S. workers and U.S. farmers are looking for. It's also very important as a critical piece to maintaining global security. If we focus on international economics, commercial relationships through open navigation of the seas, open trade, we're going to see less conflict in the world. I think this is critical from a security standpoint, and it's critical from a standpoint of economic prosperity for the United States. As the United States continues to face economic challenges, our national exports have remained relatively strong. They've probably kept us out of a recession over the last several quarters.





