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U.S. Department of State

Great Seal Secretary of State Madeleine K. Albright
Press remarks at Seagate Technology International, Disc Drive Manufacturing Plant
Singapore, July 29, 1997
As released by the Office of the Spokesman in Singapore
U.S. Department of State

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I have just had a very excellent briefing and exciting tour of Seagate. What an amazing company. I think it is a perfect example of the future of how globalization serves the purposes of manufacturing and jobs in many countries at the same time. I am very grateful to Mr. Heupel for his excellent briefing.
Seagate employs people not only in Singapore but in the United States, Malaysia, and Thailand. And I was fascinated to see the interaction between a product that is designed and begun in the United States and produced, manufactured in another country here -- in Singapore and the other Asian countries. To me, this is the future. This is a company of the future. I happen to have some of their products in the State Department. I wish we had more. They are more technologically advanced than we are. But I am delighted to have a chance to see a concrete example of how economics and American foreign policy and trade go together. We want to do everything we can to make sure that companies such as Seagate can in fact contribute to trade. Singapore is our eighth largest export market and having companies such as this here are very good examples of the work we can do together, and as long as I am Secretary of State we are going to be working towards the free trade area that we hope to have here by the year 2020.
Thank you.

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