00:00we're turning a page we're opening a new chapter in our unique relationship this is the story of
00:11historical and natural partners standing side by side on the global stage facing most of the same
00:19challenges pursuing the same objectives like-minded sharing the same values and thus we are looking
00:26for solutions that are beneficial for both our people and standing shoulder by shoulder when it
00:32comes to really getting to the solutions I want to have a look at common understanding which is
00:40basically the roadmap that we have agreed on to follow now after this summit first we have concluded
00:48our security and defense partnership this will boost our cooperation in security and defense
00:55initiatives there are lots of topics covered for example on the defense industry but also military
01:03mobility peace building crisis management or the countering of hybrid threats just to name a few
01:10and this is the first step towards UK participation in Europe's defense investment program we call it
01:19safe it's 150 billion euros of loans for joint procurement and this security and defense
01:28partnership opens the door towards the joint procurement we need another second step but
01:34this joint procurement we've discussed will will increase our readiness will close military gaps that
01:44we have and will increase that's of most importance our interoperability when our armed forces are going on
01:53missions together it will create new opportunities of course for our defense industries and as I said open the
02:01option for stronger more coordinated support also for Ukraine that's important either through joint procurement of
02:10military capabilities that then are brought to Ukraine or for direct investment in Ukraine's defense industry
02:18this is against the backdrop that we stand united behind Ukraine's fight for survival and that we are strongly committed
02:26to a full and unconditional ceasefire leading to a just and lasting peace in Ukraine
02:33this is against the ground
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