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00:00President Trump is right to say that we don't spend enough. It's time to invest. We need
00:11investment from member states and the private sector but also from the common European budget.
00:18We must spend more than 1%. We need to relay a message that we are serious about our commitment
00:25to European defence. First, the United States. They are our strongest ally and must remain
00:33so. A strategically competitive and increasingly confrontational world needs us both and our
00:41transatlantic bond at its strongest. In the UK, they have left the Union but they have
00:49not left Europe. They are still part of Europe. And they are one of our strongest military powers
00:56in Europe. The UK is a key partner for the European Union. We need a mutually beneficial
01:03relationship on security and defence. A new agreement on this would be a logical next step.