The White House of USA

President Bush on Tuesday said, “I’m confident in the long run America is going to be just fine. We’re a country that has overcome challenges before — and we’ve got some challenges: high gasoline prices, we’ve got some challenges in the housing industry. We know the way forward in housing — good legislation and helping people stay in their homes. And the truth of the matter is we know the way forward when it comes to energy. We depending too much on energy from overseas; we ought to be finding more energy here at home. If people want their gasoline prices down, let’s find energy here in America. And there’s plenty of energy to be had.”

MR. JOHNDROE: Good afternoon. This is an on-the-record, off-camera briefing by Dennis Wilder, National Security Council Senior Director for Asian Affairs; Dan Price, Assistant to the President for International Economic Affairs, and Deputy National Security Advisor; as well as Jim Connaughton, Chairman of the Council on Environmental Quality — a briefing on the President’s trip to Japan and the G8 Summit. We’ll start with Dennis.

Forty years ago today, the United States joined 61 other nations in signing the Treaty on the Nonproliferation of Nuclear Weapons (NPT). Today, almost all nations are party to the Treaty. The NPT represents a key legal barrier to nuclear weapons proliferation and makes a critical contribution to international security. I reaffirm the strong support of the United States for the Treaty and our commitment to work diligently to strengthen it further.

Pursuant to the authority vested in me by section 902(b)(2) of the Foreign Relations Authorization Act, FY 1990 and 1991 (Public Law 101-246) (the “Act”), and as President of the United States, I hereby report to the Congress that it is in the national interest of the United States to terminate temporarily the suspensions under section 902(a)(3) of the Act with respect to the issuance of temporary munitions export licenses for exports to the People’s Republic of China insofar as these restrictions pertain to firearms and related items for use by U.S. and non-U.S. athletes competing in shooting events, and military gyroscopes that are embedded in mobile high definition television camera systems for use by U.S. filming crews, at the Beijing Olympics. Licensing requirements remain in place for these exports and require review and approval on a case-by-case basis by the United States Government. The equipment will be returned to the United States following the end of the games.

On Tuesday, July 1, 2008, the President signed the following bills into law: H.R. 5690, S. 188, S. 254, and S. 682