Similar systems are in operation in the Pacific and Indian Oceans and the Caribbean.
It has plans for a major prospecting operation in the Pacific.
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From 1992 to 1995 he was US ambassador to Malaysia, and later became the US ambassador to the Asia Pacific Economic Co-operation - a body promoting open trade among Asia-Pacific countries.
The Asia-Pacific Economic Co-operation Forum (Apec), set up in 1989 mainly to promote trade among Pacific Rim states, now accounts for more than half of global economic output and almost half of all international trade.
He was speaking ahead of the start of the Asia-Pacific Economic Co-operation (Apec) summit.
After the Asia-Europe meeting in Brussels on October 4th come, in a few weeks, the G20, East Asian and Asia-Pacific Economic Co-operation summits.
He will travel on from Cuba to Peru where he will attend the Apec (Asia-Pacific Economic Co-operation) summit in Lima on 21 and 22 November.
As the USGS report came out, the US administration was negotiating the "Sydney Declaration", a document on climate change, at the Asia-Pacific Economic Co-operation forum in Australia.
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America has opposed the idea, preferring to see regional trade and economic issues dealt with in the Asia Pacific Economic Co-operation forum, in which it is included.
Under negotiation since 1996, the agreement was approved in principle last July, and due to be signed at the Asia-Pacific Economic Co-operation forum in New Zealand in September.
Fallon is head of the U.S. Pacific Command, which oversaw this operation, and joins me now.
In support of these and other overseas operations, the United States has deployed combat-equipped forces to a number of locations in the U.S. Central, Pacific, European, Southern, and Africa Command areas of operation.
WHITEHOUSE: Letter from the President -- War Powers Resolution
In support of these and other overseas operations, the United States has deployed combat equipped forces to a number of locations in the U.S. Central, Pacific, European, Southern, and Africa Command areas of operation.
It has a small options operation that it inherited in its merger with Archipelago Holdings, which had acquired the Pacific Stock Exchange last year.
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