A successful economic development strategy must focus on improving the skills of the area's workforce, reducing the cost of doing business and making available the resources business needs to compete and thrive in today's global economy.
A peaceful resolution to the Israeli-Palestinian conflict will likely depend to a great extent on the economic development of a future Palestinian state. As I have argued before, private sector investment - especially in the West Bank - is going to prove crucial in creating the right political and social context for peace.
Some might complain that nuclear disarmament is little more than a dream. But that ignores the very tangible benefits disarmament would bring for all humankind. Its success would strengthen international peace and security. It would free up vast and much-needed resources for social and economic development. It would advance the rule of law.
Intellectual property is a key aspect for economic development.
I am on my way to Ghana tomorrow morning and you just need to know that this Administration is very focused on doing all we can to promote economic development in this part of the world, in Africa, throughout Africa, North Africa and sub-Saharan Africa.