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For Immediate Release
Office of the Press Secretary
July 21, 2001

Remarks by President Bush and German Chancellor Gerhard Schroeder in Photo Opportunity
Jolly Marina Hotel
Genoa, Italy

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6:00 P.M. (L)

     PRESIDENT BUSH:  It's my honor to be meeting today with one of America's strongest friends and allies, and one of Europe's strongest and best leaders.  I appreciate Gerhard Schroeder's openness, his grasp of issues that are important, not only to Europe, but to the world.  I told the press earlier that we've had a very, very positive dialogue.  We discussed a lot of important issues:  how to expand global trade, as well as how to assume our responsibilities as wealthier nations to the poor nations in a constructive way.

     It's been a very good experience.  And it's also been a positive experience to be able to again sit down with friends and continue our dialogue from days gone by.

     So, Mr. Chancellor, thank you for being here.

     CHANCELLOR SCHROEDER:  Thanks.

     PRESIDENT BUSH:  I'll be glad to answer a couple of questions.

     Q    Mr. President and Mr. Chancellor, can you both address whether you've reached any kind of accommodation on global warming and the Kyoto Treaty?

     PRESIDENT BUSH:  We have reached an accommodation, and here it is.

     Q    Can you talk about it?

     PRESIDENT BUSH:  Yes, I'd be glad to.  We both agree to reduce greenhouse gases and we both agree to continue dialogue.

     Q    On how, the dialogue on how it goes on?

     PRESIDENT BUSH:  Right.  And I will explain to the Chancellor that our nation will come with a strategy.  We're in the process of developing one. But I can't be any more sincere than I have been in saying that we need to reduce greenhouse gases and we'll work a plan to do so.

     But I've also been very open with the Chancellor from my very first visit in the Oval Office, that the methodology in the Kyoto accord is something that would harm our nation's economy.  And, therefore, we're looking for different alternatives to achieve the same goal.

     And I will tell you this, in Sweden, Chancellor Schroeder was very -- very strong in his statement about Kyoto and very positive about his position there; on the other hand, was -- explained to the other leaders that my position, while he didn't agree with it, was one that he understood.  And I appreciated very much his leadership there.

     CHANCELLOR SCHROEDER:  Certainly, the President is very right in just saying that we do share the same targets here.  Both of us are thinking that it is very important that we do substantially reduce greenhouse gas emissions.  That is very important, indeed.  And we will, obviously, have to get into a very intensive dialogue about these things.  This will have to happen; some things will have to happen as a consequence of it.

     Now, obviously, on the tool of Kyoto, as such, we do differ when it comes to the assessment thereof.  But, obviously, we have done so in a very open, in a very friendly matter, dealing with one another in a constructive way, as friends.  And I think friends do deal with these things as friends, and we certainly do.

     Q    Do you plan to make a specific proposal to President Putin tomorrow on a strategic framework, did you see an outline or something?

     PRESIDENT BUSH:  I plan to have a very honest and open dialogue with the President that will continue our discussions about how to keep the peace.  I intend to share with the German Chancellor the nature of our discussion in the past and, again, what I intend to talk about tomorrow.

     I think it's very important for us to continue making progress on whether or not we can agree to a new strategic framework.  As well, we will have high-level talks with others in my administration, with the Russians. It's a very positive development, I think, for the world.

     I can tell you right now that my relationship with President Putin is better than it was in Slovenia by virtue of the fact that we're spending more informal time together.  One of the benefits of these meetings is that we get to see each other at places other than just sitting around round tables discussing issues.  And so at the receptions we've been able to have some idle chatter -- some of it may be of interest to you, some of it probably wouldn't be.  But, nevertheless, we're able to continue a dialogue in a very friendly and open way, and I think that's going to be very important for our ability to work together -- on a lot of issues, particularly that of a new strategic framework.

     Q    But do you see discussing things like specific numbers or his plan for joint --

     PRESIDENT BUSH:  I think it's probably best that I talk to him first. (Laughter.)

     END  6:06 P.M. (L)