November 2, 2008 / 1:36 PM / 11 years ago

FACTBOX: McCain, Obama policies on major Asia issues

(Reuters) - Following are major policies toward Asia of Democratic presidential candidate Barack Obama and Republican rival John McCain, as published on campaign Web sites, party platforms and speeches:

OBAMA

* U.S. ALLIANCES - Vows to maintain strong U.S. military and strengthen ties with Japan, South Korea and Australia and work to build a framework that goes beyond bilateral agreements and builds on arrangements like the six-nation North Korea nuclear talks. Seeks regional framework to confront shared transnational threats like terrorism and avian flu.

* CHINA - Has pledged to use U.S. trade laws to press China to allow its currency to revalue. Vows to boost military-to-military dialogue, work to boost cooperation on shared security, energy and environment objectives. Says will not demonize China, but will press China to live up to international human rights standards and stop its support for repressive regimes in Iran, Myanmar, Sudan and Zimbabwe.

* TAIWAN - Recognizes One China Policy, but says U.S. policy is also based on Taiwan Relations Act, which requires helping the island defend itself in the event that China moves to alter the status quo or violates the principle that all issues regarding the island’s future must be resolved peacefully, through dialogue, and be agreeable to the people of Taiwan.

* TRADE - Vows to oppose trade agreements that undermine U.S. economic security and fight to open up foreign markets to support American jobs. Opposes the U.S.-South Korea free trade agreement without safeguards and better access to the South Korean auto market. Will press the World Trade Organization to stop distorting government subsidies to foreign exporters and nontariff barriers on U.S. exports.

* SECURITY - Supports strengthening the Nuclear Nonproliferation Treaty to bring international sanctions on countries like North Korea and Iran that break nonproliferation rules. Gave cautious welcome to U.S. decision to remove North Korea from a terrorism blacklist as part of nuclear disarmament diplomacy. Wants more U.S. and allied troops for Afghanistan.

MCCAIN

* U.S. ALLIANCES - Values long-standing ties and shared values with Australia and sees alliance with Japan as cornerstone of regional peace and prosperity. Wants Japan to forge a leadership role in regional and global affairs and respects South Korea for vigilance against North Korea.

* CHINA - Seeks nuclear dialogue with Beijing to boost transparency and cooperation, bring China in line with the policies of other recognized nuclear weapon states. Hopes for political and religious liberalization to match China’s economic freedoms and believes integration into the global economy requires China to adopt a flexible exchange rate.

* TAIWAN - Policy based on Taiwan Relations Act. Will emphasize the importance of Taiwan’s democracy and shared values with the United States.

* INDIA - Sees common security concerns and shared commitment to democracy as foundation for an enduring partnership. Vows to engage India and Pakistan to improve the security of their nuclear stockpiles and weapons materials.

* TRADE - Vows multilateral, regional and bilateral efforts to reduce barriers to trade and improve enforcement of global trading rules, oppose subsidies and protect intellectual property. Supports U.S.-South Korea free trade agreement and seeks to create more U.S. jobs through more trade pacts that open markets for U.S. goods and services. Seeks to reinstate presidential trade promotion authority.

* SECURITY - Says larger, more capable U.S. military needed to cope with terrorism, wars in Iraq and Afghanistan, threats from rogue states and the rise of potential strategic competitors like China and Russia. Sees missile defense as critical protection against ballistic missiles from North Korea and Iran and to hedge against potential threats from possible competitors like Russia and China.

Reporting by Paul Eckert

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