Secretarygeneral. The post ban kimoon will leave at the end of the year. Welcome. Thank you for having me. Charlie we are fortunate to have you here. You have said some interesting things. Your country has always had a kind of interesting journey, sometimes arduous, sometimes disappointing. I want to get a sense of where you think argentina is today. We will talk about the yuan as well. About thee going you and as well. You will be going around the world. You said, it is clear what we have to do today is show the world argentina is trustworthy, and we have become a partner that can be talked with an part even angterm project, historically there may be proof we have not always behaved the way we should. I have said that. Charlie a candid statement. I stand by that. Anyink that as with relationship between people, it is also true between countries. That trustworthiness. The notion of the value of your word. Has been part of the problem historically, going from one view to the other one, which tensions increated our relationship with the world. You dont change things overnight. Charlie there was an interesting thing. It sent the following, im paraphrasing it said, is a rockabilly it is because saddam is the way he is, or is saddam the way he is because iraq is the way it is . You could say, has argentina had the leadership it had had because of argentina, or is argentina the way it is because of the leadership . I do believe leadership has an effect. Theink leadership shapes agenda. That was the case probably more so in the 20th century. Unow the dynamics are a bit different. I think argentina had a very strong populist history. It sent the tone for the way we are, the culture we have, the how we behave and how we stand before the rest of the world. Sometimes we dont our viewsur feet, and the strong enough, because of this populist approach we have had. Charlie how do you become foreign minister . You should ask the president. [laughter] charlie i assume he told you. He did not. He said people talked to him about me. We knew each other from my time in the private sector. One day in october i got a phone call. You,id, susana, how are congratulations. It was between the first and second round. He said, i want you to be my foreign minister. He caught me by surprise. Cannot deny the fact that you called me really surprised me. I would like to have a teteatete with you. Did you tell ban kimoon that you are going to talk . Minister malcorra yes, the only one who knew, who by the way, said do it. I met with the then candidate. The next day, he became the president elect. Two days later, i said yes. I week later i was in when osiris. Charlie that has to be asked a week later i was in buenos aires. In buenoslater i was aires. Charlie that has to be interesting. And exciting. All of us loved where we were wrong, that is something that is the connection between person and land and to be able to serve. That is a wonderful opportunity. Minister malcorra it is. For me, there was sort of a homework in my life. I was at university during the dictatorship. I was active in politics. At that time, you disappeared, all you left or you left. There was always something pending, that i had to serve my country. I was very happy with what i was doing in the United Nations. Going back to politics was not an option. Im out of that. This was a way to leverage my experience and really add value to projects, that hopefully will restart argentina in a mature way, and relations with the rest of the world. Charlie lets start with the united states. What is the relation ship . Minister malcorra it is excellent. It used to be we were talking about carnal relations. It is not carnal, it is mature. The u. S. Has an interest, we have ours. We find a common base and discuss things we should, because there are opportunities. Charlie what are those opportunities . Clearly, incorra everything that has to do with trade, we can offer things to the u. S. , a large market that is very interested. Our capacity to create jobs, which is one of our themes. But investments are also a huge opportunity. We are going with a very important Infrastructure Renewables and parts. All the things the u. S. Is good at, meaning the private sector in the u. S. There is everything to win. Issues aboutof the argentina, other than the economic issues, which were always there, is its relationships and who it seems to like the most. You take venezuela. Iran,ke cuba, you take the list goes down. Was that just a part of one regime, or does it represent something we should understand . Minister malcorra first of all, i believe one should relate to everybody, except for very few exceptions that dont comply with the basic principles of human rights. Charlie rule of law. Minister malcorra rule of law. Except for that, one should be able to relate with everybody. I think historically, argentina comes from what used to be known that confrontation between east and west, and of finding the center space. There was always some of that. Are trying what we to say, and i said that from the very first day i arrived in office, we have to have external relations that are state policy, and not ideological, that are based on the priorities and needs and interests of the country. So you sit and discuss on equal footing, based on that. You are very respectful of the disagreements you will have with the other. That is the other thing about argentina. Typically, we focus there is a 8020 relationship that always comes on. We agree on 80 and disagree on 20 . We always focus on the 20 . We need to focus on 80 . Some remaining that you dont agree on, and that is fine. Charlie what do you want the u. S. To do . Minister malcorra i think the u. S. Is an important partner. , tortant for the government convey the message that they feel comfortable, that from the general policy perspective, we are doing things in the right the but essentially to have Business Community interested in argentina. For that, we have to work hard. Charlie your neighbor, brazil, is having its problems. How does that affect argentina . Minister malcorra deeply. First of all, we are part of a common market. We are neighbors, strong neighbors. Brazil is not any neighbor, it is a huge country. It is one of the most important countries in the world, no doubt. Our trade, 40 of our trade, is with brazil. Say for example, in the first quarter, the trade with brazil fell 30 . 12 of your trade is gone off the table. Not only affecting politically, socially, it also affects economically. For us to have a strong yield, that goes through this process, not only making sure that it follows due process and arrives to the place where institutions us. Preserved, is key for we need brazil to be successful. Charlie what is necessary for brazil to be successful . Minister malcorra this is a very interesting question, charlie. Im on the phone with my andeagues in buenos aires, things change minute by minute. I think the brazilians are trying to find a way within the institutions to sort out the impeachment question. I believe they will find a solution. I think brazil will come out stronger. I cannot say exactly how. There is a mature leadership in brazil, and i think they are discussing the options. The problem is how long it takes. Essentially, 2016 will be lost, whichever way they take. To lose one whole year for a country or a region is a lot. Charlie some people have saidcharlie , the corruption talk has been there, and has been much discussed. Others say it is a soft coup. Minister malcorra when you look at the merit of the case that the president is being evaluated on, there is not a very strong case. I think you cannot challenge the legality of the process. You can insert of ask about the legitimacy of the process. That would make people feel a little uncomfortable. In the end, they are talking about how you use different lines of budget in the government. If you were to pursue any president for those reasons, probably most of the president s would be impeached in the world. Politicallythat is driven . But it is also true, institutions are working based on a certain procedure. Know the line, not to walk too far in your conclusions, and hope they are able to sort it out. Charlie when you proceed on this trip you are taking, what is your message to other countries about the Foreign Policy of argentina . Or the administration of the new president . Essentially,orra it is that we are open to the world, we want to be part of the world. We deeply believe that being integrated to the world is an opportunity, not a threat. Which is a Major Department departure, philosophical the pressure. I believe this very much coming from where i come,. Charlie of course. What did the other Administration Believe . Minister malcorra they felt that essentially, there were certain parts of the world that rest areh it, and the necessarily not to be considered. I think the world is the world as one. Then you can take and choose where you invest. That itself is always a twoway street. You are also picked and chose and also. All the dynamics of sitting at the table to talk, and say, these are my interests and these are yours, is there anyway we can have a common perspective. Here . That is an excellent exercise, and that is what we are trying to do to drive what the president has assigned as the first priority, to drive poverty down, which you only do it you create jobs. Charlie that is the attractive objective . Minister malcorra yes. Elimination of poverty, fight against narco trafficking and the union, of the argentinians under, institutions that are solid rule of law. Those are his priorities. Those priorities drive my agenda as foreign minister. Charlie what could go wrong . Youhave a new president , have a very experienced foreign minister. You have a sense of mission. What could go wrong . What do you worry about . Minister malcorra interesting you ask. The one thing that is happening not only in argentina, i would argue it happens in the region and many other places in the world. He is the president , but he has congress where he has a minority. What people have told politicians is, now you sorted out. Put in on the mess. Way, wherenegotiated nobody has consolidated power. And then, traditionally, governors that were left out of the picture, were left out of the joystick because they were the ones who calibrate, or the congress is on issues. The beauty of the situation is we are moving out of a very strong president ial system, very centralized very dependent on one person, to a much more consensus building system. But you need to go to the exercise, and that is not easy. Many things could go wrong. My sense is the argentinians have given a clear sense of we are sick and tired, six it. F ix it. To governors are very close the president in a sense of need to deliver in the end. , politics become something about doing things for the people. I think the chances are very igh that it will go well. Charlie how important was president obamas reestablishing of relationships with cuba . Minister malcorra very important. Very important. Charlie they were desperately waiting to see this. Minister malcorra you know, when president obama was job, i had themy opportunity to meet a lot of people close to him and himself,. They asked me, what would be the thing you ask president obama to do . I said, without any doubt, reestablish relations with cuba. First, because it was a nonsensical situation. Whatever happened historically happened many years ago, and things have changed. It proved to do nothing. Why continue to do Something Like that . Third, it alienated the whole of the backyard with of the u. S. With latin america. It was one of those things i saw as a win, easy win. I think the president did an excellent job moving ahead. Charlie what is going to happen in venezuela . Minister malcorra we are working very closely. On thursday there was a special session requested. In thela is a place middle of a serious crisis, of multiple levels. Enough,l, interestingly you have the executive still in the hands of the bolivar in bolivarian regime, but it has full control. How do you make them Work Together . How do you make the opposition bring a project forward, but reconcile and find a common perspective . Then you have clearly an economic crisis that is driven by the cost of allele, the cost the cost off oil, commodities going down. Then you have additional crisis, the lack of basic goods into the market, so people do not have medicine. And now, they are shutting power down. It is a very explosive situation. My view is we need to try and help both sides of the aisle, and the vatican is involved in now, trying to see whether we can be helpful in them coming to a conversation. Finally, the United Nations and the secretarygeneral job, would you like it . Itster malcorra simplistic to say what i like it, it is complex. I love that organization. Ago,u told me 14, 13 years you would be involved in the u. N. , i would have told you, what . But then i came in and i discovered there is an incredible, amazing construction, very difficult to put your arms around, but it is there in moments when no one else is there. I care about it and i think i could add value to the organization,. But that is something in the hands of my president. Charlie your president , or . Minister malcorra the recommendation comes from the government. It is the president who should decide whether he feels this is good for the country, and move. Charlie let me ask you this. Do you think there is a sense in the global community, that it is time a woman is at the head of the United Nations . Minister malcorra there is a it sense that there is is time for a woman. There was another sense that it was time for Eastern Europe to have it. I think the fact that they are talking about a woman is that it brings my name to the forefront. That america felt strongly it was Eastern Europe, that ok. D be but the minute it is not Eastern Europe, we had only one secretarygeneral where we stand as a region, so we shall see. Charlie we shall see. It is great to have you here. Minister malcorra thank you, charlie. Charlie the foreign minister of argentina. Back in a moment. Stay with us. Charlie for decades, Virtual Reality has been the great technological frontier. What might it be like to spend an afternoon on the moon . Or experience a war zone from your couch . To live in the past as if it were the present . Now, the technology is catching up to the ideas. In 2014, facebook bought oculus billion. After the purchase, Mark Zuckerberg said Virtual Reality is the next platform. Anyone create can create an expense anything they want after oculus, an entire industry. It is an industry estimated to be worth 150 billion in the next four years. Currently, Virtual Reality technology is being used to improve journalism journalism, health care, and engineering. There are ethical considerations to be made, and the technology is in the early stages. Reality looks finally ready to go to go mainstream. Joining me is the editorinchief of New York Times magazine. Onalso have a Reporter Technology in Silicon Valley. And thee guardian ceo and cofounder of weaver, they Virtual Reality studio and distributor. And the ceo of a virtualreality storytelling company. I am pleased to have each of them to understand what virtualreality is about and where it may be going. Tell me where you think it is . Where it is. An environment using Camera Technology that is able to create a full spherical field of imagery, and also a sonic field as well, that gives you the impression of being in a location. Being in the midst of a scene, being in a location obviously different from the one you are in far away. It has gotten to the point after many years where the fidelity to real experience is so great, it can trick the viewer and trick the mind into believing it is almost a real experience. It has gotten to that level of fidelity where we can do special things. Charlie where is it being used today . Minister malcorra a huge variety of applications. A huge variety of applications. It is in entertainment, obviously videogames is a major application. Also, health care, engineering, military has been using it for years. There are quite a few applications. Zuckerbergen mark says it is the next platform, is he right . I think so. Charlie that is why he bought oculus rift. If it works, it takes over your senses. Right now, we are working on the eyes. Once you have taken over somebodys eyes and i believe you experienced it last night. You felt the fear of being at the edge of the building, even though it was fake. Once you do that you can create any imagery. Once you create imagery, you can take the place of things. Can put a tv screen fiu in front of you, or 50 tv screens. You can put yourself in front of your friend on the other side of the planet. They can start to replace things. It becomes the next place we go, for more information, entertainment, socializing. Charlie is there a president to how revolutionary it could become . Cedent to how pre revolutionary it could become . Whenever theres a change in a new medium, i think a decade from now we were look at it as a key milestone in the history of computing. For the first time, it is actually possible to create a sense of presence that could not be possible previously. If you look historically in the second half of the 1800s, we as a species figured out how to record and broadcast moving picture and sound. Out of that Technology Grows a multitude of different mediums, and different businesses. You have television, cinema, radio telephone that. Is the level of paradigm shift we are talking about as far as technological innovation. What Virtual Reality is, well it seems like a buzz word thing, and people say it is the evolution of video games or cinema, really what it is is technology communicating with us in a human way, and the way that the world communicates through us through our senses. Fundamentally what it is is the medium as Human Experience. I agree with you guys. I think it will be an enormous platform and potentially huge. I dont think we are quite there yet. Even in a few years. In terms of a really long, immersive experience with vr charlie what do they need to get their . There . Justlot of it right now is in terms of talent. There is not even a language of how to tell the story, it has not been decided. We will