| [00:00.00] | Under Secretary Hormats, who will head this newly formed function, |
| [00:04.45] | said that it will be comprised of |
| [00:06.50] | the Bureau of Oceans and International Environmental and Scientific Affairs, |
| [00:10.31] | led by Assistant Secretary Kerri-Ann Jones; |
| [00:12.98] | the Bureau of Economic and Business Affairs, |
| [00:16.01] | led by Assistant Secretary Jose Fernandez; |
| [00:18.38] | the Bureau of Energy Resources, |
| [00:20.70] | led by Secretary Clinton's Coordinator for international energy, Carlos Pascual; |
| [00:25.20] | and the Office of the Science and Technology Advisor, |
| [00:28.26] | led by a distinguished scientist, Dr. Bill Colglazier. |
| [00:32.59] | "Finally, we're going to establish the |
| [00:34.33] | Office of the Chief Economist of the State Department," |
| [00:36.81] | Under Secretary Hormats said. |
| [00:38.44] | "We haven't selected the individual yet, but this will be a person |
| [00:41.65] | who both understands economic and financial issues, |
| [00:44.77] | and how they relate to our broader foreign policy." |
| [00:47.46] | "This announcement is to implement |
| [00:49.40] | Secretary Clinton's commitment to environmental sustainability, |
| [00:52.78] | to energy security as fundamental elements in our overall foreign policy," |
| [00:57.66] | Under Secretary Hormats concluded, |
| [00:59.92] | "We understand that we're in a resource-constrained world |
| [01:03.00] | and we think that this combination of |
| [01:05.40] | cross-fertilization and mutually reinforcing elements |
| [01:09.14] | is going to be a good way of utilizing our human resources |
| [01:13.22] | and our financial resources more efficiently." |
| [01:16.56] |
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