[Weekly Compilation of Presidential Documents Volume 37, Number 27 (Monday, July 9, 2001)]
[Pages 1001-1003]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Joint Statement by President George W. Bush and Prime Minister Junichiro 
Koizumi: Partnership for Security and Prosperity

June 30, 2001

    President George W. Bush and Prime Minister Junichiro Koizumi met 
today at Camp David to reaffirm the partnership between the United 
States and Japan based on shared values, mutual trust, and friendship.

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Cooperation for Peace and Stability

    Welcoming the fiftieth anniversary of the U.S.-Japan security 
relationship, the President and Prime Minister reaffirmed that the U.S.-
Japan alliance is the cornerstone of peace and stability in the Asia 
Pacific region. The two leaders agreed on the importance of 
strengthening strategic dialogue, and decided to intensify consultations 
on the Asia Pacific region and other areas of the world. The President 
and Prime Minister emphasized the importance of encouraging China's 
constructive role in the international community and early accession to 
the WTO, working with the Republic of Korea to achieve peace on the 
Korean peninsula, furthering non-proliferation efforts around the globe, 
and promoting United Nations Security Council reform and obtaining for 
Japan a permanent seat on the Security Council.
    The President and Prime Minister decided to intensify consultations 
at various levels on further steps in security cooperation, building on 
continuing implementation of the Defense Guidelines. The two leaders 
noted that these consultations will focus on an assessment of the 
regional security environment, and areas such as force structure and 
force posture, security strategies, bilateral roles and missions during 
contingencies, and cooperation in peacekeeping. The two leaders 
reaffirmed that forward U.S. presence is critical to regional stability, 
and the President thanked the Prime Minister for Japan's host-nation 
support. They agreed on the importance of working on issues related to 
U.S. forces in Japan, such as the steady implementation of the SACO 
process to reduce the burden on the people of Okinawa, and thereby 
strengthen the U.S.-Japan alliance. Recognizing the growing threat from 
the proliferation of weapons of mass destruction and ballistic missiles, 
the two leaders emphasized the need for a comprehensive strategy to 
address this threat, including a variety of defense systems and 
diplomatic initiatives, such as arms reductions. The President and the 
Prime Minister agreed that the two governments should continue to 
consult closely on missile defense, together with strengthened non-
proliferation and counter-proliferation measures. The Prime Minister 
reiterated Japan's understanding regarding the President's call for 
exploring a new approach to transforming deterrence. The President and 
Prime Minister also reiterated the importance of cooperative research on 
ballistic missile defense technologies.

Economic Partnership for Growth

    The President and Prime Minister affirmed their belief that open 
markets and sound macroeconomic and regulatory policy are vital for 
sustained prosperity. The Prime Minister expressed his determination to 
vigorously and comprehensively implement structural and regulatory 
reform to revitalize the Japanese economy, including through effectively 
addressing corporate debt and non-performing loans. The President 
expressed his appreciation for the Prime Minister's plan, ``Structural 
Reform in the Japanese Economy: Basic Policies for Macroeconomic 
Management.'' The Prime Minister welcomed the President's strong 
intention to support sustained economic growth in the United States 
through tax cuts and other measures. They noted with satisfaction the 
completion of the Fourth Joint Status Report on Deregulation and 
Competition Policy, and called for increased collaborative efforts to 
improve their nations' climates for foreign direct investment.
    The two leaders announced the launch of a new bilateral economic 
initiative called the U.S.-Japan Economic Partnership for Growth 
(detailed in Annex). This initiative establishes a structure for 
cooperation and engagement on bilateral, regional and global economic 
and trade issues. Both governments also will engage in cooperative 
efforts to address other key issues.
    President Bush and Prime Minister Koizumi reaffirmed their 
determination to stay personally engaged in the effort to launch a new 
WTO round later this year in Qatar, to further liberalize world trade 
and to clarify, strengthen and extend WTO rules, so as to promote 
economic growth and equip the trading system to meet the challenges of 
globalization.

Cooperation on Global Challenges

    The President and Prime Minister recognized the past cooperative 
efforts of the two

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countries in tackling complex global challenges, and pledged to build on 
these successes to further expand bilateral global cooperation.
    The Prime Minister announced his intention to commit 200 million 
U.S. dollars for the Global Health Fund. The President, who has already 
pledged 200 million U.S. dollars to help establish the fund, welcomed 
the Prime Minister's announcement with gratitude.
    The President and Prime Minister expressed their shared 
understanding of the seriousness of the challenge posed by climate 
change. The Prime Minister pointed to the importance of the Kyoto 
Protocol in this regard. The President and Prime Minister recognized 
that climate change is a pressing global problem requiring a global 
approach. Bearing in mind Japan's leadership at Kyoto, the President 
welcomed the Prime Minister's offer to initiate promptly high-level 
U.S.-Japan government-to-government consultations to explore common 
ground and areas for common action on climate change.

 Partners in an Enduring Alliance

    The meeting at Camp David provided an opportunity for the President 
and Prime Minister to get to know each other on a personal basis so that 
they can work together as leaders of an enduring alliance and as close 
friends. Noting that the strength of the alliance rests on the robust 
support of the American and Japanese people, the two leaders welcomed 
expanded exchanges among the citizens of both nations. The President and 
Prime Minister decided that at their meeting in Tokyo in the fall they 
will review progress on strategic dialogue and the Economic Partnership 
for Growth, and that they will work to expand bilateral cooperation on 
global challenges.

Note: An original was not available for verification of the content of 
this joint statement.