Thank you. Nelson. In my 20 years of daily and weekly engagement with brie bsh brazil, which, by the way, in this room i know is a flash in the pan. Than our moderator. So i dont know if the rules permit this, but given weve heard tom shannon side of the u. S. Side of this. Could i ask our moderator. What will it take from the brazilian side for us to put this disclosure issue behind us . I think its a recognition in brazil of the importance of the relationship. You can see it coming from the Business Community that feels that brazil has, in a sense, somewhat isolated itself in the trade arena, for instance. This is daily [inaudible] part of the national conversation. You had the recent speech in againer have addressing this directly significantly is very close to the president. Hes very close to who is likely to run for the governor of the [inaudible] hes now the minister of Development Industry of commerce in brazil. So you have this and the signal from society that society is more and more engagement with the United States. This will appear in a debate in brazil. Especially i think in a president ial Election Year in brazil next year. It would be interesting. I personally would love if the candidates all have the capacity to engage in this debate in terms of brazils presence in the world. One thing that i thought ambassador was going to mention and he didnt and i will. You have an increasing number of Brazilian Companies, Global Companies there are about 30 of them. Some are important they become new connectors. [inaudible] and are here because, well, this is a big market. This is also placed to [inaudible] she was asked about the business of the fiscal cliff at the time. That the United States was going down. Ghoarchls. No. He i dont believe the United States is losing importance in the world. The United States is a country with extraordinary flexible economy with a great capacity to reinvent itself. The United States is willing to revolution in energy and has something has something she said i value very much and we have to repeat four times. Why what will happen. I just want to say briefly it takes leadership. It takes leadership here. It takes leadership there to make those interests. This is completely out of order. Im not supposed to be saying any of this. [laughter] thank you. Tori. Ambassador, its a pleasure to have you with us. And its a pleasure to hear you talk. You give such a coherent presentation. I know, you choose your words very carefully. And so i want to address some the phrase of the disclosure problem, which you referred to repeatedly. I think probably being one of the only people in the room that sued the government for warrantless wiretapping. Had the suit been rejected on the Supreme Court on the ground we couldnt prove standing two months been the snowden disclosure which we wonder we could have two months later. I think it makes it seem less serious. Its not on a human rights level and the right privacy. Its on a commercial and political level. It has to do with trust. There is, and i understand its corporate as well as domestic. I would like that hear you respond. I think it discounts the seriousness of what is happening. And the second is, with respect to education and the number of brazilian students coming to the United States. Which is enormous. Somehow it going from the tows brazil . Because i have a sense its much less and i dont know the numbers. Could you talk about that . And what you see the future of that . Just the last one first. It is last. I dont have the exact figures. But i think its going change over time. To begin with, historically, when americans have done overseas university incidents its been focused on europe. Largely the u. K. , spain, and italy. Some of france thrown in. But thats starting to change. Were seeing more americans going mexico. We see more go to argentina. And its our hope, and especially as we build out our component of education in the americas, 100,000 strong. We will be able to begin to build a larger u. S. Presence in brazilian universities. But in order to do that scufflely. We need the help of brazilian universities. Many are not equipped to take International Students easily. They dont have dormitories. They dont have International Student programs. And it tend to fall to the student to find a place to live, networks of support networks, et. Cetera, et. Cetera. And some Young Students are okay with that. But others arent. Others a more packaged deal. There are a few universities beginning to understand this and beginning to try to fashion mechanisms that will allow them to attract foreign students more easily. Not just from the united but elsewhere. And one of the things with e hope to be over time with the program is use what is article Student Exchange program to build eventually to break down the closed shop nature of universities. Especially when it comes to things like credits and degrees so they can be shared easily. Had this is a longterm vision. But it is really our hope over time to take a program, which is really just about exchanging students and use it to build relationships between our educational system and or laboratory and Research Institutes that are going to be providing more productive relationship for both companies inspect terms of programs, challenges, crisis, outrage. You pick the word. Youre right, i choose my words carefully. Because, again, you can call trayson. I agree. But again what i what i want to be able to do here is recognize the seriousness of the issue. Recognize the impact that its had on the relationship. Especially on brazils understanding of that relationship. By putting in to a context in which it doesnt overwhelm that relationship. Because i dont think it should. I mean, obviously it raises issues. Imagery is different. When i it casts a dark shad go on the relationship. Others have used words like trust and respect. And obviously were going to have to address all that have in some fashion. But at the same time, i believe that this has been exaggerated for political purposes. Not by brazilians themselves but snowdens handlers. I believe that much has been taken out of context. And i believe that ultimately were in a position with the brazilians because of this first of all, to rethink our intelligence liaison relationships. Thats something brazil does very poorly right now. Largely because of the large internal history and the relative smallness of the Intelligence Services. But a recognition that brazil does not have an Intelligence Service that matches global ambition. In order do that, it really needs to build liaison relationships with global Intelligence Services that are capable of helping it dot kinds of things and provide the kinds of services to it own government that ultimately going need. Brazil is in a privileged place right now. It has adversary and people happening inside brazil. And its our hope that they recognize they have a useful partner us and need to see beyond their own immediate concerns caused by snow ton wild out the partnership. Especially looking toward the world cup and limericks. Olympics. The kind flowing through the information hubs. And its going require a response that is at least a thought process. Larger than the one we have going right now. Okay. Alec from the hillson company. Thank you very much. Indications in brazil, the brazilians are starting to feel a little bit isolated in trade issues and the formation of the pacific alliance. The ttp negotiations. The negotiations and others. And comments by the president in denver reflect on the other hand the brazilians seem to be hog tied by the participation. And by certain kinds of barriers within their own still protectionist society to be able to make breakthrough on trade issues. Weve been talking with the e. U. For many years and havent gotten very far. Ic its one of the points most important for strengthening the overall bilateral relationship between us. I wonder if you could say a few words about that. We want more trade. We want more investment. Thats why brazil is one of the focuses of the president s National Export initiative. Its why its one of the focuses of the select u. S. A. Initiative designed to bring investment from overseas to the United States. We are prepared to go to Great Lengths to achieve that. And whats hartening is as tony mentioned the very strong push from Large Industrial federations like cnn a on the bilateral trade relationship and trying to find ways to overcome aspects of brazilian trade and commerce. Especially in the market reserve policies that have limited our ability to penetrate certain markets. And i think in this regard, the negotiations that are ongoing between brazil and the European Union are an interesting bellwether. I think its increasingly clear to brazilians they have large opportunities in europe. But being held back far variety of reasons. Some domestic and some related to the relationships. And obviously, you know, were not calling on anybody to abandon the alliance or trading infrastructure. Its up to each country to make the decisions. But a relationship between brazil and the European Union put someone in a position as the United States bilged its Transatlantic Partnership triankle braceletlating to the south america or in to the south america or in to the agreements one might fashion with brazil would be an interesting possibility. But, you know, brazil has come a long way in a fairly short period of time. When i was there, the first time around, from 1989 to 1992, you know, the thought that brazil would be the home of major Global Companies. That it would be a growing investor in the United States and that a company like that would have numerous subsidiaries and in the United States. A major supplier didnt cross many peoples minds. In a short period of time, they have covered a lot of ground. But they have more ground cover. Just information. The council on Foreign Relations conference in new york where the minister [inaudible] was speaking. He said something very meaningful to me. I think i will repeat it here. It helps with the context. Brazil, over the past 30 years or so, faced and basically built a consensus turning over three major changes. The first was democracy follow by the challenge around economic [inaudible] the challenge of competitiveness the other name of it is the challenge of making the brazilian economy an more open economy. You cannot do competitive as you cannot resolve innovation issues become more invast because the i wanted to add this. Because i think its relative to the conversation. My question is related to what he was talking about. Which is, how does the recent decrease in gdp and the increase in economic concerns in brazil affect this relationship you have come to talk to us about and help us understand . If yoi look at what brazil has been able to accomplish. Its a lot of this on a consumerdriive growth model. And that model has kind of run its course. And brazil now needs to build growth model that is based on productivity and competitiveness as he noted. And as you look out over brat still began landscape, what is striking at least to me, is that the challenges faces are several. The biggest and most pressing is infrastructure. The highway, the railway and the telecommunication system you need to move u goods and services. And how do you coit in a timely fashion. It cant it to the foreign destinations that happy my buy it. It has huge infrastructure needs that have to be addressed. It has significant Human Resource needs that has to be addressed as it binged out the core and the core it needs to fashion a 21st century economy. And of course it has the drag on it. The labor regime, the tax structure, or the other regulations and rules that determine how you start businesses and more importantly how you close businesses. They have an advances dialogue on how to address them. In many ways the Human Resource issues are the easiest to resolve. They involve investment. Where as the regulatory drag is the hardest because its political. And it involves taking on significant entrenched interest within brazilian society. In some ways the president has inherited the toughest mart part of the economic transformation. Its clear fiscally and monetarily for a longterm positive growth path. And president was able to, through his social program, was able to inject the capital to the system so brazilians can take advantage of the longterm growth path and profit from it and drive growth rates that were quite high. But the president took over the model. Just as it was hitting a wall. Its really up to her to find to the challenges in the brazilian economy. In many ways its probably the toughest of the three. But the good thing is, it has worked through the different part of the economic development, it has globalized and become, you know, very aware of what is happening elsewhere in the world. And so i do think that brazil up to the challenges. The question is how fast. In this regard, in a brazil in a unique position. There are few countries in the world whose economic well being is entirely in their own hands. I think thats true for brazil. In other words the decision it makes on Infrastructure Development and education and Human Resources. And Regulatory Reform will determine how fast it grows. It it makes the right decision quickly it grows faster. And stronger. If it makes them more slowly or haphazard fashion it grows more closely. The thing it doesnt stop growing. It doesnt stop being its dont attract toif american investors and businesses. [inaudible] my name is [inaudible] im a former representative of [inaudible] to the organization of american states now an independence scholar. Ambassador, they mentioned a couple of times that u. N. Solution of a [inaudible] General Assembly taken yesterday presented by brazil and germany and also sponsored by many other countries. On the right of privacy and receipted to human rights. How do you see the implementation of that resolution . Its something that has fought a lot for. We can have an direct impact in this action state of the relationship. [inaudible] as noted the join consensus on that. The reason we were to be join consensus the original text proposed be by the initial conveners or those who offered it which included brazil have to change some aspect of that text to broadly address our concerns. Recognize the importance of privacy and the importance of an internet which is seen as a Global Public good. And one that needs to be protected. Like some of the u. N. Resolutions. These are designed to capture a sense of the u. N. And to help provide direction was important and i think it showed that whenever brazils intention might have been when it started the process. It recognized early on it wasnt going achieve erg it wanted to in the process. It had to make concessions that actually created a better environment for the kind of dialogue that were having. Thank you. My question has to do with brazils relationship with other countries in the himself fear or more broadly. I think and we have worked on some of this together. Theres broad respect for the strength of the brazilian economy what brazil has accomplished in term of democracy. To use it as a base for global projection. And you see any number of example. Mexico, you know, opposition to having brazil have a permanent seat on the u. N. Security council. You see it in the reaction in the himself fear hemisphere visavis human rights system. I was wondering in your time as ambassador if you could comment on how you perceived brazils leadership being perceived in other part of the region. Its bigger ambition which are expressed through this and to a certain extent but [inaudible] larger south american ambition has to be changed with respect and understanding for the concern of other countries. And it consistently tries to present itself as a force. But as a force in the its not easy when you are as big as brazil. They like to point out they border on france. And the trade qhaijs brazil faces with argentina because they tend to overload some of the circuit in the relationship and the structure they have. But the brazilians work very hard at this. In many ways, you know, first of all, i mean, the efforts to fashion regional Integration Units are from our point of view are positive. Whether its central america, the caribbean community, these are all efforts that faa facilitate dialogue and for the wellbeing of the sub region and the broader hemisphere. But actually the biggest i want impediment that dominates south america is largely the inability to open the market. Because it has put mexico into south america in a way that i think many never anticipated and created the possibility of a connected series of free markets on the Pacific Coast all facing asia with without a u. S. Presence or driving purpose. I think ultimately challenge is the wrong word because brazil tends to address problems by embracing them and so i dont think this is a challenge to brazil so much as it is something that it has to understand and address in a way that reflects the interesting concerns of the members of the alliance. Yes. I will get to you. My name is steve and im here on behalf of u. S. Travel association. I want to thank you for your opening remarks about the booming demand in both directions for both Business Travel and leisure travel. And in that context i think it shou