WASHINGTON. July 6 President Clinton prepared for the annual summit of seven industrial nations Tuesday by promising to tell the US part ners they must do more to encourage global economic growth, reports Reuter.

"For. years, our out-of-control budget deficit robbed us of the standing to press our partners to act. Year after year, we were hammered to cut our deficit. Last year, we did," Clinton said in a speech prepared for delivery to about 700 business and labour leaders before he left for the July 8-10 Naples summit.

"We now have the standing to speak and the credibility to be heard. And we will say to our partners: We have done our part : you must do yours," he said.

Clinton was not specific on what the other big industrial powers must do to simulate economic growth, but a White House fact sheet boasted that the United States is setting the pace.

It said 4.2 per cent real growth in the US gross domestic product over the past year accounted for 75 per cent of total growth among the so-called G-7 summit nations for 1993-94. and that America accounted for nearly all the Job growth In the industrialised world by creating 3.1 million Jobs.

Clinton will arrive in Italy after visits to Latvia and Poland. He goes on to Germany after the summit, and winds up his third trip to Europe this year with a visit to Berlin.

His week-long trip, which

includes a meeting with Russian President Boris Yeltsin in Naples, is designed largely to show US support for an Integrated post-Soviet Europe.

Clintons' meeting with Yeltsin takes place on Sunday, when the Russian President Joins political discussions with his G-7 counterparts for the first time as a full-fledged participant.

"The G-7 will strive to bring the economies of central and eastern Europe fully into the world economy, with trade and long-range reform. But the process of renewal will only be complete if Europe Is whole." Clinton said.

While the Yeltsin meeting Is sur^ to be a highlight ofjhe trip. Clfnton.wiil also confer with over a dozen other lead-

ers Including Japan s new Prime Minister. Tomiichi Murayama.

In what seemed an effort to ward off the kind of attack he levelled against Republican George Bush in the 1992 presidential campaign, Democrat Clinton placed stress that his trip would pay off domestically.

"Even as we sow the seeds of our own renewal, we recognise that what happens around the world affects us here at home." he said, if global markets grow, our exports boom, and that means high-paying Jobs in America."

Clinton, whose command of foreign policy has been questioned by critics, said he and other G-7 leaders would only act effectively "if we act together."