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Originally Processed With FOIA(s): FOIA Number: S; 1999-0062-F S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Draft Files Subseries: Chron File, 1989-1993 OA/ID Number: 13649 Folder ID Number: 13649-010 Folder Title: North American Free Trade Agreement (NAFTA) Signing 12/17/92 [OA 8485] Stack: Row: Section: Shelf: Position: G 26 18 6 1 NAFTA SIGNING / THURSDAY, DECEMBER 17, 1992 ORGANIZATION OF THE AMERICAN STATES the U. S. TRADE REPRESENTATIVE, CARLA HILLS. THE HONORABLE JULIUS KATZ. JAMES BAKER. ACTING SECRETARY OF STATE, ARNOLD KANTER. ASSISTANT SECRETARY OF STATE, BERNIE ARONSON. GENERAL SCOWCROFT. SECRETARY GENERAL BAENA- SOARES [BENA SOR EHZ]. - 2 - MEXICAN AMBASSADOR TO THE UNITED STATES, GUSTAVO PETRICIOLI. CANADIAN AMBASSADOR TO THE UNITED STATES, DEREK H. BURNEY. CURRENT AND FORMER MEMBERS OF THE CABINET. MEMBERS OF CONGRESS AND THE SENATE. THROUGHOUT HISTORY, THE DESTINY OF NATIONS HAS OFTEN BEEN SHAPED BY CHANCE -- BY THE THINGS THAT HAPPEN TO THEM. - 3 - THEN THERE ARE THOSE UNIQUE NATIONS WHO SHAPE THEIR DESTINIES BY CHOICE -- BY THE THINGS THAT THEY MAKE HAPPEN. THREE SUCH NATIONS COME TOGETHER TODAY: MEXICO, CANADA, AND THE UNITED STATES OF AMERICA. BY SIGNING THE NORTH AMERICAN FREE TRADE AGREEMENT, WE HAVE COMMITTED OURSELVES TO A BETTER FUTURE -- FOR OUR CHILDREN AND FOR GENERATIONS YET UNBORN. - 4 - THIS AGREEMENT WILL REMOVE BARRIERS TO TRADE AND INVESTMENT ACROSS THE TWO LARGEST UNDEFENDED BORDERS ON THE GLOBE -- AND LINK THE U.S. IN A PERMANENT PARTNERSHIP OF GROWTH WITH OUR FIRST AND THIRD LARGEST TRADE PARTNERS. - 5 - THE PEACE AND FRIENDSHIP WE HAVE LONG ENJOYED AS NEIGHBORS WILL NOW BE STRENGTHENED BY THE EXPLOSION OF GROWTH AND TRADE LET LOOSE BY THE COMBINED ENERGIES OF OUR 360 MILLION CITIZENS TRADING FREELY ACROSS OUR BORDERS. - 6 - I WANT TO PAY A PERSONAL TRIBUTE TO MY PARTNERS IN THIS ENDEAVOR -- TWO RARE AND GIFTED LEADERS, AND TWO SPECIAL, VALUED FRIENDS -- WITHOUT WHOSE COURAGE, LEADERSHIP, AND VISION THIS DAY WOULD NOT HAVE COME. - 7 - WHEN THE HISTORY OF OUR ERA IS WRITTEN, IT WILL BE SAID THAT THE CITIZENS OF ALL THE AMERICAS WERE TRULY FORTUNATE THAT MEXICO AND CANADA -- TWO GREAT NATIONS AND TWO PROUD PEOPLES -- WERE LED BY PRESIDENT CARLOS SALINAS AND PRIME MINISTER BRIAN MULRONEY. - 8 - FOR MEXICO ESPECIALLY, THE NAFTA IS A BOLD UNDERTAKING, MADE POSSIBLE BY PRESIDENT SALINAS' BRAVE REFORMS TO INVIGORATE THE MEXICAN ECONOMY. IT IS ESPECIALLY FITTING THAT AN AMERICAN PRESIDENT SIGN THIS AGREEMENT IN THIS GREAT HALL OF THE AMERICAS, THE HOME OF THE ORGANIZATION OF AMERICAN STATES. 9 FOR THE NAFTA REPRESENTS THE FIRST GIANT STEP TOWARDS FULFILLMENT OF A DREAM THAT HAS LONG INSPIRED US ALL -- THE DREAM OF A HEMISPHERE UNITED BY ECONOMIC COOPERATION AND FREE COMPETITION. 10 BECAUSE OF WHAT WE HAVE BEGUN HERE TODAY, I BELIEVE THE TIME WILL SOON COME WHEN TRADE IS FREE FROM ALASKA TO ARGENTINA, WHEN EVERY CITIZEN OF THE AMERICAS HAS THE OPPORTUNITY To SHARE IN NEW GROWTH AND EXPANDING PROSPERITY. I HOPE AND TRUST THAT THE NORTH AMERICAN FREE TRADE AREA CAN BE EXTENDED TO CHILE AND OTHER WORTHY PARTNERS IN SOUTH AMERICA, CENTRAL AMERICA, AND THE CARIBBEAN. 11 FREE TRADE THROUGHOUT THE AMERICAS IS AN IDEA WHOSE TIME HAS COME. A NEW GENERATION OF DEMOCRATIC LEADERS HAS STAKED ITS FUTURE ON THAT PROMISE. UNDER THEIR LEADERSHIP, A TIDE OF ECONOMIC REFORM AND TRADE LIBERALIZATION IS TRANSFORMING THE HEMISPHERE. TODAY, AS A RESULT, THE HEMISPHERE IS GROWING AGAIN. 12 FOR THE FIRST TIME IN YEARS MORE CAPITAL IS FLOWING INTO THE AMERICAS FOR NEW INVESTMENT THAN IS FLOWING OUT. EVERY MAJOR DEBTOR NATION, FROM MEXICO To ARGENTINA, HAS NEGOTIATED A SUCCESSFUL AGREEMENT TO REDUCE AND RESTRUCTURE ITS COMMERCIAL BANK DEBT UNDER THE BRADY PLAN. LET ME OFFER A BRIEF ASIDE ABOUT THE BRADY PLAN. 13 I REMEMBER TELLING MY GOOD FRIEND, SECRETARY NICK BRADY -- OKAY, WE'LL CALL IT THE BRADY PLAN. BUT IF IT'S SUCCESSFUL, WE'RE GOING To CALL IT THE BUSH PLAN. I THINK HISTORY WILL SHOW THAT THE LEADERSHIP OF OUR DISTINGUISHED TREASURY SECRETARY DID PAY OFF -- THE PLAN HAS BEEN HIGHLY SUCCESSFUL. AND BY THE WAY, THE NAME WILL ALWAYS BE -- AND SHOULD ALWAYS BE -- THE BRADY PLAN. 14 UNDER THE ENTERPRISE FOR THE AMERICAS INITIATIVE, MANY NATIONS -- JAMAICA, BOLIVIA, CHILE, COLOMBIA, EL SALVADOR, URUGUAY -- HAVE REDUCED, OR SHORTLY WILL REDUCE, THEIR OFFICIAL DEBT WITH THE UNITED STATES. THE INITIATIVE ALLOWS INTEREST PAYMENTS ON OFFICIAL DEBT TO BE CHANNELED INTO TRUST FUNDS THAT PROTECT THE ENVIRONMENT AND SUPPORT PROGRAMS FOR CHILD SURVIVAL. 15 To THOSE IN OTHER REGIONS STRUGGLING TO REFORM STATIST ECONOMIES, LATIN AMERICA SHINES AS A SOLID EXAMPLE OF HOPE THAT HYPERINFLATION CAN BE TAMED, GROWTH CAN BE REVITALIZED, AND NEW INVESTMENT AND TRADE CAN ACCELERATE IF DEVELOPING NATIONS STAY THE COURSE THROUGH THE DIFFICULT CHALLENGE OF ECONOMIC RESTRUCTURING. 16 THESE PROFOUND ECONOMIC CHANGES ARE A TRIBUTE TO A COURAGEOUS GROUP OF DEMOCRATIC LEADERS IN LATIN AMERICA AND THE CARIBBEAN. THEIR REVOLUTIONARY VISION HAS ALTERED FOREVER THE FACE OF THE AMERICAS. 17 THEIR FRIENDSHIP AND COUNSEL HAVE BEEN ENORMOUSLY GRATIFYING TO ME AS PRESIDENT. BUT THESE PROFOUND CHANGES, ALONG WITH THE NAFTA ITSELF, REFLECT A BROADER AND, I BELIEVE, MORE FUNDAMENTAL CHANGE IN RELATIONS BETWEEN THE UNITED STATES AND THE NATIONS OF THIS HEMISPHERE. 18 FOR MANY DECADES, WE HAVE PROCLAIMED AMBITIOUS GOALS FOR OURSELVES -- OF A GOOD NEIGHBOR POLICY, OF AN ALLIANCE FOR PROGRESS, OF A PARTNERSHIP BUILT ON MUTUAL RESPECT AND SHARED RESPONSIBILITY. THOSE GOALS ARE RAPIDLY BECOMING A REALITY. 19 MY TALKS WITH THE HEMISPHERE'S LEADERS IN RECENT WEEKS SHOW A STRONG CONSENSUS THAT RELATIONS BETWEEN THE U.S. AND ITS NEIGHBORS HAVE NEVER BEEN BETTER -- AND THAT THIS DEVELOPMENT IS WORKING TO BENEFIT ALL OF OUR PEOPLES. I BELIEVE THAT IN THE FUTURE AMERICA'S RELATIONS WITH LATIN AMERICA AND THE CARIBBEAN WILL GROW EVEN STRONGER. 20 I WAS PLEASED TO HEAR PRESIDENT-ELECT CLINTON AFFIRM THAT GOAL IN HIS REMARKS RECENTLY TO BOTH THE RIO GROUP AND TO THE CARIBBEAN-LATIN AMERICA ACTION CONFERENCE. THIS CENTURY'S EPIC STRUGGLE BETWEEN TOTALITARIANISM AND DEMOCRACY IS OVER; DEMOCRACY HAS PREVAILED. 21 TODAY, WE SEE UNFOLDING AROUND THE WORLD A REVOLUTION OF HOPE AND COURAGE, PROPELLED BY THE ASPIRATION OF ORDINARY PEOPLE FOR FREEDOM AND A BETTER LIFE. 22 THE WORLD WILL LONG REMEMBER THE IMAGES OF THAT STRUGGLE -- A CITIZEN OF BERLIN, SITTING ATOP THE WALL, CHIPPING AWAY WITH HIS HAMMER AND CHISEL; BORIS YELTSIN AND HIS FOLLOWERS WAVING THE FLAG OF FREE RUSSIA, DEFYING THE TANKS AND COUP PLOTTERS. 23 HERE, IN THIS HALL, IT IS WORTH REMEMBERING THAT THOSE IMAGES WERE PRECEDED BY A DEMOCRATIC REVOLUTION IN LATIN AMERICA. No PEOPLE STRUGGLED FOR FREEDOM AGAINST OPPRESSION MORE BRAVELY THAN THE PEOPLE OF THIS HEMISPHERE. HERE, Too, IN THE AMERICAS WE ARE CONSTRUCTING A HOPEFUL MODEL OF THE NEW POST-COLD WAR WORLD OF WHICH WE DREAM. 24 THIS IS THE FIRST HEMISPHERE -- AND THE OAS IS THE FIRST REGIONAL ORGANIZATION IN THE WORLD -- TO TAKE ON, THROUGH THE SANTIAGO DECLARATION, THE FORMAL, COLLECTIVE RESPONSIBILITY TO DEFEND DEMOCRACY. IN THIS HEMISPHERE, THE WEAPONS OF MASS DESTRUCTION -- STRATEGIC MISSILES AS WELL AS NUCLEAR, CHEMICAL AND BIOLOGICAL WEAPONS -- HAVE BEEN REJECTED VOLUNTARILY. 25 IN THIS HEMISPHERE, WE HAVE CREATED NEW MODELS OF MULTILATERAL COOPERATION AND SUCCESS IN RESOLVING THE CONFLICTS THAT HAVE TORMENTED CENTRAL AMERICA. AND AS RECENT PROOF OF THE PROGRESS WE'VE MADE, JUST TWO DAYS AGO, WE CELEBRATED THE END OF WAR IN EL SALVADOR. 26 IN THIS HEMISPHERE, WE HAVE FORGED A NEW PARTNERSHIP TO DEFEAT THE GLOBAL MENACE OF NARCO-TRAFFICKING. STILL, WE ARE NOT SATISFIED. THE BIRTH OF DEMOCRACY HAS RAISED EXPECTATIONS THROUGHOUT THE AMERICAS; NOW DEMOCRACY MUST DELIVER. 27 THE COMMUNICATIONS REVOLUTION HAS OPENED THE EYES OF THIS HEMISPHERE'S CITIZENS TO THE WIDER WORLD; WE ARE NO LONGER BLIND TO LIMITS ON LEGITIMATE POLITICAL PARTICIPATION, To OFFICIAL CORRUPTION, OR TO ECONOMIC FAVORITISM. 28 IF DEMOCRACY IS TO BE CONSOLIDATED, THE GULFS THAT SEPARATE THE FEW WHO ARE VERY RICH FROM THE MANY WHO ARE VERY POOR, THAT DIVIDE CIVILIAN FROM MILITARY INSTITUTIONS, THAT SPLIT CITIZENS OF EUROPEAN HERITAGE FROM INDIGENOUS PEOPLES -- THESE GULFS MUST BE BRIDGED. ECONOMIC REFORM MUST ENSURE UPWARD MOBILITY AND NEW OPPORTUNITIES FOR A BETTER LIFE FOR ALL CITIZENS OF THE AMERICAS. 29 To FULFILL ITS PROMISE, DEMOCRATIC GOVERNMENT MUST GUARANTEE NOT ONLY THE RIGHT TO REGULAR ELECTIONS, BUT HUMAN RIGHTS AND PROPERTY RIGHTS, SWIFT AND IMPARTIAL JUSTICE, AND THE RULE OF LAW. DEMOCRATIC GOVERNMENTS MUST DELIVER BASIC SERVICES; THEIR INSTITUTIONS MUST BE STRENGTHENED AND MODERNIZED. To DEFEND DEMOCRACY SUCCESSFULLY, THE OAS MUST STRENGTHEN THE TOOLS AT ITS DISPOSAL. 30 I COMMEND THE NEW STEPS YOU TOOK THIS WEEK TO SUSPEND NON-DEMOCRATIC REGIMES. TOGETHER WE MUST ALSO CREATE NEW MEANS TO END HISTORIC BORDER DISPUTES AND TO CONTROL THE COMPETITION IN CONVENTIONAL WEAPONRY. IN ALL THIS, THE UNITED STATES BEARS A SPECIAL RESPONSIBILITY. 31 WE FACE A MOMENT OF MAXIMUM OPPORTUNITY -- BUT ALSO CONTINUED RISK. WE MUST REMAIN ENGAGED -- FOR MORE THAN EVER BEFORE, OUR FUTURE IS BOUND UP WITH THE FUTURE OF THE AMERICAS. THIS IS THE FASTEST GROWING REGION IN THE WORLD FOR U.S. PRODUCTS. IN THE STRUGGLE TO DEFEND DEMOCRACY, OUR MOST CHERISHED VALUES ARE AT STAKE. 32 TRAVEL TO MIAMI OR EL PASO, Los ANGELES OR CHICAGO OR NEW YORK -- AND LISTEN TO THE LANGUAGE OF OUR NEIGHBORHOODS. WE ARE TIED TO THE AMERICAS, NOT JUST BY GEOGRAPHY OR HISTORY, BUT BY WHO WE ARE AS A PEOPLE. No ONE KNOWS THAT MORE PROFOUNDLY THAN THIS PROUD GRANDFATHER. THIS YEAR MARKS THE 500TH ANNIVERSARY OF A VOYAGE OF DISCOVERY TO THE NEW WORLD. 33 LET THIS ALSO BE A TIME OF REDISCOVERY FOR MY COUNTRY, THE UNITED STATES, OF THE IMPORTANCE OF OUR OWN HEMISPHERE. IF WE ARE EQUAL TO THE CHALLENGES BEFORE US, WE CAN BUILD IN THE AMERICAS THE WORLD'S FIRST COMPLETELY DEMOCRATIC HEMISPHERE. 34 THIS HEMISPHERE CAN BE, AS WELL, A ZONE OF PEACE, WHERE TRADE FLOWS FREELY, PROSPERITY IS SHARED, THE RULE OF LAW IS RESPECTED, AND THE GIFTS OF HUMAN KNOWLEDGE ARE HARNESSED FOR ALL. 35 MORE THAN 150 YEARS AGO, SIMON BOLIVAR, (SEE-MONE-Bo-LEE-vAR) THE LIBERATOR WHOSE STATUE STANDS OUTSIDE THIS HALL, SPOKE ABOUT "AN AMERICA UNITED IN HEART, SUBJECT TO ONE LAW, AND GUIDED BY THE TORCH OF LIBERTY." MY FRIENDS: HERE IN THIS HEMISPHERE WE ARE ON THE WAY TO REALIZING BOLIVAR'S DREAM. 36 TODAY, WITH THE SIGNING OF THE NORTH AMERICAN FREE TRADE AGREEMENT, WE TAKE ANOTHER GIANT STEP TOWARDS MAKING THE DREAM A REALITY. THANK YOU VERY MUCH. # # # THE PRESIDENT HAS SEEN THE WHITE house 12.14.92 2 December 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT ZOELLICK RBZ FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas. The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and a complement to your Texas A & M speech on Tuesday. / TREDERSIDENT P6: 18 Brent Recalling our dicussion how about language like the attached for an add on on page 2. The rest of this all looks fine to me No changes. GB "ok" The to Presidents result 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of insert An at / THE president Let me tell you a little aside about the Brady Plan. I remember telling my good friend Secretary Nick Brady- OK we'll call it the Brady Plan, but when we see that it is successful let's call it the Bush plan Well history will show that the leadership of our distinguished sec treasury Nick Brady did pay off; the plan has been highly successful ;and, oh yes, the name will always be and should always be the Brady plan. 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Colombia, Paraguay, Argentina -- have, or shortly will, reduce their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall with a hammer and chisel chipping the wall away; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons --- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. Enterprise and initiative, imagination and energy -- all are required to create the conditions for that better life. 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of technology are harnessed for all. 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took another giant step towards making it a reality. Thank you very much. # Document No. 367274 WHITE HOUSE STAFFING MEMORANDUM DATE: 12/12/92 ACTION/CONCURRENCE/COMMENT DUE BY: 5:00 pm / MON. / 12-14 PROPOSED PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES SUBJECT: THURSDAY, DECEMBER 17, 1992 ACTION FYI ACTION FYI VICE PRESIDENT MCBRIDE BAKER MOORE SCOWCROFT MULLINS DARMAN PETERSMEYER BATES PORTER BRADY SMITH BROMLEY TUTWILER CALIO ZOELLICK DEMAREST MCGROARTY FITZWATER BOSKIN GRAY \ DELAND HOLIDAY HORNER REMARKS: Please provide your comments on the attached directly to Dan McGroarty, Rm 122, x2930, with a copy to this office NO LATER THAN 5:00 p.m., MONDAY, DECEMBER 14. Thank you. MASTER RESPONSE: Seccomments - also PHILLIP D. BRADY P.I Assistant to the President and Staff Secretary USTR Ext. 2702 THE WHITE HOUSE WASHINGTON December 11, 1992 202012 A12: 24 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT ZOELLICK RBZ FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas. The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and a complement to your Texas A & M speech on Tuesday. 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new USTR experiment undertaghing made possible by President Salinas' brave reforms to openans invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas Howard for new investment than is flowing out to repay old debt Every major debtor nation, from Mexico to Argentina, has negotiated a 164657 successful agreement to reduce and restructure its commercial POTUS INSETT Many bank debt under the Brady Plan. Nearly a dozen other nations -- see Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Treas. + Colombia, Paraguay, Argentina have, or shortly will, reduce BOSKING their official debt with the United States under the Enterprise Fix- WHICH for the Americas Initiative. Interest payments on the remaining FACTURE is debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay 3 the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall with a hammer and chisel chipping the wall away; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. DuSault This is the first hemisphere and the OAS is the first +4770 regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. Latin America and the Carribear area DeSault In this hemisphere, the weapons of mass destruction -- 44770 strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that have tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. throughout our hemophere, If democracy is to be consolidated the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens DuSault European X4770 of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and all new opportunities for a better life for ordinary citizens. required Enterprise to and create initiative, the conditions imagination for that and energy better life. all are 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but Dusault also continued risk. We must remain engaged -- because for, more than X4770 ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, nature and the gifts of technology are harnessed for all. 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took another giant step towards making it a reality. Thank you very much. # # # SENT BY:CEQ Jackson PI. :12-14-92 ; 7:30PM ; 2023953744- 2024566218:# 1 SEAL STATE THE EXECUTIVE OFFICE OF THE PRESIDENT COUNCIL ON ENVIRONMENTAL QUALITY WASHINGTON, D.C. 20500 Michael R. Deland Chairman (202) 395-5080 December 14, 1992 MEMORANDUM a few small inserts TO: DAN McGROARTY FR: DALE CURTIS Anlel. and three marked-up RE: NAFTA SIGNING REMARKS pages - D President Bush has expanded environmental cooperation with Mexico and Canada through NAFTA and other initiatives. Mentioning the environment would be unexpected, memorable, and upbeat. We suggest a few small insertions to reflect this on pages 2, 4, and 5, and have indicated a few other comments in the markup. INSERT A: page 2, second full pgh, delete the last sentence and insert the following new paragraph: Economic cooperation is growing in parallel with environmental cooperation, showing that a vibrant economy can be an ally of environmental quality. For the first time in history, we've made environmental protection an explicit goal of a trade agreement. We've established new partnerships to improve conditions along our common borders. The Enterprise for the Americas plan allows interest payments on official debt to be channeled into trust funds ADD that support environmental projects--a feature that has been THIS- called one of the most promising initiatives ever taken for environmental protection in Latin America. INSERT B: page 4: In this hemisphere, we have forged partnerships to protect our natural heritage from the Great Lakes to the treasure troves of the rainforests. We are working to defeat the global menace of narco-trafficking. INSERT C: page 4: last pgh starts awkwardly and negatively. Suggest deleting the remainder of that sentence and substituting: If democracy is to be consolidated, we need to give freedom its full meaning, including freedom from want, freedom from fear, and freedom from an unsafe environment. Thanks for your consideration of our ideas. Recycled Paper 8976 December 15, 1992 2:00 p.m. draft PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe -- and link the U.S. in a permanent partnership of growth with our first and third largest trade partners. The peace and friendship we have long enjoyed as neighbors will now be strengthened by the explosion of growth and trade let loose by the combined energies of our 360 million citizens trading freely across our borders. I want to pay a personal tribute to my partners in this endeavor -- two rare and gifted leaders, and two special, valued friends -- without whose courage, leadership, and vision this day would not have come. When the history of our era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada -- two great nations and two proud peoples -- were led by President Carlos Salinas and Prime Minister Brian Mulroney. For Mexico especially, the NAFTA is a bold undertaking, made possible by President Salinas' brave reforms to invigorate the Mexican economy. 2 It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired us all -- the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will soon come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and the Caribbean. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under their leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Let me offer a brief aside about the Brady Plan. I remember telling my good friend, Secretary Nick Brady -- okay, we'll call it the Brady Plan. But if it's successful, we're going to call it the Bush Plan. I think history will show that the leadership of our distinguished Treasury Secretary did pay off -- the Plan has been highly successful. And by the way, the name will always be -- and should always be -- the Brady Plan. No Varaguay Y Argentina we nave not made a accision publicley mention Delete other programs as to whether the 2 countries are eligible X should I not Under the Enterprise for the Americas Initiative and other programs many nations [[-- Jamaica, Bolivia, Chile, Colombia, Treasury Mary Paraguay, Argentina, El Salvador, Uruguay --]] have reduced, or Chaves shortly will reduce, their official debt with the United States. Dir office The Initiative allows interest payments on official debt to be Int'll Debt Police channeled into trust funds that protect the environment and @ 622 -1850 support programs for child survival. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. 4 This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Wall, chipping away with his hammer and chisel; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that those images were preceded by a democratic revolution in Latin America. No people struggled for freedom against oppression more bravely than the people of this hemisphere. Here, too, in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation and success in resolving the conflicts that have tormented Central America. And as recent proof of the progress we've made, just two days ago, we celebrated the end of war in El Salvador. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. 5 Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened the eyes of this hemisphere's citizens to the wider world; we are no longer blind to limits on legitimate political participation, to official corruption, or to economic favoritism. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of European heritage from indigenous peoples -- these gulfs must be bridged. Economic reform must ensure upward mobility and new opportunities for a better life for all citizens of the Americas. To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services; their institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. We face a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for more than ever before, our future is bound up with the future of the Americas. This is the fastest growing region in the world for U.S. products. In the struggle to defend democracy, our most cherished values are at stake. 6 Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of human knowledge are harnessed for all. More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we take another giant step towards making the dream a reality. Thank you very much. # # # 8976 December 15, 1992 2:00 p.m. draft PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 U.S. Trade Representatives, Carla Hills. The Honorable Julius Katz. James Baker. Acting Secretary of State, Arnold Kanter. Assistant Secretary of State, Bernie Aronson. General Scowcroft. Secretary General Baena-Soares [bena SOR enz]. Mexican Ambassador to the United States, Gustavo Petricioli. Canadian Ambassador to the United States, Derek H. Burney. Current and Former Members of the Cabinet. Members of Congress and the Senate. Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe -- and link the U.S. in a permanent partnership of growth with our first and third largest trade partners. The peace and friendship we have long enjoyed as neighbors will now be strengthened by the explosion of growth and trade let loose by the com bined energies of our 360 million citizens trading freely across our borders. I want to pay a personal tribute to my partners in this endeavor -- two rare and gifted leaders, and two special, valued friends -- without whose courage, leadership, and vision this day 2 would not have come. When the history of our era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada -- two great nations and two proud peoples -- were led by President Carlos Salinas and Prime Minister Brian Mulroney. For Mexico especially, the NAFTA is a bold undertaking, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired us all -- the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will soon come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and the Caribbean. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under their leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. 3 Let me offer a brief aside about the Brady Plan. I remember telling my good friend, Secretary Nick Brady -- okay, we'll call it the Brady Plan. But if it's successful, we're going to call it the Bush Plan. I think history will show that the leadership of our distinguished Treasury Secretary did pay off -- the Plan has been highly successful. And by the way, the name will always be -- and should always be -- the Brady Plan. Under the Enterprise for the Americas Initiative, many nations [[-- Jamaica, Bolivia, Chile, Colombia, El Salvador, Uruguay ]] have reduced, or shortly will reduce, their official debt with the United States. The Initiative allows interest payments on official debt to be channeled into trust funds that protect the environment and support programs for child survival. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared 4 responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Wall, chipping away with his hammer and chisel; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that those images were preceded by a democratic revolution in Latin America. No people struggled for freedom against oppression more bravely than the people of this hemisphere. Here, too, in the Americas we are constructing a hopeful model of the new post-Cold War world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation and success in resolving the conflicts 5 that have tormented Central America. And as recent proof of the progress we've made, just two days ago, we celebrated the end of war in El Salvador. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened the eyes of this hemisphere's citizens to the wider world; we are no longer blind to limits on legitimate political participation, to official corruption, or to economic favoritism. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of European heritage from indigenous peoples -- these gulfs must be bridged. Economic reform must ensure upward mobility and new opportunities for a better life for all citizens of the Americas. To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services; their institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. We face a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for more than 6 ever before, our future is bound up with the future of the Americas. This is the fastest growing region in the world for U.S. products. In the struggle to defend democracy, our most cherished values are at stake. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of human knowledge are harnessed for all. More than 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we take another giant step towards making the dream a reality. Thank you very much. # # # 8976 December 15, 1992 2:00 p.m. draft PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe -- and link the U.S. in a permanent partnership of growth with our first and third largest trade partners. The peace and friendship we have long enjoyed as neighbors will now be strengthened by the explosion of growth and trade let loose by the com bined energies of our 360 million citizens trading freely across our borders. I want to pay a personal tribute to my partners in this endeavor -- two rare and gifted leaders, and two special, valued friends -- without whose courage, leadership, and vision this day would not have come. When the history of our era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada -- two great nations and two proud peoples -- were led by President Carlos Salinas and Prime Minister Brian Mulroney. For Mexico especially, the NAFTA is a bold undertaking, made possible by President Salinas' brave reforms to invigorate the Mexican economy. 2 It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired us all -- the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will soon come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and the Caribbean. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under their leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Let me offer a brief aside about the Brady Plan. I remember telling my good friend, Secretary Nick Brady -- okay, we'll call it the Brady Plan. But if it's successful, we're going to call it the Bush Plan. I think history will show that the leadership of our distinguished Treasury Secretary did pay off -- the Plan has been highly successful. And by the way, the name will always be -- and should always be -- the Brady Plan. 3 Under the Enterprise for the Americas Initiative and other programs, many nations [[-- Jamaica, Bolivia, Chile, Colombia, Paraguay, Argentina, El Salvador, Uruguay --]] have reduced, or shortly will reduce, their official debt with the United States. The Initiative allows interest payments on official debt to be channeled into trust funds that protect the environment and support programs for child survival. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. 4 This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Wall, chipping away with his hammer and chisel; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that those images were preceded by a democratic revolution in Latin America. No people struggled for freedom against oppression more bravely than the people of this hemisphere. Here, too, in the Americas we are constructing a hopeful model of the new post-Cold War world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation and success in resolving the conflicts that have tormented Central America. And as recent proof of the progress we've made, just two days ago, we celebrated the end of war in El Salvador. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. 5 Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened the eyes of this hemisphere's citizens to the wider world; we are no longer blind to limits on legitimate political participation, to official corruption, or to economic favoritism. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of European heritage from indigenous peoples -- these gulfs must be bridged. Economic reform must ensure upward mobility and new opportunities for a better life for all citizens of the Americas. To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services; their institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. We face a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for more than ever before, our future is bound up with the future of the Americas. This is the fastest growing region in the world for U.S. products. In the struggle to defend democracy, our most cherished values are at stake. 6 Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of human knowledge are harnessed for all. More than 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we take another giant step towards making the dream a reality. Thank you very much. # # # WASHFAX RECEIPT DEPARTMENT OF STATE 0 C B S/S # 090537 MESSAGE NO. CLASSIFICATION Unclass No. Pages 1 FROM: WILL ITOH S/S 202-647-8448 7225 (Officer name) (Office symbol) (Extension) (Room number) MESSAGE DESCRIPTION WHITE HOUSE STATEMENT ON NAFTA TO: (Agency) DELIVER TO: Extension Room No. CABINET AFFAIRS PAUL KORFONTA 456-6630 FOR: CLEARANCE INFORMATION PER REQUEST X COMMENT REMARKS: STATE COMMENTS on NAFTA STATEMENT ATTACHED. S/S Officer: FORM OS-1760 7-77 The Department concurs in the proposed White House statement on NAFTA, with four minor modifications on page 2: In the paragraph on EAI debt: "El Salvador" and "Uruguay" should be added to the list of countries; "or other debt reduction programs." should be added to the end of the same sentence after " for the Americas Initiative"; Insert "EAI" before "debt" in the last sentence and add "and enhance child survival" at the end, so that the full sentence would read: "Interest payments on the remaining EAI debt will go into local trust funds to protect the environment and to enhance child survival." Document No. 367274 action KC J MJB DFB WHITE HOUSE STAFFING MEMORANDUM PW, JDF DATE: 12/12/92 ACTION/CONCURRENCE/COMMENT DUE BY: 5:00 pm / MON. / 12-14 PROPOSED PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES SUBJECT: THURSDAY, DECEMBER 17, 1992 ACTION FYI ACTION FYI VICE PRESIDENT MCBRIDE BAKER MOORE SCOWCROFT MULLINS > DARMAN PETERSMEYER BATES PORTER > BRADY SMITH > BROMLEY TUTWILER CALIO ZOELLICK DEMAREST MCGROARTY FITZWATER BOSKIN GRAY DELAND HOLIDAY HORNER REMARKS: Please provide your comments on the attached directly to Dan McGroarty, Rm 122, x2930, with a copy to this office NO LATER THAN 5:00 p.m., MONDAY, DECEMBER 14. Thank you. RESPONSE: Cannents P2 PHILLIP D. BRADY KC 7ung Assistant to the President and Staff Secretary 12/14/92 Ext. 2702 THE WHITE HOUSE WASHINGTON December 11, 1992 12 A12: 24 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT ZOELLICK RBZ FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas. The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and a complement to your Texas A & M speech on Tuesday. 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen Eight other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Uruguay, El Colombia, Paraguay, Argentina -- have, or shortly will, reduce salvador Upon completion of a subsequent America's fund agreement, the their official debt with the United States under Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the and to environment and 1 children. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay 3 the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall with a hammer and chisel chipping the wall away; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. Enterprise and initiative, imagination and energy -- all are required to create the conditions for that better life. 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of technology are harnessed for all. 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took another giant step towards making it a reality. Thank you very much. # # # United States Trade Representative, Carla Hills the Honorable Julius Katz (deputy to Carla Hills) James Baker Arnold Kanter (acting Secretary of State) Bernie Aronson, Assistant Secretary of State General Scowcroft Secretary General Baena-Soares [bena SOR ehz] Mexican Ambassador to the United States, Gustavo Petricioli Canadian Derek H. Burney OAS Chief of Protocol Anna Colomar 0 Brian US Ambassador to OAS Luis Einaudi Current and Former Members of the Cabinet Labor Sec. Lynn Martin Secretary of the Interior Manuel Lujan EPA Administrator Bill Reilly former Secretary of Commerce Bob Mosbacher Secretary of Energy Admiral Watkins Secretary of Commerce, Barbara Franklin - Members of Congress and the Senate contact Cathy Lydon 3350 NSC 3 E Under the Enterprise for the Americas Initiative, many nations [[-- Jamaica, Bolivia, Chile, Colombia, El Salvador, Uruguay --]] have reduced, or shortly will reduce, their official debt with the United States. The Initiative allows interest payments on official debt to be channeled into trust funds that protect the environment and support programs for child survival. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United My talks with the hemisphere States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for Goder is recent weeks show a story consivous that responsibility. Those goals are rapidly becoming a reality. relation between its u.s. and the better neighbors have never been progress, of a partnership built on mutual respect and shared I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. 12/16/92 13:55 001 United States Department of State Washington, D.C. 20520 FAX COVER SHEET DEPARTMENT OF STATE BUREAU OF INTER-AMERICAN AFFAIRS WASHINGTON, D.C. Fax # 202-647-0791 Date 12/16 TO: Dana mc Groasty FROM: Bernie aronson Number of pages including this cover: 8 REMARKS: If there are problems with this fax transmission, pls call ARA 202-647-9227. 12/16/92 13:55 002 SENT BY:Xorox Telecopier 7020 :12-18-92 12:55PM ; West Wing (1st Fir)- 96470781:# 1. 456-6218 8976 Dana December 15, 1992 Mc groanty DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders It will link joining the United tates in a permanent Partner, fn on the globa, Wercan scarcely imagine today the economic energy we will release tomorrow when 360 million citizens are set free grawth with the to build and buy and invest in the biggest froe market the world (see other draft) has ever seen. (4) and dirst I want to pay a personal tribute to my partners in this third endeavor a- two rare and gifted leaders, and two special, valued jest friends -- without whose courage, leadership, and vision this day would not have come. When the history of our era is written, it parting will be said that the citizens of all the Americas were truly mexics a fortunate that Mexico and Canada -- two great nations and two 4 proud peoples -- vere led by President Carlos Salinas and Prime Minister Brian Mulroney. For Mexico especially, the NAFTA is a bold undertaking, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 12/16/92 13:56 003 SENT BY:Xcrox Telecopier 7020 :12-16-92 :12:56PM : West Wing (1st Fir)- 96470781:# 2 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired us all -- the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun soon here today, I believe the time will come A when trade 1s free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding presperity. I hope and trust that the North American Free Trade area can be extended to chile and other worthy partners in South America, Central America, and the caribbean. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under their. leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Let me offer a brief aside about the Brady Plan. I remember telling my good friend, Secretary Nick Brady -- okay, we'll call it the Brady Plan. But if it's successful, we're going to call it the Bush Plan. I think history will show that the leadership of our distinguished Treasury Secretary did pay off -- the Plan has been highly successful. And by the way, the name will always be -- and should always be -- the Brady Plan. Under the Enterprise for the Americas Initiative and other programs, many nations [[-- Jamaica, Bolivia, Chile, Colombia, 12/16/92 13:56 004 SENT BY:Xcrox Telecopier 7020 :12-16-92 :12:56PM ; West Wing (lot Fir)- 96470791:# 3 3 Paraguay, Argentina, El Salvador, Uruguay --1] have reduced, or shortly will reduce, their official debt with the United States. The Initiative allows interest payments on official debt to be channeled into trust funds that support environments. and child surretal to motest the support programs Jeal deve Topment projects To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas, Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves - of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear Preaident-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see 12/16/92 13:57 SENT BY:Xcrox Telecopior 7020 :12-16-92 :12:57PM : West Wing (1st Fir)- 005 96470791:# 4 4 unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Wall, chipping away with his hammer and chisel; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remember ed that the global there ourines were meedal can - democratic revolution surged began forward in Latin America. No people struggled for freedom against oppression more bravely than the people of this hemisphere. Ne people sacrificed more to create a two new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- otrategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of and success in multilateral cooperation to help resolve/the conflicts that have tormented Central America. Just two days ago, we celebrated the end as the was in E1 Salvador. where buth the United In this hemisphere, we have forged a new partnership to WD among consumeral defeat the global menace of narco-trafficking. 0 anyther caunt net an our land & still, we are not satisfied. The birth of democracy has mode raised expectations throughout the Americas; now democracy must 3 d. new the of Totente [non] plants deliver. The communications revolution has opened our eyes to this citizens to the wider world; we are no longer blind to limite on legitimate they will, the w longer 3 The and elefend me. 12/16/92 13:57 006 SENT BY:Xerex Telecopier 7020 :12-16-92 :12:57PM : West Wing (1ot Fir)- 96470781:# 5 being shut out of closed political as Closed physeconomic stems or political participation, to official corruption, or favorities. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be bridged. Economic reform must ensure upward mobility and new opportunities for a better life for all citizens of the Americas. To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services; their institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. We face a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for more than ever before, our future is bound up with the future of the This is the fas test growing regional market 14 Americas. In the struggle to defend democracy; our most charished values are at stake. wind the for This year marks the 500th anniversary of a voyage of products U.S. discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York and listen to the language of our neighborhoods. We are tied to the Americas, not just by 12/16/92 13:58 007 SENT BY:Xcrox Telecopier 7020 112-16-82 :12:58PM : Weet wing (1st Flr) 1 964707911# 6 6 geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of human knowledge are harnessed for all. More then 150 years ago, Simon Bolivar, (ses-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in healt, subject to one law, and guided by the torch of liberty." MY friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we take another giant step towards making the dream a reality. Thank you very much. 12/16/92 13:58 008 12/9/92 DRAFT NAFTA SIGNING REMARKS In every era there are certain defining moments. Such moments chart a path towards a new, more hopeful future. They give concrete shape to a vision that once appeared to be a dream. The signing today of the North American Free Trade Agreement, in Washington, Ottawa, and Mexico City, is such a defining moment. This agreement, once fully implemented, will remove the barriers to trade, commerce, and investment throughout North America. It will create the largest free trade regime the world has ever known. For the citizens of the United States, this agreement represents an historic opportunity to join in a permanent partnership for growth with our first and third largest trading partners, Canada and Mexico. The two longest undefended borders in the world today are those which join our three countries. The peace and friendship we have long enjoyed as neighbors will now be strengthened by the K explosion of growth and trade let loose by the combined energies of our 360 million citizens trading freely across our borders. SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:45PM ; OPD-> 2024566218:# 1 SENT BY:Xerox Telecopier 7020 12-14-92 ; 14:38 ; The White House- OPD:# 1 Decument No. 367274 WHITE HOUSE STAFFING MEMORANDUM DATE: 12/12/92 ACTION/CONCURRENCE/COMMENT DUE BY: 5:00 pm / MON. / 12-14 PROPOSED PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES SUBJECT: THURSDAY, DECEMBER 17, 1992 ACTION FYI ACTION FYI VICE PRESIDENT MCBRIDE BAKER MOORE SCOWCROFT MULLINS DARMAN PETERSMEYER BATES PORTER BRADY SMITH BROMLEY TUTWILER CALIO DEMAREST MCGRCARTY FITZWATER BOSKIN GRAY DELAND HOLIDAY HORNER REMARKS: Please provide your comments on the attached directly to Dan McCroarty, Rm 122, x2930, with a copy to this office NO LATER THAN 5:00 n.m., MONDAY, DECEMBER 14. Thank you. RESPONSE: see Treasury insert Paul DOC comments. PHILLIP D. BRADY SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:46PM ; OPD-> 2024566218:# 2 SENT BY:Xerox Telecopier 7020 12-14-92 : 14:38 ; The White House+ OPD:# 2 THE WHITE HOUSE WASHINGTON December 11, 1992 A12: 24 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT SOELLICK 282 FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas, The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and & complement to your Texas A & M speech on Tuesday. SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:46PM ; OPD-> 2024566218;# 3 SENT BY:Xerox Telecopier 7020 12-14-92 ; 14:39 ; The White House- OPD:# 3 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by change -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globa. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. Ande (DOC) I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas ware truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. Extended Page 3.1 It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:47PM ; OPD-> 2024566218:# 4 SENT. BY:Xerox Telecopier 7020 :12-14-92 : 14:40 ; The White House- OPD:# 4 a the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what We have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbaan 1 oc Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalisation is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For bee Treasury the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Colombia, Paraguay, Argentina -- have, or shortly will, reduce their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist aconomies, Latin America Shines Extended Page 4.1 - ----- example or hope that hyperinflation can be tamed, growth can be revitalised, and new investment and trade can accelerate if developing nations stay SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:48PM ; OPD-> 2024566218:# 5 DEC 14 '92 10:02 P.2/2 Trousury Inskit Comments on President's NAFTA Speech Paragraph 2 ("Today, as a result, the hemisphere .); rewrite third, fourth, and fifth sentences to read as follows: Eight major Latin American debtor nations, from Mexico to Argentina, have negotiated agreements to reduce and restructure their commercial bank debt under the Brady Plan. Half a dozen other nations -- Bolivia, Chile, Colombia, El Salvador, Jamaica, and Uruguay -- have reduced their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to support environmental and child development projects. Ask PaterBarlow Barlow 622-0042 Geithner 622-0070 EAL 1850 622 SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:48PM ; OPD-> 2024566218:# 6 SENT BY:Xerox Telecopier 7020 :12-14-92 ; 14:40 ; The White House- OPD:# 5 3 the course through the difficult challange of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revelutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enermeusly gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a breader and, I balieve, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is ever; democracy has prevailed. Today, we see unfolding around the world & revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall with a hummer and chisel chipping the wall away) Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Extended Page 6.1 Here, in this hall, it is worth remembering that the global democratic revelution surged forward in Latin America. No people SENT BY:Xerox Telecopier 7020 :12-14-92 ; 5:49PM ; OPD-> 2024566218:# 7 SENT BY:Xerox Telecopier 7020 :12-14-92 14:41 The White House-> OPD:# 6 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world may to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. ( DOC) In this hemisphere, we have created new models of regional cooperation to help resolve the conflicts that have tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of naroo-trafficking. still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must daliver. The communications revolution has opened our eyes to the wider world, we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward all mobility and new opportunities for a better life for citizens. EXVENUES raye 1.1 . Enterprise and initiative, imagination and energy Mag all are required to create the conditions for that better life. SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:50PM ; OPD-> 2024566218:# 8 SENT BY:Xerox Telecopier 7020 12-14-92 i 14:41 ; The White House- OPD:# 7 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. X commend the new steps you took this week to suspand non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than over before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our despest values are at stake. This year marks the 500th anniversary of & voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York - and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before um, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, SENT BY:Xerox Telecopier 7020 12-14-92 ; 5:50PM ; OPD-> 2024566218:# 9 SENT BY:Xerox Telecopier 7020 12-14-92 ; 14:42 ; The White House- OPD:# 8 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took. another giant step towards making it a reality. Thank you very much. Extended Page 9.1 THE WHITE HOUSE WASHINGTON December 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT ZOELLICK RBZ FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas. The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and a complement to your Texas A & M speech on Tuesday. Anda- These from D's Bobz. senior at stoff Disin my marger. our 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired transfixed us all, the dream of a hemisphere united by economic (transfixed cooperation and free competition. Because of what we have begun ists here today, I believe the time will come when trade is free from hold. place) Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, reduced, Colombia, Paraguay, Argentina -- have or shortly will reduce their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay 3 the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall and with a hammer and chisel chipping the wall away; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 4 insultanias struggled for freedom against oppression more bravely than the (zechs? people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to are longer blind the wider world; we cannot close them to limits on legitimate political faventism participation, to official corruption, or to economic an elite protection for the favored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish bridged? heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. Enterprise and initiative, imagination and energy -- all are required to create the conditions for that better life. 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new effective means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special faces responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. goods 7 searices, This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of technology are harnessed for all. OR innovation 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took another giant step towards making it a reality. Thank you very much. # # # Document No. 36727458 WHITE HOUSE STAFFING MEMORANDUM DATE: 12/15/92 ACTION/CONCURRENCE/COMMENT DUE BY: --- PRESIDENTIAL REMARKS: NAFTA SIGNING CEREMONY SUBJECT: THURSDAY, DEC. 17 - 2:30 p.m. OAS BLDG. ACTION FYI ACTION FYI VICE PRESIDENT MCBRIDE BAKER MOORE SCOWCROFT MULLINS DARMAN PETERSMEYER BATES PORTER BRADY SMITH BROMLEY TUTWILER CALIO ZOELLICK DEMAREST BOSKIN FITZWATER DELAND GRAY MCGROARTY HOLIDAY HORNER REMARKS: The attached has been forwarded to the President. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON 2/2/2015 P2:22 15 December 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAN MCGROARTY Duer FROM: ANDREW FERGUSON as SUBJECT: NAFTA SIGNING CEREMONY On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico city. This draft includes your paragraph on the Brady Plan (p. 2) and reflects staff comments as well. 8976 December 15, 1992 DRAFT PRESIDENTIAL REMARKS: wow NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the In United States of America. VS By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and first for generations yet unborn. This agreement will remove barriers fund your trade and investment across the two largest undefended borders The peacess (Rustore) on the globe We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor -- two rare and gifted leaders, and two special, valued friends -- without whose courage, leadership, and vision this day would not have come. When the history of our era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada -- two great nations and two proud peoples -- were led by President Carlos Salinas and Prime Minister Brian Mulroney. For Mexico especially, the NAFTA is a bold undertaking, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long inspired us all -- the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come, when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and the Caribbean. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under their leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Let me offer a brief aside about the Brady Plan. I remember telling my good friend, Secretary Nick Brady -- okay, we'll call it the Brady Plan. But if it's successful, we're going to call it the Bush Plan. I think history will show that the leadership of our distinguished Treasury Secretary did pay off -- the Plan has been highly successful. And by the way, the name will always be and should always be -- the Brady Plan. Under the Enterprise for the Americas Initiative and other programs, many nations [[-- Jamaica, Bolivia, Chile, Colombia, 3 Paraguay, Argentina, El Salvador, Uruguay --]] have reduced, or shortly will reduce, their official debt with the United States. The Initiative allows interest payments on official debt to be protect the channeled into trust funds that support environmental and child deve lopment projects forcheld programs To those in other regions struggling to reform statist survice. economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has altered forever the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to hear President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see 4 unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Wall, chipping away with his hammer and chisel; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup the then global plotters. Those ups Here, were in this hall it is worth remembering that the -global procededby Negron has gone whose fee, victorya democratic revolution surged in Latin America. No people struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here, too, in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. Shape This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolvé in the conflicts that have + success in tormented Central America. just 2 Juyo ago, we a Whrabed In this hemisphere, we have forged a new partnership to The end defeat the global menace of narco-trafficking. of the still, we are not satisfied. The birth of democracy has was raised expectations throughout the Americas; now democracy must citylus other Reserisphere this El on deliver. The communications revolution has opened our eyes to they will Calo. the wider world; we-are no 'longer blind to limits on legitimate 5 political participation, to official corruption, or to economic favoritism. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish European) heritage from indigenous peoples -- these gulfs must be bridged. Economic reform must ensure upward mobility and new opportunities for a better life for all citizens of the Americas. To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services; their institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and to control the competition in conventional weaponry. wor In all this, the United States bears a special responsibility. We face a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for more than The ever before, our future is bound up with the future of the Americas In the struggle to defend democracy, our most cherished values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by 6 geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of human knowledge are harnessed for all. More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we take another giant step towards making the dream a reality. Thank you very much. # # # Document No. 367274 WHITE HOUSE STAFFING MEMORANDUM DATE: 12/12/92 ACTION/CONCURRENCE/COMMENT DUE BY: 5:00 pm / MON. / 12-14 PROPOSED PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES SUBJECT: THURSDAY, DECEMBER 17, 1992 ACTION FYI ACTION FYI VICE PRESIDENT X MCBRIDE BAKER MOORE SCOWCROFT MULLINS DARMAN PETERSMEYER BATES PORTER N/C BRADY SMITH N/C BROMLEY TUTWILER CALIO X ZOELLICK DEMAREST NK MCGROARTY FITZWATER A BOSKIN GRAY \ DELAND HOLIDAY HORNER REMARKS: Please provide your comments on the attached directly to Dan McGroarty, Rm 122, x2930, with a copy to this office NO LATER THAN 5:00 p.m., MONDAY, DECEMBER 14. Thank you. RESPONSE: called 4:30 PHILLIP D. BRADY 5:45 Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON December 11, 1992 400012 A12:24 MEMORANDUM FOR THE PRESIDENT THROUGH: ROBERT ZOELLICK RBZ FROM: ANDY FERGUSON at SUBJECT: NAFTA SIGNING On Thursday, December 17, at 2:30 p.m., you will address an audience of 300 people in the OAS Building's Hall of the Americas. This is one of three signing ceremonies taking place simultaneously in Washington, Ottawa, and Mexico City. Your remarks (12 minutes, prompter) discuss the importance of the NAFTA and its place in the democratic revolution underway in the Americas. The remarks are meant to convey a broader message about the new approach to the hemisphere established through your policies. As such, we believe it is an important "baseline" of achievement and a complement to your Texas A & M speech on Tuesday. 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Colombia, Paraguay, Argentina -- have, or shortly will, reduce their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stay 3 the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to a courageous group of democratic leaders in Latin America and the Caribbean. Their revolutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enormously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I believe, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for ourselves -- of a good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's epic struggle between totalitarianism and democracy is over; democracy has prevailed. Today, we see unfolding around the world a revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- a citizen of Berlin, sitting atop the Berlin Wall with a hammer and chisel chipping the wall away; Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and coup plotters. Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. Enterprise and initiative, imagination and energy -- all are required to create the conditions for that better life. 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, and the gifts of technology are harnessed for all. 6 More then 150 years ago, Simon Bolivar, (see-MONE-bo-LEE- var) the liberator whose statue stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." My friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took another giant step towards making it a reality. Thank you very much. # # # DEC 15 '92 9:56 PAGE. 001 Instructions to Sender: Please be certain all shaded areas are completed and no staples. FACSIMILE COVER SHEET OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE Executive Office of the President Washington, D.C. 20506 Section # 8 Date Time Sent 12/15/92 C.D. Log Number Number of Pages Excluding Cover TO: NAME: AGENCY: PHONE #: FAX #: PAUL KDRfooT, CABINET A ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) POLICY COORDINATION ... FROM: FRed montgomery PHONE: 202-395-7210 FAX #: (202) 395-3640 CONTACT: If There are any problems please call: (202)395-7210 SUBJECT: NAFTA signing Changes / DE/C 15 '92 9:57 PAGE. 003 SENT BY:Xerox Telecopier 7020 12-14-92 ; 2:34PM ; OPD-3953640 :# 2 SENT BY:Xerox Telecopier 7020 12-14-92 ; 14:39 : The White House- OPD:# 3 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF TME AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowledgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United states of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globa. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas ware truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carles salinas and Prime Minister Brian Mulroney. Especially for Mexico, the NAFTA is a bold new undertating made possible by President Salinas' brave reforms to open $ invigorate the Mexican economy. Extended Page 3.1 It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 2024567739 PAGE.002 DEC 14 '92 14:20 DEC 15 '92 9:58 PAGE. 004 SENT BY:Xerox Telecopier 7020 12-14-92 ; 2:35PM ; OPD-3953640 ;# 3 SENT BY:Xerox Telecopier 7020 :12-14-92 : 14:40 ; The White House- OPD:# 4 2 the Organisation of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalisation is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every majer debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaioa, Haiti, Nicaragua, Bolivia, reduced Honduras, Chile, (USTR) Colombia, Paraguay, Argentina -- have, or shertly will, reduce reduce their official debt with the United States under the Enterprise for the Americas Initiative. Interest payments on the remaining debt will go into local trust funds to protect the environment. To those in other regions struggling to reform statist aconomies, Latin America shines as a solid example of hope that Extended Page 4.1 hyperinflation can be taxed, growth can be revitalised, and new investment and trade san ascelerate if developing nations stay 2024567739 PAGE.003 DEC 14 '92 14:21 DEC 15 '92 9:58 PAGE. 005 SENT BY:Xerox Telecopier 7020 112-14-92 ; 2:36PM : OPD-3953640 # 4 SENT BY:Xerox Telecopier 7020 112-14-92 ; 14:40 : The White House-> OPD:# 6 3 the course through the difficult challenge of economic restructuring. These profound economic changes are a tribute to 2 courageous group of democratic leaders in Latin America and the Caribbean. Their revelutionary vision has changed permanently the face of the Americas. Their friendship and counsel have been enermously gratifying to me as President. But these profound changes, along with the NAFTA itself, reflect a broader and, I balieve, more fundamental change in relations between the United States and the nations of this hemisphere. For many decades, we have proclaimed ambitious goals for curselves - of good neighbor policy, of an alliance for progress, of a partnership built on mutual respect and shared responsibility. Those goals are rapidly becoming a reality. I believe that in the future America's relations with Latin America and the Caribbean will grow even stronger. I was pleased to see President-elect Clinton affirm that goal in his remarks recently to both the Rio Group and to the Caribbean-Latin America Action Conference. This century's apic struggle between totalitarianism and democracy is ever; democracy has prevailed. Today, we see unfolding around the world à revolution of hope and courage, propelled by the aspiration of ordinary people for freedom and a better life. The world will long remember the images of that struggle -- at citizen of Berlin, sitting stop the Berlin Wall with a hammer and chisel chipping the wall away, Boris Yeltsin and his followers waving the flag of free Russia, defying the tanks and cente eletters. Extended Page 5.1 Here, in this hall, it is worth remembering that the global democratic revolution surged forward in Latin America. No people 2024567739 PAGE 004 DFC 14 '92 14:21 DEC 15 '92 9:59 PAGE. 006 SENT BY:Xerox Telecopier 7020 112-14-82 ; 2:36PM ; OPD-3953640 :# 5 SENT BY:Xerox Telecopier 7020 112-14-92 i 14:41 The White House* OPD:# 6 4 struggled for freedom against oppression more bravely than the people of this hamisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world - to take on, through the Santiago Declaration, the fermal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons - have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cosperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menage of narco-trafficking. still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas, now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the fevored few. If democracy is to be consolidated, the gulfs that separate the few who are very rich from the many who are very poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be harrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. Extended Page 6.1 Enterprise and initiative, imagination and energy Mm All are required to create the conditions for that better life. 2024567739 PAGE. 005 DEC 14 '92 14:22 DEC 15 '92 10:00 PAGE. 007 SENT BY:Xerox Telecopier 7020 :12-14-92 ; 2:37PM ; OPD-3953640 :# 6 SENT BY:Xerox Telecopier 7020 :12-14-92 ; 14:41 : The White House++ OPD:# 7 5 To fulfill its premise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial justice, and the rule of law. Democratic governments must deliver basic services, and democratic institutions must be strangthened and modernized. TO defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the compatition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- fer, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our despest values are at stake. This year marks the 500th anniversary of a voyage of discovery to the new world. Let this also be a time of rediscovery for my country, the United States, of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York - and listen to the language of our neighborhoods. We are tied to the Americas, not just by geegraphy or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can ba, as well, a sone of paace, where trade Flowa freely. promority is shared. the rule of 1aw is respected. Extended Page 7.1 and the gifts of technology are harnessed for mll, 2024567739 PAGE.006 DEC 14 '92 14:23 DEC 15 '92 10:01 PAGE. 008 SENT BY:Xerox Telecopier 7020 112-14-92 ; 2:37PM ; OPD-3953640 :# 7 SENT BY:Xerox Telecopier 7020 112-14-82 ; 14:42 ; The White House* OPD:# 8 6 More then 150 years ago, Simon Boliver, var) the liberator whose status stands outside this hall, spoke about "an America united in heart, subject to one law, and guided by the torch of liberty." MY friends: here in this hemisphere we are on the way to realizing Bolivar's dream. Today, with the signing of the North American Free Trade Agreement, we took. another giant stop towards making it a reality. Thank you very much. andy -- I've done a master for NAFTA. please note the factual question on p. 2. I'd prefer to go with something close to what CEA and Treasury have. CEQ has suggested several inserts. (See attached to master. ) I think we can use them to amplify what we've got, but I don't want to add them in full. What do you think? Also, Potus wants to add a Brady insert -- see folder. We should plan on sending this up by Noon. Amer SENT BY:CEQ Jackson PI. 12-14-92 ; 7:30PM ; 2023953744- 2 CEQ 2024566218:# 2 the Organization of American States. For the NAFTA represents the first giant step towards fulfillment of a dream that has long transfixed us all, the dream of a hemisphere united by economic cooperation and free competition. Because of what we have begun here today, I believe the time will come when trade is free from Alaska to Argentina, when every citizen of the Americas has the opportunity to share in new growth and expanding prosperity. I hope and trust that the North American Free Trade area can be extended to Chile and other worthy partners in South America, Central America, and in the Caribbean Basin. Free trade throughout the Americas is an idea whose time has come. A new generation of democratic leaders has staked its future on that promise. Under that generation's leadership, a tide of economic reform and trade liberalization is transforming the hemisphere. Today, as a result, the hemisphere is growing again. For the first time in years more capital is flowing into the Americas for new investment than is flowing out to repay old debt. Every major debtor nation, from Mexico to Argentina, has negotiated a successful agreement to reduce and restructure its commercial bank debt under the Brady Plan. Nearly a dozen other nations -- Guyana, Jamaica, Haiti, Nicaragua, Bolivia, Honduras, Chile, Colombia, Paraguay, Argentina -- have, or shortly will, reduce their official debt with the United States under the Enterprise for the Americas Initiative Interest payments A on the remaining see INSERT expand no debt will go into local trust funds to protect the environment. envt To those in other regions struggling to reform statist here economies, Latin America shines as a solid example of hope that hyperinflation can be tamed, growth can be revitalized, and new investment and trade can accelerate if developing nations stav SENT BY:CEQ Jackson PI. :12-14-92 ; 7:31PM ; 2023953744- 2024566218:# 3 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a ? new life. Here in the Americas we are constructing a hopeful model of the new post-cold war world of which we dream. antward phrasing This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this hemisphere, the weapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons -- have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. INSERT B In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. we need to give freedom its full meaning - including freedom from want, If democracy is to be consolidated the gulfs that separate Fredom negative and the few who are very rich from the many who are very poor, that from divide civilian from military institutions, that split citizens fear, and unkward Fredam of Spanish heritage from indigenous peoples -- these gulfs must from an be narrowed. unsafe Economic reform must ensure upward mobility and environment. new opportunities for a better life for ordinary citizens. Enterprise and initiative, imagination and energy -- all are ankward required to create the conditions for that better life. phrasing SENT BY:CEQ Jackson PI. 12-14-92 ; 7:31PM ; 2023953744- 2024566218;# 4 5 To fulfill its promise, democratic government must guarantee not only the right to regular elections, but human rights and property rights, swift and impartial Justice, and the rule of (and a better guality of life law. Democratic governments must deliver basic services, and reducidants ml above democratic institutions must be strengthened and modernized. To defend democracy successfully, the OAS must strengthen the tools at its disposal. I commend the new steps you took this week to suspend non-democratic regimes. Together we must also create new means to end historic border disputes and construct new regimes to control the competition in conventional weaponry. In all this, the United States bears a special responsibility. It is a moment of maximum opportunity -- but also continued risk. We must remain engaged -- for, more than ever before, our future is bound up with the future of the Americas. In the struggle to defend democracy, our deepest values are at stake. This year marks the 500th anniversary of a voyage of This is also discovery to the new world. Let this also be] be a time of rediscovery for my country, [the United States of the importance of our own hemisphere. Travel to Miami or El Paso, Los Angeles or Chicago or New York -- and listen to the language of our neighborhoods. We are tied to the Americas, not just by geography or history, but by who we are as a people. No one knows that more profoundly than this proud grandfather. If we are equal to the challenges before us, we can build in the Americas the world's first completely democratic hemisphere. This hemisphere can be, as well, a zone of peace, where trade flows freely, prosperity is shared, the rule of law is respected, nature and and the gifts of technology are harnessed for all. Bernie's comments: Page 1: He believes "especially" should be removed. Would be unfortunate for the Canadians; not really the way to start out for Mexico. page 4: Wd like to add the words "throughout our hemisphere" where noted. Wd like to delete the last sentence of this same para. Perhaps too Pollyannaish. Co per Andy Sens 647-5780 12/14 3:30 pm Dan, RBZ agrees w/Bernie Aronson's comments as noted here. Pls incorporate them. thanks Cozetta 12/14 5:30 PM 12/14/92 15:35 1 002 SENT BY:Xcrox_Teiccopier 7020 :12-14-82 ; 4:02PM ; West Wing (1st Fir)- 95470791:# 2 8976 December 11, 1992 DRAFT PRESIDENTIAL REMARKS: NAFTA SIGNING ORGANIZATION OF THE AMERICAN STATES THURSDAY, DECEMBER 17, 1992 (Acknowladgements) Throughout history, the destiny of nations has often been shaped by chance -- by the things that happen to them. Then there are those unique nations who shape their destinies by choice -- by the things that they make happen. Three such nations come together today: Mexico, Canada, and the United States of America. By signing the North American Free Trade Agreement, we have committed ourselves to a better future -- for our children and for generations yet unborn. This agreement will remove barriers to trade and investment across the two largest undefended borders on the globe. We can scarcely imagine today the economic energy we will release tomorrow, when 360 million citizens are set free to build and buy and invest in the biggest free market the world has ever seen. I want to pay a personal tribute to my partners in this endeavor, two rare and gifted leaders, and two special, valued friends, without whose courage, leadership, and vision this day would not have come. When the history of this era is written, it will be said that the citizens of all the Americas were truly fortunate that Mexico and Canada, two great nations and two proud peoples, were led by President Carlos Salinas and Prime Minister Brian Mulroney. X for Mexico, the NAFTA is a bold new experiment, made possible by President Salinas' brave reforms to invigorate the Mexican economy. It is especially fitting that an American President sign this agreement in this great Hall of the Americas, the home of 12/14/92 15:36 003 SENT BY:Xcrex Telecopior 7020 12-14-92 : 4:03PM ; Wost Wing (1ct Fir)- 96470791:# 5 4 struggled for freedom against oppression more bravely than the people of this hemisphere. No people sacrificed more to create a new life. Here in the Americas we are constructing A hopeful model of the new post-cold war world of which we dream. This is the first hemisphere -- and the OAS is the first regional organization in the world -- to take on, through the Santiago Declaration, the formal, collective responsibility to defend democracy. In this homisphere, the veapons of mass destruction -- strategic missiles as well as nuclear, chemical and biological weapons have been rejected voluntarily. In this hemisphere, we have created new models of multilateral cooperation to help resolve the conflicts that tormented Central America. In this hemisphere, we have forged a new partnership to defeat the global menace of narco-trafficking. Still, we are not satisfied. The birth of democracy has raised expectations throughout the Americas; now democracy must deliver. The communications revolution has opened our eyes to the wider world; we cannot close them to limits on legitimate political participation, to official corruption, or to economic protection for the favored few. If democracy is to be consolidated, the gulfs that separate throughout our hempsphere the few who are very rich from the many who are vary poor, that divide civilian from military institutions, that split citizens of Spanish heritage from indigenous peoples -- these gulfs must be narrowed. Economic reform must ensure upward mobility and new opportunities for a better life for ordinary citizens. required Enterprise to and create initiative, the conditions imagination for that and better energy life all are