As we approach the Summit of the Americas, our hemisphere faces a clear choice: We can overcome our shared challenges with a sense of common purpose, or we can stay mired in the old debates of the past. For the sake of all our people, we must choose the future. Too often, the United States has not pursued and sustained engagement with our neighbors. We have been too easily distracted by other priorities and have failed to see that our own progress is tied directly to progress throughout the Americas. My administration is committed to renewing and sustaining a broader partnership between the United States and the hemisphere on behalf of our common prosperity and our common security.

We have already begun to move in a new direction. This week, we amended a Cuba policy that has failed for decades to advance liberty or opportunity for the Cuban people. In particular, the refusal to allow Cuban Americans to visit or provide resources to their families on the island made no sense -- particularly after years of economic hardship in Cuba, and the devastating hurricanes that took place last year. Now, that policy has changed.

The U.S.-Cuba relationship is one example of a debate in the Americas that is too often dragged back to the 20th century. To confront our economic crisis, we don't need a debate about whether to have a rigid, state-run economy or unbridled and unregulated capitalism -- we need pragmatic and responsible action that advances our common prosperity. To combat lawlessness and violence, we don't need a debate about whether to blame right-wing paramilitaries or left-wing insurgents -- we need practical cooperation to expand our common security. That is why leaders from Santiago to Brasilia to Mexico City are focused on a renewed partnership of the Americas that makes progress on fundamental issues like economic recovery, energy, and security.

The global economic crisis has hit the Americas hard, particularly our most vulnerable populations. Years of progress in combating poverty and inequality hangs in the balance. The United States is working to advance prosperity in the hemisphere by jumpstarting our own recovery. In doing so, we will help spur trade, investment, remittances, and tourism that provides a broader base for prosperity in the hemisphere.

We also need collective action. At the G-20 Summit, the United States pledged to seek nearly half a billion dollars in immediate assistance for vulnerable populations, while working with G-20 partners to set aside substantial resources to help countries through difficult times. We have called upon the Inter-American Development Bank to maximize lending to restart the flow of credit, and stand ready to examine the needs and capacity of the IDB going forward. And we are working to put in place 21st century rules of the road to prevent the abuses that caused the current crisis.

While we confront this crisis, we must build a new foundation for long-term prosperity. Our hemisphere has bountiful natural resources that could make renewable energy plentiful and sustainable, while creating jobs for our people. In the process, we can confront climate change that threatens rising sea levels in the Caribbean, diminishing glaciers in the Andes, and powerful storms on the Gulf Coast of the United States. That is why I look forward to pursuing a new Energy and Climate Partnership of the Americas that will help us learn from one another, share technologies, leverage investment, and maximize our comparative advantage.

Just as we advance our common prosperity, we must advance our common security. The United States will strongly support respect for the rule of law, better law enforcement, and stronger judicial institutions. Security must be advanced through our commitment to partner with those who are courageously battling drug cartels, gangs and other criminal networks throughout the Americas. And our efforts start at home. By reducing demand for drugs and curtailing the illegal flow of weapons and bulk cash south across our border, we can advance security in the United States and beyond. And going forward, we will sustain a lasting dialogue in the hemisphere to ensure that we are building on best practices, adapting to new threats, and coordinating our efforts.

Finally, the Summit gives every democratically-elected leader in the Americas the opportunity to reaffirm our shared values. Each of our countries has pursued its own democratic journey, but we must be joined together in our commitment to liberty, equality, and human rights. That is why I look forward to the day when every country in the hemisphere can take its seat at the table consistent with the Inter-American Democratic Charter. And just as the United States seeks that goal in reaching out to the Cuban people, we expect all of our friends in the hemisphere to join together in supporting liberty, equality, and human rights for all Cubans. This Summit offers the opportunity of a new beginning. Advancing prosperity, security and liberty for the people of the Americas depends upon 21st-century partnerships, freed from the posturing of the past. That is the leadership and partnership that the United States stands ready to provide.