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00:00Thank you very much, Marco Rubio.
00:30And obviously, of course, to meet previously before this meeting with the Prime Minister.
00:35You know, our two countries have accomplished many things together in the past,
00:39and we look forward to deepening and building that relationship in the future.
00:43In the past, for example, we've worked very closely on forging the arsenals of our allied forces.
00:48We together built your F-16 fleet, strengthening not just our two-nation security and defense,
00:54but frankly strengthening NATO as a result of it.
00:57And this is through decades of shared maintenance and training and joint operations.
01:03And we know that that will continue.
01:05And we applaud you, by the way, on the work.
01:07And I know it's difficult, but the commitment that you've made that you're living up to in spending more.
01:11And I don't even want to use the term spending more, in investing more on defense
01:15and for being on track to meet all of the commitments that were made at The Hague by the year
01:212035.
01:22And I always highlight this because people sometimes view this call to invest more in defense as a hostile thing.
01:29It is not a hostile thing.
01:31On the contrary, what we are arguing is that NATO is important.
01:34For NATO to matter, NATO has to be strong.
01:37For NATO to be strong, NATO's member states need to be strong.
01:40And for NATO's member states to be strong, they have to have capabilities.
01:45Now, every country is of a different size and proportion.
01:47Some countries can contribute more than others.
01:49But every country in NATO needs to be as strong as they can possibly be
01:53because the stronger the members of NATO are, the stronger NATO is,
01:57the stronger the alliance is, and the stronger the deterrence is.
02:01NATO exists more than anything else as a defensive alliance that acts as a deterrent against hostility.
02:07And it has served us well for decades.
02:10And if we want it to continue to serve us, we need to make sure that it is strong.
02:14So we look forward to the burden, to the, we look to share the burden of defense in the future.
02:20And we look forward to collaborating on constructing the next generation of weaponry
02:24that's going to be needed and advanced military technology
02:27that's going to be needed in order to deter the adversaries of the future.
02:31I believe working together along with all of our allies and partners in NATO,
02:34we can make our nations and our continents safer from foreign threats
02:39and more secure for our people.
02:41Now, I don't want to focus this relationship solely on our defense cooperation
02:45because what happens between our countries goes far beyond that.
02:49And I want to talk a little bit about the economic realm
02:51where Portugal plays an integral role in fostering U.S. commerce
02:55and in delivering U.S. technology to the European continent and beyond.
03:00As an example, Portugal's undersea cables, affordable energy, critical mineral reserves
03:05and hyperscale data centers make it the ideal gateway,
03:08the ideal gateway from a geographic and economic perspective,
03:13the ideal gateway for American technology companies to enter Europe.
03:16I think it's also important to point to the amount of investment
03:19that's going on in our respective countries.
03:21Last year, investors from the United States invested over $20 billion in Portugal.
03:27And Portuguese companies invested over $2 billion in the United States,
03:33which is a big number for a country of this size.
03:35So if you think about that, that's only going to grow.
03:37And we have ideas on how that's going to continue to grow.
03:40And so our governments are going to continue to make the necessary pathways
03:44for future investment in the critical industries,
03:47things like superintelligence and aerospace and defense and other strategic sectors.
03:51And one way we intend to do that, hopefully very soon, is through a CEO forum
03:56that I know our ambassador, who's doing a great job, has been working on.
03:59It's a forum that gives businesses in our two respective countries a mechanism
04:04to cut through the red tape, cut through any sort of bureaucratic impediments that exist,
04:08and turn the existing connections into more investment, into more jobs,
04:12into more economic growth on both sides of the Atlantic.
04:16Together, we have many opportunities to expand the commercial diplomacy
04:21and relations between our two countries in ways that will bring not only profit
04:25and prosperity to our people, but I think also bring resilience
04:28and the security that comes with resilience against future economic and technological risks.
04:34I also want to point for a moment to the number of U.S. travelers that come here.
04:37The number is stunning.
04:38And what I learned even earlier is that despite how many direct flights we have
04:42from the United States here, if they added more flights, they could fill more seats.
04:46So a lot of Americans want to come and visit here, and not just to do business,
04:52but to visit and to see the beauty of your country and all that it has to offer
04:55and the richness of its history and so forth, and I hope that that will continue.
04:59We also have a growing number of American retirees that are coming here as well,
05:04and I hope that that's an important component.
05:06And I know our embassy does an excellent and hard, it's a hard but excellent job
05:10in consular services and responding to all of that.
05:13Finally, let me say this.
05:14I want to compliment Portugal, something we don't talk enough about,
05:16and that is on your growing and successful efforts to combat narco-terrorism,
05:21not just in your country, but around the world.
05:23In the last two years, Portugal has seized nearly 200 tons of cocaine,
05:28including approximately just, what is that, a robot?
05:31Is that, did you see that?
05:34Well, okay, sorry.
05:36I'm easily distracted, guys.
05:38We're talking about cocaine, so let's go back to that.
05:40You know, for nearly two years, so 200, Portugal has seized 200 tons of cocaine,
05:46including approximately 47 tons to date in 2026,
05:50and we've done that in partnership with the Drug Enforcement Agency of the United States.
05:54And in addition, Portugal has been partnering with multiple countries in the Western Hemisphere
05:59to combat drug trafficking and transnational criminal drug organizations.
06:03So we applaud you and we thank you for your serious response to these threats to national security.
06:08We've been partners for a very long time, as you pointed out.
06:11Our consulate in Ponto Delgada has been there since 1795,
06:16and that makes it the oldest continuously operating American consulate in the world, in the world.
06:24So I look forward to future centuries of American-Portuguese collaboration as we create more secure,
06:31stronger transatlantic alliance, and foster a more prosperous future for our people.
06:38E agora, conforme acordado, vamos proceder às perguntas, onde cada um fará uma pergunta.
06:45Começamos pelos ministros americanos, Eric Martin de Blumberg,
06:50e depois Alex Rofglo de Radio Free Europe.
06:55Thank you, secretário.
06:57Obrigado, ministro.
06:58Oh, this guy.
06:59This guy always speaks the language of the country we're going to.
07:01Do you know português?
07:03Um pouquinho.
07:04Okay.
07:05Secretary Rubio, in the economic realm that you just mentioned,
07:08the U.S. has encouraged countries in the E.U. to work to reduce dependencies on China.
07:13I'm wondering if that's something that you discussed with Minister Rangel or Prime Minister Montenegro here in Lisbon
07:18or in the meetings with Greek officials this week.
07:21And do you and your European counterparts see the challenge differently?
07:25Uma pergunta para o ministro Rangel.
07:28A China teme...
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