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Weekly Compilation of Presidential Documents Monday, November 30, 1998 Volume 34ÐNumber 48 Pages 2351±2385 1 VerDate 23-NOV-98 07:59 Dec 02, 1998 Jkt 010199 PO 00000 Frm 00001 Fmt 1249 Sfmt 1249 W:\DISC\P48NO4.000 TXED02 PsN: TXED02 Contents Addresses and Remarks Interviews With the News Media See also Meetings With Foreign Leaders Exchange with reporters in Tokyo, JapanÐ Adoption Month, National, receptionÐ2381 2351 Central America, radio remarks on disaster News conference with President Kim of South reliefÐ2383 Korea in Seoul, November 21 (No. 166)Ð 2363 Guam Meetings With Foreign Leaders Community in HagatnÄ aÐ2376 Micronesian island leaders in AganÄ a Japan, Prime Minister ObuchiÐ2351 HeightsÐ2374 Marshall Islands, President KabuaÐ2374 Radio addressÐ2370 Micronesia, Federated States, President NenaÐ2374 South Korea Palau, President NakamuraÐ2374 Community at Osan Air Force BaseÐ2371 South Korea, President KimÐ2363, 2369 Dinner hosted by President Kim in SeoulÐ Proclamations 2369 Roundtable discussion with community National Family Caregivers WeekÐ2356 leaders in SeoulÐ2357 National Family WeekÐ2357 World Fisheries DayÐ2355 Thanksgiving turkey presentation ceremonyÐ Statements by the President 2380 Russian parliamentarian Galina Starovoytova, Communications to Congress murderÐ2384 Burma, letter reporting on the national Uniform Crime ReportÐ2371 emergencyÐ2378 Supplementary Materials Communications to Federal Agencies Acts approved by the PresidentÐ2385 Checklist of White House press releasesÐ Adoptions, memorandum on using the 2385 Internet to increaseÐ2383 Digest of other White House Palestine Liberation Organization, announcementsÐ2384 memorandumÐ2384 Nominations submitted to the SenateÐ2385 Editor's Note: The Weekly Compilation of Presidential Documents is also available on the Inter- net on the GPO Access service at http://www.gpo.gov/nara/nara003.html. WEEKLY COMPILATION OF regulations prescribed by the Administrative Committee of the Federal Register, approved by the President (37 FR 23607; 1 CFR Part 10). PRESIDENTIAL DOCUMENTS Distribution is made only by the Superintendent of Docu- ments, Government Printing Office, Washington, DC 20402. Published every Monday by the Office of the Federal Reg- The Weekly Compilation of Presidential Documents will be ister, National Archives and Records Administration, Washing- furnished by mail to domestic subscribers for $80.00 per year ton, DC 20408, the Weekly Compilation of Presidential Docu- ($137.00 for mailing first class) and to foreign subscribers for ments contains statements, messages, and other Presidential $93.75 per year, payable to the Superintendent of Documents, materials released by the White House during the preceding Government Printing Office, Washington, DC 20402. The week. charge for a single copy is $3.00 ($3.75 for foreign mailing). The Weekly Compilation of Presidential Documents is pub- There are no restrictions on the republication of material lished pursuant to the authority contained in the Federal Reg- appearing in the Weekly Compilation of Presidential Docu- ister Act (49 Stat. 500, as amended; 44 U.S.C. Ch. 15), under ments. 2 VerDate 23-NOV-98 07:59 Dec 02, 1998 Jkt 010199 PO 00000 Frm 00002 Fmt 1249 Sfmt 1249 W:\DISC\P48NO4.000 TXED02 PsN: TXED02 Week Ending Friday, November 27, 1998 Remarks Following Discussions With With regard to Central America, which Prime Minister Keizo Obuchi of was stricken by Hurricane Mitch, I explained Japan and an Exchange With to the President about Japan's assistance to Reporters in Tokyo, Japan those countries. And the President and I also confirmed that the two countries will make November 20, 1998 closer cooperation toward the early realiza- tion of U.N. Security Council's reform. Prime Minister Keizo Obuchi. Just now The President and I welcomed the en- I have finished the meeting with President hancement of the cooperation between Japan Clinton which lasted for about an hour and and the United States to stabilize the world a half. Japan and the United States are allies economy. We are both pleased with the joint bonded together with shared values. It is my announcement of the Asian growth and re- pleasure to receive President Clinton in covery initiative, and we reaffirmed our co- Japan less than 2 months after our first sum- operation in the area of strengthening the mit meeting in New York. And I regard it global financial system. as testimony to the close cooperation and co- The President and I also agreed to con- ordination between the two countries. tinue the constructive dialog on the eco- The President invited me to officially visit nomic management of the two countries. In the U.S. during the Golden Week holidays this context, I explained to the President that next year, and I accepted it with great pleas- recognizing the critical importance of Japan's ure. economic recovery for the economic stability In today's summit meeting, the President and prosperity in Asia, as well as in the world, and I exchanged views on a wide range of Japan is simply implementing measures nec- topics including international situation and essary for the revitalization and stabilization the world economy. Regarding North Korea, of its financial system and for its economic we had a substantive exchange of views on recovery. matters including KEDO, the suspected un- In particular, I finalized on November derground construction of nuclear facilities, 16th the emergency economic package which and missile issues. We confirmed that the aims to recover the economy. And we have two countries will maintain our close con- also mentioned that the effort on the U.S. sultation with each other on various levels side is also to be welcomed, and we consid- and will take a coordinated posture among ered that the decisionÐwe hope that these Japan, South Korea, and the United States cooperative efforts by Japan and the United toward North Korea. States will bear fruit and that the world econ- The President and I also consulted on omy will head for stability and recovery. major international issues including Russia In today's summit meeting, the President and China. We reaffirmed our two countries' and I confirmed the development in Japan- contribution to the global peace and security U.S. cooperation on various issues with glob- which goes beyond our bilateral relations. al implications, and I would like you to refer And I told the PresidentÐwould extend as- to the distributed paper for the details. sistance to the Palestinians up to some $200 It was a significant achievement of Presi- million in the next 2 years in order to acceler- dent Clinton visit to Japan this time that the ate the momentum for the Middle East President and I could reconfirm the impor- peace process created by the Wye River tance of Japan-U.S. relations and promote agreement in which President Clinton took the cooperation and policy coordination be- an instrumental role. tween the two countries. As Japan and the 2351 VerDate 23-NOV-98 08:02 Dec 02, 1998 Jkt 010199 PO 00000 Frm 00001 Fmt 1244 Sfmt 1244 W:\DISC\P48NO4.023 TXED02 PsN: TXED02 2352 Nov. 20 / Administration of William J. Clinton, 1998 U.S. face numerous issues which call for their Japan has made important contributions to joint effort, I would like to maintain close regional stabilization, efforts like the consultation and cooperation with the Presi- Miyazawa plan; the new Asia growth and re- dent. covery initiative the Prime Minister an- President Clinton. Thank you very much. nounced at APEC, to help banks and busi- Let me begin by thanking Prime Minister nesses in hard-hit countries emerge from Obuchi for welcoming me to Japan, for the debt; the precautionary finance facility to warm hospitality, and for the good talks we help the financial contagion not spread to have had yesterday and today. countries with good policies; and of course, The relationship between the United Japan has committed recently substantial re- States and Japan is the cornerstone of stabil- sources to repair its banking system and an- ity and prosperity in the Asia-Pacific region. nounced new plans to stimulate the economy That is both a point of pride and a pledge here. that we will act together to promote stability I believe it is clearly not only in the interest and prosperity, especially now when so many of the world and the region but in the interest nations in the region are facing economic dif- of the Japanese people for Japan to continue ficulties and real distress. to move forward with Prime Minister To be the cornerstone of stability and pros- Obuchi's strategy, with aggressive implemen- perity, we must continue to carry our weight. tation of the significant bank reform legisla- We're going to meet our responsibilities first tion and taking the necessary steps to spur and foremost as allies. The Prime Minister domestic demand and reignite economic and I had good discussions on important se- growth. We in the United States learned a curity issues, including our shared concerns few years ago, often in painful fashion, that about North Korea. The United States is re- there is no substitute for decisive action to viewing our Korea policy to strengthen North heal an ailing banking system so that growth Korea's compliance with its obligations, and can be restored. of course, we will be consulting closely with We also believe that it is in Japan's interest Japan and others in the region as we move to support open trade and more open, de- forward. regulated markets. An overwhelming consen- We are also going to meet our responsibil- sus emerged from this week's APEC summit: ities as democracies with a common sense Protectionism is a no-growth strategy that of- of purpose. Today we issue a joint statement fers no way out of the current economic cri- on our support for democracy and human sis. If coupled with actions which lead to an rights around the world.