George H.W. Bush: “February 11, 1992 Welcome, especially, excellencies. And may I single out President Iglesias of the IDB, thank him for…”

“February 11, 1992 Welcome, especially, excellencies. And may I single out President Iglesias of the IDB, thank him for being here; and of course, Secretary Brady, who has been so instrumental from the U.S. side in all of this. Today marks another milestone along the path of mutual progress for the United States and its friends and neighbors. And we move another step closer to fulfilling the vision of a free, peaceful, and prospering Western Hemisphere. As we sign the charter for the new Multilateral Investment Fund, we advance the far-sighted aims of Enterprise for the Americas Initiative. Our new fund is an exciting innovation. It will provide targeted support for Latin American countries as they transform lumbering, state-run industries into efficient private enterprises. This fund assures our neighbors that together we share a stake in a better future and that we will stand by them and help them as they carry out some very difficult reforms. In a neighborhood of free and growing economies, investment helps everyone. Our effort today will lift the tide of hope and freedom, and it will free up new resources so that the men and women throughout the Americas can carry their dreams and achievements as far as their God-given talents will take them. Make no mistake: The future growth of the United States economy depends on expanding mutual investment and trade with our neighbors in the Americas.…”