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Santiago Chamber of Commerce, 12/7/90
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26
16
6
1
(Smith/Dooley)
Dec. 4, 1990
3:30 p.m.
CHILE
PRESIDENTIAL REMARKS:
CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillespie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to be with you -- and to be the first American President to
visit Chile in thirty years. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: The friendship between the
two Nations is based on "shared philosophy, -- faith in God,
respect for the spiritual dignity of man, and the conviction that
government must be the servant of the people. " //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our commitment to bring
democracy and prosperity to all the people of this hemisphere. //
We are witnessing the brink of an era of unparalleled opportunity
-- a New Dawn in the New World. //
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped the United States become Chile's largest
trading partner. We want to further expand that trade, and we
will. But only if both economies continue to remain open -- open
to ideas, open to reform, open to free-market creativity. //
2
That requires continued support for Chile's embrace of democracy.
As your President said this fall in New York at the Council of
the Americas: "Chile is showing that an expanding, stable, and
equitable economy is compatible with an open and democratic
political system." //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet even
better times -- I believe -- lie ahead. //
Last June, I proposed a wide-ranging initiative to begin a
new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We call it the Enterprise for the Americas
an initiative to help bring prosperity to Chile and its neighbors
through free trade, official debt reduction, and foreign
investment. It is designed to build on the market-oriented
economic reforms pioneered by Chile and now sweeping Latin
America. These reforms -- privatization, removing trade and
investment barriers, eliminating failed state planning -- are the
key to restoring economic growth in the next decade. // I call
on the business sectors of Chile and the United States to make
the individual -- not the State -- our voice of tomorrow. //
Through Enterprise For the Americas, we can -- and must -- create
free and open trade throughout the hemisphere. //
3
Progress on free trade can help to actively stem the siren
song of protectionism. // Consider that Japan receives Chilean
food. And Peru buys Chilean forestry products. The European
community buys your fruit. And the United States takes about 18
percent of Chilean exports. //
Free trade will help the farmer in San Fernando -- the miner
in Atacama -- the worker in Valdivia gain what all Chileans
deserve: Employment and economic opportunity. // But free trade
is just one way to reach this New World we envision. A second is
official debt reduction. //
The Enterprise Initiative for the Americas' includes a
number of proposals to address debt reduction in Latin America.
Our Congress has authorized one of these proposals -- the
reduction of food assistance debt -- and I will do all I can to
see that our Congress approves all our bilateral debt reduction
proposals next year. I am pleased that Chile has been a pioneer
of similar creative programs to reduce commercial bank debt.
Debt for equity swaps -- exchanges that have transformed
burdensome debt from a drag on development into new opportunities
for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
Since 1985, about $2.5 billion U.S. investment dollars have
flowed into Chile. And from 1990-95, a projected $13.2 billion
4
dollars will aid Chile's development -- most of it focusing on
mining, industry, energy, and telecommunications. // From the
Andes to the coast of Alaska, our Nations must -- and have --
become partners -- not merely friends. //
But we want to spur even more investment. The Inter-
American Development Bank is moving forward on a new lending
program to help countries improve their ability to attract
investment. In addition, OPIC -- the Overseas Private Investment
Corporation -- has begun to encourage investment in Chile. // I
have asked OPIC to mobilize resources to design a financial model
for private investment throughout Latin America. And because
Chile is already a pioneer, OPIC members will visit here early
next year bringing a group of private investors to discuss
investment and joint-venture opportunities. // What's more, your
companies have become an example of reform.
What's more, your companies have become an example of
reform. Chile, indeed Latin America as a whole, has already
proven that market forces work and that we market reforms are the
way to prosperity. For example, the great Latin American
economist, Hernando de Soto, found in Peru that the ordinary
streetside entrepreneurs of Lima -- without any centralized,
bureaucratic direction -- are producing wealth on a scale that
rivals the economy officially-approved by the state bureaucracy.
If the streetside enterprises can cumulatively produce such
wealth, imagine what more and larger enterprises can produce if
government just lets them.
5
So let us build on these beginnings -- and carry them to
your neighbors. Give us your ideas on the privatization of state
enterprises. Tell us how investment has enriched your Nation --
so that further investment can enrich the Southern Hemisphere. //
Less than a decade from now, we will enter the 21st Century.
Already, we see its outline. // It will be a world in which
those Nations which modernize and compete will prosper. A world
in which investment and trade will create opportunity and
progress. // I see a world where only unprecedented cooperation
among Nations can confront a new generation of challenges. A new
world which reflects the spirit of the Chilean people.
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities. " Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
not
Reconciled
(Smith/Dooley)
November 29, 1990
10 A.M.
CHILE
PRESIDENTIAL REMARKS:
CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people. //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system." //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. 11 Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
prueba andando. [ ] Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. / /
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. II //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
(Smith/Dooley)
November 29, 1990
10 A.M.
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people.' //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. " //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
prueba andando. II
[
]
Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. / /
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the American people. " //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. / /
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
12 voon
E.
(Smith/Dooley)
November 29, 1990
10 A.M.
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people.' //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. " //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
prueba andando.'
[
]
Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. / /
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. / / From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. / / What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. " //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
CHILE
NATIONAL SECURITY COUNCIL
TIME STAMP
EXECUTIVE SECRETARIAT STAFFING DOCUMENT
90 OCT 30 P4:25
Ft.
SYSTEM LOG NUMBER:
9404
04
ACTION OFFICER: Johnson
DUE: 10:00A 30 NOV
Prepare Memo For Scoweroft/Gates
Appropriate Action
Prepare Memo For Cicconi
Prepare Memo for Sittmann
Prepare Memo Scowcroft
to Winston W/INFO Cicconi
CONCURRENCES/COMMENTS*
PHONE* to action officer at ext.
4592
Concur FYI
Concur FYI
Concur FYI
Barth
Hutchings
Poneman
Basora
Jackson
Popadiuk
Beers
Johnson
Pryce
Broome
Kanter
Rademaker
Burns
Kitchen
Rice
Canas
Kuehne
Rostow
Charles
Lampley
Tilley
Coulson
Lundsager
Tobey
Davis
Melby
Van Eron
Deal
Menan
Watson
Dorminey
Merchant
Welch
Dyke
Miller
Whitley
Frasure
Needles
Wilson
Fry
O'Leary
Working
Gordon
Paal
Zelikow
Gompert
Pacelli
Haass
Pavitt
Hayden
Pilling
INFORMATION
Sittmann
Hill
Exec Sec Desk
Scowcroft (advance)
Gates (advance)
Secretariat
COMMENTS
November 29, 1990
Eric fn Melby and Nick TA Rostow A concur with annotated changes in text.
William T. Pryce
Logged W By JKM
Return to Secretariat
379 OEOB
Document No. 194473 s.
WHITE HOUSE STAFFING MEMORANDUM 9404
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
FITZWATER
GRAY
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
TO: CHRISS WINSTON
The NSC Staff concurs with changes annotated in text.
Brent Scowcroft
James W. Cicconi
Assistant to the President
CC: James Cicconi
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 F:112:03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillaspie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
SALVAJE
his insight and eloquence. // There is a Chilean SPANISH word --
USANS
BRILLANTE
JANT TO
SAVAGE
"salvaje" [ ] -- which describes such leadership. I thank your
FOR HIS FRIENDSHIP AND HOSPITALITY
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people.' //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
COMMITMENT
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
Ane WITNESSING BET
We stand at the bring of an era of unparalleled opportunity -- at
one IN WHICH we CAN ARING NEW MEANING TO THE IDEA or "TRE NEW WORLD".
the brink of New Down in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
&OUNCIL or THE AMERICAS IN Now York
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system." //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
EVEN BETTER
THINGS
BEFORE us
best -- I believe -- lies ahead. //
PROPOSED
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
is BASED ON
- an initiative which can help foreign investment, free trade
To
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can and must == sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples //
I'm TOLD THERE 15 A SPANISH
THAT SAYS
A favorite Chilean expression goes, "El moviemineto MOVIMIENTO se
ACCUESTRA
AS we SAY ENGLISH "THE PROOF OF THE PUDDING is IN THE EATIA
prueba andando.
"
[
]
Yes, action rather than words. //
Ann THERE IS ^ LOT of PROOF coming OUT of CHILE.
free trade agreement will actively stem the siren song of
protectionism ++ Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
The
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
THEY CASOS TS STAY.
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
ECONOMIC OPPORTUNITY
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
INITIATIVE
THE Enterprise for the Americas has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
BRAK.
beondoggh on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC the Overseas Private Investment
HAS as BECON TO COVER INVESTMENT IN
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. 11
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. //
Today -- together -- we have the chance to fulfill those
OUR
ONE CHARACTIRELED B8 AN
words -- to make the New Dawn of sur New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
12/7
Document No. 194473 ss
WHITE HOUSE STAFFING ORANDUM
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
FITZWATER
Rogers
GRAY
Pinkerton
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
No connenks per Ed R -
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people. //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. II //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. / /
A favorite Chilean expression goes, "El moviemineto se
prueba andando. " [ ] Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. 11 But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the American people. //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
Document No. 194473 ss
WHITE 90 OCT HOUSE 2 A10: 38 STAFFING MEMORANDUM 9404
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
FITZWATER
GRAY
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
TO: CHRISS WINSTON
November 30, 1990
The NSC Staff concurs with changes annotated in text.
Ratis for Brent Scoweroft
James W. Cicconi
Assistant to the President
CC: James Cicconi
and Deputy to the Chief of Staff
Ext. 2702
RECEIVED
90 NOV 29 P I : 57
80 001 S 10:30
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
SPANISH
state MSAUS "SAVAGE
his insight and eloquence. // There is a Chilean word --
BRILLANTE
WANT TO
"salvaje" [ ] -- which describes such leadership. I thank your
AYLWIN
FOR HIS FRIENDSHIP AND HOSPITALITY
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people.' //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
COMMITMENT
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
Ane WITNESSING BRT
We stand at the bring of an era of unparalleled opportunity -- at
one IN WHICH we CAN ARING NOW MEANING TO THE IDEA or "TAE NEW worls".
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
The UNITEd STATES
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system.' //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
EVEN BETTER
THINGS
BEFORE us
best -- I believe -- lies ahead. //
PROPOSED
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
is BASED ON
- an initiative which can help foreign investment free trade
and official debt reduction To bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can and must sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples //
I'm TOLD THEREISA SPANISH
THAT SAYS
MOVIMIENTO
A favorite Chilean expression goes,
'El moviemineto se
BEMUESTRA
AS we SAY ENGLISH "THE PROOF of THE PUDDING IS IN THE EATING
prueba andando.
[
]
Yes, action rather than words. //
Ans THERE IS a LOT of PROOF coming OUT OF CHILE.
free trade agreement will actively stem the siren song of
protectionism H Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
ThOUNITaESTATES
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
THEY CHOOSE To STAY.
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
ECONOMIC OPPORTUNITY
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
INITIATIVE
THE Enterprise for the Americas has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
BRAKE
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC the Overseas Private Investment
HAS BEGON TO COVER INVESTMENT IN
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the ... American people.' //
Today -- together -- we have the chance to fulfill those
OUR
words -- to make the New Dawn of our New World an age of the
ONE CHARACTIRELED B8 AN
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. / /
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
# # # #
12/7
Document No. 194473 ss
WHITE HOUSE STAFFING MEMORANDUM
90 OCT 29
NOON, FRI., 11/30/90
DATE: 11/29/80
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE N/C
SUNUNU
NEWMAN
SCOWCROFT Bootleg
PORTER
DARMAN
ROGICH
N/V
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
N/C
FITZWATER
GRAY
Pinkerton Rogers N/C
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
e
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
be
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
?
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean Spanish word --
brillante
"salvaje"
want to
[
]
-- which describes such leadership. I thank your
President Aylwin on behalf of every American. for his // friendship and hospi tality.
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
mustbe
government is the servant of the people." //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts COMMITMENT to bring
democracy and prosperity to all the people of this hemisphere. //
are witnessing
We stand at the bring of an era of unparalleled opportunity -- at
a
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
the United States
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
continue
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
in New York atthe Council of the americas:
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system.' //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the even
better times
best -- I believe -- lies ahead. //
proposed
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
the
is trade, not aid. // We called it Enterprise for the Americas
X
tohelp
3
an initiative bilateral which can help foreign investment, free trade
2
m
and official, debt reduction bring prosperity to Chile and its
though
neighbors n I call on the business sectors of Chile and the United
?
States
America to use this initiative to make the individual -- not the
stet
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
create free and open trade
InsertA
throughout the herinsplere.
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
?
prueba andando."
I
Yes, action rather than words. //
Progresson
R
Can help to
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
the United States
8
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
atacama
in Calamara -- the worker in Valdivia gain what all Chileans
economic opportunity
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
The
Iniative
includes
Enterprise for the America has a number of proposals to
B
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. 11 I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed burdensome debt from a
drag deadweight
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
Projected
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
C
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
has begun to encourage investmentin
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
early mext yearx bringing a group of private investors to discuss.
next month. // What's more, your companies have become an
D
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
Lessthan
A
decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
investment and joint -venture
opportunities
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the ... American people." //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
# # #
THE WHITE HOUSE
90 OCT 30 All 38
WASHINGTON
November 30, 1990
MEMORANDUM TO CHRISS WINSTON
FROM:
JIM PINKERTON
SUBJECT:
American Chamber of Commerce -- Chile
Again we propose making some mention of Hernando de Soto
in these Latin American speeches to businessmen because,
most importantly, it dovetails so exactly with the larger
message we wish to send, but also because de Soto and his
work, El Otro Sendero (The Other Path), is so famous in
Latin America (the number one bestseller), and he
notwithstanding his populist message -- is a sympathetic
figure to businessmen and pro-market intellectuals. Thus,
our one comment below:
pg. 4, para. 2, line 7
"What's more, your companies
have become an example of reform."
In addition to changing "example" to the plural in order
to agre with "companies," we suggest here a one or two
sentence explanation of why Chile's companies are such an
example, followed by a reference to de Soto's discovery of
the massive wealth-production occuring outside the
aristocratic and bureaucratic officially-approved economy:
"What's more, your companies have become an example
of reform. Chile, indeed Latin American as a
whole, has already proven that market forces work
and that we market reforms are the way to
prosperity. For example, the great Latin American
economist, Hernando de Soto, found in Peru that the
ordinary streetside entrepreneurs of Lima --
without any centralized, bureaucratic direction --
are producing wealth on a scale that rivals the
economy officially-approved by the state
bureaucracy. If the streetside enterprises can
cumulatively produce such wealth, imagine what more
and larger enterprises can produce if government
justs lets them.
11/30/90
13:41
202 786 8433
PA
008
President Bush's Address to Chilean Chamber of Commerce
Insert 1:
Our Congress has authorized one of these proposals -- the
reduction of food assistance debt -- and I will do all I can to
see that the Congress approves all our bilateral debt reduction
proposals next year. I am pleased that Chile has been a pioneer
of similar creative programs to reduce commercial bank debt.
Insert 2:
The Inter-American Development Bank is moving forward on a new
lending program to help countries improve their ability to
attract investment.
In addition,
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
Insert, last paragraph, page 2:
A
*
It is designed to build on the market-oriented economic
reforms pioneered by Chile and now sweeping Latin America.
These reforms -- privatization, removing trade and
eliminating
investment barriers, getting rid of failed state planning
-- are the key to restoring economic growth in the next
decade.
2
Document No. 194473 s. S.
WHITE HOUSE STAFFING MEMORANDUM 9404
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCO
DAR
CAR
CICC
DEM
Chele- Your clear
FITZ
dreft attached
GRA
HA
HOL
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
TO: CHRISS WINSTON
November 30, 1990
The NSC Staff concurs with changes annotated in text.
Breat Scoweroft
James W. Cicconi
Assistant to the President
cc: James Cicconi
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillaspie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
SPANISH
his insight and eloquence. // There is a Chilean word --
BRILLANTE
WANT TO
,,SAVAGE
"salvaje" [ ] -- which describes such leadership. I, thank your
KYLWIN
FOR HIS FRIENDSHIP AND HOSPITALITY
President on behalf of every American. 11
^
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people." //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
COMMITMENT
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
Are WITNESSING ALT
We stand at the bring of an era of unparalleled opportunity -- at
our IN WHICH we CAN ARING NOW MEANING TO THE ISEA or "THE NOW world".
the brink of New Down in the New World. 11
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
The UNITEd STATES
Already, you have helped America. become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. 11 Yet the
EVEN BETTER
THINGS
BEFORE us
best -- I believe -- lies ahead. 11
PROPOSED
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
is BASED ON
- an initiative which can help foreign investment free trade
and official debt reduction to bring prosperity to Chile and its
neighbors. 11 I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. 11 Through Enterprise For the
Americas,
we
san
and
must
sign
an
eventual
Free
Trade
3
Agreement between commetes to bring prosperity
opportunity to both our peoples //
I'm TOLD THERE 15 A SPANISH
TAAT SAYS
MOVIMIENTO
A favorite Chilean expression goes,
El moviemineto se
BEMUESTRA
As we SAY ENGLISH "THE PROOF OF THE PUODING IS IN THE ERTIN
prueba andando.
[
]
Yes, action rather than words. //
Ann THERE IS A LOT of PROOF COMINO OUT OR CHILE.
free trade agreement will actively stem the siren song of
protectionism H Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
ThOUNITAISTATES
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
THEY CHOOSE To STAY.
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
OCONOMIC OPPORTUNITY
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
INITIATIVE
THE Enterprise for the Ameri has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
BRAKE
beendoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. 11
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC the Overseas Private Investment
HAS BEOON TO COVER INVESTMENT IN
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. 11
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the ... American people. 11
Today -- together -- we have the chance to fulfill those
OUR
words -- to make the ef-our New World an age of the
ONE CHARACTIRELED B8 AN
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
you we his sent are altoched already on
(Smith/Dooley)
November 29, 1990
10 A.M.
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people." //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system.' //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
prueba andando." [ ] Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here.//
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. " //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
RESEARCH
(Smith/Dooley)
CHANGES
November 29, 1990
10 A.M.
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
X
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank be you, Ed [Tillman], for those kind words. It is an
X
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
won't
I want first to salute my friend and vecino [ve-see-no],
be
President Aylwin. Two months ago, we first met at the White
there
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
brillante penia
X
salvaje [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
X
said this to your country's Congress: The friendship between
the two Nations is based on shared philosophy on faith in God,
respect for the spiritual dignity of man, and the conviction that
X
must be
government is the servant of the people.' //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
X
We stand at the bring of an era of unparalleled opportunity -- at
x
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile' neryah embrace of democracy. As your
President said this fall at the Council United of Nations: theAmericos "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. " //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
that
X
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
El moh. to say proo-ay-ba ahn dahn-do
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
movimiento
A favorite Chilean expression goes, "El moviemineto se
prueba andando. "
]
Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
You even export your
outside of
have lived
exports.
//
The only thing you don't t export are Nobel Prize
winners and world-renowned pianists. You keep them here
Chile years. for
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
Atacama (Calama)
in Calamara the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
15
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
"
X
how Chile Imust seize the opportunity to offer a friendly and
brotherly hand to the
American people. " //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
X
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
THE WHITE HOUSE
WASHINGTON
90 OCT 1990
MEMORANDUM FOR CHRISS WINSTON
FROM:
ROGER B. PORTER RBP
SUBJECT:
Presidential Remarks, Chamber of Commerce,
Santiago, Chile
As requested, we have reviewed the Presidential remarks to
the Chamber of Commerce, Santiago, Chile, and have indicated
our comments on the attached copy.
If you have any questions or we can help in any other way,
please let me know.
Attachment
c: James W. Cicconi
12/7
Document No. 194473 ss
WHITE HOUSE STAFFING MEMORANDUM
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
P
FITZWATER
Rogers
GRAY
Pinkerton
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people." //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
continue to
But only if both economies/remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system." //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
(see insert on page 5)
neighbors. //AI call on the business sectors of Chile and
work together
America to use-this-initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must --
create free and open trade
3
throughout this hemisphere. //
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. +//
A favorite Chilean expression goes, "El moviemineto se
prueba andando. " [ ] Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade is just one way to reach this New World we
Free trade will also demand that we lift tariff and non-
envision.
tariff barriers Helping the farmer in San Fernando the miner
in Calamara the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. tt But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. 11 What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
THE WHITE HOUSE
WASHINGTON
November 30, 1990
MEMORANDUM FOR CHRISS WINSTON
FROM:
ROGER B. PORTER
SUBJECT:
Presidential Remarks, Chamber of Commerce,
Santiago, Chile
As requested, we have reviewed the Presidential remarks to
the Chamber of Commerce, Santiago, Chile, and have indicated
our comments on the attached copy.
If you have any questions or we can help in any other way,
please let me know.
Attachment
c: James W. Cicconi
11/30/90
13:39
202 786 8433
PA
003
90-93986
Treasury (late comments)
(Smith/Dooley)
90 OCT 30 Pl: 52
November 29, 1990
10 A.M.
90 NOV 29 FM 12: 03
CHILE
PRESIDENTIAL REMARKS:
CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with be you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first net at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ I -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people." 11
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
11/30/90
13:39
202 786 8433
PA
004
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. He want to further expand that trade, and and we will.
But only if both economies remain open - open to ideas, open to
reform, open to free-market creativity. 11 That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system." 11
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. 11 Yet the
best - I believe -- lies ahead. //
Last June, I introduced & wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative bilatenal which can help foreion investment, free trade,
and official/debt reduction bring prosperity to Chile and its
neighbors. 11 I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. 11 Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
11/30/90
13:40
202 786 8433
PA
005
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. 11
A favorite Chilean expression goes, "El moviemineto se
prueba andando." [ I Yes, action rather than words. 11 A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. 11 The only thing you don't export are Nobal Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
The
includes
Enterprise for the America S has a number of proposals to
Insert 1
address debt reduction in Latin America. 1 will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
burdensome
for drag equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. 11
11/30/90
13:40
202 786 8433
PA
006
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that during from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. 11 From the Andes to the coast of Alaska,
our Nations must -- and have --- become partners -- not meraly
friends. 11
2
But we want to spur even more investment. so as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. 11 I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. 11 What's more, your companies have become an
example of reform. so let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. 11
be in
À decade from now, We will enteg the 21st Century. Already,
we see its outline. // It will be 2 world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
11 I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
11/30/90
13:41
202 786 8433
PA
007
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. 11
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people.' 11
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. 11
Thank you for this occasion. Good luck to you all. And
God bless the Nations we 50 dearly love -- Chile and the United
States of America.
#
#
SENT BY:The TICKET CENTER
11-30-90 ; 2:13PM ; LEGISLATIVE AFFAIRS-
2024566218:# 2
12/7
90 OCT 30 P1:25
Document No. 194473 ss
WHITE HOUSE STAFFING MEMORANDUM
255
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
FITZWATER
Rogers
GRAY
Pinkerton
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
no comments 11/30/90
90 OCT 30 PI
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
Document No. 194473 ss
WHITE HOUSE STAFFING MEMORANDUM
90 OCT 30
DATE: 11/29/80
NOON, FRI., 11/30/90
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
CICCONI
WINSTON
DEMAREST
BOSKIN
FITZWATER
GRAY
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
See Comments. manls.
Holly Williamson
11-30-90
James W Cicconi
Assistant to the President
Treasury has not sent comments
and Deputy to the Chief of Staff
Ext. 2702
in yet. they
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
be
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word -- 7nochilean
means "salvaje" [ ] -- which describes such leadership. I thank language- your it's
-
"savage President on behalf of every American. //
Spanish:
from
whatwe've
Three decades ago, the last U.S. President to visit Chile
heard.
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people." //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
brink
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system. " //
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. 11 I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. 11 Through Enterprise For the
Americas, we can -- and must Asign an eventual Free Trade
create a System of
USTR
3
VUSTR
for the Americas
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. //
A favorite Chilean expression goes, "El moviemineto se
prueba andando. [
]
Yes, action rather than words. //
Progress on free trade
USTR
A
free trade agreement will actively stem the siren song of
We will trade with eachother,
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products, The European community
18
buys your fruit, And America takes about 16 percent of Chilean
commarce
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
commerce
Free trade will also demand>that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
will hat
boondoggle on development into new opportunities for growth. //
translate?
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. // I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a/ten day visit here
visit here early
VOPIC
next year. * see OPIC insert below
OPIC
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
commerce
As we approach
canalready A decade from now, we will enter the 21st Century Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
'opic insert: OPIC will bring a group A private investors
to chile to talk about specific investment opportunities
and to discuss joint venture opportunities.
5
which reflects the spirit of the Chilean people. A people that
are brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the
American people. //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note sald, says "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
#
#
#
#
Document No. 194473 ss 12/7
WHITE HOUSE STAFFING MEMORANDUM
90 OCT 30 P12:
NOON, FRI., 11/30/90
DATE: 11/29/80
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: CHAMBER OF COMMERCE, SANTIAGO, CHILE
FRIDAY, DEC. 7, 1990, 7:55 A.M.
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
ROGICH
CARD
UNTERMEYER
WINSTON
CICCONI
BOSKIN
DEMAREST
FITZWATER
Rogers
GRAY
Pinkerton
HAGIN
HOLIDAY
REMARKS:
Please send your comments directly to Chriss Winston, Rm. 122,
x2930, by Noon, Friday, November 30, 1990, with a copy to my
office. Thank you.
RESPONSE:
Dillaaro
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(Smith/Dooley)
November 29, 1990
10 A.M.
90 NOV 29 PM 12: 03
CHILE
PRESIDENTIAL REMARKS: CHAMBER COMMERCE
SANTIAGO, CHILE
FRIDAY, DECEMBER 7, 1990
7:55 A.M.
Ambassador Gillispie, members of AmCham Chile, friends. I
want to thank you, Ed [Tillman], for those kind words. It is an
honor to with you -- and to be the first American President to
visit Chile in thirty years. //
I want first to salute my friend and vecino [ve-see-no],
President Aylwin. Two months ago, we first met at the White
House. Over the last day, I have again had the chance to observe
his insight and eloquence. // There is a Chilean word --
"salvaje" [ ] -- which describes such leadership. I thank your
President on behalf of every American. //
Three decades ago, the last U.S. President to visit Chile
said this to your country's Congress: "The friendship between
the two Nations is based on shared philosophy, on faith in God,
respect for the spiritual dignity of man, and the conviction that
government is the servant of the people. //
Today, our two Nations are united as never before by those
beliefs Dwight Eisenhower spoke of so eloquently. But we are
also united in another way -- through our efforts to bring
democracy and prosperity to all the people of this hemisphere. //
We stand at the bring of an era of unparalleled opportunity -- at
the brink of New Dawn in the New World. //
2
As business leaders, you have an especially crucial role to
play to ensure that Chile continues down this path to prosperity.
Already, you have helped America become Chile's largest trading
partner. We want to further expand that trade, and and we will.
But only if both economies remain open -- open to ideas, open to
reform, open to free-market creativity. // That requires
continued support for Chile's embrace of democracy. As your
Da
in New York
Johnsa
President said this fall at the United Nations: "Chile is
showing that an expanding, stable, and equitable economy is
compatible with an open and democratic political system." 11
President Aylwin knows that the tide toward freedom -- once
begun -- is irresistible. In that spirit, we can take great
pride in recently concluding a trade and investment framework
agreement between our countries. America's confidence in Chilean
business is a major reason for this accomplishment. // Yet the
best -- I believe -- lies ahead. //
Last June, I introduced a wide-ranging initiative to begin
a new economic partnership in the hemisphere -- supported by
leaders like President Aylwin who know that the key to progress
is trade, not aid. // We called it Enterprise for the Americas -
- an initiative which can help foreign investment, free trade,
and official debt reduction bring prosperity to Chile and its
neighbors. // I call on the business sectors of Chile and
America to use this initiative to make the individual -- not the
State -- our voice of tomorrow. // Through Enterprise For the
Americas, we can -- and must -- sign an eventual Free Trade
3
Agreement between our two countries to bring prosperity and
opportunity to both our peoples. 11
A favorite Chilean expression goes, "El moviemineto se
prueba andando. " [ ] Yes, action rather than words. // A
free trade agreement will actively stem the siren song of
protectionism. // Consider that Japan receives Chilean food.
And Peru buys Chilean forestry products. The European community
buys your fruit. And America takes about 16 percent of Chilean
exports. // The only thing you don't export are Nobel Prize
winners and world-renowned pianists. You keep them here. //
Free trade will also demand that we lift tariff and non-
tariff barriers. Helping the farmer in San Fernando -- the miner
in Calamara -- the worker in Valdivia gain what all Chileans
deserve: Employment and dignity. // But free trade is just one
way to reach this New World we envision. A second is official
debt reduction. //
Enterprise for the America has a number of proposals to
address debt reduction in Latin America. I will do all I can to
see that they are passed next year. // I am pleased, too, by the
creative debt reduction programs that Chile has pioneered. Debt
for equity swaps -- exchanges that have transformed debt from a
boondoggle on development into new opportunities for growth. //
Let us work together to reduce the crippling burden of debt.
And as we do, let us achieve the third and final part of
Enterprise for the Americas -- increased investment that means
increased growth and jobs. //
4
Consider that since 1985, about $2.5 billion U.S. investment
dollars have flowed into Chile. And that from 1990-95, an
estimated $13.2 billion dollars will aid Chile's development --
most of it focusing on mining, industry, energy, and
telecommunications. // From the Andes to the coast of Alaska,
our Nations must -- and have -- become partners -- not merely
friends. //
But we want to spur even more investment. So as Chile
returns to democracy, OPIC -- the Overseas Private Investment
Corporation -- will return to Chile. 11 I have asked OPIC to
mobilize resources to design a financial model for private
investment throughout Latin America. And because Chile is
already a pioneer, OPIC members will make a ten-day visit here
next month. // What's more, your companies have become an
example of reform. So let us build on these beginnings -- and
carry them to your neighbors. Give us your ideas on the
privatization of state enterprises. Tell us how investment has
enriched your Nation --so that further investment can enrich the
Southern Hemisphere. //
A decade from now, we will enter the 21st Century. Already,
we see its outline. // It will be a world in which only those
Nations which modernize and compete will prosper. A world in
which investment and trade will create opportunity and progress.
// I see a world where only unprecedented cooperation among
Nations can confront a new generation of challenges. A new world
5
which reflects the spirit of the Chilean people. A people that
is brave, valiant, industrious, alive. //
Nearly 180 years ago, your government sent our President
Madison a note which initiated diplomatic relations. It spoke of
how "Chile [must seize] the opportunity to offer a friendly and
brotherly hand to the American people. " //
Today -- together -- we have the chance to fulfill those
words -- to make the New Dawn of our New World an age of the
offered hand and open heart. So let us achieve, as the
diplomatic note said, "A community of shared ideas, of feelings
and necessities." Acting not for ourselves alone -- but for the
generations to come. //
Thank you for this occasion. Good luck to you all. And
God bless the Nations we so dearly love -- Chile and the United
States of America.
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