In addition the president wants to restart the stalled Doha round of international trade negotiations.
Only that one extra vote permitted the Doha round of trade talks to begin.
The danger is that the Doha round is not just delayed, but diluted in its ambition.
The Doha round has always been very unlikely to end in fully free trade.
The Doha round was launched in November 2001, just weeks after the terrorist attacks on America.
The original January 2005 deadline for completing the Doha round will almost certainly be missed.
Although not strictly finance ministers' territory, the Doha round of international trade negotiations is in trouble.
The Union's common agricultural policy remains one of the main obstacles to a successful Doha round.
If the Doha round ever succeeds, it might erode those privileges by extending them more widely.
While the collapse of the Doha Round can't be read as good news, trade will go on.
In the absence of progress on the Doha round, Vietnam is seeking bilateral and regional trade deals.
No other set of concerns can succeed those of the Doha round, until the round itself succeeds.
ECONOMIST: Is in Geneva, not Davos. It's time to pay another visit
And so the United States also seeks to open markets to the Doha round of trade negotiations.
Those figures found a ready place in almost every news report about the Doha round that autumn.
That does not mean it is universally accepted: witness the travails of the Doha round of trade talks.
The lesson from the launch of the Doha round is that geopolitical stress, paradoxically, can boost trade rounds.
And countries have become much more welcoming to foreign investment, which the Doha round does not even address.
In Britain this week he intends to push for compromise in the Doha round of world trade talks.
December's WTO conference held in Hong Kong failed to complete the Doha Round, which has an Apr. 30 deadline.
He said only "small differences" were now preventing the Doha round negotiations - which had stalled - being concluded.
If they come at the expense of progress in the Doha round, they will also prove a big mistake.
Only with a serious political commitment from the biggest countries can the Doha round achieve a final trade deal.
ECONOMIST: But the Doha round of trade talks is far from finished
Free-traders hope they will not demand too much, for fear of killing the Doha round and attracting the blame.
ECONOMIST: It is make-or-break time this spring for global trade talks
And that's why I spoke very frankly to my G20 partners today about the prospects of the Doha Round.
In addition, the Doha round of multilateral trade talks is all but dead.
Officials in Geneva worry that these are sapping energy from the Doha round.
The world economy will neither collapse if the Doha round fails, nor will poverty be eradicated if it succeeds.
We are working for a successful Doha round of trade talks, and we must complete a good agreement this year.
If this authority is not renewed, the current Doha round, which is already in trouble, will grind to a halt.
So APEC countries will, eventually, face some difficult choices when it comes to making firm commitments in the Doha round.
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