CEO William G. Parrett, the chairman of the
United States Council for International
Business, has come out in support of a speech by
US president George W. Bush
In a speech in New York, president Bush’s reaffirmed his government’s open-door
policy toward foreign investment in the United States and encouraged other
nations to follow this approach.
Parrett welcomed the administration’s statement, calling it an important
signal to markets and U.S. trading partners.
‘This is the first time in some 15 years that the US has made such a
high-level reaffirmation of the importance of open markets,’ he said. “Business
sees US government leadership as critical to preserving open markets, and I
applaud the President’s commitment announced today,’ he said.
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