Trade and investment have been powerful engines driving economic growth and reducing poverty in Vietnam. In the almost 20 years since the United States and Vietnam normalized diplomatic relations, U.S.-Vietnam two-way trade has grown from less than $500 million to over thirty-four billion dollars this year, in the process contributing to Vietnam’s dramatic reduction in poverty. Vietnam’s participation in the rules-based international trading system has also reinforced good governance and the rule of law.
I am honored to be here this afternoon in recognition of Cambodia’s National Day against Trafficking. I would like to recognize the Provincial Committee to Combat Human Trafficking who have worked closely with our partner – Winrock International – to make this event a reality. Too many Cambodians continue to be pushed into situations where they are easily exploited or trafficked. We need to recommit our collective energy to ensure those situations are a thing of the past.
I am pleased to join this important event today organized by the Ministry of Justice to receive social organizations and other stakeholders’ inputs on the draft Civil Code. This event follows lively discussions with the Ministry of Justice and social organizations on the draft civil code in Hanoi and Hai Phong recently. USAID’s Governance for Inclusive Growth Program is honored to support the Ministry of Justice’s efforts in identifying issues on citizens and organizations rights for inclusion in the draft Civil Code.
Nearly fifty years ago, when my grandfather in India dreamt of a better life for his children, he only had one choice to make. He emptied his entire retirement account and put my dad on a plane with a one-way ticket to the United States of America. Today, families around the world have more options—and that is a wonderful and hopeful reality.
But we still, as Americans, need to stand for something special. So when successive Republican and Democratic presidents call on us to lead the fight to end extreme poverty or advance our basic democratic values, it is in our national security and economic interest, but it also speaks volumes about who we are. On behalf of the entire team at the U.S. Agency for International Development, thank you for this honor.
I am delighted to be here today to congratulate the Ayala Foundation, the other consortium members, and the participating civil society organizations on this important achievement.
According to the WHO status report on road safety, road traffic accidents result in more than 1 million deaths globally each year. For every 1 person who dies in a road traffic crash, 20 are injured. And 1 in 20 of those injured is left with a disability. At such a scale, this is an issue that impacts each of us. We envision a world where we and our loved ones face fewer risks as we go about our everyday lives.
But the numbers don’t really describe the huge impact that accidents have. A traffic death may cost a family its wage earner. Traffic injuries may mean a child won’t be able to attend school. In short – the accidents have the potential to cost Cambodia’s government and its society heavily. What makes events like today all the more exciting, however, is that we come together not just to discuss the problem, but to celebrate a solution: the Asia Injury Prevention Foundation’s “Head Safe, Helmet On” campaign.
On behalf of the American people and the U.S. Embassy Manila’s United States Agency for International Development (USAID), I am honored to be here today for the Manila launch of the Philippine-American Fund second grant solicitation.
USAID has a powerful partnership with Bomet, and there are so many things we have already achieved together. We have been working in Bomet for a long time. There’s a reason why you see the big USAID sign on the way to Tenwek Hospital.
The idea behind Shujog is fairly simple. Impact investors are looking for a pipeline of businesses to invest in that generate both financial and social returns. Yet these investors are often unable to connect with early-stage entrepreneurs, and that means there is so much potential still waiting to be tapped on both sides. Shujog’s ACTS program, along with partners Bank of America Merrill Lynch, JP Morgan Chase, and the Rockefeller Foundation, will help bring them together, by providing Assistance for Capacity Building and Technical Services (ACTS). This will help social enterprises to better attract investment; scale their businesses; and increase their impact.
Excellencies, Ladies and Gentlemen:
Good morning. It is my great pleasure to join you here this morning at the Private Sector Forum on the Draft Environmental Impact Assessment Law.
Today’s forum is important, because it addresses a challenge that Cambodia, as well as many countries around the world, are facing: How do we pursue economic development without sacrificing the health of our environment?
Last updated: October 26, 2016