00:00The partnership package, indeed it is 200 million euros of new investments for Greenland this year
00:07and next year. And this partnership package focuses mainly on three domains or strategic
00:14priorities. We call them the big C's, connectivity, clean energy, critical raw materials.
00:24If you look at connectivity, Greenland needs, like everybody, reliable connections with the country,
00:31with the European Union and towards the world. And this is exactly what we discussed today at TUSAS.
00:38My second point is on clean energy. Greenland has an untapped potential in hydropower. You're good
00:44at that already, but you still can be better. So our partnership package supports new hydropower
00:51plants in Greenland. The goal is to strengthen your energy security with homegrown energy supply,
00:59which gives you more independence, and also to develop strategic clean industries like,
01:06for example, renewable hydrogen that you might be interested in. The third point is, of course,
01:12critical raw materials. Everybody knows that Greenland has vast resources. And we agreed that they should
01:23be used to create value, jobs, and growth here in the country. This were three examples, but it's just the
01:34beginning. We also discussed that in our next budget, we have proposed to move to more than double EU funding
01:45for
01:45Greenland until 2034 to 530 million euros in the next budget. We want our partnership to be built for the
01:55long term,
01:56and this symbolizes also this focus on the next budget to be a reliable partner.
