Secretary of Agriculture Dan Glickman's Radio Address Release No. 0478.98 Remarks of Secretary of Agriculture Dan Glickman's Radio Address November 16, 1998 "Greetings from Kuala Lumpur. I am here in Malaysia's capital with the Vice President for a meeting of the Asian Pacific Economic Cooperation forum which is made up of political and economic leaders from Pacific Rim countries. We are bound together by a shared vision of a prosperous community of nations built on the foundation of free and fair trade. We are here negotiating ways to strengthen our commitment and expand opportunities for the businesses of our countries. "Of course, we also are talking about Asia's economic troubles, and what the United States can do to help some important trade partners revive their economies and once again become strong customers of U.S. products, including our farm products. "I am here with the Vice President because agricultural trade is high on the conference agenda. I have been reiterating this Administration's commitment to Asian markets and to aggressively using USDA export credit guarantees to ensure that America's farmers and ranchers can continue to sell U.S. food and fiber to Asian nations. It is important that the U.S. make clear our rock-solid commitment to being a reliable supplier of food to Asia and the world. That is especially important for our trading partners to hear now in the midst of their economic difficulty. "Nowhere is the case more clear that the U.S. has a stake in what happens halfway around the world than in the case of agriculture. A shaky world economy is one reason why our export growth has stalled in the past year. Forty percent of our agricultural exports go to Asia, and those are certainly being hurt right now because strong exports require strong customers. "U.S. farm exports are not likely to renew their rapid growth until we see Asia renew its own economic growth. So the work of this conference, of the International Monetary Fund and other efforts are very important to U.S. agriculture's own economic prospects. That's an important connection for folks back home to make: what happens in Japan, in Korea, in Russia, in Brazil is linked to what's happening to our own farm economy. "After all, the product of one in every three U.S. farm acres is sold overseas. So expanding free and fair agricultural trade must be a top priority both for the United States and for countries around the world. That is the path of opportunity for America's farmers and ranchers, and the path of peace and prosperity for the world." # NOTE: USDA news releases and media advisories are available on the Internet. Access the USDA Home Page on the World Wide Web at http://www.usda.gov