President George W. Bush speaks at the 2008 APEC CEO Summit in Lima, Peru. President Bush says that he recognizes the United States as a Pacific nation and that he has taken its involvement in APEC as a priority. Bush says that while the summit comes at a moment in global economic turmoil, it also arrives at a time of "unprecedented cooperation." Bush cites the vast success the East Asian markets have made in a single generation, increasing its share in the global economy to 55%. Bush says the United States embraces this new hope, believing that in this interconnected world, any advancement is a gain for all.
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