1
00:09:40,667 --> 00:09:43,633
And uh Iâ€™m very sorry that uh 

2
00:09:43,633 --> 00:09:47,167
And uh Iâ€™m very sorry that uh 
second wave of uh is now uh 

3
00:09:47,167 --> 00:09:47,900
second wave of uh is now uh 
attacking the European 

4
00:09:47,900 --> 00:09:50,000
attacking the European 
countries, especially and in 

5
00:09:50,000 --> 00:09:54,667
countries, especially and in 
Japan uh uh oh. uh mortality is 

6
00:09:54,667 --> 00:09:58,567
Japan uh uh oh. uh mortality is 
now about five to ten people in 

7
00:09:58,567 --> 00:10:00,533
now about five to ten people in 
each day and new infection is 

8
00:10:00,533 --> 00:10:03,367
each day and new infection is 
about 500 or so, but still the 

9
00:10:03,367 --> 00:10:06,466
about 500 or so, but still the 
life is uh threatened and also 

10
00:10:06,466 --> 00:10:09,933
life is uh threatened and also 
uh uh uh problems for education 

11
00:10:09,933 --> 00:10:11,967
uh uh uh problems for education 
because universities are closed 

12
00:10:11,967 --> 00:10:16,467
because universities are closed 
and most of the uh. 

13
00:13:29,866 --> 00:13:31,467
Protocol issues of mental 

14
00:13:31,467 --> 00:13:34,933
Protocol issues of mental 
issues even and also there was 

15
00:13:34,933 --> 00:13:37,233
issues even and also there was 
an idea of uh uh protecting 

16
00:13:37,233 --> 00:13:39,266
an idea of uh uh protecting 
technologies over the countries 

17
00:13:39,266 --> 00:13:41,699
technologies over the countries 
or companies we can adjust uh 

18
00:13:41,699 --> 00:13:45,234
or companies we can adjust uh 
the uh make uh uh these 

19
00:13:45,234 --> 00:13:46,000
the uh make uh uh these 
technologies uh interrupt your 

20
00:13:46,000 --> 00:13:49,767
technologies uh interrupt your 
property rights and so on uh 

21
00:13:49,767 --> 00:13:51,533
property rights and so on uh 
taken uh by a stolen, even by 

22
00:13:51,533 --> 00:13:53,400
taken uh by a stolen, even by 
other countries we need to 

23
00:13:53,400 --> 00:13:56,201
other countries we need to 
protect those things uh itâ€™s uh 

24
00:13:56,201 --> 00:13:57,967
protect those things uh itâ€™s uh 
also right of countries or 

25
00:13:57,967 --> 00:13:59,134
also right of countries or 
companies to protect the prop 

26
00:13:59,134 --> 00:14:00,933
companies to protect the prop 
right because there. Investment 

27
00:14:00,933 --> 00:14:03,533
right because there. Investment 
to produce those things and 

28
00:14:03,533 --> 00:14:05,700
to produce those things and 
also there was an idea of of 

29
00:14:05,700 --> 00:14:07,600
also there was an idea of of 
the supply chain disruptions 

30
00:14:07,600 --> 00:14:10,000
the supply chain disruptions 
for any reasons, including 

31
00:14:10,000 --> 00:14:12,634
for any reasons, including 
natural disasters sometimes uh 

32
00:14:12,634 --> 00:14:14,234
natural disasters sometimes uh 
supply chain over a global 

33
00:14:14,234 --> 00:14:16,766
supply chain over a global 
value chain is disrupted and 

34
00:14:16,766 --> 00:14:18,533
value chain is disrupted and 
unless we have a second option 

35
00:14:18,533 --> 00:14:21,833
unless we have a second option 
if there is a concentrations of 

36
00:14:21,833 --> 00:14:23,666
if there is a concentrations of 
productions and so in certain 

37
00:14:23,666 --> 00:14:25,967
productions and so in certain 
areas in certain country uh it 

38
00:14:25,967 --> 00:14:30,367
areas in certain country uh it 
is uh we will lose uh 

39
00:14:30,367 --> 00:14:31,600
is uh we will lose uh 
everything and it is disrupted 

40
00:14:31,600 --> 00:14:35,534
everything and it is disrupted 
uh one. 

41
00:15:23,967 --> 00:15:26,766
The next week please but uh 

42
00:15:26,766 --> 00:15:29,266
The next week please but uh 
cannot and should not receive 

43
00:15:29,266 --> 00:15:31,767
cannot and should not receive 
very much. although as I said I 

44
00:15:31,767 --> 00:15:34,500
very much. although as I said I 
myself feel that the 

45
00:15:34,500 --> 00:15:35,899
myself feel that the 
conversation should be adjusted 

46
00:15:35,899 --> 00:15:39,333
conversation should be adjusted 
but uh it should do not and 

47
00:15:39,333 --> 00:15:40,867
but uh it should do not and 
cannot receive very much 

48
00:15:40,867 --> 00:15:42,800
cannot receive very much 
because trade and the 

49
00:15:42,800 --> 00:15:43,767
because trade and the 
interaction with the people 

50
00:15:43,767 --> 00:15:44,767
interaction with the people 
have been the most important 

51
00:15:44,767 --> 00:15:46,466
have been the most important 
elements of development of 

52
00:15:46,466 --> 00:15:49,200
elements of development of 
human suicide human history 

53
00:15:49,200 --> 00:15:53,034
human suicide human history 
even uh 500 years before Christ 

54
00:15:53,034 --> 00:15:55,299
even uh 500 years before Christ 
uh in Japan was a very uh kind 

55
00:15:55,299 --> 00:15:56,434
uh in Japan was a very uh kind 
of regimen of society, but 

56
00:15:56,434 --> 00:16:00,500
of regimen of society, but 
still they traded. 

57
00:18:05,866 --> 00:18:09,400
Asia and Europe have been 

58
00:18:09,400 --> 00:18:11,066
Asia and Europe have been 
mainly over the globalization 

59
00:18:11,066 --> 00:18:14,899
mainly over the globalization 
and Asia, especially East Asia. 

60
00:18:14,899 --> 00:18:17,600
and Asia, especially East Asia. 
uh there has been uh very 

61
00:18:17,600 --> 00:18:21,367
uh there has been uh very 
strong uh movement to the the 

62
00:18:21,367 --> 00:18:22,666
strong uh movement to the the 
globalization of supply chain 

63
00:18:22,666 --> 00:18:25,801
globalization of supply chain 
connections and China has been 

64
00:18:25,801 --> 00:18:30,667
connections and China has been 
uh this kind of uh. 

65
00:25:02,233 --> 00:25:05,967
Actually around 1990s uh and 

66
00:25:05,967 --> 00:25:09,800
Actually around 1990s uh and 
also and uh is the most 

67
00:25:09,800 --> 00:25:11,967
also and uh is the most 
important export destinations 

68
00:25:11,967 --> 00:25:14,066
important export destinations 
for countries, although it is 

69
00:25:14,066 --> 00:25:16,801
for countries, although it is 
often about it is not the US or 

70
00:25:16,801 --> 00:25:18,300
often about it is not the US or 
China, which are the most 

71
00:25:18,300 --> 00:25:20,166
China, which are the most 
important export this nation 

72
00:25:20,166 --> 00:25:23,967
important export this nation 
for Philippines, Thailand and 

73
00:25:23,967 --> 00:25:26,000
for Philippines, Thailand and 
Hong Kong uh Korea and even 

74
00:25:26,000 --> 00:25:29,933
Hong Kong uh Korea and even 
China through Hong Kong has 

75
00:25:29,933 --> 00:25:33,767
China through Hong Kong has 
been uh very serious uh 

76
00:25:33,767 --> 00:25:35,400
been uh very serious uh 
promoter of over the world and 

77
00:25:35,400 --> 00:25:39,000
promoter of over the world and 
also. In the region, but the 

78
00:25:39,000 --> 00:25:41,433
also. In the region, but the 
cooperative of circumstances 

79
00:25:41,433 --> 00:25:44,000
cooperative of circumstances 
the being challenged by Chinaâ€™s 

80
00:25:44,000 --> 00:25:46,933
the being challenged by Chinaâ€™s 
growing as I say and the US 

81
00:25:46,933 --> 00:25:51,767
growing as I say and the US 
China disputes the next page. 

82
00:25:51,767 --> 00:25:55,067
China disputes the next page. 
So I think some states the 

83
00:25:55,067 --> 00:25:56,233
So I think some states the 
foundation of democracy but by 

84
00:25:56,233 --> 00:25:59,866
foundation of democracy but by 
voters and taxpayers so we 

85
00:25:59,866 --> 00:26:02,466
voters and taxpayers so we 
cannot regard the system, 

86
00:26:02,466 --> 00:26:04,600
cannot regard the system, 
including EU or United nations 

87
00:26:04,600 --> 00:26:09,534
including EU or United nations 
or whatever uh to so system I 

88
00:26:09,534 --> 00:26:13,467
or whatever uh to so system I 
think system should be based on 

89
00:26:13,467 --> 00:26:18,234
think system should be based on 
so arrangement but uh is 

90
00:26:18,234 --> 00:26:20,201
so arrangement but uh is 
because it is uh the sole 

91
00:26:20,201 --> 00:26:22,333
because it is uh the sole 
states uh once again the 

92
00:26:22,333 --> 00:26:25,966
states uh once again the 
foundations of them. 

93
00:28:38,466 --> 00:28:40,699
And although it is among most 

94
00:28:40,699 --> 00:28:43,933
And although it is among most 
in the beginning uh but uh the 

95
00:28:43,933 --> 00:28:46,567
in the beginning uh but uh the 
Japanese tried to have a 

96
00:28:46,567 --> 00:28:47,767
Japanese tried to have a 
democratic system on its own 

97
00:28:47,767 --> 00:28:53,733
democratic system on its own 
without any I mean uh forces uh 

98
00:28:53,733 --> 00:28:55,434
without any I mean uh forces uh 
by other countries. uh there 

99
00:28:55,434 --> 00:28:58,367
by other countries. uh there 
was a very strong movement. uh 

100
00:28:58,367 --> 00:28:59,866
was a very strong movement. uh 
uh to Democrats influence by 

101
00:28:59,866 --> 00:29:03,499
uh to Democrats influence by 
the franchise ideas or ideas 

102
00:29:03,499 --> 00:29:05,867
the franchise ideas or ideas 
and so and also about the 

103
00:29:05,867 --> 00:29:09,667
and so and also about the 
market Uh I mean a corporation 

104
00:29:09,667 --> 00:29:13,600
market Uh I mean a corporation 
has very strong support. 

105
00:30:25,801 --> 00:30:27,334
The prospect that will turn uh 

106
00:30:27,334 --> 00:30:30,000
The prospect that will turn uh 
Japan, China has been always 

107
00:30:30,000 --> 00:30:32,800
Japan, China has been always 
and model for Japanese system, 

108
00:30:32,800 --> 00:30:34,833
and model for Japanese system, 
including Chinese characters 

109
00:30:34,833 --> 00:30:37,500
including Chinese characters 
and capital cities, and uh 

110
00:30:37,500 --> 00:30:39,133
and capital cities, and uh 
everything is almost learned 

111
00:30:39,133 --> 00:30:41,667
everything is almost learned 
from China. Japan has its own 

112
00:30:41,667 --> 00:30:44,333
from China. Japan has its own 
culture so China should 

113
00:30:44,333 --> 00:30:45,767
culture so China should 
continue to pass moderate 

114
00:30:45,767 --> 00:30:47,600
continue to pass moderate 
policies by doing that. Uh 

115
00:30:47,600 --> 00:30:49,799
policies by doing that. Uh 
China can be even more 

116
00:30:49,799 --> 00:30:52,299
China can be even more 
respected by Asian people and 

117
00:30:52,299 --> 00:30:53,500
respected by Asian people and 
uh the global community so we 

118
00:30:53,500 --> 00:30:56,600
uh the global community so we 
should uh China. Do that and we 

119
00:30:56,600 --> 00:30:58,633
should uh China. Do that and we 
should urge the us to 

120
00:30:58,633 --> 00:31:01,767
should urge the us to 
understand that commitment to 

121
00:31:01,767 --> 00:31:03,800
understand that commitment to 
system is needed for global 

122
00:31:03,800 --> 00:31:07,467
system is needed for global 
strategy and also for its own 

123
00:31:07,467 --> 00:31:09,967
strategy and also for its own 
prosperity. and so in that uh 

124
00:31:09,967 --> 00:31:11,400
prosperity. and so in that uh 
kind of uh activities by the 

125
00:31:11,400 --> 00:31:13,834
kind of uh activities by the 
United States is not the 

126
00:31:13,834 --> 00:31:15,400
United States is not the 
majestic harmful to the world 

127
00:31:15,400 --> 00:31:18,933
majestic harmful to the world 
community, but also to the use 

128
00:31:18,933 --> 00:31:21,933
community, but also to the use 
itself and uh we must continue 

129
00:31:21,933 --> 00:31:24,800
itself and uh we must continue 
to promote uh globalism and 

130
00:31:24,800 --> 00:31:28,299
to promote uh globalism and 
within Asian European. And 

131
00:31:28,299 --> 00:31:30,933
within Asian European. And 
through uh in compassing the 

132
00:31:30,933 --> 00:31:33,567
through uh in compassing the 
two regions of Europe and Asia 

133
00:31:33,567 --> 00:31:40,200
two regions of Europe and Asia 
by Japan and uh Europe the. 

134
00:33:26,367 --> 00:33:30,267
Is uh is under uh heâ€™s under 

135
00:33:30,267 --> 00:33:33,767
Is uh is under uh heâ€™s under 
stress and then you you finish 

136
00:33:33,767 --> 00:33:35,433
stress and then you you finish 
by saying you know what uh what 

137
00:33:35,433 --> 00:33:38,000
by saying you know what uh what 
you thought um both of us 

138
00:33:38,000 --> 00:33:39,767
you thought um both of us 
together uh need to do but also 

139
00:33:39,767 --> 00:33:43,733
together uh need to do but also 
uh visa via China and the uh 

140
00:33:43,733 --> 00:33:46,267
uh visa via China and the uh 
and and the United States. So I 

141
00:33:46,267 --> 00:33:48,767
and and the United States. So I 
think youâ€™ve laid down the 

142
00:33:48,767 --> 00:33:51,200
think youâ€™ve laid down the 
issues very well uh and uh you 

143
00:33:51,200 --> 00:33:53,401
issues very well uh and uh you 
know we can have a further 

144
00:33:53,401 --> 00:33:55,067
know we can have a further 
conversation on those uh on 

145
00:33:55,067 --> 00:33:57,333
conversation on those uh on 
those. Issues you know in a 

146
00:33:57,333 --> 00:33:59,299
those. Issues you know in a 
panel discussion uh that is 

147
00:33:59,299 --> 00:34:01,233
panel discussion uh that is 
starting that is starting off 

148
00:34:01,233 --> 00:34:04,634
starting that is starting off 
so uh in addition uh to you 

149
00:34:04,634 --> 00:34:07,300
so uh in addition uh to you 
chairman, we will have two uh 

150
00:34:07,300 --> 00:34:09,667
chairman, we will have two uh 
two other panelists. uh one is 

151
00:34:09,667 --> 00:34:11,867
two other panelists. uh one is 
miss who is a member of the uh 

152
00:34:11,867 --> 00:34:14,500
miss who is a member of the uh 
of the year from Parliament and 

153
00:34:14,500 --> 00:34:16,933
of the year from Parliament and 
welcome to you. Uh sheâ€™s the 

154
00:34:16,933 --> 00:34:19,233
welcome to you. Uh sheâ€™s the 
head of delegation for the day 

155
00:34:19,233 --> 00:34:21,267
head of delegation for the day 
uh Social Democrats in the 

156
00:34:21,267 --> 00:34:23,533
uh Social Democrats in the 
European Parliament and she 

157
00:34:23,533 --> 00:34:27,367
European Parliament and she 
serves uh. Is the instrument 

158
00:34:27,367 --> 00:34:29,400
serves uh. Is the instrument 
from Anderson is the head of 

159
00:34:29,400 --> 00:34:31,234
from Anderson is the head of 
the European Parliament 

160
00:34:31,234 --> 00:34:35,167
the European Parliament 
delegation uh to uh to Japan uh 

161
00:34:35,167 --> 00:34:37,967
delegation uh to uh to Japan uh 
sheâ€™s involved in uh in several 

162
00:34:37,967 --> 00:34:39,533
sheâ€™s involved in uh in several 
important uh important 

163
00:34:39,533 --> 00:34:41,967
important uh important 
committees. Uh II understand 

164
00:34:41,967 --> 00:34:45,500
committees. Uh II understand 
that you your your areas of 

165
00:34:45,500 --> 00:34:48,234
that you your your areas of 
focus of uh of uh great uh 

166
00:34:48,234 --> 00:34:52,367
focus of uh of uh great uh 
great interest and and work uh 

167
00:34:52,367 --> 00:34:54,467
great interest and and work uh 
revolve around uh some of those 

168
00:34:54,467 --> 00:34:56,933
revolve around uh some of those 
great. Pressing issues linked 

169
00:34:56,933 --> 00:34:59,167
great. Pressing issues linked 
to uh digital development 

170
00:34:59,167 --> 00:35:01,000
to uh digital development 
linked to a link to uh to the 

171
00:35:01,000 --> 00:35:03,201
linked to a link to uh to the 
green that the green transition 

172
00:35:03,201 --> 00:35:06,867
green that the green transition 
and also to uh consumer uh 

173
00:35:06,867 --> 00:35:09,699
and also to uh consumer uh 
consumer protection. so uh from 

174
00:35:09,699 --> 00:35:11,567
consumer protection. so uh from 
you uh in in the panel, you 

175
00:35:11,567 --> 00:35:12,933
you uh in in the panel, you 
will make a statement. but then 

176
00:35:12,933 --> 00:35:15,300
will make a statement. but then 
weâ€™ll also obviously engage in 

177
00:35:15,300 --> 00:35:18,700
weâ€™ll also obviously engage in 
a in a discussion uh the uh 

178
00:35:18,700 --> 00:35:22,934
a in a discussion uh the uh 
third panelist um is my good 

179
00:35:22,934 --> 00:35:26,167
third panelist um is my good 
friend uh uh. Iâ€™ve known each 

180
00:35:26,167 --> 00:35:27,767
friend uh uh. Iâ€™ve known each 
other for a long long time and 

181
00:35:27,767 --> 00:35:30,367
other for a long long time and 
we have collaborated on many 

182
00:35:30,367 --> 00:35:33,200
we have collaborated on many 
many occasions on a number of 

183
00:35:33,200 --> 00:35:35,067
many occasions on a number of 
events uh professor professor 

184
00:35:35,067 --> 00:35:38,800
events uh professor professor 
of economics at uh University 

185
00:35:38,800 --> 00:35:42,634
of economics at uh University 
in Tokyo, is also the chief 

186
00:35:42,634 --> 00:35:44,767
in Tokyo, is also the chief 
economist that area the 

187
00:35:44,767 --> 00:35:47,000
economist that area the 
Economic Research Institute uh 

188
00:35:47,000 --> 00:35:49,633
Economic Research Institute uh 
for Asian and East Asia, which 

189
00:35:49,633 --> 00:35:53,334
for Asian and East Asia, which 
is based in Jakarta and um he 

190
00:35:53,334 --> 00:35:58,933
is based in Jakarta and um he 
was the president of the. 

191
00:36:58,167 --> 00:36:59,667
The floor is yours. Thank you 

192
00:36:59,667 --> 00:37:01,234
The floor is yours. Thank you 
very much Andrea. It was a very 

193
00:37:01,234 --> 00:37:03,134
very much Andrea. It was a very 
generous introduction. Thank 

194
00:37:03,134 --> 00:37:06,767
generous introduction. Thank 
you very much uh was a really 

195
00:37:06,767 --> 00:37:09,234
you very much uh was a really 
big story uh talking about 

196
00:37:09,234 --> 00:37:10,767
big story uh talking about 
globalization or maybe high 

197
00:37:10,767 --> 00:37:13,100
globalization or maybe high 
organization and the activism. 

198
00:37:13,100 --> 00:37:15,200
organization and the activism. 
Uh Iâ€™m Iâ€™m really looking at 

199
00:37:15,200 --> 00:37:17,300
Uh Iâ€™m Iâ€™m really looking at 
the trade and development 

200
00:37:17,300 --> 00:37:19,966
the trade and development 
issues underground Uh my talk 

201
00:37:19,966 --> 00:37:21,533
issues underground Uh my talk 
is a bit bias throughout the 

202
00:37:21,533 --> 00:37:24,966
is a bit bias throughout the 
Japan and actually, but uh on 

203
00:37:24,966 --> 00:37:27,667
Japan and actually, but uh on 
the ground uh how people feel 

204
00:37:27,667 --> 00:37:29,400
the ground uh how people feel 
in this current situation. 

205
00:37:29,400 --> 00:37:31,067
in this current situation. 
thatâ€™s uh my supplementary 

206
00:37:31,067 --> 00:37:34,066
thatâ€™s uh my supplementary 
talk. 

207
00:39:37,801 --> 00:39:40,401
On the country that the 

208
00:39:40,401 --> 00:39:41,667
On the country that the 
distances are really different, 

209
00:39:41,667 --> 00:39:43,267
distances are really different, 
some countries are closer to 

210
00:39:43,267 --> 00:39:45,833
some countries are closer to 
the US. Some are close to the 

211
00:39:45,833 --> 00:39:48,367
the US. Some are close to the 
uh to China and also uh the 

212
00:39:48,367 --> 00:39:49,733
uh to China and also uh the 
arrangement of national 

213
00:39:49,733 --> 00:39:51,400
arrangement of national 
security and are different too 

214
00:39:51,400 --> 00:39:54,634
security and are different too 
uh but uh but at least in a 

215
00:39:54,634 --> 00:39:57,533
uh but uh but at least in a 
term our countries uh would 

216
00:39:57,533 --> 00:40:01,600
term our countries uh would 
like to keep somehow uh but at 

217
00:40:01,600 --> 00:40:03,333
like to keep somehow uh but at 
the same time uh now some 

218
00:40:03,333 --> 00:40:06,000
the same time uh now some 
companies are moving out of 

219
00:40:06,000 --> 00:40:09,133
companies are moving out of 
China. 

220
00:43:43,533 --> 00:43:46,834
A plan of Action uh so they are 

221
00:43:46,834 --> 00:43:48,466
A plan of Action uh so they are 
trying to cooperate with each 

222
00:43:48,466 --> 00:43:52,467
trying to cooperate with each 
other and also CT uh TP Eleven 

223
00:43:52,467 --> 00:43:55,467
other and also CT uh TP Eleven 
start working as a like minded 

224
00:43:55,467 --> 00:43:56,900
start working as a like minded 
the middle power approach to 

225
00:43:56,900 --> 00:43:58,666
the middle power approach to 
trade the not the justice of 

226
00:43:58,666 --> 00:44:01,867
trade the not the justice of 
the trade memorization now and 

227
00:44:01,867 --> 00:44:04,266
the trade memorization now and 
not trying to seek a sort of 

228
00:44:04,266 --> 00:44:05,166
not trying to seek a sort of 
expansion of the membership and 

229
00:44:05,166 --> 00:44:07,200
expansion of the membership and 
you are the negotiation with 

230
00:44:07,200 --> 00:44:11,967
you are the negotiation with 
the UK and others may that uh. 

231
00:46:11,367 --> 00:46:13,801
A youthful very useful 

232
00:46:13,801 --> 00:46:16,567
A youthful very useful 
presentation uh looking at um H 

233
00:46:16,567 --> 00:46:21,134
presentation uh looking at um H 
and the but finishing uh on the 

234
00:46:21,134 --> 00:46:24,300
and the but finishing uh on the 
uh uh on the issue that uh both 

235
00:46:24,300 --> 00:46:27,234
uh uh on the issue that uh both 
Europe and and Japan together 

236
00:46:27,234 --> 00:46:29,966
Europe and and Japan together 
uh can uh can approach so Iâ€™m 

237
00:46:29,966 --> 00:46:32,334
uh can uh can approach so Iâ€™m 
Iâ€™m Iâ€™m very pleased not to uh 

238
00:46:32,334 --> 00:46:36,299
Iâ€™m Iâ€™m very pleased not to uh 
to turn the floor to um to miss 

239
00:46:36,299 --> 00:46:39,333
to turn the floor to um to miss 
demons uh and to hear uh the 

240
00:46:39,333 --> 00:46:41,800
demons uh and to hear uh the 
European View uh of those. 

241
00:46:41,800 --> 00:46:44,367
European View uh of those. 
Those matters uh Christian, the 

242
00:46:44,367 --> 00:46:46,833
Those matters uh Christian, the 
floor is yours. Thank you very 

243
00:46:46,833 --> 00:46:48,100
floor is yours. Thank you very 
much for inviting me and Iâ€™m 

244
00:46:48,100 --> 00:46:49,701
much for inviting me and Iâ€™m 
really happy to be here today 

245
00:46:49,701 --> 00:46:52,333
really happy to be here today 
and discuss how we can create a 

246
00:46:52,333 --> 00:46:55,333
and discuss how we can create a 
better world and keep having 

247
00:46:55,333 --> 00:46:57,167
better world and keep having 
globalized world and multi 

248
00:46:57,167 --> 00:46:58,900
globalized world and multi 
lateral system cuz I believe 

249
00:46:58,900 --> 00:47:01,634
lateral system cuz I believe 
that is important and II really 

250
00:47:01,634 --> 00:47:03,467
that is important and II really 
are worried about the multi 

251
00:47:03,467 --> 00:47:05,933
are worried about the multi 
lateral word because it is 

252
00:47:05,933 --> 00:47:08,133
lateral word because it is 
under pressure chairman said, 

253
00:47:08,133 --> 00:47:11,000
under pressure chairman said, 
Came up with a lot of uh a good 

254
00:47:11,000 --> 00:47:13,134
Came up with a lot of uh a good 
uh things. Stating where we 

255
00:47:13,134 --> 00:47:15,334
uh things. Stating where we 
have problems, I completely 

256
00:47:15,334 --> 00:47:17,701
have problems, I completely 
agree that we need a 

257
00:47:17,701 --> 00:47:19,367
agree that we need a 
multilateral world order, but 

258
00:47:19,367 --> 00:47:20,799
multilateral world order, but 
we also need to discuss what 

259
00:47:20,799 --> 00:47:24,267
we also need to discuss what 
kind of relaxation is the best 

260
00:47:24,267 --> 00:47:26,967
kind of relaxation is the best 
so from European parliamentâ€™s 

261
00:47:26,967 --> 00:47:28,766
so from European parliamentâ€™s 
perspective and I think that 

262
00:47:28,766 --> 00:47:30,500
perspective and I think that 
the first of all it has never 

263
00:47:30,500 --> 00:47:33,634
the first of all it has never 
been more important than now to 

264
00:47:33,634 --> 00:47:36,799
been more important than now to 
have a well functioning word 

265
00:47:36,799 --> 00:47:39,166
have a well functioning word 
order system. Uh we are 

266
00:47:39,166 --> 00:47:40,867
order system. Uh we are 
threatened by so many things 

267
00:47:40,867 --> 00:47:42,767
threatened by so many things 
the climate changes are really 

268
00:47:42,767 --> 00:47:44,899
the climate changes are really 
here. now we see. And it will 

269
00:47:44,899 --> 00:47:46,599
here. now we see. And it will 
become even worse if we donâ€™t 

270
00:47:46,599 --> 00:47:49,967
become even worse if we donâ€™t 
act but want to see the crisis 

271
00:47:49,967 --> 00:47:52,266
act but want to see the crisis 
and others. so I think it is 

272
00:47:52,266 --> 00:47:52,900
and others. so I think it is 
important that we find a way 

273
00:47:52,900 --> 00:47:54,266
important that we find a way 
out of this in order to make 

274
00:47:54,266 --> 00:47:56,701
out of this in order to make 
sure that you still have a well 

275
00:47:56,701 --> 00:48:00,267
sure that you still have a well 
functioning job. uh order and 

276
00:48:00,267 --> 00:48:01,966
functioning job. uh order and 
and weâ€™re also challenged 

277
00:48:01,966 --> 00:48:04,934
and weâ€™re also challenged 
because uh once as we heard 

278
00:48:04,934 --> 00:48:08,333
because uh once as we heard 
chairman wants us was the. 

279
00:48:08,333 --> 00:48:09,967
chairman wants us was the. 
World leader and promoter of 

280
00:48:09,967 --> 00:48:12,666
World leader and promoter of 
veterans, but they are not and 

281
00:48:12,666 --> 00:48:16,367
veterans, but they are not and 
longer and that leaves us in in 

282
00:48:16,367 --> 00:48:18,166
longer and that leaves us in in 
kind of a back and I believe 

283
00:48:18,166 --> 00:48:21,767
kind of a back and I believe 
that EU and Japan together can 

284
00:48:21,767 --> 00:48:24,200
that EU and Japan together can 
do something in this area. I 

285
00:48:24,200 --> 00:48:25,867
do something in this area. I 
think first of all we have two 

286
00:48:25,867 --> 00:48:28,567
think first of all we have two 
two uh ways of tackling this 

287
00:48:28,567 --> 00:48:30,834
two uh ways of tackling this 
and they go hand in hand. First 

288
00:48:30,834 --> 00:48:32,400
and they go hand in hand. First 
of all. I think it is important 

289
00:48:32,400 --> 00:48:36,367
of all. I think it is important 
that EU and Japan Act as role 

290
00:48:36,367 --> 00:48:41,967
that EU and Japan Act as role 
models. In promoting so we need 

291
00:48:41,967 --> 00:48:43,734
models. In promoting so we need 
to comply with international 

292
00:48:43,734 --> 00:48:45,967
to comply with international 
law and order we need to make 

293
00:48:45,967 --> 00:48:48,734
law and order we need to make 
the system work again. We need 

294
00:48:48,734 --> 00:48:51,700
the system work again. We need 
to keep trade open um so kind 

295
00:48:51,700 --> 00:48:55,333
to keep trade open um so kind 
of walk to talk. do what we 

296
00:48:55,333 --> 00:48:57,834
of walk to talk. do what we 
tell others to do and do it 

297
00:48:57,834 --> 00:48:59,300
tell others to do and do it 
together even more than weâ€™re 

298
00:48:59,300 --> 00:48:59,967
together even more than weâ€™re 
doing today. And if itâ€™s good, 

299
00:48:59,967 --> 00:49:02,467
doing today. And if itâ€™s good, 
we have the EP and the SP cuz 

300
00:49:02,467 --> 00:49:04,800
we have the EP and the SP cuz 
thatâ€™s a really important step 

301
00:49:04,800 --> 00:49:07,867
thatâ€™s a really important step 
we took back in 2018 and I 

302
00:49:07,867 --> 00:49:09,967
we took back in 2018 and I 
hope. We have only seen the 

303
00:49:09,967 --> 00:49:11,467
hope. We have only seen the 
beginning of how this works, so 

304
00:49:11,467 --> 00:49:14,167
beginning of how this works, so 
I mean being a role model is 

305
00:49:14,167 --> 00:49:16,801
I mean being a role model is 
one way and an important way we 

306
00:49:16,801 --> 00:49:18,599
one way and an important way we 
can show the way in order to 

307
00:49:18,599 --> 00:49:21,800
can show the way in order to 
make uh our own countries and 

308
00:49:21,800 --> 00:49:24,667
make uh our own countries and 
regions more and more digital 

309
00:49:24,667 --> 00:49:26,100
regions more and more digital 
and trade with the rest of the 

310
00:49:26,100 --> 00:49:28,766
and trade with the rest of the 
world at the same time. But I 

311
00:49:28,766 --> 00:49:30,267
world at the same time. But I 
also think that there is 

312
00:49:30,267 --> 00:49:32,267
also think that there is 
another part of this. That is 

313
00:49:32,267 --> 00:49:34,167
another part of this. That is 
very important. I think that EU 

314
00:49:34,167 --> 00:49:36,667
very important. I think that EU 
and Japan together should 

315
00:49:36,667 --> 00:49:38,534
and Japan together should 
promote multilateral uh work 

316
00:49:38,534 --> 00:49:41,334
promote multilateral uh work 
for. In a more concrete man put 

317
00:49:41,334 --> 00:49:43,400
for. In a more concrete man put 
a pressure on the United 

318
00:49:43,400 --> 00:49:45,299
a pressure on the United 
States, for instance to go back 

319
00:49:45,299 --> 00:49:47,400
States, for instance to go back 
into the international 

320
00:49:47,400 --> 00:49:51,433
into the international 
organizations, WT United 

321
00:49:51,433 --> 00:49:53,334
organizations, WT United 
Nations and joining the Paris 

322
00:49:53,334 --> 00:49:55,866
Nations and joining the Paris 
agreement and all these things 

323
00:49:55,866 --> 00:49:56,967
agreement and all these things 
we need to put a pressure on 

324
00:49:56,967 --> 00:49:58,267
we need to put a pressure on 
the United States and I hope 

325
00:49:58,267 --> 00:49:59,933
the United States and I hope 
that will be easier after the 

326
00:49:59,933 --> 00:50:01,466
that will be easier after the 
third of November. hopefully 

327
00:50:01,466 --> 00:50:03,700
third of November. hopefully 
and Iâ€™m honest here even though 

328
00:50:03,700 --> 00:50:04,967
and Iâ€™m honest here even though 
Iâ€™m speaking out and honest, I 

329
00:50:04,967 --> 00:50:05,700
Iâ€™m speaking out and honest, I 
really hope that we will get 

330
00:50:05,700 --> 00:50:07,699
really hope that we will get 
the president in the United 

331
00:50:07,699 --> 00:50:09,201
the president in the United 
States that will be more 

332
00:50:09,201 --> 00:50:11,800
States that will be more 
willing to intervene into the 

333
00:50:11,800 --> 00:50:13,133
willing to intervene into the 
world, but I also think that 

334
00:50:13,133 --> 00:50:17,867
world, but I also think that 
China. It causes some 

335
00:50:17,867 --> 00:50:19,234
China. It causes some 
challenges for us. uh, for 

336
00:50:19,234 --> 00:50:20,867
challenges for us. uh, for 
instance, we need them to 

337
00:50:20,867 --> 00:50:21,967
instance, we need them to 
really and deeply be involved 

338
00:50:21,967 --> 00:50:23,300
really and deeply be involved 
in the Paris agreement and we 

339
00:50:23,300 --> 00:50:25,800
in the Paris agreement and we 
also need them to understand 

340
00:50:25,800 --> 00:50:27,967
also need them to understand 
that they are not any longer 

341
00:50:27,967 --> 00:50:30,467
that they are not any longer 
developing country. They are uh 

342
00:50:30,467 --> 00:50:31,966
developing country. They are uh 
willpower and therefore they 

343
00:50:31,966 --> 00:50:33,801
willpower and therefore they 
also have to comply with the 

344
00:50:33,801 --> 00:50:35,566
also have to comply with the 
rules they should go into look 

345
00:50:35,566 --> 00:50:38,167
rules they should go into look 
at close to the state aid 

346
00:50:38,167 --> 00:50:39,800
at close to the state aid 
problematic in China and we 

347
00:50:39,800 --> 00:50:41,700
problematic in China and we 
need to make sure that if we 

348
00:50:41,700 --> 00:50:43,634
need to make sure that if we 
use a Chinese technologies in 

349
00:50:43,634 --> 00:50:44,833
use a Chinese technologies in 
the West, we need us to be sure 

350
00:50:44,833 --> 00:50:48,334
the West, we need us to be sure 
that. Enough stealing 

351
00:50:48,334 --> 00:50:49,500
that. Enough stealing 
information from states they 

352
00:50:49,500 --> 00:50:51,367
information from states they 
are cooperating with so I mean 

353
00:50:51,367 --> 00:50:53,967
are cooperating with so I mean 
we have also EU Japan together 

354
00:50:53,967 --> 00:50:58,667
we have also EU Japan together 
to put a pressure on China and 

355
00:50:58,667 --> 00:51:00,200
to put a pressure on China and 
in the United States. and in 

356
00:51:00,200 --> 00:51:01,266
in the United States. and in 
that way, I think it is it 

357
00:51:01,266 --> 00:51:02,834
that way, I think it is it 
could be possible to promote 

358
00:51:02,834 --> 00:51:04,399
could be possible to promote 
multi lateral. so we have so 

359
00:51:04,399 --> 00:51:06,733
multi lateral. so we have so 
many things to do, but my main 

360
00:51:06,733 --> 00:51:08,666
many things to do, but my main 
message is being a role model 

361
00:51:08,666 --> 00:51:11,000
message is being a role model 
and at one hand and the other 

362
00:51:11,000 --> 00:51:14,000
and at one hand and the other 
hand put pressure and advocate 

363
00:51:14,000 --> 00:51:16,734
hand put pressure and advocate 
more visible and clearly. 

364
00:51:16,734 --> 00:51:20,334
more visible and clearly. 
Together for a multilateral 

365
00:51:20,334 --> 00:51:24,234
Together for a multilateral 
world, thank you. Thank you and 

366
00:51:24,234 --> 00:51:26,133
world, thank you. Thank you and 
thank you very much uh Kristen 

367
00:51:26,133 --> 00:51:28,767
thank you very much uh Kristen 
uh those were very clear uh 

368
00:51:28,767 --> 00:51:31,233
uh those were very clear uh 
very clear words that the role 

369
00:51:31,233 --> 00:51:32,800
very clear words that the role 
model on the one hand and put 

370
00:51:32,800 --> 00:51:36,334
model on the one hand and put 
pressure on uh on China and the 

371
00:51:36,334 --> 00:51:40,201
pressure on uh on China and the 
and the US on the uh on the 

372
00:51:40,201 --> 00:51:41,767
and the US on the uh on the 
other so very, very, very clear 

373
00:51:41,767 --> 00:51:44,900
other so very, very, very clear 
messages um so let me uh let me 

374
00:51:44,900 --> 00:51:48,567
messages um so let me uh let me 
pick up from uh from what you 

375
00:51:48,567 --> 00:51:51,533
pick up from uh from what you 
just said um to you know to to 

376
00:51:51,533 --> 00:51:53,967
just said um to you know to to 
raise some issues and to 

377
00:51:53,967 --> 00:51:56,633
raise some issues and to 
perhaps add some some of my own 

378
00:51:56,633 --> 00:52:01,067
perhaps add some some of my own 
view. um so you you. 

379
00:53:28,699 --> 00:53:30,201
Because of the coveted uh 

380
00:53:30,201 --> 00:53:34,334
Because of the coveted uh 
crisis uh that is affected uh 

381
00:53:34,334 --> 00:53:36,266
crisis uh that is affected uh 
very much certainly economies 

382
00:53:36,266 --> 00:53:40,233
very much certainly economies 
in Europe and uh and and in 

383
00:53:40,233 --> 00:53:41,967
in Europe and uh and and in 
North North America and since 

384
00:53:41,967 --> 00:53:45,700
North North America and since 
more than in the in East Asia 

385
00:53:45,700 --> 00:53:48,334
more than in the in East Asia 
um I think a President, Biden 

386
00:53:48,334 --> 00:53:52,333
um I think a President, Biden 
will be a busy sort of 

387
00:53:52,333 --> 00:53:54,300
will be a busy sort of 
rebuilding the uh the the US 

388
00:53:54,300 --> 00:53:56,334
rebuilding the uh the the US 
economy and the issue with 

389
00:53:56,334 --> 00:53:57,667
economy and the issue with 
China, we would not disappear. 

390
00:53:57,667 --> 00:53:59,633
China, we would not disappear. 
Okay. This is something we. She 

391
00:53:59,633 --> 00:54:03,400
Okay. This is something we. She 
goes beyond, I think the Trump 

392
00:54:03,400 --> 00:54:05,199
goes beyond, I think the Trump 
presidency uh the conflict with 

393
00:54:05,199 --> 00:54:07,299
presidency uh the conflict with 
uh with China and I think you 

394
00:54:07,299 --> 00:54:10,433
uh with China and I think you 
and I think all the speakers uh 

395
00:54:10,433 --> 00:54:13,266
and I think all the speakers uh 
so far uh have insisted very 

396
00:54:13,266 --> 00:54:18,199
so far uh have insisted very 
much on how uh you Europe and 

397
00:54:18,199 --> 00:54:20,766
much on how uh you Europe and 
Japan together separately uh 

398
00:54:20,766 --> 00:54:23,200
Japan together separately uh 
needs as you said, put pressure 

399
00:54:23,200 --> 00:54:25,299
needs as you said, put pressure 
on on the US or China or 

400
00:54:25,299 --> 00:54:27,200
on on the US or China or 
convince them anyone can put it 

401
00:54:27,200 --> 00:54:31,199
convince them anyone can put it 
in whatever way one. 

402
00:55:06,799 --> 00:55:10,267
We have taken we uh Europe and 

403
00:55:10,267 --> 00:55:12,433
We have taken we uh Europe and 
Japan we have taken the back 

404
00:55:12,433 --> 00:55:15,966
Japan we have taken the back 
seats uh in a sense in this 

405
00:55:15,966 --> 00:55:19,967
seats uh in a sense in this 
fight between the US and uh and 

406
00:55:19,967 --> 00:55:23,767
fight between the US and uh and 
China we are very much taken. 

407
00:55:23,767 --> 00:55:26,167
China we are very much taken. 
The back seats right in a sense 

408
00:55:26,167 --> 00:55:28,834
The back seats right in a sense 
that thereâ€™s been uh the first 

409
00:55:28,834 --> 00:55:33,167
that thereâ€™s been uh the first 
level players us and China um 

410
00:55:33,167 --> 00:55:34,800
level players us and China um 
they are making all the 

411
00:55:34,800 --> 00:55:36,833
they are making all the 
headlines and then we as we are 

412
00:55:36,833 --> 00:55:37,666
headlines and then we as we are 
doing it. In this discussion, 

413
00:55:37,666 --> 00:55:39,800
doing it. In this discussion, 
we are reacting right. How 

414
00:55:39,800 --> 00:55:40,800
we are reacting right. How 
should we position ourselves? 

415
00:55:40,800 --> 00:55:43,267
should we position ourselves? 
should we put pressure? should 

416
00:55:43,267 --> 00:55:44,900
should we put pressure? should 
we convince them uh you know to 

417
00:55:44,900 --> 00:55:47,700
we convince them uh you know to 
return to this but and and we 

418
00:55:47,700 --> 00:55:50,467
return to this but and and we 
we do have uh Japan and and and 

419
00:55:50,467 --> 00:55:53,067
we do have uh Japan and and and 
and the uh and and and the 

420
00:55:53,067 --> 00:55:54,533
and the uh and and and the 
European Union we are sitting 

421
00:55:54,533 --> 00:55:56,000
European Union we are sitting 
with the United States on on 

422
00:55:56,000 --> 00:55:58,333
with the United States on on 
the tri uh and we are able to. 

423
00:55:58,333 --> 00:55:59,967
the tri uh and we are able to. 
Regular meetings and then each 

424
00:55:59,967 --> 00:56:02,400
Regular meetings and then each 
of us we participate in all 

425
00:56:02,400 --> 00:56:06,400
of us we participate in all 
kinds of other uh for of the 

426
00:56:06,400 --> 00:56:08,000
kinds of other uh for of the 
multilateral and you can we we 

427
00:56:08,000 --> 00:56:11,233
multilateral and you can we we 
do all of those things but we 

428
00:56:11,233 --> 00:56:13,834
do all of those things but we 
have really been second level 

429
00:56:13,834 --> 00:56:15,100
have really been second level 
players here. Thereâ€™s thereâ€™s 

430
00:56:15,100 --> 00:56:16,899
players here. Thereâ€™s thereâ€™s 
no thereâ€™s no doubt about that. 

431
00:56:16,899 --> 00:56:19,200
no thereâ€™s no doubt about that. 
uh we have to accept the 

432
00:56:19,200 --> 00:56:20,733
uh we have to accept the 
reality. you know it maybe uh 

433
00:56:20,733 --> 00:56:22,800
reality. you know it maybe uh 
maybe hard to be to accept. We 

434
00:56:22,800 --> 00:56:25,000
maybe hard to be to accept. We 
are such large players, but uh 

435
00:56:25,000 --> 00:56:30,133
are such large players, but uh 
we are not commence uh to. 

436
00:57:29,200 --> 00:57:30,833
That stupid pressure and they 

437
00:57:30,833 --> 00:57:32,734
That stupid pressure and they 
they they they would do that 

438
00:57:32,734 --> 00:57:34,767
they they they would do that 
The use would do that on that 

439
00:57:34,767 --> 00:57:38,267
The use would do that on that 
one, but then I think the US a 

440
00:57:38,267 --> 00:57:39,967
one, but then I think the US a 
President Biden assuming itâ€™s a 

441
00:57:39,967 --> 00:57:41,233
President Biden assuming itâ€™s a 
present, Biden President Biden 

442
00:57:41,233 --> 00:57:44,801
present, Biden President Biden 
will turn to Europe and Japan 

443
00:57:44,801 --> 00:57:49,400
will turn to Europe and Japan 
and say guys uh we are we are 

444
00:57:49,400 --> 00:57:53,200
and say guys uh we are we are 
close allies we share values uh 

445
00:57:53,200 --> 00:57:54,867
close allies we share values uh 
we believe in corporation we 

446
00:57:54,867 --> 00:57:59,834
we believe in corporation we 
believe in multilateral but. 

447
00:59:56,267 --> 00:59:58,967
Change of the behavior and 

448
00:59:58,967 --> 01:00:00,000
Change of the behavior and 
maybe of the behavior, but 

449
01:00:00,000 --> 01:00:01,834
maybe of the behavior, but 
after politics because there 

450
01:00:01,834 --> 01:00:05,167
after politics because there 
are problems between us and 

451
01:00:05,167 --> 01:00:06,699
are problems between us and 
China, but I think it is very 

452
01:00:06,699 --> 01:00:08,267
China, but I think it is very 
much about the behavior. How do 

453
01:00:08,267 --> 01:00:10,767
much about the behavior. How do 
how do you take these 

454
01:00:10,767 --> 01:00:13,299
how do you take these 
conflicts? President Trump and 

455
01:00:13,299 --> 01:00:14,799
conflicts? President Trump and 
his administration are very 

456
01:00:14,799 --> 01:00:16,300
his administration are very 
keen on having the conflict 

457
01:00:16,300 --> 01:00:19,666
keen on having the conflict 
because he can act as a strong 

458
01:00:19,666 --> 01:00:21,467
because he can act as a strong 
man and send speaking dirty and 

459
01:00:21,467 --> 01:00:22,801
man and send speaking dirty and 
things like that. I think itâ€™s 

460
01:00:22,801 --> 01:00:24,467
things like that. I think itâ€™s 
hard. but I think that mister 

461
01:00:24,467 --> 01:00:25,867
hard. but I think that mister 
Biden if he becomes a 

462
01:00:25,867 --> 01:00:27,033
Biden if he becomes a 
president, weâ€™ll do another 

463
01:00:27,033 --> 01:00:27,967
president, weâ€™ll do another 
manner so we will still have 

464
01:00:27,967 --> 01:00:30,167
manner so we will still have 
the conflict. I think that what 

465
01:00:30,167 --> 01:00:31,699
the conflict. I think that what 
we can do is that we can sit 

466
01:00:31,699 --> 01:00:34,200
we can do is that we can sit 
down and talk about it 

467
01:00:34,200 --> 01:00:35,633
down and talk about it 
hopefully and that is more 

468
01:00:35,633 --> 01:00:37,200
hopefully and that is more 
intellectual in a in a good 

469
01:00:37,200 --> 01:00:38,733
intellectual in a in a good 
manner. We sit around the table 

470
01:00:38,733 --> 01:00:39,967
manner. We sit around the table 
and discussing how we can 

471
01:00:39,967 --> 01:00:41,533
and discussing how we can 
tackle these things We might 

472
01:00:41,533 --> 01:00:43,233
tackle these things We might 
not agree in the end, but we 

473
01:00:43,233 --> 01:00:46,367
not agree in the end, but we 
try to talk and see if we can 

474
01:00:46,367 --> 01:00:48,134
try to talk and see if we can 
find ways and sometimes we have 

475
01:00:48,134 --> 01:00:50,867
find ways and sometimes we have 
to use that you know the the 

476
01:00:50,867 --> 01:00:54,167
to use that you know the the 
global system and we have to 

477
01:00:54,167 --> 01:00:55,967
global system and we have to 
have this intermediate systems 

478
01:00:55,967 --> 01:00:57,433
have this intermediate systems 
where if we have a conflict, we 

479
01:00:57,433 --> 01:00:58,700
where if we have a conflict, we 
can solve with maybe in vtwo 

480
01:00:58,700 --> 01:01:01,200
can solve with maybe in vtwo 
and other places. So for me, I 

481
01:01:01,200 --> 01:01:03,734
and other places. So for me, I 
think itâ€™s more a question. The 

482
01:01:03,734 --> 01:01:05,667
think itâ€™s more a question. The 
context that clearly are there 

483
01:01:05,667 --> 01:01:08,433
context that clearly are there 
even with the president uh so 

484
01:01:08,433 --> 01:01:12,167
even with the president uh so 
itâ€™s itâ€™s going back to a way 

485
01:01:12,167 --> 01:01:14,167
itâ€™s itâ€™s going back to a way 
hopefully or in a renewed 

486
01:01:14,167 --> 01:01:15,133
hopefully or in a renewed 
manner where we see each other 

487
01:01:15,133 --> 01:01:17,567
manner where we see each other 
as partners that can talk 

488
01:01:17,567 --> 01:01:19,767
as partners that can talk 
together in a dialogue and 

489
01:01:19,767 --> 01:01:22,333
together in a dialogue and 
trying to find solutions and 

490
01:01:22,333 --> 01:01:23,633
trying to find solutions and 
willingness to find solutions 

491
01:01:23,633 --> 01:01:25,233
willingness to find solutions 
That is what I hope because I 

492
01:01:25,233 --> 01:01:26,866
That is what I hope because I 
donâ€™t expect the context to go 

493
01:01:26,866 --> 01:01:29,234
donâ€™t expect the context to go 
away and even in EU we have 

494
01:01:29,234 --> 01:01:30,634
away and even in EU we have 
conflicts with China and so, of 

495
01:01:30,634 --> 01:01:32,300
conflicts with China and so, of 
course, I donâ€™t believe that we 

496
01:01:32,300 --> 01:01:34,734
course, I donâ€™t believe that we 
will have a better world 1 day 

497
01:01:34,734 --> 01:01:37,534
will have a better world 1 day 
the first. After we potentially 

498
01:01:37,534 --> 01:01:39,234
the first. After we potentially 
get a new president in in in 

499
01:01:39,234 --> 01:01:41,100
get a new president in in in 
us, but I hope the way weâ€™re 

500
01:01:41,100 --> 01:01:42,133
us, but I hope the way weâ€™re 
talking to each other would be 

501
01:01:42,133 --> 01:01:44,833
talking to each other would be 
different and that can lead to 

502
01:01:44,833 --> 01:01:47,167
different and that can lead to 
uh hopefully better solutions 

503
01:01:47,167 --> 01:01:48,733
uh hopefully better solutions 
together. And so that is how I 

504
01:01:48,733 --> 01:01:51,800
together. And so that is how I 
see. 

505
01:01:52,100 --> 01:01:54,300
Thank you, Joe and yes, I think 

506
01:01:54,300 --> 01:01:55,200
Thank you, Joe and yes, I think 
very much about the United 

507
01:01:55,200 --> 01:01:58,234
very much about the United 
States and Iâ€™m very briefly I 

508
01:01:58,234 --> 01:02:00,333
States and Iâ€™m very briefly I 
think uh United States come 

509
01:02:00,333 --> 01:02:02,434
think uh United States come 
back to the original portions 

510
01:02:02,434 --> 01:02:05,167
back to the original portions 
of uh playing a leading role in 

511
01:02:05,167 --> 01:02:06,799
of uh playing a leading role in 
the international community. 

512
01:02:06,799 --> 01:02:08,467
the international community. 
They now look at the cost of 

513
01:02:08,467 --> 01:02:10,733
They now look at the cost of 
doing it uh more serious, 

514
01:02:10,733 --> 01:02:12,499
doing it uh more serious, 
including uh shedding the blood 

515
01:02:12,499 --> 01:02:16,000
including uh shedding the blood 
before soldiers and uh paying a 

516
01:02:16,000 --> 01:02:18,933
before soldiers and uh paying a 
lot of uh I mean uh economic 

517
01:02:18,933 --> 01:02:23,334
lot of uh I mean uh economic 
cost for security issues. 

518
01:04:06,400 --> 01:04:11,533
We lost we lost you. 

519
01:04:11,800 --> 01:04:14,367
We lost uh yeah, it is uh one 

520
01:04:14,367 --> 01:04:17,201
We lost uh yeah, it is uh one 
coming back. Yes. thank you so 

521
01:04:17,201 --> 01:04:18,734
coming back. Yes. thank you so 
we should uh understand the 

522
01:04:18,734 --> 01:04:21,334
we should uh understand the 
feeling Chinese and also they 

523
01:04:21,334 --> 01:04:23,267
feeling Chinese and also they 
are seriously uh trying to 

524
01:04:23,267 --> 01:04:24,667
are seriously uh trying to 
tackle climate change issues 

525
01:04:24,667 --> 01:04:26,633
tackle climate change issues 
and they also want to support 

526
01:04:26,633 --> 01:04:29,167
and they also want to support 
other country so and also their 

527
01:04:29,167 --> 01:04:31,133
other country so and also their 
attitude the road to there is 

528
01:04:31,133 --> 01:04:34,367
attitude the road to there is 
an idea that it is a kind of uh 

529
01:04:34,367 --> 01:04:36,000
an idea that it is a kind of uh 
a death trap that in my 

530
01:04:36,000 --> 01:04:36,599
a death trap that in my 
understanding that they are 

531
01:04:36,599 --> 01:04:39,799
understanding that they are 
doing this without uh a really 

532
01:04:39,799 --> 01:04:40,433
doing this without uh a really 
clear idea of what is a 

533
01:04:40,433 --> 01:04:42,466
clear idea of what is a 
consequence of doing all these 

534
01:04:42,466 --> 01:04:43,966
consequence of doing all these 
things uh they learned a lot 

535
01:04:43,966 --> 01:04:48,133
things uh they learned a lot 
and uh in a. 

536
01:07:22,367 --> 01:07:26,000
Thank you. let me turn to uh to 

537
01:07:26,000 --> 01:07:28,866
Thank you. let me turn to uh to 
you and let me ask you uh 

538
01:07:28,866 --> 01:07:31,367
you and let me ask you uh 
somewhat different related but 

539
01:07:31,367 --> 01:07:32,033
somewhat different related but 
somewhat somewhat different 

540
01:07:32,033 --> 01:07:35,333
somewhat somewhat different 
question and that is to do with 

541
01:07:35,333 --> 01:07:37,967
question and that is to do with 
um with climate and climate 

542
01:07:37,967 --> 01:07:41,734
um with climate and climate 
issues Um I think climate um 

543
01:07:41,734 --> 01:07:43,267
issues Um I think climate um 
and thatâ€™s what I would like to 

544
01:07:43,267 --> 01:07:45,801
and thatâ€™s what I would like to 
hear your views. I mean climate 

545
01:07:45,801 --> 01:07:53,067
hear your views. I mean climate 
um could be uh an issue uh. 

546
01:08:52,233 --> 01:08:54,700
Europe China the United States 

547
01:08:54,700 --> 01:08:56,367
Europe China the United States 
and obviously the entire 

548
01:08:56,367 --> 01:08:58,000
and obviously the entire 
international community can 

549
01:08:58,000 --> 01:09:01,567
international community can 
make progress and concrete 

550
01:09:01,567 --> 01:09:03,800
make progress and concrete 
concrete uh concrete progress 

551
01:09:03,800 --> 01:09:07,233
concrete uh concrete progress 
now. II want to ask you a 

552
01:09:07,233 --> 01:09:09,633
now. II want to ask you a 
question on the trade side 

553
01:09:09,633 --> 01:09:10,900
question on the trade side 
since youâ€™re your your 

554
01:09:10,900 --> 01:09:12,433
since youâ€™re your your 
presentation was from the 

555
01:09:12,433 --> 01:09:15,034
presentation was from the 
trades and trade your trade 

556
01:09:15,034 --> 01:09:19,266
trades and trade your trade 
professor um as you know, uh 

557
01:09:19,266 --> 01:09:22,701
professor um as you know, uh 
the European Union uh and 

558
01:09:22,701 --> 01:09:25,767
the European Union uh and 
mistaken elite uh wishes to 

559
01:09:25,767 --> 01:09:28,467
mistaken elite uh wishes to 
take a lead in fighting uh 

560
01:09:28,467 --> 01:09:30,766
take a lead in fighting uh 
climate change with the 

561
01:09:30,766 --> 01:09:33,467
climate change with the 
European Green deal and um that 

562
01:09:33,467 --> 01:09:37,300
European Green deal and um that 
may include. 

563
01:09:49,700 --> 01:09:52,500
So III want to hear a little 

564
01:09:52,500 --> 01:09:54,600
So III want to hear a little 
from you both from the 

565
01:09:54,600 --> 01:09:56,400
from you both from the 
bilateral sites. I mean we do 

566
01:09:56,400 --> 01:09:57,633
bilateral sites. I mean we do 
have you know people have 

567
01:09:57,633 --> 01:09:59,200
have you know people have 
recorded. We have the EP on 

568
01:09:59,200 --> 01:10:01,466
recorded. We have the EP on 
bilateral trade agreement 

569
01:10:01,466 --> 01:10:05,300
bilateral trade agreement 
between and uh and Japan very 

570
01:10:05,300 --> 01:10:06,699
between and uh and Japan very 
very successful and very 

571
01:10:06,699 --> 01:10:09,933
very successful and very 
ambitious one. but you know how 

572
01:10:09,933 --> 01:10:12,266
ambitious one. but you know how 
do you see the European 

573
01:10:12,266 --> 01:10:15,167
do you see the European 
measures uh about uh climate 

574
01:10:15,167 --> 01:10:17,900
measures uh about uh climate 
change? Uh how do you see that 

575
01:10:17,900 --> 01:10:20,301
change? Uh how do you see that 
affecting in the? Positive and 

576
01:10:20,301 --> 01:10:23,166
affecting in the? Positive and 
negative manner the by election 

577
01:10:23,166 --> 01:10:24,700
negative manner the by election 
uh trade relationship between 

578
01:10:24,700 --> 01:10:28,500
uh trade relationship between 
uh between two or two sides and 

579
01:10:28,500 --> 01:10:32,199
uh between two or two sides and 
also the the global level uh 

580
01:10:32,199 --> 01:10:36,400
also the the global level uh 
you see a need for uh updating 

581
01:10:36,400 --> 01:10:38,766
you see a need for uh updating 
Wt roots again to concrete, you 

582
01:10:38,766 --> 01:10:39,400
Wt roots again to concrete, you 
know all of us have been 

583
01:10:39,400 --> 01:10:42,799
know all of us have been 
talking of you know uh the 

584
01:10:42,799 --> 01:10:44,667
talking of you know uh the 
importance of the yes but uh 

585
01:10:44,667 --> 01:10:47,167
importance of the yes but uh 
then that means returning to 

586
01:10:47,167 --> 01:10:51,400
then that means returning to 
Geneva and uh. 

587
01:11:58,234 --> 01:12:00,800
Uh so II understand that the 

588
01:12:00,800 --> 01:12:03,234
Uh so II understand that the 
particular code uh we are many 

589
01:12:03,234 --> 01:12:04,634
particular code uh we are many 
countries are using a lot of 

590
01:12:04,634 --> 01:12:06,533
countries are using a lot of 
coal and there are other types 

591
01:12:06,533 --> 01:12:10,234
coal and there are other types 
of fuels. So how are we gonna 

592
01:12:10,234 --> 01:12:11,700
of fuels. So how are we gonna 
get out of this kind of 

593
01:12:11,700 --> 01:12:12,701
get out of this kind of 
situation? Still, we are 

594
01:12:12,701 --> 01:12:14,833
situation? Still, we are 
discussing that kind of things 

595
01:12:14,833 --> 01:12:17,767
discussing that kind of things 
a lot uh so certainly a global 

596
01:12:17,767 --> 01:12:19,199
a lot uh so certainly a global 
warming is a really big worry 

597
01:12:19,199 --> 01:12:22,000
warming is a really big worry 
uh so we have to see you have 

598
01:12:22,000 --> 01:12:23,699
uh so we have to see you have 
to do something but uh not 

599
01:12:23,699 --> 01:12:26,233
to do something but uh not 
really jump into a kind of a 

600
01:12:26,233 --> 01:12:27,667
really jump into a kind of a 
green uh discussion. thatâ€™s one 

601
01:12:27,667 --> 01:12:31,800
green uh discussion. thatâ€™s one 
thing so uh. 

602
01:14:38,333 --> 01:14:40,767
About the objectives that we 

603
01:14:40,767 --> 01:14:42,466
About the objectives that we 
have agreed upon uh then I 

604
01:14:42,466 --> 01:14:45,667
have agreed upon uh then I 
think we need to start acting 

605
01:14:45,667 --> 01:14:48,700
think we need to start acting 
now and uh the European Union 

606
01:14:48,700 --> 01:14:51,700
now and uh the European Union 
seems to be uh wanting to have 

607
01:14:51,700 --> 01:14:53,967
seems to be uh wanting to have 
already extremely ambitious 

608
01:14:53,967 --> 01:14:55,967
already extremely ambitious 
objective by uh objectives by 

609
01:14:55,967 --> 01:14:59,133
objective by uh objectives by 
by 2030, so already put some of 

610
01:14:59,133 --> 01:15:03,467
by 2030, so already put some of 
a midterm uh deadline. I think 

611
01:15:03,467 --> 01:15:05,067
a midterm uh deadline. I think 
itâ€™s right, youâ€™re not going to 

612
01:15:05,067 --> 01:15:07,634
itâ€™s right, youâ€™re not going to 
do this in 2049 so you need to 

613
01:15:07,634 --> 01:15:10,200
do this in 2049 so you need to 
you know shed your effort 

614
01:15:10,200 --> 01:15:13,966
you know shed your effort 
between none and. 

615
01:16:16,733 --> 01:16:20,200
Countries make it difficult to 

616
01:16:20,200 --> 01:16:23,200
Countries make it difficult to 
guide China if that also means 

617
01:16:23,200 --> 01:16:25,967
guide China if that also means 
actions that China does not 

618
01:16:25,967 --> 01:16:29,767
actions that China does not 
like would like to um to 

619
01:16:29,767 --> 01:16:32,033
like would like to um to 
respond to this uh to this 

620
01:16:32,033 --> 01:16:35,166
respond to this uh to this 
question. 

621
01:16:37,367 --> 01:16:39,867
Use the yes uh Iâ€™ve been to 

622
01:16:39,867 --> 01:16:41,699
Use the yes uh Iâ€™ve been to 
China Sixteen times and uh I 

623
01:16:41,699 --> 01:16:43,600
China Sixteen times and uh I 
have a very good relationship 

624
01:16:43,600 --> 01:16:45,333
have a very good relationship 
with the uh Chinese authorities 

625
01:16:45,333 --> 01:16:47,967
with the uh Chinese authorities 
uh including mister finance and 

626
01:16:47,967 --> 01:16:50,000
uh including mister finance and 
even leaders and also central 

627
01:16:50,000 --> 01:16:54,866
even leaders and also central 
bank and also uh my question to 

628
01:16:54,866 --> 01:16:57,166
bank and also uh my question to 
English. is to cooperate and we 

629
01:16:57,166 --> 01:17:00,201
English. is to cooperate and we 
do co finance together although 

630
01:17:00,201 --> 01:17:01,234
do co finance together although 
AB supports Asian Development 

631
01:17:01,234 --> 01:17:05,133
AB supports Asian Development 
Bank supports AI by using uh 

632
01:17:05,133 --> 01:17:08,233
Bank supports AI by using uh 
human resources or add to start 

633
01:17:08,233 --> 01:17:09,933
human resources or add to start 
the project and to implement 

634
01:17:09,933 --> 01:17:14,533
the project and to implement 
project so there are many. 

635
01:17:45,233 --> 01:17:47,733
But to be nice to others means 

636
01:17:47,733 --> 01:17:50,733
But to be nice to others means 
itâ€™s nice to them. uh also in 

637
01:17:50,733 --> 01:17:53,000
itâ€™s nice to them. uh also in 
the long run so uh even if we 

638
01:17:53,000 --> 01:17:54,800
the long run so uh even if we 
are dependent on China, like 

639
01:17:54,800 --> 01:17:58,266
are dependent on China, like 
many ways uh we should also uh 

640
01:17:58,266 --> 01:18:02,800
many ways uh we should also uh 
evolve in uh China to better uh 

641
01:18:02,800 --> 01:18:04,799
evolve in uh China to better uh 
better directions. Uh they have 

642
01:18:04,799 --> 01:18:07,000
better directions. Uh they have 
a potential to do that because 

643
01:18:07,000 --> 01:18:09,033
a potential to do that because 
they learned a lot uh in 50 

644
01:18:09,033 --> 01:18:10,299
they learned a lot uh in 50 
years ago, China is very poor 

645
01:18:10,299 --> 01:18:12,667
years ago, China is very poor 
and it was the import 

646
01:18:12,667 --> 01:18:14,133
and it was the import 
substitution country socialist 

647
01:18:14,133 --> 01:18:16,434
substitution country socialist 
economy. But I turn around a 

648
01:18:16,434 --> 01:18:18,666
economy. But I turn around a 
lot. Thatâ€™s why it is more 

649
01:18:18,666 --> 01:18:20,400
lot. Thatâ€™s why it is more 
prosperous and I hope that 

650
01:18:20,400 --> 01:18:23,201
prosperous and I hope that 
China can again to fall to 

651
01:18:23,201 --> 01:18:25,000
China can again to fall to 
their own interest and also to 

652
01:18:25,000 --> 01:18:26,167
their own interest and also to 
the interest of global 

653
01:18:26,167 --> 01:18:30,233
the interest of global 
community. Thank you very good 

654
01:18:30,233 --> 01:18:33,034
community. Thank you very good 
words. Uh Kristen Thank you 

655
01:18:33,034 --> 01:18:34,634
words. Uh Kristen Thank you 
very much well. Itâ€™s itâ€™s a 

656
01:18:34,634 --> 01:18:36,167
very much well. Itâ€™s itâ€™s a 
very good question because it 

657
01:18:36,167 --> 01:18:37,966
very good question because it 
is it is tricky because thereâ€™s 

658
01:18:37,966 --> 01:18:40,100
is it is tricky because thereâ€™s 
no doubt that there is a kind 

659
01:18:40,100 --> 01:18:41,967
no doubt that there is a kind 
of dependent financially 

660
01:18:41,967 --> 01:18:45,900
of dependent financially 
economically of China and we 

661
01:18:45,900 --> 01:18:48,267
economically of China and we 
see that individual countries 

662
01:18:48,267 --> 01:18:49,834
see that individual countries 
also inside the European Union 

663
01:18:49,834 --> 01:18:54,267
also inside the European Union 
sometimes are threatened if 

664
01:18:54,267 --> 01:18:56,133
sometimes are threatened if 
they are too critical towards 

665
01:18:56,133 --> 01:18:58,467
they are too critical towards 
China. They are afraid. Losing 

666
01:18:58,467 --> 01:19:01,633
China. They are afraid. Losing 
Some of the trade with China 

667
01:19:01,633 --> 01:19:03,799
Some of the trade with China 
but I also think that there is 

668
01:19:03,799 --> 01:19:05,766
but I also think that there is 
a dependent the other way 

669
01:19:05,766 --> 01:19:07,467
a dependent the other way 
around so itâ€™s kind of 

670
01:19:07,467 --> 01:19:10,700
around so itâ€™s kind of 
independence 

671
01:19:11,201 --> 01:19:13,800
and therefore um China, China 

672
01:19:13,800 --> 01:19:16,933
and therefore um China, China 
also need Europe and uh you 

673
01:19:16,933 --> 01:19:19,167
also need Europe and uh you 
know I think it is so important 

674
01:19:19,167 --> 01:19:23,200
know I think it is so important 
to fight for a well functioning 

675
01:19:23,200 --> 01:19:25,766
to fight for a well functioning 
multi lateral system in the 

676
01:19:25,766 --> 01:19:26,199
multi lateral system in the 
world where we donâ€™t have to 

677
01:19:26,199 --> 01:19:27,766
world where we donâ€™t have to 
threat each other, but we will 

678
01:19:27,766 --> 01:19:30,301
threat each other, but we will 
have conflicts with. Will not 

679
01:19:30,301 --> 01:19:31,000
have conflicts with. Will not 
always agree on all things, but 

680
01:19:31,000 --> 01:19:33,334
always agree on all things, but 
we need to have a system and we 

681
01:19:33,334 --> 01:19:34,233
we need to have a system and we 
need to be able to have a 

682
01:19:34,233 --> 01:19:36,767
need to be able to have a 
dialogue with each other so 

683
01:19:36,767 --> 01:19:38,400
dialogue with each other so 
with problems you need to be 

684
01:19:38,400 --> 01:19:40,867
with problems you need to be 
able to talk about it we need 

685
01:19:40,867 --> 01:19:42,834
able to talk about it we need 
to respect to respect that we 

686
01:19:42,834 --> 01:19:45,234
to respect to respect that we 
have to say that we are not 

687
01:19:45,234 --> 01:19:46,467
have to say that we are not 
always happy with the way they 

688
01:19:46,467 --> 01:19:47,700
always happy with the way they 
are acting when it comes to 

689
01:19:47,700 --> 01:19:50,233
are acting when it comes to 
human rights for instance and 

690
01:19:50,233 --> 01:19:50,933
human rights for instance and 
China to be able to say 

691
01:19:50,933 --> 01:19:53,566
China to be able to say 
likewise to treat to EU if they 

692
01:19:53,566 --> 01:19:56,667
likewise to treat to EU if they 
want to. But for me, itâ€™s a 

693
01:19:56,667 --> 01:19:58,500
want to. But for me, itâ€™s a 
question of how to do it and 

694
01:19:58,500 --> 01:19:59,700
question of how to do it and 
respecting each other as 

695
01:19:59,700 --> 01:20:01,633
respecting each other as 
partners and. Be able to sit 

696
01:20:01,633 --> 01:20:03,400
partners and. Be able to sit 
down and talk about it, but I 

697
01:20:03,400 --> 01:20:05,667
down and talk about it, but I 
had to say that having had this 

698
01:20:05,667 --> 01:20:08,199
had to say that having had this 
Kobe nineteen crisis Uh we see 

699
01:20:08,199 --> 01:20:09,867
Kobe nineteen crisis Uh we see 
a discussion also internally in 

700
01:20:09,867 --> 01:20:11,300
a discussion also internally in 
EU at the moment when it comes 

701
01:20:11,300 --> 01:20:13,100
EU at the moment when it comes 
to for instance, supply chain 

702
01:20:13,100 --> 01:20:16,433
to for instance, supply chain 
of masks and ventilators and 

703
01:20:16,433 --> 01:20:17,833
of masks and ventilators and 
things like that and we were 

704
01:20:17,833 --> 01:20:19,534
things like that and we were 
dependent on China in in the 

705
01:20:19,534 --> 01:20:23,167
dependent on China in in the 
first weeks of the horrible and 

706
01:20:23,167 --> 01:20:25,000
first weeks of the horrible and 
spring time with Covid-nineteen 

707
01:20:25,000 --> 01:20:27,400
spring time with Covid-nineteen 
Europe and that made us think 

708
01:20:27,400 --> 01:20:28,900
Europe and that made us think 
here in Europe. Can we do 

709
01:20:28,900 --> 01:20:30,467
here in Europe. Can we do 
something to be less dependent 

710
01:20:30,467 --> 01:20:32,733
something to be less dependent 
on China and at least spread 

711
01:20:32,733 --> 01:20:37,067
on China and at least spread 
out our supply chain? 

712
01:21:05,166 --> 01:21:07,700
In in certain areas, so I mean 

713
01:21:07,700 --> 01:21:09,333
In in certain areas, so I mean 
it should be fair that we can 

714
01:21:09,333 --> 01:21:10,566
it should be fair that we can 
have this kind of dialogue and 

715
01:21:10,566 --> 01:21:12,733
have this kind of dialogue and 
still trade with each other, 

716
01:21:12,733 --> 01:21:14,800
still trade with each other, 
but there isnâ€™t dependent but 

717
01:21:14,800 --> 01:21:17,133
but there isnâ€™t dependent but 
IIII would say that it is an 

718
01:21:17,133 --> 01:21:18,200
IIII would say that it is an 
interdependence and that might 

719
01:21:18,200 --> 01:21:23,067
interdependence and that might 
be our best tool in this. 

720
01:25:35,699 --> 01:25:39,734
So Kristen uh what is your 

721
01:25:39,734 --> 01:25:41,367
So Kristen uh what is your 
reaction to this? uh itâ€™s very 

722
01:25:41,367 --> 01:25:42,400
reaction to this? uh itâ€™s very 
itâ€™s. Itâ€™s a very good 

723
01:25:42,400 --> 01:25:44,900
itâ€™s. Itâ€™s a very good 
question. In fact, do we put 

724
01:25:44,900 --> 01:25:46,467
question. In fact, do we put 
the bar too high? uh when we 

725
01:25:46,467 --> 01:25:51,500
the bar too high? uh when we 
make a trade agreement. I would 

726
01:25:51,500 --> 01:25:53,100
make a trade agreement. I would 
say no, I donâ€™t think we could 

727
01:25:53,100 --> 01:25:55,333
say no, I donâ€™t think we could 
get to hide because I think 

728
01:25:55,333 --> 01:25:57,967
get to hide because I think 
exactly that when you when 

729
01:25:57,967 --> 01:26:00,533
exactly that when you when 
youâ€™re in a negotiation on a 

730
01:26:00,533 --> 01:26:01,767
youâ€™re in a negotiation on a 
trade agreement, youâ€™re sitting 

731
01:26:01,767 --> 01:26:03,067
trade agreement, youâ€™re sitting 
there and you want to create a 

732
01:26:03,067 --> 01:26:04,701
there and you want to create a 
win win situation for both but 

733
01:26:04,701 --> 01:26:07,200
win win situation for both but 
I mean if we are opening up our 

734
01:26:07,200 --> 01:26:09,033
I mean if we are opening up our 
very important marketing EU for 

735
01:26:09,033 --> 01:26:10,800
very important marketing EU for 
other countries, then we also 

736
01:26:10,800 --> 01:26:12,167
other countries, then we also 
need to make sure that we have 

737
01:26:12,167 --> 01:26:14,900
need to make sure that we have 
a level playing field that we 

738
01:26:14,900 --> 01:26:17,633
a level playing field that we 
donâ€™t see dumping of uh 

739
01:26:17,633 --> 01:26:19,266
donâ€™t see dumping of uh 
salaries or conditions at the 

740
01:26:19,266 --> 01:26:20,500
salaries or conditions at the 
labor market, or, for instance, 

741
01:26:20,500 --> 01:26:21,967
labor market, or, for instance, 
when it comes to environmental 

742
01:26:21,967 --> 01:26:23,200
when it comes to environmental 
protection. So I think itâ€™s 

743
01:26:23,200 --> 01:26:25,900
protection. So I think itâ€™s 
good that. Put up the bar quite 

744
01:26:25,900 --> 01:26:28,167
good that. Put up the bar quite 
high because that is a way to 

745
01:26:28,167 --> 01:26:32,433
high because that is a way to 
put a pressure on countries 

746
01:26:32,433 --> 01:26:33,733
put a pressure on countries 
around the world. Of course, we 

747
01:26:33,733 --> 01:26:35,667
around the world. Of course, we 
need to be pragmatic, but I 

748
01:26:35,667 --> 01:26:37,300
need to be pragmatic, but I 
also think we are that in the 

749
01:26:37,300 --> 01:26:38,900
also think we are that in the 
beginning we come up with a lot 

750
01:26:38,900 --> 01:26:40,267
beginning we come up with a lot 
of demands and then during 

751
01:26:40,267 --> 01:26:41,567
of demands and then during 
negotiations we find balance. 

752
01:26:41,567 --> 01:26:42,867
negotiations we find balance. 
so I think it is good that we 

753
01:26:42,867 --> 01:26:46,799
so I think it is good that we 
are putting up high demands 

754
01:26:46,799 --> 01:26:48,766
are putting up high demands 
because we were not undermine 

755
01:26:48,766 --> 01:26:49,801
because we were not undermine 
the work weâ€™ve been doing in EU 

756
01:26:49,801 --> 01:26:51,733
the work weâ€™ve been doing in EU 
and we believe that we are an 

757
01:26:51,733 --> 01:26:52,799
and we believe that we are an 
important market to be able to 

758
01:26:52,799 --> 01:26:55,300
important market to be able to 
enter. But, of course, we also 

759
01:26:55,300 --> 01:26:57,667
enter. But, of course, we also 
need to find a way and II think 

760
01:26:57,667 --> 01:26:59,634
need to find a way and II think 
that trade agreements are very 

761
01:26:59,634 --> 01:27:02,433
that trade agreements are very 
important tool in order to make 

762
01:27:02,433 --> 01:27:03,933
important tool in order to make 
sure that the Paris agreement, 

763
01:27:03,933 --> 01:27:05,734
sure that the Paris agreement, 
for instance, will be 

764
01:27:05,734 --> 01:27:06,500
for instance, will be 
implemented throughout the 

765
01:27:06,500 --> 01:27:07,900
implemented throughout the 
world and making sure that the 

766
01:27:07,900 --> 01:27:09,734
world and making sure that the 
people around the world will 

767
01:27:09,734 --> 01:27:11,500
people around the world will 
get better conditions. Itâ€™s a 

768
01:27:11,500 --> 01:27:12,133
get better conditions. Itâ€™s a 
salaries and things like that. 

769
01:27:12,133 --> 01:27:14,000
salaries and things like that. 
So I think it is an important 

770
01:27:14,000 --> 01:27:14,833
So I think it is an important 
tool, but of course by the end 

771
01:27:14,833 --> 01:27:15,734
tool, but of course by the end 
of the day we need to find the 

772
01:27:15,734 --> 01:27:17,867
of the day we need to find the 
balance and we need to 

773
01:27:17,867 --> 01:27:19,733
balance and we need to 
pragmatic, but I think we have 

774
01:27:19,733 --> 01:27:22,099
pragmatic, but I think we have 
been so I think they are one of 

775
01:27:22,099 --> 01:27:23,833
been so I think they are one of 
the good tools to try to 

776
01:27:23,833 --> 01:27:28,133
the good tools to try to 
commence. Very good, very good. 

777
01:27:28,133 --> 01:27:30,433
commence. Very good, very good. 
I think we can bring the 

778
01:27:30,433 --> 01:27:33,367
I think we can bring the 
discussion to uh to end youâ€™ve 

779
01:27:33,367 --> 01:27:36,400
discussion to uh to end youâ€™ve 
been all very generous. uh with 

780
01:27:36,400 --> 01:27:38,634
been all very generous. uh with 
your with your time and also 

781
01:27:38,634 --> 01:27:40,467
your with your time and also 
with your with your views. Uh I 

782
01:27:40,467 --> 01:27:42,434
with your with your views. Uh I 
think this has been a very 

783
01:27:42,434 --> 01:27:45,233
think this has been a very 
frank uh conversation um I 

784
01:27:45,233 --> 01:27:48,233
frank uh conversation um I 
think very useful one and uh 

785
01:27:48,233 --> 01:27:50,767
think very useful one and uh 
III very much appreciate the 

786
01:27:50,767 --> 01:27:53,200
III very much appreciate the 
spirit of the discussion uh the 

787
01:27:53,200 --> 01:27:54,733
spirit of the discussion uh the 
spirit not only of you know, 

788
01:27:54,733 --> 01:27:59,000
spirit not only of you know, 
just words and. 

789
01:28:44,267 --> 01:28:47,667
Ultimately will be only to work 

790
01:28:47,667 --> 01:28:49,767
Ultimately will be only to work 
together uh to tackle those 

791
01:28:49,767 --> 01:28:52,234
together uh to tackle those 
issues of 1 may have 

792
01:28:52,234 --> 01:28:54,967
issues of 1 may have 
disagreement uh with uh with 

793
01:28:54,967 --> 01:28:57,300
disagreement uh with uh with 
some of uh of of of the 

794
01:28:57,300 --> 01:28:58,033
some of uh of of of the 
countries and that is only 

795
01:28:58,033 --> 01:29:00,534
countries and that is only 
natural uh we all come. We all 

796
01:29:00,534 --> 01:29:01,801
natural uh we all come. We all 
have our own history and you 

797
01:29:01,801 --> 01:29:05,167
have our own history and you 
know uh you chairman uh 

798
01:29:05,167 --> 01:29:06,634
know uh you chairman uh 
reminded of several occasion 

799
01:29:06,634 --> 01:29:08,467
reminded of several occasion 
the sort of history uh the 

800
01:29:08,467 --> 01:29:11,367
the sort of history uh the 
history of Japan the history of 

801
01:29:11,367 --> 01:29:15,966
history of Japan the history of 
the engagement uh of Japan. 

802
01:29:43,634 --> 01:29:45,400
Of those complicated issues, 

803
01:29:45,400 --> 01:29:47,667
Of those complicated issues, 
but weâ€™re all on the same 

804
01:29:47,667 --> 01:29:50,333
but weâ€™re all on the same 
planets uh ultimately and uh 

805
01:29:50,333 --> 01:29:53,067
planets uh ultimately and uh 
you also uh uh you know brought 

806
01:29:53,067 --> 01:29:55,800
you also uh uh you know brought 
a very useful and very useful 

807
01:29:55,800 --> 01:29:57,267
a very useful and very useful 
invitations uh very useful 

808
01:29:57,267 --> 01:29:59,766
invitations uh very useful 
remarks on on on many of the 

809
01:29:59,766 --> 01:30:02,300
remarks on on on many of the 
issues. so I think it was a 

810
01:30:02,300 --> 01:30:04,767
issues. so I think it was a 
very constructive discussion at 

811
01:30:04,767 --> 01:30:06,467
very constructive discussion at 
at a very important time uh 

812
01:30:06,467 --> 01:30:08,767
at a very important time uh 
very important time also 

813
01:30:08,767 --> 01:30:11,267
very important time also 
because as as you all recall at 

814
01:30:11,267 --> 01:30:12,466
because as as you all recall at 
the start of the intervention, 

815
01:30:12,466 --> 01:30:15,933
the start of the intervention, 
all of the. 