Words: Obama feels NATO needs to be strengthened, that China is a competitor not an enemy, and that US policy should promote democracy and human rights. He also advocates African development and support for Israel. “We shouldn’t have strategic ambiguity with the American people when it comes to describing how we’re going to deal with our most serious national security issues.”

Actions: No record.

UPDATE: You can read the full text of his initial position paper delivered in Chicago back in April here.

He advocates a regional conference involving Syria and Iran as one part of an ultimate Iraq solution. He has partnered with GOP Senator Richard Lugar in efforts to fight proliferation of nuclear weapons. Obama has also spoken out on the importance of energy independence and the need for U.S. leadership in dealing with global climate change.
For the last Congressional term, Citizens for Global Solutions gave Obama an A+ rating on his foreign policy positions.
In a July 2007 debate he clashed with Senator Hillary Clinton over how and when presidents should talk to rogue states.
There is a good profile of his key advisor, Dr. Susan Rice in the New York Sun.
Republican critics have taken the counter intuitive position that Obama is actually a warmonger

More about: Barack Obama, Foreign Policy.