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Clinton Says Foreign Policy To Focus On Economics

U.S. Secretary of State Hillary Clinton arrives in Singapore.
U.S. Secretary of State Hillary Clinton says Washington is reorienting its foreign policy around economics after focusing on two wars in the past decade.

"We are shaping our foreign policy to account for both the economics of power and the power of economics," Clinton said in Singapore.

She added that among foreign policy goals are boosting U.S. exports, opening up new markets, and seeking better terms for American firms to compete overseas.

Clinton said the more than 270 U.S. embassies and consulates across the world will operate as advocates for American companies and help achieve President Barack Obama's goal of doubling U.S. exports in five years.

Clinton's remarks come ahead of an Asia-Pacific summit in Cambodia to be attended by Obama on November 19-20.

Based on reporting by AFP and Reuters