the 2016 raise. and a news conference with president obama and the brazilian president. now we go to livingston high school in new jersey where chris christie went to school. he announces his candidacy for president. it is 30 minutes. ♪ governor christie: thank you. thank you, new jersey. thank you. thank you to livingston. [laughter]

governor christie: people have asked me over the course of the last week, why here? everything started for me. everything started here for me. the confidence, the education the friends, the family, and the love i have always felt foreign -- felt for and from this community when i decided to make this announcement. there was not any choice. i had to come home and livingston's home for me. [applause] governor christie: and i want to thank dear friend of my moms's and a wonderful representative of this town for welcoming us here today, she love. and i want to thank my friend when -- lynn.

this is, some of you may be confused. maybe you thought she was being booed by her high school classmates. she was not. for reasons i will not explain her nickname in high school was "the juice." hence it is not a boo, it is "the juice." thank you for being here. i am here because this is where my family raised me. you will hear a lot and have heard a lot about my mother and father. all of us know that for good and for bad, where we come from is from our parents so you heard sheila and lynn talk about my mom today. i am here because all those years ago, my mother and father became the first of either of their families to leave the city and come here and make their home. my mom's not here but i feel her and my dad is here with me today

and i am privileged to have him. [applause] governor christie: they raised my brother and i and brought us here to livingston when i was four years old and two years old and my sister joined us a few years later. this is where we grew up. these are the fields we played on. these are the playgrounds we played on. this is the school we built our friends with and came and learned with. up until i left to share a room with mary pat, i shared a room with todd the entire time. it was a smooth transition. and my sister and todd are as big a part today is anybody else and they are both here and i love them both.

thank you. everyone thinks i am the politician in the family. we did a coin flip when we got married. i got tales. i am the guy who ran but the politician just as good as me is the woman i met all those years ago at the university of delaware, from a family of 10 people. people say why aren't you shy in a crowd and i say you should see the family i have an married into. my wife has been indispensable part of everything i have done with my life over the last 30 years and she is largely responsible for the amazing people you see standing with her. [applause] governor christie: ever since i

have been governor i have been happy to use the veto at home. so far, so good. i have not been overridden there either. i am glad they are here today and for andrew and sarah and patrick and bridget, i could not be prouder of four children that -- and then -- than i am of them. i told you my parents moved to livingston and they moved to make this part of their fulfillment of their dream. of their version of the american dream. they both lost their fathers at a young age. they were raised by extraordinarily strong women. under really difficult circumstances, my dad, one of the best is in his high school class admitted to columbia

university because his father passed away. he could not go. they did not have the money. he went to work and he got drafted into the army and came home. and went to work at the breyers ice cream plant in new jersey and then decided after he met my mom that it was time for him to make more with his life and he went to school at night at -- for six years while working at those jobs during the day to get his degree in accounting and my mother, one of the proudest pictures she had is the one she called our first family picture. it was my mom and dad on the day he graduated from rutgers in june of 1962. the first person in either of the families to get a college degree and it was the first family picture because she was six months pregnant with me. the smiles on both their faces that they were indicative of not

what they had accomplished but what they saw coming ahead of them. their smiles were about the fact they thought that nothing was out of reach for them now. they had each other, they were building a family, they work together, and with the help of both of those strong women, they gave them $5,000 each, probably all the money they had in the world to put a down payment on a house in this town to give their children a chance to take the dream they have started to build and to make it even bigger and better. so i not only think about my mom and dad today, i think about my two grandmothers. women who raised children on their own, women who knew how to work hard and knew that hard work would deliver something for their children and i know that both of them are watching today and part of today is the

fulfillment of their dream, too. i am thinking about both of them. [applause] governor christie: one of the things my mother always used to say all the time was if you work hard enough, you can be anything. she said god has given you so many gifts. if you just work hard enough you can be anything. and that story is proof, it is proof parents who came from nearly nothing except for that hard work. parents who brought little to their marriage except for their love for each other and that hard work. and that hard work not only produced a great life for me and my brother and sister but think about how amazing this country is that one generation removed from the guy who was working on the floor of the plant at the breyers ice cream place, his son is the two-term governor of the state where he was born and raised.

[applause] governor christie: that is not only what my parents have done for me but that is what new jersey has done for us. this place that represents the most ethnically diverse state in the country, the most densely populated state in the country we are all different and we are on top of each other like you are on top of each other in this gym. [applause] [laughter] governor christie and what has : come from that is the absolute belief that not only can all achieve what we want to achieve because of the place we live and we have to do it together. we have no choice but to work

together. this country needs to work together again, not against each other. [applause] governor christie: when i became governor six years ago, we had a state that was in economic calamity and $11 billion deficit. a state that no longer believed that any one person could make a difference in the lives of the people so we rolled up our sleeves and we went to work and we balance this budget and we refused to raise taxes on the people of this state for six years. [applause] governor christie: we made the hard decisions that had to be made to improve our education system. we reformed tenure.

we made the difficult decisions to reform pensions and health benefits and continue that fight today. we have stood together against each and every person, every cynic who said why are you wasting your time, this state is not governable. we proved not only can you governor the state you can lead it to a better day and that is what we have done together. and now we face a country that is not angry. when i hear the media say that our country is angry i know they are wrong. i met people in every corner of america and they are not angry. americans are not angry. americans are filled with anxiety. because they look to washington, d.c. and they see a government that not only does not work anymore, it does not even talk to each other.

it does not pretend to try to work. we have a president who ignores the congress and the congress that ignores the president. we need a government that remembers you went there to work for us, not the other way around. [applause] governor christie: both parties have failed our country. both have stood in the corner and held their breath and waited to get their own way. both parties have led us to believe that in america, a country that was built on compromise that somehow compromise is a dirty word. if washington and adams believed compromise is a dirty word, we would still be under the crown of england. [applause]

givernor christie: and this dysfunction, this lack of leadership has led to an economy that is weak and has not recovered the way it should. it has led to an educational system that has the 27th in the industrialized world in math and 24th in science. it led us to weaker leadership around the world where our friends can no longer trust us and our adversaries do not fear us. this weakness and indecisiveness have sent a wave of anxiety through our country but i'm here to tell you that anxiety can be swept away by strong leadership and decisiveness to lead america again. we just need to have the courage to choose. we need the courage to stand up.

america knows what we need to go. it must start with this. we must tell each other the truth about the problems we have and the difficulty of the solution. if we tell each other the truth , we recognize that will lead to growth and opportunity for every american in this country. [applause] governor christie: those truths -- we have drug knowledge are -- the government is not working. we have to say it out loud and acknowledge it is the fault of our bickering leaders who no longer listen to us and no longer know that they are supposed to be serving us. we need to acknowledge that all of that anxiety and those failures are not the end, they

are the beginning. the beginning of what we can do together. what we need to decide is that we can make a difference. that we can stand up and make a difference in this country. that is why i love the job i have. that is why i love my job as governor. kids ask me all the time they ask me to questions, what is your favorite color, always. second, they always asked me what is your best part of your job? and i tell them i wake up knowing i have an opportunity to do something great. i do not do something great every day. i human but every morning i wake up with an opportunity to do something great.

that is why this job is a great job and that is why president of the united states is an even greater job for a greater number of people. [applause] governor christie: i have spent the last 13 years of my life as u.s. attorney and governor of the state fighting for fairness and justice and opportunity for the people of the state of new jersey. that has not made me more wary it has made me stronger and i am way to fight for the people of the united states of america. [applause] governor christie: america is tired of handwringing and indecisiveness and weakness in the oval office. we need to have strength and decision-making and authority back in the oval office and that is why today i am proud to announce my candidacy for the republican nomination for

president of the united states of america. [applause] governor christie: and now as livingston and new jersey turns its gaze to the rest of america today, what do we see and what do we have to confront? we need a campaign of ideas and hard truths and real opportunity for the american people. we need to fix a broken entitlement system that is bankrupting our country. we have candidates who said we cannot confront this because if we do we will be lying and stealing from the american people. the lying and stealing has already happened.

we have to get it back in and we can only do it by force. [applause] governor christie: we need to get our economy growing again at 4% or greater. we have to make this once again the country my mother and father told me it was. that as hard as you work, that is as high as you will rise. that is not the case anymore. we cannot look at our children and say that to them because we have an economy that is weak and does not present them with the same opportunities that mary pat and i were presented with in the mid-1980's when we graduated from college. when we graduated from college we did not worry about getting a job, we worried about picking which job was the best for us

create. we did not worry about if we were going to be successful. this country and its leadership does the same thing to my children and yours and i am ready to give it to you. [applause] governor christie: we need a tax system that is simplified and will put cpas that my dad out of -- like my dad out of this this. -- is maze. -- business. we need to get the government off the back of our people and businesses and encourage businesses to invest in america again. invest in our country and people. and in a world that is as dangerous, as frightening as any time i have seen it in my lifetime, there is only one indispensable force for good in the world. it is a strong, unequivocal america that will leave the

-- lead the world and not be afraid to tell our friends we will be with you know matter what and to tell our adversaries there are limits to your conduct and america will enforce limits to that conduct. [applause] governor christie: i heard the president say that the world respects america more because of his leadership. this convinces me, this is the final confirmation that president obama lives in his of -- owned a= world not in our world, and the fact is this. after seven years of a week and

feckless foreign policy run by barack obama we had to turn it over to his second mate, hillary clinton. [applause] governor christie: leadership matters. it matters for our country and american leadership matters for the world but if we are going to lead, we have to stop worrying about being loved and start caring about being respected again. i'm not running for president as a surrogate for elected prom king. i am not looking to be the most popular guy and tries to figure out what you want to hear, see it, and turn around and do something else.

when i stand up on a stage like this in front of you there is one thing you will know for sure. i mean what i say and i say what i mean and that is what america needs right now. [applause] governor christie: unlike some people who offer themselves for the presidency in 2016, you want up to wonder whether i can do it or not. in new jersey as governor, i stood up against economic calamity and a natural disaster. we are recovering from that national -- natural disaster because we have let and worked together to do it. -- lead and worked together.

i proved you can stand up and fight the most powerful special interest this date has to had an stand up and stop them but at the same time, reach across the aisle and say if you have a good idea i'm willing to work with you because that is what our country needs. as governor, i never wavered from telling you the truth as i see it. then acting to make sure you know that is the truth as i believe it in my heart. as a candidate for president, i want to promise you just a few things. first, a campaign without spin or pandering or focus group tested answers. you will get what i think whether you like it or not or whether it makes you cringe. the campaign when i am asked the question, i am going to give the

answer to the question that is asked, not the answer that my political consultants told me to give backstage. a campaign that every day will not worry about what is popular but what is right because what is right is what will fix america. not what is popular. a campaign that believes. that believes in an america that is as great as the hopes and dreams that we want everyone of our children to have. not a campaign that tears down but a campaign that rebuilds america to the place where you and i grew up and where we want our children to grow up again and where we want free people around the world to grow up in in their countries as well. that is what america has stood for and that is what this campaign will stand for. [applause]

governor christie: all the signs say telling it like it is but there is a reason for that. we're going to tell it like it is today so that we can create greater opportunity for every american tomorrow. the truth will set us free everybody. [applause] governor christie: all 52 years i've spent in this state with our people have prepared me for this moment. we have no idea where this journey ends but we know that it is only in this country, only in america where someone like me could have the opportunity to

seek the highest office the world has to offer. only in america could all of you believe that your voices and your efforts can make a difference to change a country as big and vast and powerful as this one. only in america have we seen time after time after time the truth of the words that one person can make a difference. the reason that is true is because it is the only thing that has ever made a difference in the history of the world.

one person reaching out to another to change their circumstance and to improve the lot of their children and grandchildren. i do not seek the presidency for any other reason than because i believe in my heart that i am ready to work with you, to restore america to its rightful place in the world and to restore the american dream to each one of our children whether they live in livingston or newark patterson, or jersey , city. no matter where they live, we need to make sure that everyone of those children believes they have a president who not only's -- only speaks to them but who hears them. and understands that their voices is what makes any american president great. if you give it a privilege to be your resident, i will wake up every day not only with my heart strong and my mind sharp, but with my ears open and my arms open. to welcome the american people

the matter what party, no matter what race or creed or color to make sure that you know that this is your country. we are going to win this election and i love each and every one of you. thank you very much. ♪ >> chris christie at is all moderate announcing his run for the presidency. he will be the 14th major republican candidate to announce he is running and we are opening

our foam went to your from you and your thoughts on chris christie and the republican race. so far, the race in general. here's is how to join our conversation. if you are calling from new jersey, we would love to hear from you. you can also join us on facebook . we will welcome your tweets also. the last governor of new jersey was a woodrow wilson to become president. i livingston high school, chris christie elected president of the student body. he was joined by his family on state. he may be heading to portland,

maine. a tweet from the boston globe. christie adjusted his schedule for the event in the morning. we will follow that and more announcements to begin. john kasich expected to be announcing in the coming weeks as well. let's go to our first color. -- caller. caller: i support governor bush 100%. i like his stance on immigration. ted kennedy made a comment on a talk show that the republican party is anti-minority. the republican party is not anti-immigrant. we are anti-illegal immigrant.

i don't like donald trump and i think he should get out of the race. what makes bush stand out among the other candidates that have announce? caller: particularly come his estate on immigration. host: aside from immigration. caller: i like is stand on abortion rights and lower taxes and traditional family values and he will certainly have my vote in november. that is my candidate. i really don't like donald trump. host: there is a line for new jersey colors. paul is in new jersey. you're on the air. caller: i'm always curious. a lot of republican nominees always talk about america being tough but they never really define what that means.

somehow -- are they talking about having a draft? mobilizing one million people and going to war? they are constantly talking about how obama is weak. host: that is the tone you picked up from governor christie's message today? caller: yes. he uses these words tough and strong and we have to be number one. in the row world what does that mean? tough? does he want to send his kids over and fight? it is not a very -- it sounds good but it does not have any real meaning about the reality. look at vietnam. caller: one view from new jersey. let's hear from a lane in colorado-- elaine in colorado. caller: hello. i just wanted to say that i support governor christie 100%.

i am so thankful that he decided to run. i have been praying for him. i am going to work as hard as i can to help them. i am very supportive of his strong stance and how he wants to make our country strong again and my husband and i, we both were born and raised in new jersey. i am a nurse and my husband is a doctor and we thank god for the wonderful education we both got in new jersey. host: where did you go to school? caller: i went to brick town high school. and my husband went to asberg park. i got it from ocean county and my husband is a doctor and we left new jersey in the 70's and

my husband went off to college in another state to get his doctorate. we are very successful, very thankful to god for what we got from new jersey and we are happy that governor christie is going to run. i believe we need a strong president that will handle the economy, get us out of debt. think about some of the issues we have in our country and i believe this is the man to do it. host: thank you. the new york times keeping track of who is running. the republican field the major at 14 and taking a look at them in the new york times. jeb bush, ted cruz, rand paul, marco rubio ben carson, george pataki, rick perry, lindsey graham, donald trump, chris

christie. in the next week, we will your from governor kasich of ohio and governor scott walker. four on the democrat side. hillary clinton, bernie sanders martin o'malley come and lincoln chafee --, and lincoln chafee. we are asking about chris christie and his announcement today. here is a line. nathaniel. caller: i just want to say -- i say chris christie is one of the best candidates in the republican field. host: why is that? caller: i think he is one of the best candidates in the republican field. i prefer rand paul and his libertarian ideals but chris christie -- he would not be a

bad president. better than all of the democrats and the rest of the republicans. a lot of people i have heard have been bringing up the bridge thing. it happened recently and i don't think he is really to blame for that. he made a mistake. he surrounded himself with the wrong type of people. people in like the western united states and the south come everywhere but new jersey, those people say he did such a bad thing but i have friends who work there and they say it is like that all the time. he is not really to blame. he handled that situation well but i don't know, i think he would be a very good commander-in-chief. host: appreciate your input. johnny is in arkansas on the independent line. caller: i like hillary the best

out of all of them. i guess you have to pick your pores and. -- poison. she talks more about the problems we have at home. it doesn't seem like chris christie spent a lot of time with that. host: a new jersey resident on the line. jo, welcome. caller: thank you for taking my call. i voted for christie twice but i still think we have a jobs problem in this state. we do have high taxes. i don't know if it is a more the legislature but i'm not too happy with him right now and i do like donald trump on his trade policies. i want to know where christie stands on that. that is all i have to say right now. host: we are taking your comments on twitter as well. this is from derek who says

chris christie wrecked new jersey and now he wants to wreck the country. we will love to hear from you. here is duane. caller: i just want to make a comment about his wife. i was watching it from a comedic perspective. i found she was smiling quite a bit throughout. i was wondering if anyone picked up on that. there was also the gentleman behind who thing and hollering throughout. i'm wondering if these are some hate actors -- paid actors. host: does that mean the message gets lost? you found it distracting or you can't really focus on what the candidate is saying? caller: i felt like he was just

pumping out some hot air and i was looking at the people in the crowd for a laugh or two. his message was kind of dribble. host: have you watched a lot of these announcements? caller: at this point, it feels like it is a revolving door. i am sick of all these jokers. they don't bring anything new to the table. host: here is al on the republican line. caller: i wanted to share that behind governor christie 100%. it is an answer to a prayer this country needs. we need to rent dedicated leadership after -- true and dedicated leadership after years of lack of leadership and for the first time since ronald reagan. the characteristics that appeal to me -- the hoas

reagan-esque qualities. are our allies on that around the world -- our allies who have been let down over the course of the last seven years need leadership in the white house they can turn to. host: what would be one of those qualities you mention? caller: i think it is the ability to come across as a leader of full he is not hesitant to tell it -- leader. he is not hesitant to tell it like it is. with as many problems as this country is facing, we need someone who will shoot straight with american public and i am excited.

to have a candidate of his caliber and i wish him well. host: a couple more minutes of your calls. chris christie becoming the first -- 14th major republican candidate to enter the race. south dakota. caller: i am voting for hillary clinton. i won't vote for anybody else. i worked for her last time when she came to south dakota in 2008. i loved every moment of it and i did it all for zero dollars. host: how strong do you think her support is in south decoder? caller: it was really good last time. if we hadn't had all of that trouble with obama, she would have one. -- won. host: let's hear from new jersey

now. clarence. caller: i just want to give you my opinion. i don't recommend governor christie running for president of the united states. he is not a leader. he failed this state. how can you go to the next level when you never fixed our deficit , the problems? you took money from the pension fund and invested it in the stock market and wall street. that is a low blow. you go to the dallas cowboys game, you take the helicopter to the baseball game at the taxpayers expense. do your math. he has done more bad than good. i don't see anything he has done good for this state so don't -- going to the next level -- i am

very heartbroken over that. he would never get my endorsement. it is just a waste of taxpayers expense. the only thing i can see him gaining from this is putting people to work in his campaign and paying them high salaries like he has as a governor. he increased his organizations pay by 20%. he gave them a 20% increase when he said there was no money but you can get 20% salary increase to your employees. that is outrageous. caller: thank you for that. one person in new jersey supporting the governor in one of his songs and a headline here. this goes back to the announcement of donald trump. the headline says bon jovi -- i absolutely gave chris christie

permission to use my songs. he got permission from the fellow new jersey native do use his songs during the campaign. -- to use his songs. a couple more calls back to new jersey. alberto. caller: i think anyone who would vote for chris christie after seeing what he has done in new jersey and watching his attitude actually -- he is an arrogant guy. they are looking for a parent, not a president. they want a father to tell them what to do and punish them for it. he has taken the pension money he is not in anything good for the state. he has been taking all his time. he has not been doing anything in new jersey. he has been traveling, all over.

caller: i am voting democrat. host: let's go to ohio. caller: i am a big fan of k-6. -- kasich. i think he has done an enormous amount of efforts to try and really improve the economic basis in our country and our state. i can see his platform at a national level. i would love to see him and somebody run with some power in the republican party. host: one more here.

florida. jeff. caller: thank you four haveu four have the name -- having an open forum. if chrissy cannot come forward and admit he had some wrongdoing in bridge gate, i don't think he should become president and he has no foreign policy and he cannot talk to leaders of other countries telling them to shut up the way he talks to other people. also trump is a joke and should not even be running. rubio has -- if you watched a video of him drinking that bottle of water and getting ready for that shot, and that

shot, he said he cannot handle even being in front of the camera. i cannot imagine what he would be like if he had to go to nuclear war. host: who do you like so far? caller: i like bernie sanders. he speaks how a lot of americans feel. of course it will come down to hillary. i would but to also make one more point. jeb bush -- i don't understand what he is thinking running because his brother destroyed our country and bankrupted it and i don't understand. he has no chance whatsoever because his family is nothing but thieves. they are very bad people for the country. host: we will let you go there. more tomorrow morning on

washington journal beginning at 7:00 a.m. eastern. also, the president making an announcement at 11:00 eastern we will cover. the u.s. and cuba are establishing diplomatic relations and we will have that blood for you. -- live for you. after the meeting at the white house this morning they spoke with reporters on a wide range of issues including the nuclear negotiations and u.s.-brazil relations. >> ladies and gentlemen, the president of the united states

and the president of the federal republic of brazil. president obama: please have a seat. good afternoon. it is a great pleasure to welcome my partner and friend back to the white house. this is another opportunity for me to reciprocate some of the extraordinary hospitality the people of brazil showed me and my family when we visited. i want to go back. i did not get the chance to experience. the vice president got to go to the world cup and not me. the eyes of the world will be on brazil again when they host the olympics next year and that will be another reminder of their

remarkable rise on the world stage. as president, i pursued a new era of engagement with latin america where our countries worked together as equal partners based on mutual interest and mutual respect. as we saw at the recent summit of the americas, the u.s. is more deeply in gauge in the region that we had in decades. i believe the relationship between the u.s. and latin america is as good as it has ever been. we are focused on the future what we can conflict together. a cornerstone of our engagement is a strong partnership with brazil. i believe our two nations are natural partners in the americas and around the world. as two of the largest democracies, we understand the aspirations of citizens to live in freedom. the sacrifices you have made in your own life are a testament to that determination.

as to multiracial societies, we know countries are stronger when they uphold the rights of all people, a truth we reflected on yesterday when we visited the memorial to dr. martin luther king jr.. as two of the world's largest economies, we understand lasting prosperity and confronting the injustices of poverty and inequality can only come when we truly invest in our people their education, their skills ability to work and live with dignity. these are enduring interests and values that bind us together. now, no relationship between countries is without disagreements. the u.s. and brazil are no different. it is often tempting to focus on whatever challenges may be in the moment but in steps that often don't make the headlines the work of our nations has gone on. over the years, we have deepened

ties between our countries. we partner on global challenges to advancing development. since i took office, we have boosted american exports by more than 50%. our bilateral trade has reached record levels. we have expanded collaborations in science and technology and the ties between our people especially our young people. it is part of our 100,000 strong of students to come to the u.s. and more americans go to brazil. that is real concrete progress we have made together. of course, we believe how given our national interests and values aligned, there is much more the u.s. and brazil can be doing together. i want to thank you for your commitment to taking the partnership between our countries to the next level. that is what we have done today across a range of areas. we are announcing a series of

new steps to boost trade and investment. with the recent announcement on infrastructure, american companies will have more opportunities to compete. we will make it easier and more affordable for companies to hire workers in each other's countries. we will do more to help our small and medium businesses connect and collaborate and export. as leaders in science and technology, we agreed to increase partnerships between our colleges as we develop the next generation. as major economies, we will continue to lead in the fight against climate change. since 2005, our nations have reduced carbon omissions more than any other countries in the world. and brazil, this includes very impressive efforts over the past decade to combat deforestation including in the amazon.

together our countries are leaders in clean energy. today, we are important new steps as we work toward a strong global climate agreement. i thank our friends for previewing elements of their post 2020 targets for reducing emissions, including substantial new goals to eliminate illegal deforestation and restore forests. both our nations are resetting goals on energy. the u.s. and brazil will aim to increase the share of electricity we generate from innumerable energy to 20% by the year 2030. these are very ambitious goals. a near tripling for the u.s. and more than double for brazil. following progress, this shows the world's major economies can begin to transcend some of the old divides and work together to confront some of the common challenges we face.

something we have to work on for future generations and i'm confident this will lead to a strong outcome in paris. we are working to deepen our defense cooperation. two important agreements were approved by brazil's congress last week and are now in effect. going forward, it will be easier for our military to train together, to share information and technology at cooperate with missions like disaster responses and peacekeeping. i want to thank you for making this progress. we're working together to uphold democracy and human rights across latin america. i appreciate brazil's strong support for our new opening for cuba. i updated her on our progress including our work to open embassies in havana and washington. i believe brazil's leadership in the region as well as its own journey to democracy and a market economy can make an important partner as we work to

create more opportunities and prosperity for the cuban people. in short, i believe this visit marks one more step in a new more ambitious chapter in the relationship between our countries. you are focused on the future. thank you for your friendship, partnership, and the progress we achieved together. as we look ahead to the olympics, we will be cheering probably for team usa. we will all be rooting for truly great games with brazil as our host. she did give me a very nice yellow and green sweatshirt. [laughter] president obama: it says brazil on the back. i cannot wear that in public. [laughter] president obama: because i have to root for the usa but at home at night, it is very comfortable so who knows? i might slip it on. thank you.

>> greetings likewise to all cabinet ministers attending the delegations. greetings to all members photographers, cameramen and woman. i will bug you think the president as well as the u.s. people for the hospitality with which they have welcomed me ever since i got here. and ever since i came to the u.s. through new york this morning. the president and i have had fruitful meetings which we have celebrated an upward trajectory in our relations. we have also established a robust bilateral agenda in areas such as trade investment, climate change, energy

education, defense, science, technology, and innovation. we have reinforced our dialogue on topics of the international agenda such as the environment and sustainable development. factors that are indeed key and essential for the world. we also focused on economic government and security. the economic recovery of the united states is an extremely positive for the world economy and for the brazilian economy. our bilateral trade is very substantial and is based on higher value products. we want to further expand exchanges. here are challenge consists in doubling our trade within one decade. the ultimate objective consists in building the conditions to make an addition trade relationship between brazil and

the united states. we should remove -- we should do away with the very complicated permits and restrictions and we would like the high quality process and brazil to be duly acknowledged. our priority agenda will focus on two topics as we wish. number one, regulatory standards . number two, trade facilitation through a single window system to streamline the timeframe involved in procedures. we will but to cooperate with the u.s. patent office. it is a matter that involves intellectual property. they are positive impacts by means of investment as we expand

the degree of technology incorporated into brazil. the u.s. is the main foreign investor in brazil in 2013. the total investments came brazilian investments in the u.s. have grown. the aggregate amount came to $15.7 billion. this does not represent the order of magnitude of these investments. it is important to indicate that between 2007 and 2012, the growth of direct investments by brazil in the u.s. came to 201%. we want to further expand trade flows and want them to be