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                    Office of the Press Secretary
                          (Denver, Colorado)
For Immediate Release                                  November 22, 1997
                       REMARKS BY THE PRESIDENT
                             UPON ARRIVAL
                     Denver International Airport
                           Denver, Colorado         

11:58 A.M. MST

THE PRESIDENT: Ladies and gentlemen, I would like to make a few remarks about the conference that I'm about to leave for of Asian Pacific leaders in Vancouver. But before I do I'd like to say a couple of words about a topic the city of Denver is very much focused on now.

Recently, this wonderful city has witnessed several vicious, violent crimes. The Justice Department has opened a civil rights investigation into at least one of those cases; therefore, I cannot comment specifically on it. But I can say this: We must not -- and I know the people of Denver will not -- tolerate acts of violence that are fed by hate against people of another color. And we must not tolerate violence and hatred targeted against police officers, the people who put their lives on the line for us every day. And finally, we must honor and support the efforts of our fellow Americans, like the courageous woman here in Denver, who act to prevent or mitigate such violence.

These tragic incidents are painful illustrations of why our recent White House Conference on Hate Crimes and our race initiative are so important, and why we have to do more to combat acts like this and to prevent them, by removing the poison that breeds them from all our hearts.

Let me also say it is wonderful to be back in Denver. I appreciate Governor Romer and Congressman Skaggs and Congresswoman DeGette for flying out here with me. And I was glad to be greeted by Mrs. Webb and a number of other officials. I want to thank the people of Denver again for the wonderful job they did in hosting the Summit of the Eight this summer. I'd also like to say a special word of appreciation to Congressman Skaggs as he leaves his career in Congress for all that he has done.

Now, as you all know, I'm on my way to Vancouver for a summit of leaders of the Asia Pacific region to continue our efforts to build a community of Asian Pacific nations dedicated to working together for security, prosperity and peace.

America is and must remain a Pacific power as we enter the 21st century. Our security demands it. We fought three wars in Asia in this century; 37,000 American troops still stand guard for freedom in Korea; a profound transition is underway in China, the most populous nation in the world. Our prosperity requires it because Asia buys nearly a third of what we sell abroad, supporting millions of high-paying American jobs. More than ever, America's future and Asia's future are joined.

With such deep stakes in the region, our security and our economic interests must go hand in hand, including strengthening our security alliances in the region with Japan and other nations, building a constructive relationship with China, promoting peace on the Korean Peninsula, where I am very pleased that we have a glimmer of hope in the initiation next month of the first permanent peace talks since the end of the Korean War, and opening the markets to American goods and services. APEC is an important forum for encouraging partnership and progress in these areas.

In 1993, I convened the first meeting ever of Asian Pacific leaders in Blake Island, where we embraced a common vision of an Asia Pacific community, of shared strength and prosperity and peace. Since then, we committed to achieve free trade in the area by 2020. We forged a blueprint to achieve our goal. We laid the foundation last year with concrete market opening initiatives, including an information technology agreement that cuts to zero tariffs in computers, semiconductors, and telecommunications. This amounts to a $5-billion cut on the sales of American high-tech products abroad, a cut that will lead, we believe, to hundreds of thousands of new high-paying American jobs.

Now, in Vancouver we'll take the next steps to make APEC work for our people. One of our top priorities there will be strengthening and stabilizing Asia's financial markets so that their economies and ours stay on the right track. That's important for America because our economic strength is increasingly tied to theirs.

To lay the groundwork for future growth, I'll also keep pushing to reduce barriers of trade to American products. These international trade and financial flows have helped to drive Asia's strong growth in the past, and if the leaders act aggressively to promote financial stability and to keep opening the markets at the same time, Asia's future growth prospects and, therefore, America's are stronger.

Our approach to financial stability stands on two pillars. First, each country must take responsibility for putting sound economic policies in place, including open and reliable economic information and solid financial deregulation -- regulation, excuse me -- to bolster investor confidence.

Second, the international community must be prepared to help countries that are taking the right measures themselves, with the International Monetary Fund playing the central role.

Last week in Manila, our Asia Pacific financial officials created a framework to promote these principles, establishing a process for countries to provide speedy financial support on a case-by-case basis to help a neighbor bolster its reserve with a second line of defense after IMF funding; setting up a regional forum to monitor, identify, and address risks to financial stability before they escalate; and recommending that in our global economy, where capital flows are faster than ever, the IMF create a new window for providing short-term financing. I'll be working closely with the other leaders in Vancouver to advance this framework for action. I'll also be working to keep on tearing down barriers to trade where America's competitiveness is strong.

Already, our exports to Asia are worth $250 billion. Imagine the opportunity for our workers and businesses as trade barriers are cut further. In all my discussion with Asian and with Latin American leaders, my message is clear -- we need to keep working to open these markets. It's the best path for prosperity, for growth, for good jobs, for better lives for people in America and people in all these other nations.

We can build this future of better prosperity, stability and prosperity we committed ourselves to in Blake Island Washington in 1993 if we keep working on it in Vancouver.

Thank you very much.

Q Mr. President, -- (inaudible) -- sanctions on Iraq?

THE PRESIDENT: I reiterated my position and I'll be glad to say it again. The United States is concerned about the welfare of the people of Iraq; we don't want to see them suffer unnecessarily. We took the lead in putting in place a policy in the United Nations that permits us to expand humanitarian assistance there. But the most important thing is that those inspectors need to be back at work and they need to work without impediment.

Mr. Butler gave a report today to the United Nations Security Council, which points out that there are still impediments to their work and he recommends a more robust inspection regime. That is what we need to focus on.

I understand President Yeltsin's position, and I thank him for the work they did to end the crisis, at least temporarily -- we hope it's ended permanently, but we're not sure. But keep in mind, it is more difficult for these inspectors to do their work with regard to biological and chemical weapons than it is with regard to missile and nuclear issues under their jurisdiction. And we have to do more.

And again I say, I want to compliment the members of the press. We sometimes have our differences, but I think there has been a real effort to make the public aware of the storage of chemical and biological agents that Iraq admitted having in 1989 and now has no records, cannot produce records proving it destroyed -- and then the admitted stores that were there in 1995, just two years ago.

So I just want to -- what I emphasized to President Yeltsin is we have come a long way by working together and we have to continue to work together. And the decisions about what to do with the inspections should be made based on the evidence, the facts, and the professional judgment of the inspectors. Neither the political inclinations of the United States, nor of our allies should control those decisions.

This is about the future safety not only of the people in Iran and on its borders, but indeed of the whole world. It's not hard to carry this stuff around in small amounts once it's developed.

So it was a very good conversation, a very forthright one, and I thought a constructive one, and I believe it will enable us to take the next steps by working together.

Thank you very much.

Q Mr. President, any reaction to the lawyers of the Justice Department recommending no independent counsel?

END 12:09 P.M. MST