so i will definitely tell you that quite clearly i believe that france and europe are active and it's actually time to talk about a change because in the recent years we already saw it because of what happened in the past congress to put in is very much right because it is impossible to have any call for asian if there is no you should know usual trust me so we're trying to protect what we're kind of trying to do but i cannot protect the french companies. often. traded in the american exchanges in case americans are making decisions in this spot as the iranian sanctions i can sign and doctors so i'm saying you know you're on is not true you're acting. correctly. can i begin to tell them that i'm going to protect you and safeguard you but tautologies and costs and i'm going to use the taxpayers' money in order to compensate all of that also is that talked about in my sustain it is improper to gears tank spend money like that so one shouldn't consider this particular project so these companies because their stock

is being traded globally and they brought it was an american market they themselves need to work come up with their own choice i'm not have they seen executives of totality noire advice to any other company that may be affected so this company is sure to gauge the potential iranian market and what kind of respect may face in the american market and that doesn't apply to actually but something that we organize every time what we do every time is that we need to work with other companies and identify the ways to finance all those as it is. i think this ignition of this treaty shrewd to find the industrial to go to financial instruments in order for the industrial. north to be. dotted for example look at the top total signed an agreement with the chinese part and since they are present in the american market and. i mean they're trying his

partner is not a person has all they had to do with actually the chinese market about the chinese company not president about a market so it means that we maintain our obligation. as was written within the russian treaty but that reflects the true state of things so i can't say that to give up on the present american market so certain you know the consequences on any conversations this is not about trying to help the chinese companies that. definitely can't enjoy korea thank you iran deal you tried to persuade him not to quit the climate deal not to start a trade war not to move the embassy in israel to jerusalem you tried to all these things you tried a softly softly approach and it has not worked do you now think you should do with from mr trump in a much harder way. g.c. . i married an attorney i tried i continuously work from time to make we

think goes down trees my responsibilities come of it considering that he's the leader of conference office and i believe that i would have been reprimanded if i wouldn't put all my annecy it into trying to avoid the political analysts and then i believe on the fully in the french or the policy way creators of based on the independents and much of the city understand quite well there are are off things that are really tired very closely with the united states as severely and as far as the form of security is concerned and i indeed enjoy these close relationships very much but there are certain topics where we do not see eye to eye with each other we don't know stick to the very same position all the time there is also friendship in which you move thanks to our history and politics but there are certain things as well that we just agree with for example as far as the climate debate that i'm sorry i wasn't able to convince president trying not to be program because he made this promise during his election campaign but i do believe that the collective

mobilization year. we try to cobble together and in this sense i would like to extend my career to to china and present the same pain if you found the need to practice and we were able to do such a great show that nobody else was you know gave up on this agreement and the speed of the recognition crosses so that the international president trying to simply last girl out on his that because he couldn't do anything in a sense that nobody you follow him in what he was trying to do so we need to really ask hold our commitments and i may say that we are on the air to reaching out to the level that we need to because where no one should patiently and quickly reduce the c o two emissions act that is already our responsibility a low end result will never be just a second point jerusalem openly stated that that was and iran his decision i don't think that we need to destabilize ukraine in that region which is relying upon that he clearly set forth principle and there's certain. this is about and this is i

know. this whole lead story. through today being two states because sponsors always have been a tearing through one should never forget about the people living there and we need to continue on the ice here phantoms and have to be two states which want to have its own capital see it is the voters which will be recognized and which could exist in peace so the vision to move the embassy it was not a very correct one not very desirable and where do regrets what it was happened we do remember the kind of events which occurred after the embassy was you know hearings we were in jerusalem. and we understand that this has brought about a full ask a nation of various activities all or certainly in a sense hamas is also should be held responsible if they followed like to welcome us to a president abbas's. in effect a resolute decision several dozens of people died because of the conflicts.

with hamas involvement and then i knew that neither could convince a president romney with respect to iran but in any case i tried to convince him and i was standing by i wish i was saying that we've signed this treaty physically fit within the multilateral framework and i'm as we leave this particular approach allows for a certain openness and restraint from acknowledge. this really here we're talking about the kind of openness whereby we can try and move towards a different set of terms in a treaty and i believe the present right gave up on the princeton treaty because it was signed by his predecessor i mean it was bad in its heyday understanding by default but now it seems to me that we are enjoying. support and we are setting up a coalition and i believe that we will be able to set forth the kind of conditions whereby they will be ok it will improper ask a bank and president putin. he reminded us all about it when he was speaking about

the visit but it gives you know by the really prime minister to russia and so now we need to further continue our discussion on the road in order to convince united states to grant really go back into this discussion because all this frankly huge baron's apparently not because we're giving up on the project twenty fifty but because we are responding to a very legitimate concern on the part of israel a saudi around here in. true larger extent we're thinking about the need to stabilize the situation the whole region and i believe that the kind of dialogue that i had with president bush plan really nationally but it was also very useful because it enabled to open not for this particular future than it was to move forward because it's very important related to try and convince there is french on the one hand there is in the line on the other hand which is necessary is one we need to combat terrorism and in this agreement and i shall continue this work

because that is my future and press present why should you we have the issue thank you you can now run for president of russia as well the prime minister and vice president. we had the issue of america north korea in the talks yesterday donald trump said the talks were off and now some rumors were he says maybe they could come back on i wanted to ask both of you who used taught was more to blame. for the fact that the talks may not go ahead is that north korea or is it. donald trump for falling back i wonder vice president premier why she surely if i can come to you first china has always been an esteemed ally i think ally of north korea do you think they are more to play in this time.

michael right now. just so not that at all. it kind of has for some pushing north korea. for us it was an event we were looking forward to michael to become part of this is the task given. and the u.n. security council resolution calmed them. up again dealings ballistic missile all these. weapons have to be effectively open elimination and that was the main go. between the u.s. and north korea. and through. the summer speeded up we got out to

my fans the resolution of this issue has had as i said when i talk of. north korea that you have this issue forced to do so parents many japanese was around thirteen years disappear they were kidnapped and a two thousand and two. earned. my money that was recognized as such fact the fact of kidnapping of japanese. and there's. going to have to be. given a comprehensive resolution so more. dialogue for the sake of a dialogue is pointless and needs. actions. and on top of that this was the path we were following. but yes there were many. people that were happy but asked for a summit with the north korea and the u.s.

i think in future we have to do everything with so was to ensure such as. korea to us. and. bases that are filed up have to be resolved just. a bit to. published a statement. which they hear what you're saying but i just never thought of that but it is it's just so he'll try to find an opportunity to organize such a summit between the two countries. to. use others also force together such countries as the permanent members of the un security council. and the other members of the un security council one of them to work together so that. they would implemented a un resolution to forward north korea to do that as well the most important thing

as you continue with our efforts to get us here so you see a little bit you could never know what the north korea but i should be able to take food action. because it would get it it would all start. yes and it will commonly but concrete actions will be mainly just. by all the participants of the process including by north korea as for sanctions. they do the job there is a trend trying to to find people but he does support what you do get a way out of sanctions because it's the right to do to. do that and japan is trying to counter that i do have we do to be honest these efforts to have an approach from china's side about an answer to this problem.

while i do chair. the show before coming here. when i watched television and the internet i saw so many is saying that representatives of the chinese foreign ministry. have expressed the position of the chinese government and the council ation of a summit between north korea and the u.s. . would be well you asked this question and i have to tell you that the north of the nuclear issue of the korean peninsula has a bearing on. china has interests china hopes for peace and stability in the korean peninsula shot gun. under no circumstances should we allow a war. to happen. in this peninsula.

that is why we should promote the process. denuclearization of the korean peninsula and we are here to very determined decisive position on that matter yes. yes. i read the news. i should i. knew. despite the statement of president. the statement of north korea. both sides still leave some money for discussion so i'm confident that peace and stability in the korean peninsula. have to be maintained. between north korea and the u.s. right now john the charge. as some aid is needed. was.

she the big so. i often believe. the best result you've got to wage war for a long time but in order to settle this issue you believe we have to be full of hope and on and on. and. prayer is about the theme of this forum madame lagarde in a second but you have any advice to the world in terms of how to deal with president trump because you were somebody who was. associated with the election of president truman and yes you look and see what has happened there are many people here on the sanctions. he is just withdrawn from their own deal there are doubts about the north korean deal what do you think you have got from the relationship with them the same question that i asked. mr michel.

well he's in. the company i was not connected to the. electoral campaign. movement we could certainly we cannot be satisfied with the current level and the nature of the american russian relationship and we're willing to engage and there's dialogue but mr trump has suggested that a separate meeting should be have saved or didn't manage to work it out. because many issues are popping up but willing to have this conversation a substantial one i think it's high time we engage them that we need to. approach like that on the many domains. but has expressed a concern about a new arms race and i concur with him fully the measures that we are talking about north korea iran they don't bring us together but that is another reason to talk

about these matters. because i know well. has said that europe and the united states have mutual obligations europe is dependent on the u.s. in terms of security but one shouldn't be alarmed it will help if you will help ensure the security. and in any case i'm going to do everything in our power so as to avoid any new threats. i think this is the avenue we should be pursuing that's the first thing secondly would you . please of the front. end of this. question with president. of france was. lost because he pulled out from the iranian deal i don't think he lost. thirst foremost he is just doing good on

his electoral promises and in that sense. domestically but shit this deal be demolished. for good than many it will stand to lose and we have to do everything so as to avoid the crumbling of this iranian nuclear deal if you will transfer that and we have to work with all the participants of the process primarily with the united states of america that is why is that i'm going to reveal some circus to you how was this deal prepared it was mostly dialogue between the u.s. and iran and all the other participants of the process were simply to just in the course brush include. me to do a lot of those kind where did that very often so as to secure iran's interest i'm not going to do hide but at the end everyone i arrived at a common denominator after some when you are going to have bilateral talks between

iran and the united states of america. much of this. despite all the difficulties it seems to countries did manage to come to an agreement and right now the president of the u.s. doesn't go shut the door talks only says that he is dissatisfied with many things. but he does not rule out any agreement. most of the little bit of the room but this is has to be a two way street. so one shouldn't look to sickening paint too gloomy picture you just overly if we want to preserve something. got to leave the door open to negotiation process and the final result and i think all is not lost yet. but if you just really be gritty. i'd like to

say. that as for the iranian deal you know i'm not saying that. last i talked about the paris climate deal. i said that you couldn't threaten this agreement at the international level. i am just talking about the consequences but it is our game and as for security it matters i'd like to assure you that i am not afraid at all because france has troops is fully capable of protecting the country but i have got some plans obligations commitments with regard to our european allies i believe the current texture of european security and i've just talked about as scenario our responsibility anyway when our games we turn our backs on one another and we couldn't if interest here to the detriment of others and that

is how we should act i think i'm not afraid. i'd like to express my responsibility and make good on it. i should know with them well yes certainly one should be creative afraid of p.c.'s the practice is there we are talking about iran all the same but there was the practice of the us sanctions used against european economic operators we saw an example of nine billion so i think perry by a french bank a bank they were fined for breach you know sanctions and they had no choice but to pay up. i think the same happened to japanese by. this is something we have to put an end to because that is unacceptable that is what i'm talking about. and should this practice continue that nothing good will come out of . the. undermines the current world always ready for you to go and we've got to

agree with our american counterparts on some issues that you know which join. us again because that is very important because that what underlies our current discussion we trust that if it's either there or not if there is no trust then nothing good will come out of there and as i said when i spoke about trying the element of force nothing will be left in international affairs and that will result in tragedy. that i share your point of view who really could give everything here. financial issues economic matters all there is no doubt about that is something i also spoke about we've got to build a stable a useful world order. that will rest on multilateral. sovereignty and sovereignty presupposes respect for the interests of citizens and companies who are dependent on their country and in that sense we can fully and we have to have the necessary

tools and that is something we've got to reach an agreement with with the u.s. . so since you don't. want. those something i'd like to say i want you to ensure i was so very last here and one of the decisions i made once i entered into office was to that end. and ask for security if there is no suspicion there at all we have common is tree we have the collective system of defense and security that is very important for europe and for the u.s. and i think that mistake that was made over the last two decades that consisted in the fact that through nato we didn't manage to make good on. the commitments that we. under to them and the second i like was not very just and we didn't show enough. trust would try to rush or it could count

we all midfielder seventy could i have to tell you the truth the difference it was secure here and that's what my coming here. in terms of financial economics of trade and security the e.u. france and russia have. a new architecture it with virtual help us advance and an atmosphere of interest and we shouldn't confuse these two matters but i was doing this because we could. president putin something president putin if you look at this if you look around this room there are you would seem to be evidence sanctions do not work but everyone i meet here is b. to sanctions in some way and yet russian business continues to thrive. do sanctions still have any effect at all. it was mostly to me she would be the last look today we. were talking about sports betting

that when my good friend mr minister is still sufficient he imagines between russia and japan you're going to think i'm going to. play against each other in the. final just mentioned it would lose that is going to be a totally bad thing that happens on imaginable but it's not all about this thing is that the kind of an environment is evolving into. where everyone is playing football the same time who do they are applying your. troops with if you have very interesting game comes out of it it's not a football no it. is just a case. that you should use the latter is where we're going and that there is something that we're very concerned that he needs really not about the results of this whole quote sanctions and distinction being applied. and the fact that the people here who feel water to understand what it is they encounter war that is the

problem majority of them is here because for sectional club. just baton is being applied more and more often and not only true with respect to russia now is it good or bad can be overcome and well certainly the russian economy is evidently stable despite the triple or double shocks related to the price decline on our traditional x. sports staples are met and it was the matter of those chemicals the chemicals the sexual pressure on top of it so it all came upon us sometimes people who were able to present. and past greed and to a certain extent were able to strengthen our economy and i'm very grateful to christine she's pacific you know describe what should be considered a positive thing in the development of the russian economy i ate the market comic component we keep the. anyway. everybody sustains losses but secondly that. contains things because the

restrictions are. the ability to develop because our company is not able to enjoy it for lending internationally so. that leads to certain restrictions after a certain stage then a breakthrough is taking place ways of resolving the problems of found each and everybody comes into play so in the end of the day this particular policy doesn't carry any sense not economic nor political nor military one as far as the military is concerned as i mentioned great one of the reasons behind the attempts to curtail russia not to allow russia to develop the first ecologists but very soon we were able to demonstrate that we were able to really take over many of our partners in these defense technologies despite the sanctions so. this is senseless and it's quite a tremendous at the same time you allow me to jump in. i just would like to make

one point and it's certainly not for me to have an opinion on what is national security and the leaders here are much better at that. but when we decide to rebuild reorganize redefine the architecture of the international order and the military lateral ism i think we need to be really careful as to the transparency and the actual impact because while we are referring to decisions that have been made by mr trump recently the ambiguity that is embedded in the u.s. national law system has actually affected many companies that are represented here . even when the united states and its allies decided to lift the sanctions on iran many companies here in this room. did not do business with iran or they used some very funny financial circuits involving some strange banks sometimes in order to do business with iran simply because the u.s.

legal system and judiciary system is such so committed and. obscure constructively for the u.s. interest that there is no confidence even though the sanctions had been lifted so i think in rebuilding and redesigning the actual impact at home domestically in the various countries that are party to those agreements really need to be clarified and that applies to the sanctions that have been decided against some russian individuals as well where there is great uncertainty as to whether or not they are targeted themselves shareholding in companies the companies themselves some holdings large territories of their corporate empire so that is a real issue of confidence that is simply not there and needs to be addressed and i can i change the subject a bit with you towards the broader subject of global trade which you discussed and

we have had a great deal of criticism of america on this panel on many different issues you know lateral ones where it does seem to take a unilateral approach but the other side of the trade dispute of the biggest trade dispute at the moment is china you have the vice president sitting next door to you what do you think china should do to open up its markets to america and where do you think it should play its part in that this is ago. first of all you know trade has been good to china and trade has been good to many other countries as well in improving. living standards in lifting people out of poverty and in acting as a driver for growth and trade is a driver for growth around the world and has been now after ten years of depressed growth and depressed trade.