English subtitles for clip: File:President Obama's Bilateral Meeting with President Rousseff of Brazil.webm

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President Obama:
Well, it gives me great pleasure
to welcome to the Oval Office my

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good friend, President Rousseff.

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This gives me an opportunity to
return some of the extraordinary

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hospitality that I received when
Michelle and our daughters and I

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had a chance to visit
Brazil last year.

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(translation being made)

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It gives me an opportunity
as well to remark on the

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extraordinary progress that
Brazil has made under the

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leadership of President
Rousseff and her predecessor,

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President Lula, moving from
dictatorship to democracy,

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embarking on an
extraordinary growth path,

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lifting millions of
people out of poverty,

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and becoming not only a leading
voice in the region but also a

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leading voice in the world.

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(translation being made)

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We've made enormous progress
since we last met on our

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bilateral relationship.

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Our trade and investment
is reaching record levels,

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which creates jobs and business
opportunities in both countries.

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We have seen an extraordinary
expansion of people-to-people

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contacts, including a
unprecedented exchange of

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students around math and
science and technology,

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where President Rousseff has
shown incredible leadership.

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We are announcing defense
cooperation of the sorts that we

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have not seen in the past.

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And this meeting gives us an
opportunity to also discuss a

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wide range of global issues,
whether it's global economic

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growth, the situation
in the Middle East,

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our work together on various
multilateral platforms,

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as well as the progress that
we've been able to make together

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in the Open Government
Partnership that is increasing

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transparency, accountability,
and reducing corruption,

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where the United States and
Brazil were the initial

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co-chairs, and now we're seeing
countries all around the world

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eagerly involved and
engaged in what can be

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a very important initiative.

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(translation being made)

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Of course, we still
have more work to do.

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We are consulting around the
Summit of the Americas meeting

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this weekend to make sure that
we are coordinating closely on

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issues of great importance like
expanding educational exchanges,

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improving the cooperation
between our countries on clean

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energy, dealing with issues like
narco-trafficking and citizen

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security issues that are so
important to the region.

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(translation being made)

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We have important progress to
make on energy cooperation.

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Brazil has been a extraordinary
leader in biofuels and obviously

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is also becoming a world
player when it comes to oil

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and gas development.

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And the United States is not
only a potential large customer

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to Brazil but we think that we
can cooperate closely on a whole

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range of energy
projects together.

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(translation being made)

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And both our governments are
going to continue to work to

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make it easier to
cultivate the friendships,

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the commerce and interaction
between the peoples of the

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United States and Brazil.

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For example, we have drastically
cut down on visa wait times for

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Brazilian visitors
to the United States,

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and are opening up
two new consulates.

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We want to continue to make
progress on that front.

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We're going to have the
opportunity to meet with

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business leaders from both
Brazil and the United States to

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get their recommendations on how
we can further enhance trade and

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investment relationships
between our two countries.

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So the good news is, is that the
relationship between Brazil and

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the United States has
never been stronger.

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But we always have even greater
improvements that can be made.

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And I feel very fortunate
to have such a capable and

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far-sighted partner
as President Rousseff,

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so that not only Brazil
and the United States,

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but the world can benefit
from our deeper cooperation.

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So, welcome, Madam President.

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We're thrilled to have you here.

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(translation being made)

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President Rousseff:
(speaking Portuguese)

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(as interpreted):
I would like to say to say to
all of you that this occasion

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has been very important for me
to meet with President Obama,

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following our meeting
last year in Brasilia.

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(speaking Portuguese)

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(as interpreted):
That first meeting in 2011 in
Brazil proved very important in

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that it provided us an
opportunity for contacts with

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the First Lady Michelle
and also with the children.

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(speaking Portuguese)

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(as interpreted):
The U.S.-Brazil bilateral
relations are, for Brazil,

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a very important relationship --

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(speaking Portuguese)

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(as interpreted):
-- not only from a
bilateral but also from

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a multilateral perspective.

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(speaking Portuguese)

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(as interpreted):
As regards the bilateral
dimension of our agenda.

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(speaking Portuguese)

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(as interpreted):
Brazil and the United States
have increasingly drawn closer

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ties in their trade links --

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(speaking Portuguese)

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-- while at the same time,
expanding mutual investments.

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(speaking Portuguese)

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(as interpreted):
Brazil's current
investment level,

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direct investments in the United
States currently account for

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40% of the overall
investments made by the

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United States and Brazil.

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(speaking Portuguese)

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(as interpreted):
All of these different fronts
of our relationship --

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(speaking Portuguese)

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(as interpreted):
-- have produced very
substantial outcomes --

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(speaking Portuguese)

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(as interpreted):
-- but they also show
that we remain current

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in our potentiality.

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(speaking Portuguese)

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(as interpreted):
Both Brazil and the United
States of America have strategic

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areas in which
we can cooperate.

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(speaking Portuguese)

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(as interpreted):
Or, better said, where
we can further deepen our

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existing cooperation.

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(speaking Portuguese)

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(as interpreted):
Take the energy
sector, for example.

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(speaking Portuguese)

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(as interpreted):
Oil and gas pose a
tremendous opportunity

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for further cooperation.

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(speaking Portuguese)

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(as interpreted):
Both as regards the supply
of equipment and provision

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of services --

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(speaking Portuguese)

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(as interpreted):
-- and also as regards a wider
role in our trade relations.

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(speaking Portuguese)

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(as interpreted):
Brazil and the United
States are also partners

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in the biofuel arena.

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(speaking Portuguese)

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(as interpreted):
And I would like to welcome the
recently announced reductions

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to ethanol tariffs.

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(speaking Portuguese)

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(as interpreted):
The field of energy efficiency,
which is so very dear to

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President Obama, is yet
another area to be highlighted

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for cooperation.

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(speaking Portuguese)

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(as interpreted):
And particularly,
renewable sources of energy.

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(speaking Portuguese)

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(as interpreted):
And also technological evolution
in the energy arena as regards

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to smart grids or networks.

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00:13:21,900 --> 00:13:25,300
(speaking Portuguese)

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(as interpreted):
Without a shadow of a doubt,
there are also other areas

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of equal relevance.

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(speaking Portuguese)

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(as interpreted):
A number of which I
would like to highlight,

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the areas of science,
technology and innovation.

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00:13:37,433 --> 00:13:46,503
(speaking Portuguese)

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(as interpreted):
An area in which both
business communities,

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the members of academia
and governments have a

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high-profile role to perform.

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(speaking Portuguese)

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(as interpreted):
That is where our involvement
in the Science Without Borders

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program is so very important.

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(speaking Portuguese)

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(as interpreted):
The program benefits Brazilian
researchers and students who are

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given the opportunity to come to
the United States to develop and

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conduct their studies here.

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(speaking Portuguese)

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(as interpreted):
I would also like to publicly
acknowledge the support we have

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received in all of
those initiatives.

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(speaking Portuguese)

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(as interpreted):
And also highlight the fact that
Brazil feels it's very important

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the U.S.-run program
titled 100,000 Strong.

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(speaking Portuguese)

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(as interpreted):
May I also highlight the
opportunities available

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in areas such as the defense
arena, and also ship building,

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which holds significant
opportunities for cooperation.

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(speaking Portuguese)

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(as interpreted):
And security is also another
field for cooperation,

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without a shadow of a doubt.

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00:15:26,200 --> 00:15:45,430
(speaking Portuguese)

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(as interpreted):
Not only the government-led
growth acceleration program,

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the PAC program, but also the
upcoming World Soccer Cup in

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2014, and the Olympics in 2016,
provide extensive opportunities

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for investment and
cooperation between

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Brazilian and U.S. businesses.

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(speaking Portuguese)

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(as interpreted):
I believe it is in
our utmost interest --

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(speaking Portuguese)

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(as interpreted):
-- to draw closer ties in
our economic areas and also

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ensure a closer partnership --

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(speaking Portuguese)

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(as interpreted):
-- ensure a closer
partnership in the field

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of innovation in particular.

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(speaking Portuguese)

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(as interpreted):
Regarding the
multilateral agenda,

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during this meeting we also
covered and mentioned our

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concern regarding the
international crisis,

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which has led to
instability, low growth,

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and unemployment in several
regions of the world.

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(speaking Portuguese)

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(as interpreted):
We also indicated that we
acknowledged the role performed

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by central banks of
different countries,

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and more particularly,
in the recent past,

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the role of the
European Central Bank.

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(speaking Portuguese)

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(as interpreted):
The role performed to the effect
of ultimately preventing a

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liquidity crisis of
substantial proportions --

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00:17:31,633 --> 00:17:33,563
(speaking Portuguese)

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(as interpreted):
-- which would thus affect
all countries adversely.

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(speaking Portuguese)

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(as interpreted):
But I also voiced to President
Obama Brazil's concern --

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(speaking Portuguese)

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00:17:50,367 --> 00:17:53,067
(as interpreted):
-- regarding the
monetary expansion --

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(speaking Portuguese)

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00:17:57,433 --> 00:17:59,033
(as interpreted):
-- the monetary expansion
policies that ultimately

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mean that countries
that have a --

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00:18:00,233 --> 00:18:02,603
(speaking Portuguese)

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00:18:02,600 --> 00:18:07,570
(as interpreted):
-- surplus be able to strike
a balance in those economic --

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00:18:07,567 --> 00:18:09,237
(speaking Portuguese)

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00:18:09,233 --> 00:18:11,103
(as interpreted):
-- monetary expansion
policies --

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00:18:11,100 --> 00:18:14,730
(speaking Portuguese)

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00:18:14,734 --> 00:18:16,464
(as interpreted):
-- through fiscal policies
that are ultimately based

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on expanding investments.

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00:18:18,600 --> 00:18:20,830
(speaking Portuguese)

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00:18:20,834 --> 00:18:25,364
(as interpreted):
Such expansionist monetary
policies in and of themselves,

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in isolation --

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00:18:26,367 --> 00:18:28,037
(speaking Portuguese)

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00:18:28,033 --> 00:18:29,803
(as interpreted):
-- regarding the
fiscal policies --

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00:18:29,800 --> 00:18:33,770
(speaking Portuguese)

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(as interpreted):
-- ultimately lead to a
depreciation in the value

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of the currencies of
emerging countries --

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(speaking Portuguese)

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(as interpreted):
-- rather they lead to a
depreciation in the value

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of the currency of
developed countries --

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(speaking Portuguese)

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(as interpreted):
-- thus impairing growth
outlooks in emerging countries.

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00:18:59,400 --> 00:19:03,230
(speaking Portuguese)

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(as interpreted):
It is our view that the role
to be performed by the United

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States, against a backdrop --

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00:19:07,533 --> 00:19:10,633
(speaking Portuguese)

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00:19:10,633 --> 00:19:14,233
(as interpreted):
-- and in an increasingly
multilateral world,

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as we have seen --
we believe the U.S.

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role is very important.

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00:19:17,867 --> 00:19:22,397
(speaking Portuguese)

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00:19:22,400 --> 00:19:24,830
(as interpreted):
The high degree of flexibility
that is inherent to the United

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00:19:24,834 --> 00:19:26,534
States economy --

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00:19:26,533 --> 00:19:30,163
(speaking Portuguese)

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00:19:30,166 --> 00:19:31,296
(as interpreted):
-- plus the U.S.
leadership in the

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fields of science --
technology and innovation --

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00:19:34,300 --> 00:19:36,830
(speaking Portuguese)

241
00:19:36,834 --> 00:19:38,264
(as interpreted):
-- in the United States --

242
00:19:38,266 --> 00:19:43,366
(speaking Portuguese)

243
00:19:43,367 --> 00:19:45,337
(as interpreted):
-- and at the same time, the
democratic forces that are

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00:19:45,333 --> 00:19:48,063
the founding elements
of the U.S. nation --

245
00:19:48,066 --> 00:19:58,866
(speaking Portuguese)

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00:19:58,867 --> 00:20:02,237
(as interpreted):
-- mean that the role of the
United States is indeed a key

247
00:20:02,233 --> 00:20:04,103
and very important role in
containing the effects of the

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crisis, but also ensuring proper
resumption of prosperity.

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00:20:08,400 --> 00:20:16,170
(speaking Portuguese)

250
00:20:16,166 --> 00:20:18,566
(as interpreted):
The BRIC countries currently
account for a very substantial

251
00:20:18,567 --> 00:20:22,097
share of economic
growth worldwide.

252
00:20:22,100 --> 00:20:26,830
(speaking Portuguese)

253
00:20:26,834 --> 00:20:30,464
(as interpreted):
But it is important to
realize and bear in mind --

254
00:20:30,467 --> 00:20:35,137
the resumption of growth in
the medium term future --

255
00:20:35,133 --> 00:20:40,733
(speaking Portuguese)

256
00:20:40,734 --> 00:20:42,764
(as interpreted):
-- certainly involves a
substantial resumption of

257
00:20:42,767 --> 00:20:44,667
growth in the U.S. economy.

258
00:20:44,667 --> 00:20:48,797
(speaking Portuguese)

259
00:20:48,800 --> 00:20:50,800
(as interpreted):
We very much welcome the major
improvements that have been

260
00:20:50,800 --> 00:20:53,930
found in the U.S.
economy in the recent past.

261
00:20:53,934 --> 00:20:57,034
(speaking Portuguese)

262
00:20:57,033 --> 00:20:58,933
(as interpreted):
And I am quite certain --

263
00:20:58,934 --> 00:21:04,664
(speaking Portuguese)

264
00:21:04,667 --> 00:21:06,997
(as interpreted):
-- I am quite certain that that
will very much be the emphasis

265
00:21:07,000 --> 00:21:09,030
in the next few months
and years ahead --

266
00:21:09,033 --> 00:21:11,533
(speaking Portuguese)

267
00:21:11,533 --> 00:21:14,203
(as interpreted):
-- under the capable
leadership of President Obama.

268
00:21:14,200 --> 00:21:18,230
(speaking Portuguese)

269
00:21:18,233 --> 00:21:20,833
(as interpreted):
Furthermore, we also discussed
with President Obama --

270
00:21:20,834 --> 00:21:28,134
(speaking Portuguese)

271
00:21:28,133 --> 00:21:30,433
(as interpreted):
-- the issues regarding the
upcoming and fourth summit

272
00:21:30,433 --> 00:21:33,403
meeting of the Americas, which
will be held next weekend --

273
00:21:33,400 --> 00:21:34,600
(speaking Portuguese)

274
00:21:34,600 --> 00:21:36,870
(as interpreted):
-- in Cartagena, Colombia.

275
00:21:36,867 --> 00:21:38,397
(speaking Portuguese)

276
00:21:38,400 --> 00:21:40,030
(as interpreted):
The Summit of the Americas --

277
00:21:40,033 --> 00:21:45,663
(speaking Portuguese)

278
00:21:45,667 --> 00:21:47,537
(as interpreted):
-- very much expresses the
fact that Latin America is

279
00:21:47,533 --> 00:21:49,203
a growing continent --

280
00:21:49,200 --> 00:21:50,730
(speaking Portuguese)

281
00:21:50,734 --> 00:21:52,834
(as interpreted):
-- and has grown by
distributing income --

282
00:21:52,834 --> 00:21:55,464
(speaking Portuguese)

283
00:21:55,467 --> 00:21:57,037
(as interpreted):
-- and engaging in a
social inclusion or

284
00:21:57,033 --> 00:21:58,903
social mainstreaming process.

285
00:21:58,900 --> 00:22:06,970
(speaking Portuguese)

286
00:22:06,967 --> 00:22:08,997
(as interpreted):
But of course, the crisis does
affect Latin American countries,

287
00:22:09,000 --> 00:22:11,170
not as strongly as in other
regions of the world,

288
00:22:11,166 --> 00:22:13,096
but it does affect
Latin America.

289
00:22:13,100 --> 00:22:22,000
(speaking Portuguese)

290
00:22:22,000 --> 00:22:25,030
(as interpreted):
We will discuss in the upcoming
summit meeting of the Americas

291
00:22:25,033 --> 00:22:27,003
how integration in the
Americas can prove beneficial

292
00:22:27,000 --> 00:22:27,870
to Latin America --

293
00:22:27,867 --> 00:22:29,897
(speaking Portuguese)

294
00:22:29,900 --> 00:22:31,730
(as interpreted):
-- and also how
economic growth --

295
00:22:31,734 --> 00:22:42,264
(speaking Portuguese)

296
00:22:42,266 --> 00:22:44,366
(as interpreted):
-- and also how economic
growth can only materialize

297
00:22:44,367 --> 00:22:46,937
if we introduce economic
policies that are targeted

298
00:22:46,934 --> 00:22:49,534
to strengthening our
domestic markets --

299
00:22:49,533 --> 00:22:54,633
(speaking Portuguese)

300
00:22:54,633 --> 00:22:57,633
(as interpreted):
-- by increasingly mainstreaming
millions of Brazilians and,

301
00:22:57,633 --> 00:23:00,263
by extension, millions
of Latin Americans --

302
00:23:00,266 --> 00:23:05,736
(speaking Portuguese)

303
00:23:05,734 --> 00:23:06,804
(as interpreted):
-- while also of
course, preventing

304
00:23:06,800 --> 00:23:09,130
the protectionist measures --

305
00:23:09,133 --> 00:23:12,403
(speaking Portuguese)

306
00:23:12,400 --> 00:23:16,900
(as interpreted):
-- particularly currency-related
measures proved detrimental to

307
00:23:16,900 --> 00:23:18,270
our interests.

308
00:23:18,266 --> 00:23:20,766
(speaking Portuguese)

309
00:23:20,767 --> 00:23:23,097
(as interpreted):
And a very important point
on the agenda is to do --

310
00:23:23,100 --> 00:23:28,670
(speaking Portuguese)

311
00:23:28,667 --> 00:23:31,567
(as interpreted):
-- is to do with the concern we
all have regarding the issue of

312
00:23:31,567 --> 00:23:35,237
drug trafficking and
the violence it triggers.

313
00:23:35,233 --> 00:23:44,833
(speaking Portuguese)

314
00:23:44,834 --> 00:23:48,664
(as interpreted):
At the same time, we're keenly
aware of the importance of Latin

315
00:23:48,667 --> 00:23:54,197
America in efforts to
tackle drug trafficking.

316
00:23:54,200 --> 00:23:57,200
(speaking Portuguese)

317
00:23:57,200 --> 00:23:59,500
(as interpreted):
As I have consistently
mentioned --

318
00:23:59,500 --> 00:24:05,830
(speaking Portuguese)

319
00:24:05,834 --> 00:24:07,034
(as interpreted):
-- I believe that when it
comes to drug trafficking,

320
00:24:07,033 --> 00:24:09,703
we have to take a hard
stance in fighting drug

321
00:24:09,700 --> 00:24:13,430
trafficking while --

322
00:24:13,433 --> 00:24:19,003
(speaking Portuguese)

323
00:24:19,000 --> 00:24:21,700
(as interpreted):
-- while addressing those
that have fallen prey to

324
00:24:21,700 --> 00:24:22,570
drug trafficking --

325
00:24:22,567 --> 00:24:23,797
(speaking Portuguese)

326
00:24:23,800 --> 00:24:26,800
(as interpreted):
-- thus becoming drug addicts.

327
00:24:26,800 --> 00:24:30,600
(speaking Portuguese)

328
00:24:30,600 --> 00:24:31,400
(as interpreted):
I would also like to say --

329
00:24:31,400 --> 00:24:33,300
(speaking Portuguese)

330
00:24:33,300 --> 00:24:34,600
(as interpreted):
-- that it is Brazil's
view that --

331
00:24:34,600 --> 00:24:36,200
(speaking Portuguese)

332
00:24:36,200 --> 00:24:38,570
(as interpreted):
-- the Open Government
Initiative meeting is very,

333
00:24:38,567 --> 00:24:39,597
very important.

334
00:24:39,600 --> 00:24:42,670
(speaking Portuguese)

335
00:24:42,667 --> 00:24:46,367
(as interpreted):
The upcoming meeting will be
held on April 17th in Brasilia.

336
00:24:46,367 --> 00:24:49,937
(speaking Portuguese)

337
00:24:49,934 --> 00:24:52,964
(as interpreted):
It is by definition an
inter-ministerial meeting --

338
00:24:52,967 --> 00:24:57,337
(speaking Portuguese)

339
00:24:57,333 --> 00:24:59,833
(as interpreted):
-- to be attended by the
U.S. Secretary of State,

340
00:24:59,834 --> 00:25:00,934
Hillary Clinton.

341
00:25:00,934 --> 00:25:05,104
(speaking Portuguese)

342
00:25:05,100 --> 00:25:07,600
(as interpreted):
The Open Government Initiative
was put forth initially by

343
00:25:07,600 --> 00:25:08,500
President Obama --

344
00:25:08,500 --> 00:25:13,300
(speaking Portuguese)

345
00:25:13,300 --> 00:25:15,870
(as interpreted):
-- and Brazil is a
co-chair in the forum, or in

346
00:25:15,867 --> 00:25:17,297
the (indiscernible).

347
00:25:17,300 --> 00:25:19,700
(speaking Portuguese)

348
00:25:19,700 --> 00:25:21,500
(as interpreted):
We believe that the Open
Government policy --

349
00:25:21,500 --> 00:25:22,470
(speaking Portuguese)

350
00:25:22,467 --> 00:25:23,437
(as interpreted):
-- is essential --

351
00:25:23,433 --> 00:25:25,163
(speaking Portuguese)

352
00:25:25,166 --> 00:25:30,036
(as interpreted):
-- to ensuring the fight against
corruption and also to ensure

353
00:25:30,033 --> 00:25:31,863
greater accountability
and transparency --

354
00:25:31,867 --> 00:25:33,397
(speaking Portuguese)

355
00:25:33,400 --> 00:25:35,230
(as interpreted):
-- and also to ensure
greater efficiency in

356
00:25:35,233 --> 00:25:36,503
government spending --

357
00:25:36,500 --> 00:25:39,400
(speaking Portuguese)

358
00:25:39,400 --> 00:25:41,300
(as interpreted):
-- in as much as one
is able to improve --

359
00:25:41,300 --> 00:25:44,230
(speaking Portuguese)

360
00:25:44,233 --> 00:25:48,163
(as interpreted):
-- the prospects for
assessment and monitoring.

361
00:25:48,166 --> 00:25:53,196
(speaking Portuguese)

362
00:25:53,200 --> 00:25:54,770
(as interpreted):
And I believe all of
those efforts also

363
00:25:54,767 --> 00:25:55,897
prove instrumental --

364
00:25:55,900 --> 00:26:00,300
(speaking Portuguese)

365
00:26:00,300 --> 00:26:03,700
(as interpreted):
-- and greatly help enhance
democracy in our countries --

366
00:26:03,700 --> 00:26:08,300
(speaking Portuguese)

367
00:26:08,300 --> 00:26:10,770
(as interpreted):
-- and also to provide citizens
with greater access to the

368
00:26:10,767 --> 00:26:13,267
information that is
rightfully theirs.

369
00:26:13,266 --> 00:26:16,696
(speaking Portuguese)

370
00:26:16,700 --> 00:26:18,400
(as interpreted):
I'm quite certain that the
ongoing cooperation efforts

371
00:26:18,400 --> 00:26:20,200
between Brazil and
the United States --

372
00:26:20,200 --> 00:26:26,370
(speaking Portuguese)

373
00:26:26,367 --> 00:26:28,767
(as interpreted):
-- as well as our close
relations and partnership --

374
00:26:28,767 --> 00:26:31,167
(speaking Portuguese)

375
00:26:31,166 --> 00:26:33,336
(as interpreted):
-- are indeed key
to our both nations.

376
00:26:33,333 --> 00:26:36,903
(speaking Portuguese)

377
00:26:36,900 --> 00:26:39,700
(as interpreted):
But equally important for
development at large --

378
00:26:39,700 --> 00:26:42,030
(speaking Portuguese)

379
00:26:42,033 --> 00:26:43,833
(as interpreted):
-- in the 21st century --

380
00:26:43,834 --> 00:26:45,704
(speaking Portuguese)

381
00:26:45,700 --> 00:26:47,670
(as interpreted):
-- the kind of development
that is ultimately to be --

382
00:26:47,667 --> 00:26:49,037
(speaking Portuguese)

383
00:26:49,033 --> 00:26:51,363
(as interpreted):
-- marked by elements such
as, for example,

384
00:26:51,367 --> 00:26:53,537
very much in line with
the topic of the upcoming

385
00:26:53,533 --> 00:26:54,803
Rio+20 conference --

386
00:26:54,800 --> 00:26:55,830
(speaking Portuguese)

387
00:26:55,834 --> 00:26:58,004
(as interpreted):
I actually invited President
Obama to attend the Rio+20

388
00:26:58,000 --> 00:26:59,730
conference on
sustainable development.

389
00:26:59,734 --> 00:27:01,734
(speaking Portuguese)

390
00:27:01,734 --> 00:27:03,704
(as interpreted):
And the key features of
the world we wish to work

391
00:27:03,700 --> 00:27:04,600
for includes --

392
00:27:04,600 --> 00:27:06,930
(speaking Portuguese)

393
00:27:06,934 --> 00:27:08,904
(as interpreted):
-- economic growth,
social inclusion and the

394
00:27:08,900 --> 00:27:10,000
environmental protection --

395
00:27:10,000 --> 00:27:14,970
(speaking Portuguese)

396
00:27:14,967 --> 00:27:16,937
(as interpreted):
-- which is tantamount
to the very definition of

397
00:27:16,934 --> 00:27:18,404
sustainable development.

398
00:27:18,400 --> 00:27:28,230
(speaking Portuguese)

399
00:27:28,233 --> 00:27:31,533
(as interpreted):
I would like to thank the
President of the United States

400
00:27:31,533 --> 00:27:33,533
and also the American
people for the very warm,

401
00:27:33,533 --> 00:27:35,733
brotherly and friendly
hospitality extended to me

402
00:27:35,734 --> 00:27:38,004
during this meeting and visit --

403
00:27:38,000 --> 00:27:39,330
(speaking Portuguese)

404
00:27:39,333 --> 00:27:40,833
(as interpreted):
-- to me and, of course,
to my delegation.

405
00:27:40,834 --> 00:27:41,864
(speaking Portuguese)

406
00:27:41,867 --> 00:27:43,067
(as interpreted):
Thank you very much.