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한국어로 읽기Leer en españolIn Deutsch lesen Gap اقرأ بالعربيةLire en françaisЧитать на русском Vladimir Putin replied to questions from Russian media representatives on the outcomes of his two-day state visit to the People’s Republic of China. Question: It would not be an exaggeration to say that the whole world watched your visit here, as evidenced by a spate of news reports and publications. It is clear that the future of the rapidly changing world largely depends on the positions of Russia and China. Following your talks in China, we would like to know whether Moscow and Beijing have a shared understanding of how the future system of international security and politics should evolve. Vladimir Putin: First of all, I would like to thank President of the People’s Republic of China Xi Jinping and the leadership of China for this invitation and for creating a very favourable and warm atmosphere for our joint work. On the whole, the talks were very meaningful and very substantive. This was an official state visit, but it was also very much a working trip. From morning until evening, we spent virtually the entire day with the President of China and his colleagues. We raised multiple issues for discussion. You said that the future depends on Russia and China, but this is only partly true. The future of humankind depends on the whole of humanity. Certainly, Russia and China are important components of modern civilisation. We have our own views on how we should develop. Certainly, our advancement will influence the advancement of all partners on the planet. We believe that development should be constructive and peaceful, no doubt about it. Apart from our interests, it should heed the interests of all parties to international interaction. Of course, it is necessary to strengthen the emerging multipolar world. There is absolutely no doubt that a new world is taking shape before our eyes and becoming multipolar. I believe all the people are aware of this. It is important that those who are trying to maintain their monopoly on making decisions on all issues globally should realise this (I believe that they do realise it perfectly well). Understanding this, they should do everything possible to facilitate this natural process. I repeat, this process should be peaceful and conflict-free, with the opinions of all parties to the international process fully considered. All of us should seek compromises while making the difficult decisions that lie ahead. We are committed to this approach and to precisely this kind of work. I have discussed this repeatedly, and the President of China has also emphasised this: our interaction, cooperation and strategic partnership with China, Russia-China partnership, is not directed against anyone. Our aim is solely to create better conditions for the development of our countries to improve the well-being of the peoples of China and the Russian Federation. Question: How did your informal meeting with Xi Jinping go? Your aide said it took place in a super-narrow format but was attended by Defence Minister Andrei Belousov and Security Council Secretary Sergei Shoigu. Did you discuss Ukraine? What would you personally consider convincing evidence of Ukraine’s readiness for talks? Earlier both you and Foreign Minister Sergei Lavrov repeatedly said that the Western partners could no longer be trusted. Vladimir Putin: Yes, this meeting took place in the narrow format. We really discussed many issues that are important for bilateral relations. We discussed the issue of settling the Ukrainian crisis. The President of the PRC told me the main theses of what he discussed during his recent visit to Europe. He set forth his position linked with Chinese peace initiatives. We have said more than once that we believe that China is sincerely striving to settle this problem. It offers different options and is very flexible. I believe it is sincerely striving to resolve this problem. We discussed this at some length. As for our counter partners, let’s say in this case these are Ukrainian leaders and their European and overseas bosses. Well, we have spoken about this many times. When our troops stood near Kiev, our Western partners told us: it is impossible to sign documents when the other side puts a gun to your temple. “What should be done?” we asked. “It is necessary to withdraw troops from Kiev.” We did this. On the following day, they threw all our agreements into the dustbin and said: “Now we will fight to the end.” Their Western curators occupied the position that is now known to the whole world – to defeat Russia on the battlefield, to inflict a strategic defeat on it. It wasn’t us who behaved in this way. These were our partners. Ukrainian officials confirmed this, in particular, the head of the Ukrainian delegation at the talks in Minsk and later in Istanbul, said this. The then Prime Minister [of Great Britain] Mr Johnson came to Kiev and advised Ukraine to continue hostilities. Mr Arakhamia, the head of the Ukrainian delegation, who now leads the ruling parliamentary party in Ukrainian parliament, said that otherwise all hostilities would have been ended a year and a half ago. He said this in public, I believe, at his meeting with journalists. Nobody actually had doubts about this. So, let’s sum up this part of my answer to your question – we were cheated again. Now we need to understand whom and how we should deal with, whom we should trust and to what extent. Of course, we are analysing now everything that is taking place in this regard. Of course, we are looking at what is happening around the universally announced meeting in Switzerland, in Geneva. I believe this is the venue of the meeting. We are certainly not going to discuss any formulas about which we know absolutely nothing. But as distinct from Ukraine, we have never rejected talks. It is they who have quit the negotiating process. They announced that they are going to inflict a strategic defeat on us. It is they who said they were “going to fight to the end,” actually not to the end but to the last Ukrainian. They did everything with their own hands. We have a foundation for the negotiating process – what we agreed on in Istanbul and a signature of the head of the Ukrainian delegation under an excerpt from this large document. He initialed it. We have this document with his signature on it. What are these other additional terms about which we have never heard and know nothing? The goal of this event is clear. They want to gather as many countries as possible, declare that everything has been agreed upon with everyone and then present it to Russia as a resolved issue, as an ultimatum. This will never happen. Question: Keeping with the theme of Ukraine… Yesterday, Vladimir Zelensky visited Kharkov and held a general headquarters meeting there. At the same time, we are involved in heavy fighting near Kharkov and our troops seem to be gaining success. Vladimir Putin: The word “seem” is wrong. They are gaining success. Each day, they advance in strict conformity with the plan. Question: What is the plan all about? Are we going to seize Kharkov? Or does our objective consist in creating a sanitary zone, as you said earlier? Thank you. Vladimir Putin: I do not know what the head of the Ukrainian state was saying. The only thing I know is that in the final analysis, they are to blame for what is happening. The origin of the current Kiev authorities is the coup d’etat [that occurred in 2014]. This is the source of the present-day authority in Ukraine. This is my first point. Second, [Kiev’s] Western sponsors allowed the coup to happen by facilitating and orchestrating it. They created the conditions for a smoldering conflict to grow into an armed conflict. They are to blame for this. They are attempting to lay the blame on someone else and make Russia responsible for the current tragic developments. But this is the result of their own policies. As far as the developments in the Kharkov sector are concerned, they are also to blame for these, because they shelled and, regrettably, continue to shell residential areas in border territories [of Russia], including Belgorod. Civilians are dying there, it’s clear for everyone. They fire missiles right at the city centre, at residential areas. I said publicly that if this continues, we will be forced to create a security zone, a sanitary zone. And this is what we are doing today. As for [the seizure of] Kharkov, there are no such plans for now. Question: It has recently been reported that Chinese banks stopped accepting payment transfers from Russian banks. Did you discuss this issue with the Chinese leader? If so, have you reached an agreement? Have you coordinated a potential scheme of settlements that would be immune from Western sanctions? Thank you. Vladimir Putin: Sanctions imposed on third countries engaged in economic activities are doubly or triply illegitimate because sanctions are absolutely illegitimate when adopted without the approval of the UN Security Council. This goes beyond common sense when it comes to third countries. Incidentally, the Americans or Europeans are even using such sanctions against their own allies. Europeans are not using them against the Americans, but the Americans apply such sanctions against European economic operators and often follow them through not only with regard to Russia but also against other countries in other situation. It is a common practice, and Europeans bear with this, proving yet again their vassal dependence on the sovereign over the sea. Well, whatever! As for such decisions, they certainly do direct damage to the global economy, not just to the countries they are adopted against or their economic operators, but also to the global economy as a whole, including energy and other spheres of economic operation, and primarily the issues of settlements that are discussed by the economic operators. Solutions are possible, and there are such solutions. Of course, they should be supported at the level of governments, and I hope that this is how it will be. The reasons behind the behaviour of large financial institutions are understandable: nobody wants to sustain losses because of US actions, even if they are illegal. However, I would like to repeat what I said before: it is silly and a huge mistake of the American political elites because they are inflicting big harm on themselves by undermining trust in the US dollar. They are gradually undermining the status of the dollar as a global settlement and reserve currency, even though they are deriving huge profits from this now. First, they adopted the Bretton Woods system. Then they abandoned the gold standard of the dollar and [formalised a floating exchange rate system under] the Jamaica Agreement. What is it based on? It fully depends on the money printing press, or putting it more gallantly, on the might and quality of the American economy. Yes, this is exactly how things stand. All countries in the world trust the American economy, its might and stability, which is why they accept the dollars. This gives a huge and seemingly inexplicable advantage to the American economy and financial system. However, it can be presented in figures. According to our economists, it amounts to over 10 trillion dollars that have not been earned but are a gift from heaven that comes from the use of the dollar as a global reserve currency. Overall, the obligations of the US financial system to the rest of the world have been estimated at $53.4 trillion. However, by undermining trust in the dollar for political reasons, the US authorities are weakening the main and the most powerful and important instrument of their might – the dollar itself. They are doing irreparable damage to themselves. Using one of popular sayings, they are quarrelling with their own bread and butter. This is thoughtless, but they seem unable to stop doing it. The disadvantage of this for us is that we have to look for other solutions. However, there are also advantages, because it is unacceptable when one side is using financial and economic instruments to force its will on the rest of the world, including on the political stage. I assure you that all countries are aware of this; you only have to look at how fast their dollar-denominated reserves are diminishing. The world is responding. I believe that the [de-dollarisation] process is inevitable. We have started doing this, and it is a correct process. It entails certain shortcomings and problems, but it is correct in general, when we speak about making settlements in national currencies or creating other settlement instruments jointly with other countries. The process is underway; it has begun, and it cannot be stopped. Question: Mr President, let me return to the subject of Ukraine and certain Western initiatives. You have mentioned yesterday’s lengthy discussion with Xi Jinping on this issue. Could you please tell us whether you touched upon Macron’s initiative to declare an “Olympic truce”? Do you believe an Olympic truce is possible now? Or is this another attempt by the West to lure Russia into a trap, especially amid its military successes? Thank you. Vladimir Putin: Yes, President Xi Jinping mentioned this, and we did discuss this issue briefly. What I think is, first, the principles of Olympism, including the Olympic truce concept, are very sound principles. There is a reason the international community has spent centuries working them out. True, few countries ever invoked this particular principle, with the exception of Ancient Greece, but in general, the idea itself is good and constructive. The issue lies elsewhere. It has to do with the current international sports officials themselves violating the principles of the Olympic Charter. They are politicising sport, which is absolutely unacceptable, because the purpose of sport is to serve as a platform for communication between people and for negotiating compromises on other issues, including political ones. They are violating their own rules, now with regard to Russia, by excluding our athletes from the Olympic Games, not allowing them to display their flag, anthem, or national colours. They are violating the rules with regard to us, but they want us to comply with the rules that they dictate to us. Has anyone given this a thought? Is this in line with the elementary norms of justice? No. They are violating the rules but they demand that we comply with them. Well, friends, this is not getting us anywhere. No one has ever reached agreement like this. Before demanding anything or expecting others to do something, one needs to follow these rules. Overall though, sports are certainly progressing, and this progress will continue. I don’t know how the Olympic movement will fare now, with such officials. If they put money first, if money is the only thing that motivates or drives them, if sport becomes a commercial enterprise solely aimed at making a profit, I cannot see a bright future for the Olympic movement. Look, sport has actually transformed into a for-profit corporation. What is their top priority? To raise money from sponsors and to have large information companies pay for broadcasting. This is just a big business profiting from sporting events. But the principle of Olympism is something else – it is about humanitarian values. Question: This week, the US imposed duties on a number of Chinese goods – chips, semi-conductors, metals and solar batteries. Most important, it raised the duty on Chinese electric cars, I believe, four times, up to 100 percent. Can these moves be considered sanctions against China? Is Russia-China cooperation helping counter such attacks? Vladimir Putin: Of course, on the surface, they look like sanctions but these are already elements of an economic war to a certain extent. This is not the first time they have been used. Incidentally, I can assure you that politics, the character of Russia-China relations and the situation in Ukraine have nothing to do with this. These are just elements of unfair competition. We were making an MS-21 aircraft. We agreed on purchasing certain components that we had to put into its wings. These components have nothing to do with military production. They simply denied them to us by including them into a sanctions list. Indicatively, this list was linked with military production whereas the components we wanted had nothing to do with it whatsoever. Yes, we lost time and this production was pushed back by about a year and a half. But eventually, we made these components, these aircraft wing carbon fibre tows. We made them and they are even better than the American ones in quality and durability. The result will be the same in this case. I have just explained at the meeting with students why such restrictions were introduced against the Chinese auto industry, against electric cars. Just because they have become better and cheaper than European or American ones. That’s it. They are simply killing competitors, in this case, the Chinese rival and do not let it into their market. This is a prohibitive duty. The same is taking place in Europe, of course. As soon as some country, a global development centre, as we often put it, is developing and becoming more competitive, they stop it and put it down, they try to make it happen. Can Russia-China cooperation counter this in some way? To prevent this from happening, they are creating problems in financial items because we could purchase more. But we are restricted in purchasing these products because of money transfer problems. Is it possible to do something about this? Yes, it is. We will develop joint productions. This requires time, just as it was with aircraft components when we had to delay their production by half a year. This is the same case. We will go for joint production. This is the most erroneous and stupid way of building an international economic system. The correct idea is that the market decides everything and they were drumming it into our heads for decades, if I may put it this way – pardon the fancy language. But the market will still push them down. Do you understand what the point is? They are creating this problem for themselves with their own hands. What will this lead to? They have introduced sanctions against various goods. What will it lead to? Inflation in the US. This is what they will get. Because they will try to make these products themselves, at their own sites, paying wages to their own workers, paying for their expensive metal and their expensive energy. This is the result – the German economy in Europe is already operating nearly in the red while the French economy is teetering on the brink of recession. If the German economy starts coughing and feels bad, the entire European economy will not feel quite well, putting it mildly. This is the result of such decisions. These are not market decisions. They are completely stupid and have no prospects whatsoever. Question: Please, tell us at what conditions you would attend a peace conference on Ukraine in Switzerland if you should receive such an invitation. Thank you. Vladimir Putin: Well, politics does not know the subjunctive mood: “if only.” We will not continue. You know what would have happened there in other cases. But there are no “ifs.” They do not invite us. Moreover, they say they cannot imagine us being there. So what will we be [talking] about? “If you do this” looks like we are trying to get invited. “But if you do this, and if this is the case, then we would make these decisions.” Well, if they cannot imagine us being there, so much the better. This is first. The second, very important thing, is that we are not going to discuss right away what we do not know. As I said, we had been holding painstaking talks for a long time, almost a month and a half; first in Minsk, then in Istanbul, and reached certain compromises. The Ukrainian side signed an abstract of these documents. The package alone is so thick, but the summary with the fundamental issues outlined there were initialed by the Ukrainian side. So, we worked on it. Now there are some formulas but what are they based on? Based on some wishes and not on the real situation. Well, it is impossible to discuss. However, we are ready for discussion. We never refused. I have just said that, and this is not a joke, I did not make it up. As soon as the troops withdrew, the Westerners immediately told Ukraine: “Do not sign anything. Fight.” They snapped a salute and are following out. While we were immediately told, “Now we will fight to the last man.” This is what we were told. There will be no more talks. Now they see that they cannot succeed. Perhaps they will be able to fight to the last man but they cannot inflict a strategic defeat on Russia, and they can see that. Now they are beginning to squeak . “Let us urgently convene a conference.” – “Sure.” – “Will Russia participate?” “We are ready to participate in peace talks.” “But we will not invite you.” Here you are, Good Lord, there we go. And Russia is being accused of being reluctant to take part. But we have not been invited. You are asking: on what conditions? Why should I be proposing terms and asking to let me come where we are not wanted? And what is it that they want to do? Gather as many countries as possible, convince everyone that the terms proposed by the Ukrainian side are the best offer, and then present this to us as an ultimatum, saying, “You see, the whole world thinks so. Thus you must agree.” Is this a way to conduct substantive and serious talks? Of course, not. This is an attempt to impose. There was an attempt to inflict a strategic defeat, but it failed. The attempt to impose will end the same way. Remark: But still, as I see it, your condition is that the agreements reached must be in force. Vladimir Putin: Of course. This is the basic condition. They initialed it, but the document was not fully signed. It includes very serious issues related to ensuring Ukraine’s security. They are worded in such a way that requires subsequent consideration. But overall, this is the basis. They have been initialed by the Ukrainian side. I think, not least, probably, if not under the diktat, then with the consent of their Western sponsors. But everything is rigorously worded there regarding their interests. There is also something that has been taken into account concerning Russia’s security interests. There are a lot of questions there, which I do not want to go into right now. I remember if not all of them but all the main provisions. We are ready to discuss this. But then they dumped it because they wanted to gain an advantage on the battlefield and achieve a strategic position, which did not work out; so now they are handing out their terms. Have they gone nuts? Why on earth? Of course, we will proceed from the realities on the ground. This goes without saying. Question: My question isabout China and supplies of our hydrocarbons to it. Has an agreement in principle been reached on the Power of Siberia 2 project? When will construction start: this year or next year? Have there been any talks about a possible increase in supplies? Vladimir Putin: Yes. I am not ready to speak about technical details now, but both sides have confirmed their interest in implementing these projects. Since the Chinese economy is growing, it requires, accordingly, more energy resources needed to maintain this growth. Nothing is more reliable (I think this is clear) than supplies from Russia. We have a huge common border, and no one will interfere here: neither sanctions against the tanker fleet, nor even sanctions against financial institutions. We will buy and sell everything in national currencies. Therefore, the interest on both sides has been reaffirmed. On the one hand, there is interest in receiving additional volumes, on the other hand, there is interest in selling on the Chinese market. This is always a complicated process, involving the question of prices, the question of who will earn and how much. However, strategically we are absolutely interested, both the countries, in implementing these projects, and we will move forward with them. Gazprom and our oil companies will certainly come to terms. There are different routes. One of them runs via Mongolia, and both gas and oil pipelines can be laid in the same corridor. Specialists will have to decide how best to proceed. It is possible to use the Northern Sea Route. We can buy extra tankers and set up supplies via the Northern Sea Route, which is almost the same as the pipeline. All these alternatives are possible. They are all acceptable and economically expedient. It is necessary to choose the best ones. I am confident that this work will be completed as well. Question: My question is also about Ukraine, if I may. Vladimir Zelensky’s term of office is about to end, it expires on May 20. Will Russia no longer consider him a legitimate president after that date? And would it matter to you, will you be ready to talk to him afterwards? Vladimir Putin: We used to talk with him; we were in constant contact with him before the conflict entered the extreme phase of armed struggle. As for legitimacy, this question must first of all be resolved by the political and legal systems of Ukraine itself. There are all sorts of options in their Constitution. This is a question of assessment. This assessment, of course, should be primarily made by the Constitutional Court and in general, by the political system of Ukraine. But for us, of course, it matters, because if it comes to signing some documents, we certainly will have to sign documents in such a crucial area with the legitimate authorities, this is an obvious fact. But, I reiterate, this question must be answered by the political and legal (juridical) systems of Ukraine itself. Thank you very much. Question: Did you discuss with President Xi Jinping the fact that China had been invited to this international conference? Vladimir Putin: We discussed this issue as part of the package. Thank you very much for your attention. Question: Mr Putin, what about the French army in Ukraine? Vladimir Putin: I am not the president of France. Why are you asking me this? I am not the one to make this decision. Question: Mr Macron has repeatedly conveyed that he was ready to send troops there. If regular French troops move to Ukraine, will it mean a direct conflict, a war with the French? Vladimir Putin: First, you should have him answer your question about the French troops in Ukraine. Once you get the answer, we will start considering the consequences of this step. Question: Mr Putin, may I ask about the figure of [Defence Minister Andrei] Belousov? Excuse me, please, this is my last question. Why was Belousov appointed the Defence Minister? We are now at a critical juncture of the special military operation. Vladimir Putin: I covered that already. Mr Peskov covered that, too, because I asked him to do so. I will go over it again. This year, the level of defence spending for the Defence Ministry alone amounted to 6.7 percent of GDP. If you combine that with the amounts spent on law enforcement and security agencies, the total amount will slightly exceed 8 percent. The Defence Ministry accounts for the bulk of the spending meaning that the amount of spending of law enforcement and security agencies depends on how much the Defence Ministry spends. The Defence Ministry is the first to make purchases followed by law enforcement and security agencies. Their choices depend on the Defence Ministry’s choices. In addition, the Defence Ministry is charged with building the national defence system which is does with the enlistment of other security agencies. Their spending depends on that, too. So, with the Defence Ministry spending 6.7 percent, and the total defence and security spending coming at slightly over 8 percent, this amount of spending is not critical. Defence spending in the Soviet Union in 1985–1986 stood at 13 percent. Taking into account the state of the economy, macroeconomic indicators, and budget revenue forecasts, combined defence and security spending at slightly 8 percent is not critical and is absolutely safe. Experts are even saying it could be larger since the budget is robust enough to handle that. But this level of spending is what we currently have. As you are aware, Mr Belousov served as the Minister of Economy. He is considered a good economist, one of the best in the country. He was my aide on economic matters. He also served as the First Deputy Prime Minister. In this sense, he is, without a doubt, able to coordinate the Defence Ministry’s work with other ministries and agencies, as well as the regions. This is important as well. I am talking not only about the border regions, but other regions as well, because they, too, to a certain extent, are economic agents. This is my first point. My second point covers his mission. He must open the Defence Ministry to constructive interaction with the research centres and economic agents in the broad sense of the word, the manufacturers of the military-technical products and components that are needed for the production of military equipment. His job is to open the Defence Ministry to innovation. Indeed, Mr Shoigu has taken the initial steps towards this end. However, I believe that given his job functions in the recent past, the former Deputy Prime Minister will find it easier to accomplish this. These were the motives behind appointing him to this position. You all saw Mr Shoigu – it was widely covered – often visit and tour enterprises. He is fully aware of what is going on. He knows what the Armed Forces need in the medium and short term, and knows our industrial capabilities. To a certain extent, he was involved in the contacts with our foreign defence cooperation partners, because the Federal Service for Military-Technical Cooperation was under the Defence Ministry, and he oversaw it. Considering this, he will have an enormous layer of work to deal with. It is all combined now. If you paid attention, I supported the idea of appointing Mr Manturov First Deputy Prime Minister precisely because we plan to focus the administrative resources on achieving the main objective facing the country today which is gaining the special military operation results that we need. Thank you very much.

한국어로 읽기 Leer en español In Deutsch lesen Gap اقرأ بالعربية Lire en français Читать на русском Press statement on the occasion of the visit of French President Emmanuel Macron Full statement to the press by the President of the Republic, Luiz Inácio Lula da Silva, following the visit of French President Emmanuel Macron in Brasília (DF), on March 28, 2024 It is a great joy to reciprocate the hospitality with which my delegation and I were received in Paris when I participated in the Summit for a 'New Global Financial Pact' last June. Over the past three days, we have carried out an extensive agenda that included stops in Belém, home to COP30; Itaguaí, where we have Prosub; and now Brasília, for a State visit. This true marathon gives a sense of the breadth of the cooperation and friendship ties between France and Brazil. Among traditional powers, none are closer to Brazil than France. And among emerging powers, you tell me if any are closer to France than Brazil. In today's highly complex international landscape, the dialogue between our nations serves as a vital bridge connecting the Global South to the developed world, fostering efforts to overcome structural inequalities and achieve a more sustainable planet. Brazil and France are committed to collaborating in advancing a shared global vision through democratic dialogue. A vision grounded in the priority of production over unproductive finance, solidarity over selfishness, democracy over totalitarianism, and sustainability over predatory exploitation. President Macron was able to personally witness that our commitment to the environment is not merely rhetorical. In the past year, we have reduced illegal deforestation in the Amazon by 50%, and we aim to eliminate it entirely by 2030. As a symbol of the revitalization of our partnership, today we embraced a New Action Plan, broadening our collaboration into new arenas. These include financing the ecological and energy transition, advancing in bioeconomy, agriculture, public administration, digital issues, artificial intelligence, and reinforcing human rights and gender equality on our bilateral agenda. This range of topics is reflected in the more than 20 agreements we celebrate today. We discussed the success of the Brazil-France Economic Forum, held yesterday in São Paulo, which had not convened presentially since 2019. We explored ways to expand and diversify trade, which reached 8.4 billion dollars last year and has the potential to grow even further. France is the third-largest investor in Brazil, with a strong presence in sectors such as hospitality, energy, defense, and high technology, which generate employment and income in our country. I presented to President Macron the new investment opportunities in infrastructure and sustainability facilitated by the Growth Acceleration Program (Programa de Aceleração do Crescimento - PAC) and the Neoindustrialization Program. I presented our commitment to combating inequalities as the cornerstone of Brazil's G20 Presidency. Within this context, we are launching a Global Alliance Against Hunger and Poverty. As we mark the 80th anniversary of the Bretton Woods institutions this year, President Macron and I concur on the imperative for the G20 to send a clear message advocating for global governance reform and the reinforcement of multilateralism. We also agree that it is time for the super-rich to pay their fair share of taxes, in line with the proposal for fair and progressive international taxation that Brazil advocates within the G20. As strategic partners, we exchanged views on the major dilemmas facing humanity. Across the globe, democracy is under the shadow of extremism. The denial of politics and the dissemination of "hate speech" are growing and concerning. For this reason, Brazil joined, in 2023, the French initiative Partnership for Information and Democracy and will continue to work to promote and protect the circulation of reliable information. It is time to promote a truly multilateral debate on the governance of artificial intelligence. It is unacceptable for a new divide to emerge, segregating wealthy nations, possessors of this technology, from developing countries where basic internet access remains precarious. I reiterated to President Macron Brazil's unwavering belief in dialogue and the defense of peace. My administration will continue working diligently to ensure that Latin America and the Caribbean remain a conflict-free zone, where dialogue and international law prevail. The Security Council's paralysis in response to the conflicts in Ukraine and Gaza is both alarming and inexplicable. The arguments questioning the obligation to comply with the recent ceasefire directive in Gaza during the month of Ramadan once again undermine the authority of the Council. Discussing a world governed by rules that are not collectively agreed upon signifies a regression of centuries, reverting back to the law of the jungle. Brazil categorically condemns all forms of anti-Semitism and Islamophobia. We cannot permit religious intolerance to gain ground among us. Jews, Muslims, and Christians have always lived in perfect harmony in Brazil, contributing to the construction of the modern nation we see today. Dear friend Macron, the Strategic Partnership with France embodies our joint endeavor to modernize and invigorate our economies, prioritizing sustainability and upholding human rights. I am convinced that, even after three intense days, there is still much work ahead of us. The future holds countless possibilities for our countries to cooperate, develop, and create together I look forward to seeing you again soon at the G20 Summit in Rio de Janeiro. Thank you very much.

한국어로 읽기 Leer en español In Deutsch lesen Gap اقرأ بالعربية Lire en français Читать на русском Joint transcript with: The Hon Richard Marles MP, Deputy Prime Minister and Minister for Defence Subjects: Australia-Republic of Korea 2+2 Foreign And Defence Ministers’ Meeting; AUKUS Pillar Two; Hanwha bid for Austal; foreign interference; Korean peninsula security. 01 May 2024 Deputy Prime Minister, Richard Marles: Well, welcome everyone. Today, the Minister for Foreign Affairs and I have had the pleasure of being able to welcome Minister Cho and Minister Shin, the Foreign Minister and the Defense Minister of South Korea to a 2+2 with Australia. In December of 2022, the Republic of Korea released its Indo-Pacific Strategy. And it described an assessment of the region and a response to it, which represented Korea looking to take its place in the region and the world. That is remarkably similar to the assessment that we made a few months later in the Defence Strategic Review. And it speaks to the fact that both Korea and Australia have a close strategic alignment and a shared vision about our place in the region and the world. And what was immediately obvious from that moment was the opportunity to take the relationship between our two countries to the next level. And today's 2+2 is very much an expression of that. We are seeing increased engagement between our two countries across the board. We are certainly seeing that in the realm of defence. Last year, Korea had its largest participation in Exercise Talisman Sabre, which is our major bilateral defence exercise. This year, we will see more Korean engagement in Exercise Pitch Black, Exercise Kakadu, Exercise Southern Jackaroo and we are very appreciative of Korea’s participation in those exercises, as we are in the way in which Korea and Australia are working together to uphold the rules-based order within our region and in fact, within the world. Both countries, as we've discussed today, are playing our part in supporting Ukraine in its resistance of the appalling aggression that is being forced upon it by Russia. We are working very closely together within our region to uphold the global rules-based order here as well, and that's seen in a greater engagement that both of us are doing with the countries of the Pacific and the countries of southeast Asia. We are particularly aware of the efforts that have been put in place for Korea to build its relationship with Japan and we see this as a very, very positive step forward in the strategic landscape of the region, and represents a huge opportunity for Australia to engage with both Korea and Japan. Finally, in respect of defence industry, we are seeing a blossoming of the relationship between our two countries in respect of defence industry. Yesterday, Minister Shin and I visited Hanwha's facility in Geelong, which is building for the Australian Army both the Huntsman and the Redback, which will be very central to our capabilities for the Army. But we're also very hopeful that these platforms represent an opportunity for greater industrial activity there, where we can see export to the world. Across the board, this is a relationship which is going to a new place, a place which is much deeper and much closer and we are very, very grateful for the presence of Minister Cho and Minister Shin in Australia today and we've really enjoyed the meeting that we've had this morning. Republic of Korea Minister of Foreign Affairs, Cho Tae-Yul: [spoken in Korean] Good afternoon, ladies and gentleman. I am Cho Tae-Yul, Minister of Foreign Affairs of the Republic of Korea. I am grateful for the successful organisation of the sixth Republic of Korea-Australia 2+2 Foreign and Defence Minister’s Meeting and I extend my deepest thanks to Mr Richard Marles and Ms Penny Wong for the warm welcome toward our delegations. It is with great pleasure that I make my first visit as Minister of Foreign Affairs to Australia to, our esteemed regional partner. Together with Mr Shin Won-sik, Minister of National Defense. During the first day of our visit on the 29th of April we paid tribute to the enduring legacy of 17,000 Australian veterans at the Australian National Museum Korean War Memorial in Canberra, commemorating their profound sacrifices for peace. The sacrifices of Australian veterans have laid a solid foundation for the prosperity of our relationship and on behalf of the Korean Government and people, I’d like to express heartfelt gratidude to the Australian veterans for their unwavering dedication. Today’s meeting holds significant importance as it is the first gathering of its kind following the installation of our current governments and Korea’s announcement of our Indo-Pacific Strategy. This occasion is further distinguished by its location in Melbourne, a symbol of our robust cooperation in defence industry. The Ministers of the two countries engaged in extensive discussions aimed at deepening strategic cooperation and communication, reinforcing our shared vision at both regional and global levels. Both parties recognise each other as pivotal partners in the realisation of our respective Indo-Pacific strategies, and as likeminded nations agreed to enhance our cooperation at bilateral, unilateral and multilateral levels. We acknowledge the remarkable progress in our bilateral cooperation with national defence and defence industries, highlighted by the signing of a contract for the delivery of Redback IFVs and the participation of Korean military personnel in Exercise Talisman Sabre and we said that we will be strengthening our cooperation into the future. In the realms of cyber and maritime security, we agreed to collaborate in blocking North Korea’s access to funding for illicit nuclear and missile developments, and to thwart illegal activities such as arms trading between Russia and North Korea. Our Australian counterparts have expressed their steadfast support for enhancing the human rights of North Koreans and for our policies aimed at reunification. Furthermore, we resolved to continue our close collaboration with ASEAN and the Pacific regions which hold great significance for both our countries. We will also expand our cooperative efforts for comprehensive security in cyber and maritime security, as well as economic security and climate change. I am confident today’s meeting will mark a significant milestone in strengthening our partnership built on the shared foundations of liberal democracy and mutual trust, and will further our commitment to a rules-based regional and global order. Foreign Minister, Senator Penny Wong: Thank you very much. Can I first express my deep appreciation to Minister Cho and Defense Minister Shin for their travel to Australia for this Foreign and Defence Ministers’ 2+2 meeting. We appreciate you coming to Australia and we have deeply enjoyed the dialogue this morning. This is the first 2+2 for us Ministers. We recognise that this dialogue is a cornerstone of our comprehensive strategic partnership with Korea. Can I start by appreciating the Minister's acknowledgement of the role that Australia and Australian veterans have played in this bilateral relationship. We thank you for honouring those Australians who have served. It is a testament to the historic strength of our relationship. But more importantly, today, what we focus on is the increasing strategic and economic convergence that exists between our two nations. And the focus of our meeting was how to translate that convergence that the Deputy Prime Minister and Foreign Minister Cho have articulated, how we translate that convergence into tangible and practical actions in southeast Asia, in the Pacific and more broadly in terms of our cooperation in in the Indo-Pacific. We are very interested not only in increasing our cooperation and our engagement in defence industries, but also in increasing our collaboration diplomatically and economically. I make note, as Foreign Minister Cho did, of our collective condemnation of North Korea's continue provocative, destabilising activities and we will continue to work together to ensure that this risk and threat to our collective security continues to be met in solidarity between our countries and other countries of the world. As you will see from the joint statement when it is released, discussed a range of other matters, including the Middle East, where we shared our perspectives. I thank, again, my counterpart, the Foreign Minister for his engagement. We were an early call for him and we appreciate it. And we appreciate the efforts that the Ministers have made in coming to Australia for this very important 2+2. Republic of Korea Minister of National Defense, Shin Won-Sik: [spoken in Korean] Good afternoon, I am Shin Won-sik, Minister of National Defense of the Republic of Korea. First of all, I would like to express my deepest appreciation to Mr Richard Marles, Deputy Prime Minister and Ms Penny Wong, Minister of Foreign Affairs for the warm reception of our delegations. We are externally grateful for the noble sacrifices made by the 17,000 Australians during the Korean War who fought for freedom and peace in our country. On behalf of our people, thank you. During the ROK-Australia Foreign and Defence Ministers’ Meeting we engaged in extensive discussions on a range of issues concerning the Korean peninsula, Indo-Pacific region and boarder global foreign affairs and defence matters and reaffirmed our commitment to further develop our bilateral future oriented relationships. Firstly, we agreed to continue enhancing our mutual and beneficial partnership in defence industry. It is with great pleasure that I know a Korean company was selected in Australia’s next generation Infantry Fighting Vehicle project, valued at $250 million USD. This follows the successful collaboration on the self-propelled artillery project in 2021. Yesterday, the Deputy Prime Minister, Mr Marles, and I visited the construction site of a Korean company in Geelong where we witnessed firsthand our flourishing bilateral cooperation in the defence industry. This collaboration is set to not only modernise Australia’s military capabilities, but also stimulate the local economy and strengthen the strategic solidarity between our nations. Secondly, we agreed to enhance our joint military training to improve interoperability and foster conditions for regional peace and stability. Last year, a significant contingent of Korean armed forces participated in Exercise Talisman Sabre, yielding fruitful outcomes. This year, the Australian military took part in Korea’s Freedom Shield exercises, as a member of United Nations command, enhancing its capabilities for joint operations. We are committed to continuing these joint exercises in various forms and further elevating the level of cooperation between our armed forces. Thirdly, recognising the importance of building trust in our national defence and defence industry partnership, we agreed to expand human exchanges among defence related organisations. Republic of Korea and Australia, as key strategic partners in the Indo-Pacific region, share profound strategic views and interests. We will build on the achievements of today’s meeting and collaborate earnestly for the peace and stability of the Korean peninsula, Indo-Pacific region and the international community as a whole. Speaker: Questions? Journalist: South Korean Minister for National Defence, Shin Won-sik, there's been speculation about countries like South Korea joining the AUKUS Defence technology. Did you discuss this today? And does South Korea believe that it could engage in useful cooperation under Pillar Two of AUKUS? And Minister Marles, Hanwha has made a bid for Austal. Was this big discussion discussed in your meetings over recent days? And would such a bid likely be permitted under the new foreign investment framework being unveiled by the government today? Defence Minister Shin: [spoken in Korean] The Korean government, to enhance the regional peace, we support the AUKUS Pillar Two activities, and we do welcome that AUKUS members are considering Korea as the AUKUS Pillar Two partner. Korea's defence science and technology capabilities will contribute to the peace and stability of the development of AUKUS Pillar Two and the regional peace. And during today's meeting, we also discussed the possibility of partnering with AUKUS Pillar Two. Thank you. Deputy Prime Minister Marles: So, perhaps I might address both issues in relation to AUKUS Pillar Two. And we did discuss this both yesterday and today. AUKUS, as you know, is a technology-sharing agreement. It's not a security alliance. And Korea is obviously a country with deeply impressive technology, where we do have shared values, where we have strategic alignment, where we engage closely together. We already engage closely together in relation to technology. So, as AUKUS Pillar Two develops, I think there will be opportunities in the future, and we're seeing that play out in relation to Japan as well and we talked about that. In respect of Austal. Look, ultimately, this is a matter for Austal. They are a private company. From the government's perspective, we don't have any concern about Hanwha moving in this direction. We have identified Austal as a strategic shipbuilder for Australia in WA. Wherever Austal goes, whatever it does, there will obviously need to be security arrangements put in place in respect of sensitive technologies and intellectual property that would have to be managed no matter what the future of Austal. And were there anything that were to transpire in relation to Hanwa that would need to be managed in that context as well. But fundamentally, this is a matter for Austal as a private company. Journalist: And to Foreign Minister Wong. Australian officials have confirmed that India’s government was behind the nest of spies the Director General of Security described in 2021. Should Australians in the diaspora community be concerned about Indian government surveillance? And what message does the Australian government have to the Indian government about the acceptability of these activities and to Foreign Affairs Minister Cho Tae-Yul, the ABC has today reported South Korea is one of the friendly countries with a good relationship with Australia, which nonetheless engages in espionage here. Has there ever been a point of tension between the two countries, or are there clear shared understandings about the operation of intelligence agents in both countries? Foreign Minister Wong: Well, you would be unsurprised to hear me respond that we don't comment on intelligence matters. But at a level of principle about the democracy, I think you would have heard me and other Ministers on many occasions assert the importance of our democratic principles, assert the importance of ensuring that we maintain the resilience of our democracy, including in the face of any suggestion of foreign interference, and we have laws to deal with that. And to continue to say that we deeply value the multicultural fabric of the Australian community. It is a strength and we welcome people's continued engagement in our democracy. Foreign Minister Cho: [spoken in Korean] In regards to your question, I haven't heard anything and I am not sure against which context you are asking this question, so I have nothing to answer to that question. Journalist: Thank you. Minister Cho, you've both spoken today about the tensions across the Korean peninsula. These aren't always discussed when we're talking about issues like defence arrangements in the Pacific and the AUKUS deal as such. Why do you believe that close-knit ties with Australia in defence and these types of engagement is something that does have an impact on that relationship? Foreign Minister Cho: [spoken in Korean] Korea's security focuses on the North Korea's threat, but it's not the only focus. But as you can see, there's huge geopolitical changes taking place and the security in the Indo-Pacific region is closely linked to the security of other regions of the globe. So, we live in such a geopolitical era and Russia and North Korea are cooperating in the Ukraine war. And it shows that the Indo-Pacific region’s security is closely linked to the security of Europe as well. So, Korea's security is closely linked with Australia's security, and that's the world we live in. So, against the context of Indo-Pacific region and from the regional point of view, Australia and Korea share a lot of values and it's very good, not only in terms of economy, but also in security for our two countries to cooperate. So, in that context, we discussed the security partnerships between our two countries. Foreign Minister Wong: I might just add to that, if I may, Richard, that I think history shows us that what happens in the Korean peninsula matters to the security and stability of our region. We have no doubt that North Korea's destabilising, provocative, escalatory actions are contrary, are a threat to international peace and security, as well as to the peace and security of the ROK. We see it as very important that the international community exert and assert as much pressure as possible on the DPRK, including in relation to the regime of sanctions. And as Foreign Minister Cho has said, the actions of Russia in undermining that - those sanctions, in undermining the isolation of the DPRK, in participating in the provision of materiel, in contravention of UN resolutions and sanctions, is destabilising and undermines peace and security for the whole of the globe. And so I think it is important for us to continue not only to express solidarity with the Republic of Korea in the face of this aggression but also to call out Russia's behaviour as irresponsible and destabilising. Journalist: And Minister Wong, you touched on the reports of espionage before - Foreign Minister Wong: No, I was asked about them and I said we don't comment on intelligence matters. Journalist: Sure, I understand that that's the general principle on these matters, but given Australia's close-knit ties with India in the situation of the Quad, as a general principle, could I ask you, do you believe Australia would feel empowered enough to be forthright in raising concerns of these nations with the Indian government if they did it right? Foreign Minister Wong: Well, again, say we don't comment on intelligence matters, but as a matter of general principles, Australia remains consistent to our interests and to our values in all of our engagements. Speaker: Great. Thank you very much.

Good afternoon everyone, if we’re talking about exploring opportunities, clearly one would have to address growth issues. The problem is that, when one encounters a deeply unbalanced macro situation, growing becomes very difficult, almost I would say impossible. And especially when for many years, relative prices have been distorted and the economy has been put in an imbalanced situation, trying to live in a sort of permanent boom, when the boom comes it’s much more violent. That is why when the correction of relative prices is carried out, it generates a contraction of activity and employment, and the more violent and prolonged the process of overstimulating the economy, the stronger the contraction becomes. In that sense, Argentina has lived – for more than 20 years – under a wild populist regime, which has led to the destruction of capital, the destruction of productivity, which is why we are in an absolute miserable situation. Yes, because populism is not free; wages, in dollars, on average, in the 1990s, were $1,800 and if you adjusted for American inflation that would imply that Argentinian wages, on average, should be $3,000, something like 3 million pesos. And today, luckily, if we exaggerate and become very optimistic, we could say they are $600, which is false because they are lower. This means that Argentinians in this populist adventure have lost 80% of our income, that is the real catastrophe. The consequence of this is that we have more than 50% in poverty and 10% in extreme poverty, or a little more as well. This means that the country, which produces food for 400 million people and has a tax burden on the food production sector of 70%, meaning that the State takes the food from 280 million people, and has 5,000,000 Argentinians who do not have enough to eat, which is the real catastrophe. But it is not only a catastrophe in terms of growth, well-being, employment, and wages, but the inheritance was very complicated, the inheritance we received. I am going to describe the inheritance we received and the measures we have been taking during these first 100 days of government, and it’s not to mourn it, because the reality is that if there was something that became clear with “the Chief”is that we truly managed to win the elections it was because we were truly in a disastrous situation, because for a libertarian liberal, who openly says it, to come to power, it is precisely because the situation was not going to be an easy one. That means they were going to leave us in a very, very difficult situation, because otherwise the populists would continue to win. And for people to wake up the way they are doing, evidently it had to be a very complicated situation. So, I would almost say, we were always prepared to receive this hot potato, and you can see that, because if we hadn’t taken quick measures, we would have blown up several times already. Specifically, when studying, you review the literature on early crisis indicators, when you have twin deficits, by 4 points of GDP, it's a yellow alert; if you have 8 points of GDP it's not only a red alert, but you're going to take a significant hit. We inherited twin deficits of 17 points of GDP, just to give you an idea of the magnitude of the disaster we received. In other words, the size of the hit was going to be colossal; basically, the inheritance had the worst of the three worst crises in Argentina. It had a monetary imbalance worse than what we had before the "Rodrigazo" in 1975; we had an imbalance in the Central Bank's balance worse than what Alfonsín had at the beginning of 1989, which ended in hyperinflation, and worse social indicators than in 2001, that is, before the crisis of 2002. In other words, literally, it was the sum of all evils. In that sense, that twin deficit, of 7 points of GDP, was composed mainly of a 15-point consolidated fiscal deficit. Of those 15 points, 5 corresponded to the Treasury and 10 corresponded to the Central Bank. Furthermore, to give you an idea of the magnitude of the disaster we received, basically, although during the entire previous government, monetary issuance was used to finance the fiscal imbalance, by 28 points of GDP. Of those 28 points, 13 took place in the last year; not a minor issue if you think about it because the monetary base is already - today - 2.6 of GDP, meaning they left behind a quintupling of prices, and if you also look at the Central Bank's balance sheet having holdings in Leliqs, ranging from 30 to 90 days, meaning 30, 60, and 90 days, all converted into overnight loans, which means there was the possibility of multiplying the money supply by 4 in a day. In that context, moreover, during the first week of December, prices were rising by 1% daily, which means that in annual terms, it is 3700% inflation. If it stopped in the first two weeks, that would be 7500% annually, and if you look at what wholesale inflation was in December, which was 54%, that annualized is 17,000%. So, facing hyperinflation, if the economy had already entered a recessionary path in the second and third quarters last year but was fueled by a lot of monetary issuances to try to force an electoral outcome that did not happen, and in that context, it was essential to avoid hyperinflation. But to avoid hyperinflation, it was necessary to implement a very tough stabilization program, a program that we had and that we were only able to announce on the third day, basically because we had the issue of appointments at the Central Bank. And basically, it had the three fundamental elements that any stabilization program has, which were fiscal adjustment, exchange rate correction, and the definition of a new monetary policy. In that sense, for us, the key was to end monetary issuance so that there would be no monetary validation of the price increases, and that it would not escalate and generate hyperinflation. In that sense, along with the devaluation, which was made because basically all we did was bring the exchange rate to the market exchange rate, adjusted by the PAIS Tax, and in that context, on the fiscal front, we decided to adopt what is called a zero-deficit policy. But a true zero deficit, not a lie, meaning a zero deficit in the line of financial result, that is, after paying interests. This is very important because if we achieve a zero deficit in the financial line, it means that the debt no longer grows. And if the debt does not grow anymore, the debt-to-GDP ratio does not increase more, and therefore one becomes temporarily solvent, and the consequence of this is that the PAIS Tax begins to fall, and the interest rate will decrease. Thus, the interest rate regains its essential function, which is to be a mechanism of inter-temporal coordination and for the growth process to be related precisely to the interest rate, the natural interest rate, that is, the market rate, not the rate that a bureaucrat comes up with by meddling from the Central Bank. I clarify to make it clear, this idea of being tinkering... Once, I remember telling someone: "you are worse than Moreno" because Moreno controlled the prices of today, but you want to control the interest rate, which means you want to control the prices of today and the future. Why? Because the interest rate is the relative price of present goods over future goods. So, this would be much more complicated. So, we also began a process of cleaning up the Central Bank's balance sheet, and the reality is that we believed and aimed to achieve a zero deficit by 2024, and we were truly and absolutely committed to carrying out a fiscal adjustment, which obviously involves a lot of chainsaw and a lot of blender, and if we wanted to do it quickly, we had to use both. There is a lot of blender and much more, actually, of chainsaw because we eliminated public works outright, something of which I am deeply proud, considering that public works are a major source of corruption and theft, which I imagine all decent people should oppose. (APPLAUSE). On the other hand, we also completely eliminated discretionary transfers to the provinces; we also laid off 50,000 public employees, not only that but we also terminated contracts, and you see, now, more contracts are being terminated, and 70,000 contracts will be terminated. We also eliminated 200,000 social programs, irregularly delivered, and at no time did we neglect social policy because – in the midst of it all – we doubled the AUH; we doubled the Food Card; we tripled assistance in the One Thousand Days Plan, that is, for pregnant women, and not only that, but we also quadrupled assistance for school supplies and created a mechanism for middle-income families, who attend low-cost private schools, to have a support mechanism so that the children wouldn't drop out of school, which they attended, and not have to suffer the shock of changing schools, that is, we also had a strong social perspective in what we were doing, and we also did something that, at the time, when Minister Pettovello designed it, the red circle, which is increasingly analog and doesn't understand anything we do, because the digital era has already passed us by, but the interesting thing is that, at one point, Minister Pettovello announced that social programs didn't have to be verified as working, that is, social programs are given and they were required to provide work in return, and obviously, let's say, no one explained how the whole situation was, and then we, knowing how tough the first months were going to be, while the adjustment took place, because apart from when you generate an increase in savings and there is no counterpart of investments, it generates a drop in activity and that makes employment fall and/or real wages fall and that could lead to social tension, which we wanted to cushion. And in that sense, it's very interesting because Minister Pettovello removed the need for them to verify that they had worked. Obviously, the large number of monkeys, and I apologize to the Society for the Prevention of Cruelty to Animals for insulting the monkeys, who look at Argentinian politics, where some obviously respond that they are very angry because they don't have a guideline, but let's say those monkeys – sorry to the monkeys, again – strongly criticized Minister Pettovello for this. What they didn't realize is that it was a way to end intermediaries, where all governments wanted to end intermediaries, but this government did it. So, basically, the people who receive social programs obviously receive a card and that goes to an account. So, they thought that with that they ensured that they would not be extorted, what they didn't know is that you must go to verify if they were working and there, when you were going to receive the verification that they had been working, the Bellibonis of life appeared, taking half of people's income. And they only validated it if you brought them the pretty ones, where they must validate that they were at the rallies. I mean, in reality, they stole half of the money and not only that, but they also had to go and work as picketers, so what you were doing was finance criminals and also ruining the functioning of the streets. In that sense, by eliminating the need for a counteroffer, until April, what happened, well, those criminals could not take away the money that people received from the social program. Therefore, without spending a penny more, this implied doubling the assistance and at the same time, we set up a phone line to report the pressures and extortions of these criminals and we have received close to 300,000 reports and today there are 18,000 cases in the courts. In other words, they are going to pay for having pressured people to go to the rallies. And furthermore, Belliboni threatened us that he was going to gather 50,000 people in the Plaza, so evidently, he planned to bring 100,000. From the Nation, we contributed with 12,000 officers, I don't remember the number that the City contributed, but it was tremendous because there were more police officers than people, as only 3,000 showed up, so it was a resounding success, coordinated at that moment between Minister Bullrich, Pettovello, and the Minister of Infrastructure. Additionally, in the public transportation, there was the announcement that fare-dodging wouldn't be penalized, and the lines for making complaints, and there we also started to organize the streets. In other words, we took away their firepower because now they can't extort people to do this, and we also started to enforce order. Therefore, one of the demands we received as a government, which was to put the streets in order, we are doing it. Because now, whoever blocks the streets doesn't get paid. And moreover, whoever does it... pays for it. And that is working perfectly. Not only that, but while we expected to achieve financial balance over the course of the year, the hard work of each minister allowed us to achieve that financial surplus in the month of January. And obviously, the "red circle" – it was logical – began to predict that we would have very strong deficits in February. And to the dismay of those who live betting against those of us who want to change, we again had a financial surplus in the month of February. Specifically, what we are doing is obtaining a result that, if you take the first two months, equivalent to half a percentage point of GDP, of primary surplus, that annualized would be 6 points. Therefore, we have over-adjusted what we needed, because we only needed to make an adjustment of 5 points of GDP. It's very funny because there are many who say that this is not sustainable, that this, that, when they said that the only thing that could be done was to adjust 1 percentage point of GDP, well, we adjusted 5 percentage points, but of course, that requires a dose of courage that others do not have. But that's not all because there's also the issue of the adjustment we made within the balance of the Central Bank, which generated a 10-point fiscal deficit, quasi-fiscal, and today that number is already 4. That is, with which there is no historical record – worldwide – of a government making an adjustment of 11 points of GDP in three months. And to the dismay of the "Helicopter Club" and all those who wish us ill, especially those whose schemes we've disrupted – which are quite evident, as you'll see them complaining. There's a saying that goes, "where there's a Kirchnerist kicking, there's a scheme that's been cut off," well, it's true. And not just Kirchnerists, but also, look at some other important economic groups. You can imagine who I'm talking about. Aside from that, they're very angry because Elon Musk has arrived. The important thing about this is that faced with the inflation disaster we had when we took office, in three weeks, inflation was at 30 percent, the retail figure, and it was expected to close the month at around 45 percent. I remember one weekend, journalist Gabriel Anello, a great journalist, and an even better person, asked me about inflation, and I told him the truth, that if it stayed at 30, it was a great number because it meant that by the fourth week, prices had stopped rising. And we found that it was 25, meaning there was a retraction in prices that had been fixed from the third week to the second. Then, in January, inflation was 20 percent, and in February, it was 13 percent. Now, when you strip out the statistical carryover effects related to one-time increases, like the tariff adjustments and prepaid health plans, that's equivalent to 6 points, so the true inflation rate for February was around 7%. In other words, we're bringing the inflation rate down to single digits. Furthermore, even if you were to include all these elements in the index, but somehow capture the effect of promotions, which can't be captured by the price index because it's a non-linear pricing scheme and depends on each citizen's consumption, then it's impossible to capture through the CPI due to the effects of "two for one," "three for two," and all those things. So, there's a sort of estimation of how much that weighs, but it can't be documented, and if that effect were considered, despite the previous factors, we would still be in single digits. Furthermore, in the third week of March, the price increase came to a halt, meaning we are moving in the right direction regarding anti-inflationary policy. In fact, some of the criticisms we receive are quite peculiar because, for example, if you look at the evolution of the inflation rate, the speed of the decline is stronger than what occurred during the convertibility period. When you examine the effects of stabilization during convertibility, prices are falling much faster today, or the inflation rate is declining much faster. This also makes sense, and what happens is that during convertibility, the money supply was endogenous, meaning that when there was an increase in the demand for money, the way to validate it was to bring in dollars and sell them to the Central Bank, which implied an expansion of the money supply and allowed for the re-adjustment of relative prices to occur with upward pressure on prices. Notice that since we took office, the monetary base has practically not changed, despite buying $11.5 billion in the market. Not only that, but we also had an expansion of the money supply due to the PUCs that the previous Central Bank administration used to try to control the exchange rate, and there was also expansion due to interest-bearing liabilities. However, the contraction due to BOPREAL has been so significant that the monetary base has barely changed or changed very little. So, we still have the same monetary base of $10 billion, but now on the asset side, we have $11.5 billion more in reserves. Therefore, we are undergoing a very strong process of balancing the Central Bank's balance sheet, and soon we will have net reserves close to zero, whereas the previous government left us with $11.5 billion in negative reserves. Not only are we achieving that, but also when the demand for money is restored, since the nominal money supply is fixed, this implies that to rebuild monetary holdings, people have to sell goods. Therefore, the deceleration of price growth is much more severe than in the convertible scheme because in the convertible scheme, the money supply expanded according to the demand for money and did not conflict with the goods market, which is what causes the inflation rate to fall much faster. I also find it very amusing to those who demand changing the pace of the exchange rate evaluation, which is ridiculous because today the free exchange rate shows no gap. If I take the reference exchange rate from the Central Bank and multiply it by 1.175, which is the PAIS Tax, it would be around 1,060. Therefore, I don't have a gap; I have a negative gap. So, if the market doesn't put it elsewhere, why would I arbitrarily modify it? Based on what? On a calculation made by clueless economists because they make that calculation of the real exchange rate, and the question is, have they never seen that during crisis periods, the real exchange rate is very high, and during boom periods, it is very low? Have they not seen the trend? Have the supply and demand conditions for all goods in the Argentinian and global economy not changed? How can they pretend to be so arrogant as to determine the price of something? Moreover, they average the average. Of what? If with the standard deviation they have, that average is ridiculous. I have an article about that, which says that the real exchange rate is when economists are part of the problem. Moreover, it implies a problem of fatal arrogance or rudeness because it would imply knowing the preferences, technology, and endowments, not only of our economy but also of the rest of the world. It seems quite pathetic to believe that they can have all that information to make all those decisions. Unfortunately, in Argentina, public education - because it's all public, it can be privately managed or state-managed - has done a lot of harm by brainwashing people and leading them to read authors who have truly been disastrous for human history and especially for Argentina. I always joke that if you go to the University of Buenos Aires, to the Faculty of Economics, and ask, "Who is Ludwig von Mises?" They will tell you he's the 9th of Holland, while for others, he's the greatest economist of all time alongside Murray Newton Rothbard. But, of course, they know the bearded one, the German impoverisher Marx, they know him. But beyond this situation, the other funny thing is that if I have the future dollar curve aligned with the Crawling Peg that the Central Bank is implementing, why would I need to devalue? It's incredible, it's ridiculous. They're looking at market data and no. The whole market is wrong, they resemble James. It's incredible because when Keynesians talk about what a great investor James was... He was involved in finance and went bankrupt like a rat and the argument... if you look at Damodaran's Valuation book, there's James’s quote saying he was so arrogant that he said, "It's no use being right when the whole market is wrong. You'll lose anyway." So, everyone was wrong except him, but when they all turned against him, he lost money and went bankrupt. He had to go ask his father, who was friends with Marshall, for help, took a 6-month course, and then got into Cambridge. And when they say he was a great investor, it was all a lie because in reality, as a person with a lot of influence in English politics, he was on both sides of the counter during the War and the Great Depression. I mean, he was in both England and the United States, and Mr. James, the fortune he made, he made through what today would put him in jail, which is the inside trading. That is, he would take information from the American government, which he would use on certain things, and trade with it. It's like the movie Wall Street, Gordon Gekko was a choirboy compared to James. So, it's also another myth that he was a great investor; the guy played with classified information. I mean, nobody else thought of it, but he did. That's why all the regulations on Wall Street came afterward. So, it seems quite comical that we have to change the crawling peg when the entire futures curve is aligned with monetary policy. And in this whole context, given the commitment we have to the deficit zero policy, I often say that I've been tied to the deficit zero policy like Ulysses to the main mast, with the advantage that I have my ministers shooting at the sirens. So, we're going, and we're doing it well. So, from receiving an economy that had a PAIS risk of 2,900 points, today it's already reaching 2,400. Analysts are seeing that we're heading towards 1,000. That's not insignificant because it opens up possibilities for us to enter the capital markets. Our credit rating has been raised, bonds that used to cost $18 are now worth $54, and Argentinian assets have appreciated significantly. When you look at the GDP data today, it's true that it fell in the first quarter, by about 4.5-points, but it's also true that analysts were expecting a 6-point drop. So, we're making a much stronger adjustment than analysts anticipated, and we're falling less. And that also encourages the idea of a "V-shaped" recovery. A very interesting piece of data from the Orlando Ferreres Consultancy emerged, which is that the seasonally adjusted figure for February was positive, just a little bit. So, we're not getting excited about that number, but at least it seems that we'll be finding the bottom at some point in the near future, and many analysts are already talking about a "V-shaped" recovery, which is understandable when you look at how quickly the PAIS risk is falling. At the same time, we are working on the issue of lifting currency controls, and as soon as we manage to clean up the Central Bank's balance sheet, when we can get rid of all the interest-bearing liabilities and put an end to this nefarious practice of remunerating liabilities, what this will imply is that the issuance of money through interest-bearing liabilities will be halted. Simultaneously, another thing we are working on is a reform of the financial system to move towards an integrated system with the capital market and build a banking system that is anti-runs. The truth is, that wouldn't be a problem today because credit to the non-financial private sector is 4-points of GDP, meaning we don't have a financial system; there is no financial system. Therefore, it's interesting that we start building a financial system that doesn't require a lender of last resort. So, if that reform includes integrating the format of banks with a format of the capital market so that we can move towards a system of free banking, that will allow us, when we have that reform, to open the financial system, lift currency controls, and in that context also pass the law against monetary issuance, where basically we consider seigniorage a crime, it's theft, it's counterfeiting, it's fraud. Issuing money is a scam. And in that sense, if there were to be monetary issuance, the President of the Central Bank, the board, the President of the Nation, the Minister of Economy, and deputies and senators who have approved budgets with fiscal deficits would go to jail. Obviously, you might say to me, "But this is Argentina," and surely another criminal will come along and change things and overturn that law. But we will give it the category of non-prescriptible, as if it were a crime against humanity. Therefore, yes, another criminal may come and change these conditions and return to the practice of issuing money, but then another may come and say, "You are a criminal, you did that," and put them in jail. So, we are going for a solution of these characteristics to end this scam of monetary issuance in Argentina. And obviously, as we can continue advancing in this system of free banking, of deep capital markets moving towards a complete system, and we have stopped issuance through rediscounts, issuance through remunerated liabilities, issuance to finance the treasury, we will have a free exchange rate, with the money supply fixed, and if it is necessary for more money to enter the system, it will be entered by the agents themselves. For example, they will open their mattress and start making transactions. Therefore, the monetization of the economy will be done by individuals themselves with the currencies they want to transact. Currency competition has a very interesting consequence. For example, if you're in the oil sector like Alejandro, you can transact with your peers in WTI, or if you're in the gas business, you can transact with others in BTU. If you're in the agriculture sector, you can transact with others using soybeans in Chicago, and so on. Each will have its own currency. This is equivalent to having a basket of currencies where the weights are determined endogenously by the people, instead of being determined by a bureaucrat at their discretion, which they will always get wrong. Even if they did it right, it would have to be this result, and that's what the agents do, so we don't need a bureaucrat sticking their finger in anywhere because they already know where the finger ends up, and often, it ends up being the arm, not the finger, where they stick it. If they had a vaseline business, they would be happier celebrating. So, once we achieve this, we'll be able to lift the currency controls. Currently, we have excess demand in the Foreign Exchange Market and excess supply in the rest of the economy, resulting in low bond prices, high interest rates, and high PAIS Tax. It also means oversupply in the goods market, leading to economic activity deterioration. In fact, our per capita GDP is 15% lower than in 2011, and we have the same number of jobs in the private sector as in 2011. This implies an increase in the number of poor and indigent people, leading to social pressure for support. Naturally, when we close this excess demand in the Foreign Exchange Market, all other excess supplies will close as well. This will result in higher bond prices, lower interest rates, closing the imbalance in the goods market, economic expansion, improvements in real wages, employment, and reduction in poverty and indigence. Then, the economy will start to rebound, despite the corrupt institutions we have and the economy's deep capitalization due to over 20 years of populism. Nonetheless, we can grow and generate genuine economic growth without inflation. And we can do all of this despite the politics, despite all the obstacles, and despite all the garbage they throw at us. But you know what? There's something wonderful, something that even the analog red circle doesn't see. Every DNU issued in Argentina, all of them were aimed at generating regulations, in other words, reducing market freedom, making markets more concentrated, giving businesses to cronies, huge scams, and above all, encroaching on individual freedoms. Remember what they did during the pandemic, this gang of criminals, and yet there were people applauding them for locking us up. No one opposed that deluge of DNUs. Our DNU is the first in history to restore individual freedoms, making markets more competitive. Look at the wonderful thing in the issue of rentals; you couldn't find a property. The number of rental properties doubled, prices in real terms dropped, and the real estate market expanded strongly during the month of February. Look at the interesting things the DNU achieved, which is still in effect, but had a setback in the Senate, which, by the way, isn't so bad because if we only have seven senators and we got 25 votes, it wasn't so bad, there's improvement, there are people betting on change. But obviously, since this also touches on political scams, evidently, since politicians don't want to give up their scams, don't want to lose their privileges, don't want to give up anything, they'd rather sink Argentinians into misery to maintain their caste privileges, that's why they overturned the DNU. And this is very interesting because if I had told you that in two or three months, we were going to be able to order the Argentine ideological spectrum, you would have said I was crazy. And after what happened with the Basic Law and what happened with the DNU, it's wonderful in terms of the principle of revelation; they left all their fingers dirty. On one side, there are the orcs, who are orcs and can't be expected to behave differently because they are orcs. Then there are the people who truly want change, and there are the fraudulent criminals who say they want change, but in reality, they disguise themselves as wanting change but are just as criminal as the orcs, but they are ashamed to be associated with them. So, they hide behind formalities and all those issues, but deep down, they are the same garbage as the orcs. It was very interesting because it became evident, both in the voting in the House, particularly on the articles, and in the Senate the other day, they were exposed. Today, with the vote, it became clear who is against progress, who the criminals are, who are in favor of scams and theft, and who are against returning freedom to the people, against competitive markets, and against letting go of the scams so that people can get their money back. So, it's wonderful because in three months, we ended up unmasking these criminals. And that's also very interesting because it won't come for free in the midterm election; they will pay with their votes, and those criminals will be left out. That will allow us to have a much better midterm election than the one we had last year. That's interesting because we'll have another composition of Congress, and all the reforms that we couldn't push through now, we'll do it at that time, starting on December 11th, 2025. Furthermore, we'll push through the 3,000 pending reforms that we couldn't pass because of this group of criminals who are the obstruction machine, who want the status quo to continue, where you pay the bill, and they benefit. Therefore, I am very optimistic about the future because we are achieving a lot of things despite politics, and people are seeing that. It's very interesting because even though we are facing the largest adjustment in the history of humanity, with 70% of Argentinians acknowledging that they are worse off... There are some very important data points. The first one is that when we took office, only 20% of Argentinians believed they would be better off in a year's time, but in January, that number rose to 30%, in February it climbed to 42%, and today it stands at 50%. This means that despite being worse off in the present, 50% of Argentinians are convinced that we will be better off from now on. Not only that, but 70% of Argentinians are convinced that we will defeat inflation, with 50% of them believing we will do it in the first year and 20% believing we will do it in the second year. When you look at what's happening in terms of a word that represents the sentiment of Argentinians, the word that appears most strongly and fundamentally dominates is "Hope". Yes, people have "Hope", people see that we are going to make it. There is light at the end of the tunnel, and people are seeing it, even though they are going through a tough time now. They've realized that populism leads nowhere, they've realized that the solution lies in embracing the ideas of Liberty, and that's no small feat. If today were the elections in a runoff, we would be getting 58%, that is, it would be 58, 42. Instead of +2, we are +16, and when you ask that group: Who would you vote for in the first round? They would vote for ‘Libertad Avanza’ with 48%, that is, we improved the voting strength by 60% compared to what we obtained. This means that with that alone, we would already win in the first round because the second person in voting intention is Mrs. Cristina Fernández Kirchner with 20%. But not only that, there are 10 points, which if we go for the most rudimentary case, half and half, 48 and 5 = 53. Therefore, what I want to tell you is that there is hope. Do you know why there is hope? Because people woke up, they decided to stop being sheep and decided to be Lions now. Therefore, there is hope because Argentinians are embracing the ideas of freedom, not only that I'm going to tell them that we're going to be better, but they also already know that we're going to be better. Therefore, Argentina does have a future because that future is liberal. Thank you very much.

BK Scholz: A warm welcome, Mr. Prime Minister! I am delighted to welcome you here to Germany for the first time. Your visit is a very special start to a Southeast Asia Week with several high-ranking visits from this important region of the world here in Berlin. The Indo-Pacific region is of great importance to Germany and the European Union. We therefore want to intensify political and economic cooperation. Germany already maintains close economic relations with the region. Malaysia is Germany's most important trading partner in ASEAN. This is of great importance because it is associated with many direct investments in the country, but also with all the economic exchange that results from this. We would like to further expand this partnership. Of course, this is particularly true with regard to the objective of further diversifying our economic relations with the whole world. We want to have good economic and political relations with many countries. We also want closer cooperation on climate protection and the expansion of renewable energies. We are therefore very pleased with Malaysia's announcement that it will stop building new coal-fired power plants and dramatically increase the share of renewable energies. We think this is very important. Malaysia and Germany are established democracies. We are both committed to multilateralism and compliance with international law. It is therefore also right that we deepen our security and defense cooperation. The defense ministries are already working on the necessary cooperation agreements. Of course, we also discussed developments in the Middle East, developments in Gaza and the situation following the Hamas attack on Israeli citizens. It is no secret that our perspective on the Middle East conflict is different to that of others. But that makes it all the more important to exchange views with each other. In any case, we agree that more humanitarian aid must reach Gaza. This is also our clear call to Israel, which has every right to defend itself against Hamas. We do not believe that a ground offensive on Rafah is right. An important step now would also be a ceasefire that lasts longer, preferably during Ramadan, which has now begun and during which we broke the fast together today. Such a ceasefire should help to ensure that the Israeli hostages are released and that, as I said, more humanitarian aid arrives in Gaza. We also have a very clear position on long-term development. Only a two-state solution can bring lasting peace, security and dignity for Israelis and Palestinians. That is why it is so important that we all work together to ensure that a good, peaceful perspective, a lasting common future is possible for Israelis and Palestinians, who coexist well in the two states. Of course, the world is marked by many other conflicts and wars, especially the dramatic war that Russia has started against Ukraine. It is a terrible war with unbelievable casualties. Russia, too, has already sacrificed many, many lives for the Russian president's imperialist mania for conquest. This is against all human reason. That is why we both condemn the Russian war of aggression. It is important to emphasize this once again. The Indo-Pacific is of great importance for the future development of the world. Of course, this also applies to all the economic development and development of the countries there. I therefore welcome the efforts of Malaysia and the ASEAN states to settle disputes peacefully and to find ways to ensure that this becomes typical of everything that has to be decided there. Any escalation must be avoided at all costs. Peace and stability must always and everywhere be maintained on the basis of international law. This applies in particular to the freedom of the sea routes and compliance with the UN Convention on the Law of the Sea. That is why the ongoing negotiations on the Code of Conduct are so important. Thank you once again for coming to Berlin on the first day of Ramadan, at least for our location. We broke the fast together earlier. For me, this is a good sign of peaceful coexistence and solidarity. I see it as something very special. Ramadan Kareem! PM Anwar: Thank you very much, Mr. Chancellor, dear Olaf! Thank you for your wonderful hospitality and for bringing us together today to break the fast! Germany is of course one of our most important partners in Europe. We have seen a huge increase in trade and investment. We can see that major investments have been made. We have visited Siemens. Infineon is a big investor in Malaysia and is showing its confidence in the country and the system here. There are many other examples of companies operating in Malaysia. Of course, my aim is always to expand bilateral relations in the areas of trade and investment and also to benefit from your experience, both in the field of technology and in environmental and climate protection issues. We have set ourselves clear goals for the energy transition. We have drawn up an action plan that is also in line with your policy. Renewable energy, ammonia, green hydrogen - we are pursuing these very actively. Fortunately, Malaysia is also a hub within ASEAN for these renewable energies and technologies. We welcome the German interest in this, also with regard to new investments in the renewable energy sector and with a view to climate change. We have of course discussed this cooperation on this occasion and I am pleased with the Chancellor's willingness to tackle many of these issues. Sometimes we have small differences of view, but it really shows the trust we have in each other. As far as the war in Gaza is concerned, we agree that the fighting must stop. We need a ceasefire immediately. We also need humanitarian aid for the people of Palestine, especially in Gaza. Of course we recognize the concern about the events of 7 October. We also call on Europeans, and Germany in particular, to recognize that there have been 40 years of atrocities, looting, dispossession of Palestinians. Let us now look forward together! I agree with the Chancellor on what he said about the two-state solution. It will ensure peace for both countries. Together we can ensure that there is economic cooperation and progress for the people in the region. We have also positioned ourselves with regard to the war in Ukraine. We have taken a very clear stance against aggression, against efforts to conquer. This applies to every country and, of course, also to Russian aggression in Ukraine. We want a peaceful solution to the conflict. Because this conflict has an impact on trade and economic development as far away as Asia. We have a peaceful region. ASEAN is currently the fastest growing economic area in the world, precisely because it is so peaceful - apart from the issue in Myanmar, but that is contained within Myanmar. The conflict has not spread to the region, although there are of course refugee movements. Within ASEAN, we have jointly agreed on a five-point consensus and the parameters by which the issue can be resolved. The ASEAN countries have agreed that Laos, Malaysia and Indonesia would like to lead the troika together and resolve the conflict with Myanmar. Then there are other issues such as the South China Sea and China. I assured the Chancellor that we are getting along well with China. We have not seen any difficult incidents, but of course we see ourselves as an absolutely independent country. We are of course a small country, but we stand up for our right to cooperate with many countries to ensure that the people of Malaysia also benefit from these mechanisms and from cooperation with other countries. Once again, Mr. Chancellor, thank you very much for this meeting. I am very impressed by your insight, by your analysis of the situation. It is very impressive to see what a big country like Germany is doing, and it was also good to share some of our concerns. I am pleased with the good cooperation. It's not just about trade and investment, it's also about the overall development of bilateral relations in all areas. I also told the Chancellor that the study of Goethe is gaining interest in Malaysia. Questions from JournalistsQuestion: Mr. Prime Minister, can you tell us something about the progress of German investment in Malaysia and can you say something about the challenges for the government in the transition to renewable energy in Malaysia? Mr. Chancellor, in 2022 you spoke about the turning point in German foreign and security policy. But if you now look at ASEAN or Southeast Asia: How does Germany see Malaysia in terms of its bilateral importance, trade and also regional issues? PM Anwar: Within the European Union, Germany is our biggest trading partner. They have made large investments, up to 50 billion US dollars. I have already addressed Infineon and many other leading German companies and I have said in our discussions that we are very pleased that they have chosen Malaysia as an important hub, as a center of excellence, as a training center in the region and I look forward to further cooperation in this area. Of course, I also mentioned that education should be a priority. There are 1000 Malaysian students here in Germany and also several hundred German students in Malaysia. We are also very happy about that. We are working with many German companies to train people and strengthen cooperation. We have taken important steps in renewable energy. We are investing in solar energy, in green energy and in our renewable energy export capacity. There is now an undersea green energy cable to the new capital of Indonesia, another to Singapore, and another cable to the Malay Peninsula. You can also see from the fact that data centers and artificial intelligence are growing and thriving in the Malaysian region that this has great potential. BK Scholz: Thank you very much for the question. - First of all, the turning point lies in the Russian attack on Ukraine. This was the denunciation of an understanding that we have reached in the United Nations, in the whole world, namely that no borders are moved by force. But the Russian war of aggression is aimed at precisely that, namely to expand its own territory as a large country at the expense of its neighbor - with a terrible war. We cannot accept this - not in Europe and not anywhere else in the world. That is why it is right for us to support Ukraine and to do so in a very comprehensive manner. After the USA, Germany is the biggest supporter - both financially and in terms of arms supplies - and in Europe it is by far the country that is making the greatest efforts to help Ukraine defend itself. But this touches on an issue that is important for the whole world. Anyone who knows a little about the history of the world - and it is colorful and diverse - knows that if some political leader is sitting somewhere, leafing through history books and thinking about where borders used to be, then there will be war all over the world for many, many years. We must therefore return to the principle of accepting the borders as they are and not changing them by force. That is the basis for peace and security in the world. That is why we are also very clear on this together. For Germany, however, this does not mean that we lose sight of our own economic development, the development of Europe and the world. As you may already have noticed, it is particularly important for the government I lead and for me as Chancellor of Germany that we now make a major new attempt to rebuild relations between North and South and to ensure that we cooperate with each other on an equal footing in political terms, that we work together on the future of the world, but that we also do everything we can to ensure that the economic growth opportunities and potential of many regions in the world are exploited to the maximum. This is why economic cooperation between Europe and ASEAN, between Germany and ASEAN, between Germany and Malaysia plays such an important role, and we want to make progress in the areas we have just mentioned. Renewable energies are central to this. We know that: We need to increase the prosperity of people around the world. Billions of people want to enjoy a level of prosperity similar to that which has been possible for many in the countries of the North in recent years. If this is to succeed, it will only be possible if we do not damage the environment in the process, which is why the expansion of renewable energies is so important. New and interesting economic opportunities are also emerging, for example in the area of hydrogen/ammonia - this has been mentioned - because the industrial perspective of the future will depend on more electricity, which we need for economic processes - and this from renewable energies - and on hydrogen as a substitute for many processes for which we currently use gas, coal or oil. Driving this forward and creating prosperity together all over the world is a good thing. The fact that the German semiconductor industry and successful German companies in the electronics sector are investing so much in Malaysia is a good sign for our cooperation. We want to intensify this. Question: Thank you very much, Mr. Prime Minister. Your government supports Hamas and, unlike Western countries, has not described Hamas' attack on Israel as terrorism. In November you said that Hamas was not a terrorist organization. Do you stand by this assessment and are you not afraid that this position on Hamas could affect relations with countries like Germany? Mr. Chancellor, I have a question for you: Do you think that Malaysia's position on Hamas could damage bilateral relations between Germany and Malaysia? And if I may, one more question on Ukraine: Germany is still discussing the delivery of cruise missiles to Ukraine. The Foreign Minister said yesterday that a ring swap with the UK was an option, i.e. Germany sending Taurus cruise missiles to the UK and the UK then sending its Storm Shadow cruise missiles to Ukraine. Do you think this is also an option? PM Anwar: Our foreign policy position is very clear and has not changed. We are against colonialism, apartheid, ethnic cleansing and dispossession, no matter in which country it takes place, in Ukraine or in Gaza. We cannot simply erase or forget 40 years of atrocities and dispossession that have led to anger in the affected societies and also action after action. Our relations with Hamas concern the political wing of Hamas, and we will not apologize for that either. This cooperation has also helped to raise concerns about the hostages. We have no links with any military wings. I have already said that to my European colleagues and also in the US. But we have some different views. The Australian National Congress also recognized long before the Europeans or Americans that this apartheid policy must be abolished. That's why we have taken that position. We need to understand what the fundamental problem with this is. We cannot allow people to be plundered, to have their homes taken away from them. This has to be solved. Am I in favor of people, of children being killed? Absolutely not. No, nobody should do that. That is the consistency in our politics. But I am against this obsession, this narrative, as if the whole problem started on October 7 and would end then. It didn't start on October 7, and it won't end then either. It started 40 years ago and it's still going on today. Against this background, I am of the opinion - and I have also said this to the Chancellor - that we should now look to the future. We have a problem. Do we want to deal with history now, with the atrocities that have happened, or do we want to solve the problem now? Solving the problem now means: the fighting must stop, the killing must stop. Then the whole international community - Germany, Malaysia and all neighboring countries - can ensure that there is no more violence, from any group, against anyone - not against Muslims, Christians or Jews. People must be able to live in peace. Thank you very much. BK Scholz: I have already said it and I would like to repeat it again: Germany's position is clear. Israel has every right to defend itself against the terrorist attack by Hamas. We have always made that clear in recent days, weeks and months, and it remains so. Israel can rely on that. At the same time, we have clear positions on further developments, and these have already been stated. Let me say this once again: we want more humanitarian aid to reach Gaza. We want the hostages to be released, unconditionally. We want there to be no unnecessary victims. That is why we have said very clearly what forms of military warfare are compatible with international law and what we find difficult. I have spoken out on Rafah and on the need for a long-term peaceful perspective with a two-state solution that makes it possible for Palestinians in Gaza and the West Bank to live peacefully in a separate, self-governing state alongside Israel - as a democracy in the region, and where the citizens of Israel can also rely on us. That is the perspective we are working for and what is at stake now. That is why we are working - despite the different assessments of the specific issue - on a peaceful perspective, which is necessary. I would like to repeat what I have to say on the issue of supporting Ukraine in its defense. Germany is by far the country that is providing the most support for Ukraine - financially, but also in terms of arms deliveries. All in all, the deliveries to date and those promised amount to 28 billion euros and 30 billion dollars. That is a considerable sum. We have mobilized everything to ensure that Ukraine receives the necessary support from us - ammunition, artillery, tanks, air defence of various kinds, which is also highly efficient and very much appreciated. Our support is reliable and continuous. Ukraine knows this, and we hear time and again how much this great support is appreciated there. As far as the one weapon system is concerned, I am of the opinion that it cannot be used without control in view of its effect and the way in which it can be used, but that the involvement of German soldiers is not justifiable, not even from outside Ukraine. I have therefore said that I do not consider the deployment to be justifiable and that it is therefore not a question of direct or indirect involvement, but of us being clear on this specific issue. My clarity is there. It is my job as Chancellor, as head of government, to be precise here and not to raise any misleading expectations. And my answers are correspondingly clear. Question: Good afternoon, Excellencies! You both mentioned the situation in Gaza and said that we must look ahead to a two-state solution. But how much influence can this meeting have on a humanitarian ceasefire? PM Anwar: Germany is an important country in Europe and has established good relations with Israel, and we have somewhat better relations with Palestine, with the Palestinian Authority and also with the political Hamas. Other Arab countries and neighboring states of Palestine and Israel are doing what they can. We should also be a little more positive. It is of course a chaotic situation, an uncertain situation. There is no easy solution. The Palestinians have suffered a lot. The Netanyahu government has also been very clear in its stance. There is no easy solution. We have to stop the killing of innocent people on both sides, the killing of civilians. We now need a permanent ceasefire and, ultimately, a two-state solution. This is also possible if the international community has the courage and determination. I have said: sometimes you get really depressed when you have the feeling that this case has already been morally abandoned and that there is no real will from all countries to stop the war and find a solution. I am sure that the countries of the Middle East, the international community, Germany and the other parties involved want this peaceful solution. BK Scholz: We would all have liked the start of Ramadan to have been accompanied by a longer-lasting ceasefire, which would have been linked to the release of the hostages by Hamas and also to an increase in humanitarian aid reaching Gaza. Having said that, the aim now is to bring this about as soon as possible. I believe that would be very important for everyone and could also create prospects for further developments. That is what is at stake now. We are in agreement with the American government and the European Union in everything we do. Many people around the world are also trying to work in this direction - as we have heard here, but this also applies to neighboring countries. What we must prevent is an escalation of the war. We also warn against Iran or the Iranian proxies becoming more involved in this war than is already the case. This must be resolved soon. As I said, how this can be done is something that is very clear to me, to the European Union, to the USA and to many others, and it has also been mentioned here together. Question: Mr. Prime Minister, you said that history should be left behind. But for the Israeli hostages, October 7 is still the present, also for their families. Regarding the talks you are holding with the political leadership of Hamas: What are you talking about? How much hope do you have that these hostages will be released soon? Can you also say something about what you saw on October 7 and the fact that these hostages are still being held by this terrorist violence? Mr. Chancellor, you recently met the Pope, who has now caused controversy with his statements on the white flag, which Ukraine has taken to mean, as the Foreign Minister said, that the Church is behaving more or less as it did at the beginning of the 20th century, in other words that the Church did nothing against Nazi Germany at that time. How do you react to the Pope's statements? PM Anwar: Thank you. I have already made my opinion clear. You cannot simply overlook the atrocities of the last four decades, and you cannot find a solution by being so one-sided, by looking only at one particular issue and simply brushing aside 60 years of atrocities. The solution is not simply to release the hostages. Yes, the hostages should be released, but that is not the solution. We are a small player. We have good relations with Hamas. I have told the Chancellor that, yes, I too would like the hostages to be released. But is that the end of it, period? What about the settlements, the behavior of the settlers? No, it goes on every day. What about the expropriations, their rights, their land, their dignity, the men, the women, the children? Is that not the issue? Where is our humanity? Why is there this arrogance? Why is there this double standard between one ethnic group and another? Do they have different religions? Is it because of that? Why is there a problem? Yes, we want the rights of every single person to be recognized, regardless of whether they are Muslim, Jewish or Christian. I am very clear on that. But of course I cannot accept that the issue is focused on just one case, on one victim, and that the thousands of victims since 1947 are simply ignored. Is humanity not relevant? Is compassion not relevant? That is my point. Do I support any atrocities by anyone towards anyone? No. - Do I want hostages to be held? No. But you can't look at the narrative in such a one-sided way. You can ask if I disagree with some subgroups. But that's not the way to solve the issue. We have to be fair, just, and find an amicable solution that is just, that is fair. BK Scholz: Once again what I have already said: Germany has a special and good relationship with Israel. That is very important to us. That's why Israel can also rely on us. You have a clear position on what is necessary now. That includes the release of the hostages. That includes humanitarian aid. It includes the prospect of a two-state solution. I have already spoken about this, I just want to mention it again here. This is also important for us. We were very supportive of the founding of the state of Israel, and German policy will continue to develop along these lines. As far as the Russian war of aggression against Ukraine is concerned, Germany's position is very clear: Ukraine has the right to defend itself, and Ukraine can rely on us to support it in many, many ways. I have already said that we are very far ahead when it comes to the volume and quality of the arms supplies we have provided. That is also true. That is why, of course, I do not agree with the position quoted.

Dear colleagues, Dear guests, This Summit, for which I thank the leadership of the United Arab Emirates, is a key moment in our efforts to contain global temperature rise to within 1.5°C. We have reached the first Global Stocktake, and while there are reasons to be optimistic, the goal remains far off. COP28 must be a turning point. We are called upon to set a clear direction and enact concrete actions – reasonable but concrete - such as tripling the world’s renewable energy generation capacity by 2030 and doubling the global rate of annual energy efficiency improvements, as also outlined by the Presidency. Italy is doing its part in the decarbonization process, and it does it in a pragmatic way, that means with a technology-neutral approach, free from unnecessary radicalism. My idea is that if we want to be effective, if we want environmental sustainability that does not compromise the economic and social sphere, what we must pursue is an ecological transition, and not an ideological one. We are gradually replacing coal-fired power generation with renewables, we have adopted a new Energy and Climate Plan, and we are investing resources and attention on biofuels, so much so that we are among the founders of the Global Biofuels Alliance. In the European context, we have charted a path to carbon neutrality by 2050 and to reduce emissions by at least 55 percent by 2030. But we are also committed to ensuring, through the EU "Fit for 55" program, a multi-sectoral approach that strengthens labor markets and mitigates the impact on our citizens. And this is an essential point, because if we think that the green transition can result in unbearable costs, particularly for the most vulnerable, we condemn it to failure. Italy intends to direct an extremely significant share of the Italian Climate Fund – whose overall endowment is 4 billion euro – to the African continent. Not, however, through a charitable approach, because Africa does not need charity. It needs to be put in the condition to compete on an equal footing, in order to grow and prosper thanks to the multitude of resources that the continent possesses. A cooperation between equals, rejecting paternalistic and predatory approaches. Energy is one of the cornerstones of the Mattei Plan for Africa, the cooperation and development plan on which Italy is working with great determination to build mutually beneficial partnerships and support the energy security of African and Mediterranean Nations. And we are also, in this way, working towards becoming a strategic hub for clean energy, by developing the necessary infrastructure and generation capacity, in our homeland and in the Mediterranean. After the Rome Conference on Development and Migration, two new financial instruments were established to address the root causes of migration, combat human traffickers, and guarantee the right not to emigrate. We will continue to support the Green Climate Fund also in the next cycle, and as I’ve already announced yesterday, we will contribute with 100 million euro to the new loss and damage fund, strongly pursued by the Emirates’ Presidency. And all these priorities will also be at the heart of Italy's G7 Presidency, in 2024. I want to thank, in conclusion, the Emirati Chair and Sultan Al Jaber and express my congratulations for a COP28 of absolute success. We are all aware, colleagues, that many of the efforts we are making today will likely produce visible results when many of us no longer have roles of responsibility. But doing it anyway – not for ourselves but for those who will come after us – defines the value of our leadership. As Warren Buffet wrote, "There is someone sitting in the shade today because someone else planted a tree long ago." Thank you.

Prime Minister Benjamin Netanyahu and US Secretary of Defense Lloyd Austin, at the Kirya in Tel Aviv, issued the following statements at the start of the expanded meeting with the members of the War Cabinet: Prime Minister Netanyahu: “Mr. Secretary, it's good to welcome you and your delegation again. We're fighting a war of civilization against barbarism. I can say that when we spoke, I expressed again our commitment, Israel's commitment, to achieve total victory against Hamas. And we think this is not only our war but in many ways your war because you are leading the forces of civilization in the world. This is a battle against the Iranian axis, the Iranian axis of terror, which is now threatening to close the maritime strait of Bab el-Mandeb. This threatens the freedom of navigation of the entire world. I appreciate the fact that you're taking action to open that strait. It's not only our interest, it is the interest I think of the entire civilized community. I want to thank you for the support that you have shown consistently, and I welcome the opportunity to talk about what else we're doing to have our common interests served." US Secretary of Defense Austin: "Prime Minister Netanyahu, thanks for hosting us again. This is my fourth visit to Israel as Secretary of Defense and my second since the terrible day of October 7th. I'm here to underscore what President Biden has said again and again: our commitment to Israel is unshakeable. I know that Israel is a small, tightknit country and I know that all Israelis were touched by the vast evil committed by Hamas. So I'm here to mourn with you for the innocent souls taken from you on October 7th and I'm also here to stand alongside the families of those still missing in Gaza, including US citizens. America's commitment to Israel is unwavering and no individual, group or state should test our resolve. So in the Red Sea, we're leading a multinational maritime taskforce to uphold the bedrock principle of freedom of navigation. Iran's support for Houthi attacks on commercial vessels must stop. Now, we'll continue to provide Israel with the equipment that you need to defend your country, Mr. Prime Minister, including critical munitions, tactical vehicles and air defense systems. We'll continue to support Israel's mission to find and free all of the hostages. I'm also here to discuss how we can best support Israel on a path to lasting security and that means tackling urgent needs first. We must get more humanitarian assistance in to the nearly two million displaced people in Gaza and we must distribute that aid better. We want to thank you for the recent initiatives that you've taken, Mr. Prime Minister. We applaud that and hopefully that will enable us to move even more in. Thanks for again being a great host and I look forward to a great discussion, Mr. Prime Minister." Also participating in the meeting are: For the Israeli side – Defense Minister Yoav Gallant, Minister Benny Gantz, Minister Gadi Eisenkot, MK Aryeh Deri, National Security Council Director Tzachi Hanegbi, the Prime Minister's Chief of Staff Tzachi Braverman, Government Secretary Yossi Fuchs, IDF Chief-of-Staff Lt.-Gen. Herzi Halevi, the Prime Minister's Military Secretary Maj.-Gen. Avi Gil, and the Prime Minister's Foreign Policy Adviser Ophir Falk. For the American side – Chairman of the Joint Chiefs of Staff Gen. Charles Brown, Special Envoy for Humanitarian Affairs David Satterfield, Secretary Austin's Chief of Staff Kelly Magsamen and Deputy Chief of Mission at the US Embassy in Israel Stephanie Hallett. *** The views and opinions expressed in this article solely belong to the author and do not represent the perspectives or stance of World and New World Journal, nor do they reflect the opinions of any of our employees. World and New World Journal does not endorse or take responsibility for the content, opinions, or information presented in this article. Readers are encouraged to consider multiple sources and viewpoints for a comprehensive understanding of the subject matter. Thank you for your understanding.

Vladimir Putin held talks with President of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi. The agenda included the current state of multifaceted Russia-UAE cooperation and prospects for the further expansion of ties, as well as topical international issues with a focus on the situation in the Middle East. Before the consultations began, an official welcoming ceremony for the Russian President was hosted by the President of the UAE at the Qasr Al Watan Palace. Foreign Minister Sergei Lavrov, First Deputy Prime Minister Andrei Belousov, Deputy Prime Minister – Minister of Industry and Trade, Russian co-chair of the Russian-Emirati Intergovernmental Commission on Trade, Economic and Technical Cooperation Denis Manturov, Deputy Prime Minister Alexander Novak, Deputy Chief of Staff of the Presidential Executive Office – Presidential Press Secretary Dmitry Peskov, presidential aides Igor Levitin, Maxim Oreshkin and Yury Ushakov, Russia’s Ambassador to the UAE Timur Zabirov, as well as Head of the Chechen Republic Ramzan Kadyrov, Central Bank Governor, heads of the Roscosmos State Corporation, Russian Direct Investment Fund, Rosatom State Corporation, Rosoboronexport, VEB.RF State Development Corporation, and other officials took part in the talks on Russia’s side. * * * Beginning of Russia-UAE talks President of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan (retranslated): Welcome, my dear friend Vladimir Putin, to the United Arab Emirates. I am glad to see you again. Let me begin by emphasising the historical nature of relations between the Russian Federation and the UAE. Over the past years, we have witnessed a substantial push to develop these relations in various spheres for the mutual benefit of our nations and people. I would like to express my great appreciation for your personal and effective contribution to strengthening our bilateral relations. In this context, I would like to say that the UAE is Russia’s biggest trade partner in the Middle East and in the Gulf Region. Let me note that the UAE is a major investor in the Russian economy. Investment in the non-oil sector increased by 103 percent over the past year. I would like to specifically mention that this is an unprecedented breakthrough which demonstrates the special nature of relations between our countries. I will be glad to continue working together on strengthening bilateral cooperation in various spheres. Of course, promoting development in energy, infrastructure, and high technologies, as well as elsewhere has special priority. In addition to this, I would like to mention that the United Arab Emirates and the Russian Federation have been working together and cooperating within various international frameworks. For example, we work together within BRICS and the Shanghai Cooperation Organisation, where the Emirates were granted dialogue partner status in May 2023. We are also developing and promoting the strategic dialogue between the Russian Federation and the Gulf Cooperation Council. This helps us reinforce our relations and expand them in various spheres, promoting a proactive exchange of views on key international and regional matters, as well as on key items on our bilateral agenda. Once again, Mr President, welcome to the United Arab Emirates. I wish progress and prosperity to the Russian Federation and its people. President of Russia Vladimir Putin: Your Highness, friends, First of all, I would like to thank you for inviting us and for this colourful and friendly welcome. The other day, the United Arab Emirates celebrated the 52nd anniversary of its founding. I want to congratulate you on this and I want to recall that the Soviet Union was among the first to recognise this independent, self-reliant, and sovereign state. Today, our relations – thanks to the position you have taken – have reached unprecedented heights. You and I are in constant contact, and our colleagues work together on a permanent basis. In fact, the United Arab Emirates is Russia’s main trade partner in the Arab world. Last year, trade grew by 67.7 percent. This year, I think, the figures will be even higher. The same goes for investment activity. There is also progress in industrial cooperation, by which I mean cooperation to build certain industrial facilities in the United Arab Emirates and in the Russian Federation. A number of major oil and gas projects are being implemented. We also cooperate through OPEC Plus. We certainly attach due importance to humanitarian ties. Tourist exchanges are making headway: last year, almost one million tourists from Russia – a little over 900,000 – visited the UAE. A Russian school has been opened, and we are grateful to you for ordering land set aside to build a Russian Orthodox church. We also cooperate internationally. As a non-permanent member of the UN Security Council, the United Arab Emirates makes a huge contribution to stabilising the situation in the world. We will certainly discuss with you the situation in the main hot spots, primarily, of course, the Arab-Palestinian-Israeli conflict. I will certainly inform you of the developments in the context of the Ukraine crisis. I am quite pleased that the United Arab Emirates is beginning to work within the BRICS system. In 2024, Russia will chair this organisation. We will continue contacts on this. We look forward to meeting you at the [BRICS] summit in Kazan in October 2024. The UAE is currently hosting one of the world’s most important environmental forums. The first results of the effort to implement the Paris Agreement are being summed up. As expected, you are holding this event at the highest level, and very many people in the world, even those who do not identify themselves with environmental movements, are certainly grateful to you for this work. A Russian delegation is also involved in this work at the highest level. We wish you success. I have no doubt that it will be so. Shukran! <…>

A meeting between Vladimir Putin and Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman Al Saud took place in the Saudi King’s al-Yamamah Palace. At the Conclusion of the Visit of Vladimir Putin to the Kingdom of Saudi Arabia a Joint Statement has been adopted. Beginning of Russian-Saudi talks Crown Prince, Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman Al Saud (retranslated):We can find many topics and subjects of common interest, on which we are working together to promote stability and development around the world, including in the Middle East. Over the past seven years, we have achieved a lot in our bilateral relations, for example, in the energy sector, investment and agriculture. In addition, our political cooperation and interactions have had a positive influence on several Middle Eastern issues and helped enhance security. Moreover, our future political ties and cooperation will, no doubt, have a positive bearing on the international environment. We have broad and far-reaching opportunities ahead of us, and by seizing them we can work together for the benefit of our nations and the entire world. I would like to reiterate, Mr President, that you are a cherished guest here in Saudi Arabia. We welcome you on behalf of its government and its people. Welcome! President of Russia Vladimir Putin: Thank you. Your Highness, first, I would like to thank you for the invitation. We expected to see you in Moscow. I know that the circumstances have affected these plans. But, as I said, nothing can prevent the development of our friendly relations. Indeed, being in this region on a scheduled visit to the United Arab Emirates, I used your invitation to come and see you and all our friends that we have been vigorously developing our interaction with over the past seven years. That said, the next meeting will hopefully take place in Moscow. Mohammed bin Salman Al Saud (retranslated): Of course, we are ready. Vladimir Putin: Agreed. Indeed, the Soviet Union was among the first to recognise the independent state of Saudi Arabia. This was almost a hundred years ago. Our relations have developed in different ways during this time. Mohammed bin Salman Al Saud: I would like to note that it was the development of independence rather than the independence of a state that was recognised at that time. Vladimir Putin: In any event, we respected the will of the subjects of Saudi Arabia to build their future independently. Much has happened in our relations during this time, but over the past seven years, they have certainly reached a truly unprecedented level. This was achieved owing to the wise policy of your father, the Custodian of the Two Holy Mosques King of Saudi Arabia with your direct participation. We have stable, very good ties in political interaction, the economy and in humanitarian area. And, of course, it is now very important for all of us to exchange information and views on what is taking place in the region. No doubt, our meeting is timely. Thank you very much for your invitation, once again. Mohammed bin Salman Al Saud: Welcome! <…>

Prime Minister Benjamin Netanyahu, today, at the Knesset in Jerusalem, met with UK Foreign Secretary and former Prime Minister David Cameron and said at the start of their meeting: "Thank you, David, for coming here and standing with Israel. We hope to get our hostages out. It's not without its challenges. But we have to, we hope to get this first tranche out. And then we're committed to getting everyone out. We'll continue with our war aims, namely to eradicate Hamas, because Hamas has already promised that they will do this again and again and again. They're a genocidal terrorist cult. There's no hope for peace between Israel and the Palestinians, between Israel and the Arab states, if we don't eradicate this murderous movement that threatens the future of all of us. It's a larger battle of civilization against barbarism, the kind of savagery that you saw on your visit. It's the worst savagery perpetrated on Jews since the Holocaust. And just as the world united to vanquish the Nazis or vanquish al-Qaeda after 9/11 or vanquish ISIS, we have to unite to vanquish Hamas. Israel sustained proportionately twenty 9/11s – twenty 9/11s. It's as though 50,000 Americans were slaughtered in a single day and 10,000 were held hostage, including a nine-month-old baby. He can't walk, he can't talk, he's a hostage. What kind of people do this? The answer is these are not people; these are monsters. These monsters have to go. They'll go. We'll pursue the battle until that goal is achieved, and we give a different future for Gaza and for us." UK Foreign Secretary Cameron: "I just want to say thank you very much for finding the time to see me. I wanted to come in person and go to the sites of the country and go to Kibbutz Be'eri to see just the true nature of the horrific attacks that you faced. I think it's very important to do that and see that. And, you know, we stand with the people of Israel in sympathy for what you have gone through. I think that was important. Today, obviously, it's important we talk about this potential humanitarian pause. I think it's an opportunity to crucially get hostages out and to get aid into Gaza. There's never an excuse for this sort of hostage taking. All the hostages should be released. I hope everyone who's responsible and behind this agreement can make it happen, to bring relief to those families, including, of course, there are British nationals who have been taken hostage. And so that, let's hope that that can be delivered. Thank you for the time. There's lots of things to talk about. It's very good to see you again." Attending the meeting for the Israeli side were the Strategic Affairs Minister, the Director of the National Security Council, the Prime Minister's Chief of Staff, the Prime Minister's Military Secretary, the Prime Minister's Foreign Policy Adviser and the Israeli Ambassador to the UK. Attending for the British side were the British Ambassador to Israel and head of the Foreign Office Middle East and North Africa Division, among others.