I truly believe that this is a crucial moment in the history of U.S.-Japan relations, and feel fortunate for the opportunity to be a participant as this moment unfolds. I first came to Japan in 1969, five years after entering the House of Representatives. But a partnership is more than just a relationship. Our nations share a wide range of interests, and when we act in concert, the U.S.-Japan partnership has profound regional and global implications. This partnership is also a vital component of America's domestic economic health.
Japan is our largest trading partner outside of North America.
Our imports from Japan often grab the headlines, but we should remember that U.S. exports to Japan are equal to our exports to the U.K., France, and Germany, combined. I would like to say a few words about the first two, and then give you my views on some economic and trade issues. Partnership between the U.S. and Japan is the cornerstone of America's policy of engagement in the Asia-Pacific region. U.S. military power has guaranteed peace and stability in the region for more than a generation. It is the bedrock upon which Asia-Pacific economies have developed.