But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow.

The U.S. - E.U. economic relationship dwarfs America's economic ties with China.

Non-proliferation will only work if all states are willing to cooperate, and that will only happen if all feel they are being treated fairly.

The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined.

That's where my job comes in. Getting the E.U. and U.S. to agree.

It is not viable for one country to demand a right to increase and upgrade its nuclear weapons capabilities while asking others to eliminate theirs.