    [Public Papers of the Presidents of the United States: William J. Clinton (1996, Book II)]
    [August 2, 1996]
    [Page 1247]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Japan-United States Semiconductor Agreement
    August 2, 1996

        I want to congratulate Ambassador Barshefsky and her entire
    negotiating team on the agreement reached today on semiconductors. Their
    tireless efforts to advance our Nation's economic interests around the
    world have reaped enormous benefits for America's businesses and
    workers.
        This agreement achieves our goals of transparency and monitoring of
    the semiconductor market to assure market access for our companies. The
    semiconductor industry serves as an engine for growth and jobs and has
    regained its position as world leader in semiconductor production.