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...Secretary Powell says, the Department of State is "the first line of offense" in promoting American interests around the world. People care about what the Department of State does, and it is due in no small part to the work of you here in the Baltimore Council and the active participation of U.S. citizens in foreign affairs through similar organizations around the country. Thanks to your lively, informed interest in international affairs, we are able to keep alive the public debate that ensures our foreign policy reflects the best interests and the will of the American people.
I want to talk with you tonight about the role of economics in our foreign policy, and especially what we're doing in the Department of State's Bureau of Economic and Business Affairs. would like to begin with some general observations about the rich mixture of issues we are involved in, and then hone in on a couple of specific topics that are very much in the news today.
The War on Terrorism
One of our highest priorities is combating terrorist financing choking off the resources that make horrific events like those of September 11, 2001 possible. Working closely with the Department of the Treasury, we have designated and blocked the assets of 192 organizations and individuals because of evidence linking them to international terrorism, the Secretary of State placed one organization on this list just last week. This has been an intense diplomatic effort, and as of now I can report to you that 150 nations are also taking action to prevent money from reaching terrorists. The U.S. has frozen some $34 million in terrorists' assets, and the rest of the world has blocked an additional $70 million.
While we are engaged in the effort to stifle terrorist funding, we are at the same time working with the Afghan Interim Authority and the international community to help Afghanistan rebuild its shattered economy. The United States has pledged nearly $300 million in this fiscal year alone to help Afghans with relief and reconstruction, focusing on health, education, food and agriculture, water and sanitation, refugee relief, transportation and other vital areas. It is important to remember that this official assistance, of course, is in addition to the humanitarian assistance that we have provided the Afghan people for decades over $1 billion since 1979, more than any other single donor and which we continue to provide. And of course there are the...
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