00:01We now live in a world defined by raw power, whether economic or military, technological or geopolitical.
00:13And while many of us may not like it, we must deal with the world as it is now.
00:21Honorable members, when it comes to security, it is more important than ever that we keep...
00:26We are at a crossroads. Europe prefers dialogue and solutions, but we are fully prepared to act, if necessary, with unity, urgency and determination.
00:4020 billion euros or 200 percent.
00:46Greenland is not just a territory in a key region of the world map and a land rich in critical raw materials.
00:56A strategic outpost on emerging global sea routes. It's all of these things.
01:04But above all, Greenland is home to a free and sovereign people.
01:09It is a nation with its sovereignty and its right to territorial integrity.
01:15And the future of Greenland is only for the Greenlanders to decide.
01:26And this is why the threat of additional tariffs for security reasons is simply wrong.
01:39Now with defense, with safe or on supporting Ukraine, we need our own strategic approach.
01:47This is why we are working on a package to support Arctic security.
01:52The first pillar will be a massive European investment surge in Greenland, in particular to further support the local economy and infrastructure.
02:02Worldwide, the more independent we are.
02:06And that is exactly what...
02:07Third, we recognize that there is a shared transatlantic interest in peace and security in the Arctic, notably working through NATO.
02:20Fourth, further tariffs would undermine transatlantic relations and are incompatible with the EU-US agreement.
02:32Fifth, we stand ready to defend ourselves, our member states, our citizens, our companies, against any form of coercion.
02:45We want to continue engaging constructively with the United States, of course, on all issues of common interest.
03:01And there are many, since we are partners and allies and share a transatlantic community.
03:08And until that time, the Union reserves the right to make use...
03:13We cannot accept that the law of the strongest prevails over the rights of the weakest.
03:21Because international rules are not optional.
03:24An alliance cannot just boil down to a sequence of transactions.
03:30We cannot accept violations of international law anywhere, whether in Ukraine, Greenland, Latin America, Africa or in Gaza.
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