Bush
Begins Asia Tour in Japan
Scott
Stearns
Tokyo
17
Feb 2002

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| AP |
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| President
Bush waves to well-wishers after arriving in Japan |
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President Bush has arrived in
Japan at the start of a six-day trip to Asia. The president wants to encourage
quicker economic reform in Japan while asking all Asian allies to help
prevent North Korea from supplying terrorists with weapons of mass destruction.
The president begins
his Asia trip here in Japan with a meeting Monday with Prime Minister Junichiro
Koizumi. Mr. Bush is expected to encourage the Japanese leader to move
faster on economic reforms as unemployment is on the rise in the world's
second largest economy as incomes and consumer confidence decline along
with the Prime Minister's popularity.
At their first meeting
in the United States last June, the Japanese leader outlined plans to "vigorously
and comprehensively" reform his country's economy by capping government
spending and restructuring a banking sector troubled by corporate debt
and non-performing loans.
Since then, the Japanese
economy has fallen farther, in part because of a U.S. recession made worse
by terrorist atacks. White House officials said President Bush hopes to
regain some of the momentum toward Japanese economic reform by backing
the Prime Minister's approach without endorsing specific actions which
might be seen as interfering in the reform process.
Mr. Bush said both
countries are committed to open markets and sound regulatory policy to
improve foreign direct investment. "Today, Japan is in the midst of economic
uncertainty and transition," he said. "But I have great confidence in Japan's
future and in the unlimited potential of its people. And I'm confident
that Japan will make the bold reforms needed to restore growth and opportunity,
which will benefit the people of both our nations."
In a speech to Japanese
legislators, President Bush will thank them for supporting the U.S. led
coalition against terrorism and for offering to help pay for reconstruction
in Afghanistan. He will continue to call for international pressure on
North Korea, which he says is a threat to world peace because it may help
terrorists acquire chemical, biological, or nuclear weapons.
The president's characterization
of North Korea as part of an "axis of evil", along with Iran and Iraq,
has raised concerns in Asia that the next phase of the war against terrorism
could increase tensions on the Korean penninsula. While Mr. Bush said he
is not ruling-out military action against North Korea, administration officials
make it clear they first want to try diplomatic efforts to stop the spread
of weapons of mass destruction.
While in Japan, the
president is also expected to face questions about his new plan to slow
the growth of greenhouse gases. Mr. Bush last year rejected the Kyoto treaty
on global warming as too costly for U.S. business. He said tax cuts and
other incentives will get U.S. companies to voluntarily reduce greenhouse
gas emissions by 18 percent over the next ten years. Under his plan, the
United States will still produce more harmful emissions but at a slower
rate.
The Japanese Environment
Minister Friday said he is disappointed with the Bush plan because it falls
short of targets set by the Kyoto protocol.
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