Together We Vote Announces Voter Turnout Initiative CSPAN August 3, 2016 1:34am-1:52am EDT
statecraft at this point with russia. if in fact russia engaged in this activity, it's a long list of issues that me and vladimir putin talk about. i have a real problem with it. i don't think it wildly swings what is a tough, difficult relationship we have right now. it's not going to stop us from trying to pursue solutions so that we can implement the minsk agreement and get russia and those separatists to lay down arms and stop bullying ukraine. it won't stop us from bringing a political transition inside syria that can and the hardship there.
prime minister lee: can i say something about tpp? i don't want to get into your domestic politics. looking at someone who is someone who has been intimately involved in triggered the whole process, it has become this important initiative. the economic arguments for the tpp in terms of trade, i think the president has presented them eloquently. it is a deal the countries have negotiated. each one provides market access on their side in return for gaining market access on the other side. they are committing to rules. it is a hard fought bargaining ross us.
the negotiators spent many trips and nights and many dawns and find out. at the and of it, everybody must decide is a plus or minus for them? in your case, i think mike froman did a very good job. ours did the best they could bring back something the political leadership could stand by and support. it's an achievement that all the members of the tpp at the end of this are still with us. nobody has struck out of this. there is something in it for each one of us. i think we should look at the other side of the economic benefit. i am exporting. i am earning a job. i am spending and i am consuming and importing and because of this, i am getting a wider range of products and services and opportunities that will improve. people talk about walmart with product coming from all over asia.
who benefits? people in america. not just exporters. these are part of your invisible standard of living. it is real and it is valuable. in terms of the economic benefits, the tpp is a big deal. in terms of america's engagement in the region, you have put a reputation on the line. it is the big thing which america is doing in the asia-pacific with the obama administration. partners, your friends who have come to the table who have negotiated, each one of them has overcome some objection, some sensitivity, some political cost to come to the table and make this deal. if the bride doesn't arrive, i think people will feel very hurt.
it several of his predecessors thought seriously about participating in the tpp. they walked away. he wants to help. he wants his country to benefit and to open up its market. this is one way to do that. you don't do this. it hurts relationship with japan. it hurts your should. agreement with japan and the japanese living in on an uncertain world. they are depending on the american nuclear umbrella. on life-and-death, whom do i have to depend on?
this will not be set openly. i have no doubt. i think if you go beyond that, i would like the tea people question with an earlier question. where do we go for the next 50 years? that depends if we go toward interdependence and therefore peaceful cooperation or we go for self-sufficiency, rivalry, a higher risk of conflict. asia has tried both. the world has tried both. in the 1930's, with a very difficult international environment, you had a rivalry with japan which led to war. after the war, because america was open and because you
promoted trade and you encouraged investment and other countries to open up, the asia-pacific has been peaceful. if over the next 50 years you continue to work toward interdependence and cooperation and neutral prosperity, we can say these have been peaceful years and we have made further progress together. if you go in the opposite direction and you decide that this will split down the middle. i think that's a very different world. one of the reasons why you don't have a manageable relationship with china now is because you have trade. it is mutually that official.
both sides want to maintain that relationship. if you didn't, it would be like the soviet union during the cold war. you still had to find ways to work together, but it's much harder. the tpp does not include china. it points the direction toward the world. if you set the wrong direction, in the next 50 years maybe you will turn around, but it will cost you many years in the world will have to pay quite a high price. >> i am from the business times in singapore. good afternoon. i have two questions. everybody knows what the stakes are. what is the future of the tpp if it does not get ratified during the lame-duck session?
the fear is that if things wait too long, it might need to be opened up for re-negotiation. how can we reassure the nations and the people there is the political will to get this done as soon as possible? the second question is for president obama. we are almost at the end of your eight years in office. i would like you to evaluate progress regarding a ship. what is the thing you're most proud of? what is something you would have done it differently? what is your message to your successor to engage singapore, southeast asia, the
asia-pacific? prime minister lee: with respect -- president obama: with respect to tpp, i thought prime minister lee's points were right on target. this is an economic agreement. what we have learned in history is you can't separate economics and issues and security issues. the prime minister is right. we have benefited from a norm us enormous peace and prosperity around the world. we have had an unprecedented time where the great powers were not engaged in conflict. this was in part as a growing interdependence. if you think about those parts of the world where we still see conflict, where we still see high levels of violence, they are places that are less integrated into the world economy.
there is a reason for that. there is a powerful economic case, a bread-and-butter case about why this is good for american workers. it's ultimately good for american wages if it's structured properly. i think it's important for people to recognize that the alternative is not tpp or some imaginary circumstance in which something we are able to sell goods around the world wherever we want but nobody is able to
sell goods to us. we can operate anywhere around the world. that is not the alternative. the alternative is what we have today. a situation in which we don't have as many protections around aber and environmental issues as we would like. a situation in which there are countries like japan that sell a lot of goods here, but keep restricted access for u.s. companies and u.s. workers to their markets. prime minister lee is right. the prime minister of japan is taking some risks because he knows he needs to make his economy more competitive. this will open up access we haven't seen in the past. that is a big market. it is still one of the top three economies in the world.
the last point i would make around this is china. as prime minister lee mentioned, china is not part of the tpp. if we don't establish strong rules and norms for have trade and commerce is conducted in the asia-pacific region, china will. china is engaging all the countries in the region around its own version of trade agreements. they are not worried about labor standards or environmental standards or human trafficking or anticorruption measures. you get a low standard, lowest common denominator trade deal. if america is it creating high standards, china's rules will govern in the fastest-growing part of the world. that's bad for us economically.
it's also bad for security interests. it's bad for the interests in promoting norms against child labor or human trafficking or making sure everybody is working harder to raise conservation standards. that is the alternative. those are the options. i think it's important for us to get this done. nothing in life is certain. we've got a good track record of getting stuff done when i think it's important. i will say this: this is not just an obama administration initiative. this concept began in a republican administration. we pushed it through. we made it happen.
we made sure that the things that i care about were incorporated into it. historically this is had strong bipartisan support. we will go out there and make those arguments. i think we will be successful. in terms of my balanced legacy, across the board, we are in the game. we are focused on asia and away we weren't when i came into office. the countries have noticed. our alliances are strong. our security arrangements are deeper. whether in australia or the philippines or singapore, our defense budgets reflect our commitment to things like maritime security in the region.
the continuing efforts around building the east asia summit architecture means there is day-to-day attention around a bunch of issues whether it's disaster relief or public health or counterterrorism. there are consultations today that weren't taking place eight years ago. on every dimension, we are a much stronger position to engage, influence, and learn from our asia-pacific partners. the thing i enjoyed most was our young southeast asian leaders program.
whenever i meet with the young people, i am inspired. it makes me very optimistic about the future and what's going to happen. if you ask them about the future they want to see, they are very much committed to an interdependent world, a world in which people are learning and exchanging ideas and engaged in scientific and educational exchange. and a world in which people's different cultures and backgrounds are a source of asength and cooperation opposed to conflict and fear. and that is true in southeast asia, in africa, latin america. that's true in europe.
lot of this fear, the choice that was posed by prime minister that iself-sufficiency not achievable and ultimately rivalry and conflict, those who opt for rivalry are folks who are looking backwards. you talk to young people around the world, they understand interdependence is the way we are going to assure peace and prosperity for all of us, for years to come. thatat may be the thing has some of the most lasting impact. there are some future prime ministers and presidents and business leadersnd nonprofit leaders that are going to do great things and i'm glad to have played a small part in that. >> thank you.