And we see today how Moscow is employing disinformation and cyber-attacks to support its horrific war in Ukraine. We have seen attacks on our own governments, on our companies, on our democratic processes and persistent propaganda campaigns that seek to undermine us and the trust amongst us. Malicious cyber and hybrid activities are a common feature of a more contested world in peacetime, in crisis and in conflict. Russia has invested heavily in new technologies, from hypersonic missiles to cyber capabilities and massive disinformation campaigns. Today, however, our edge is being aggressively challenged by authoritarian regimes that do not share our values or abide by the same rules. And as an Alliance, our private sector invests the vast majority of global venture capital into our innovative companies. 80% of all Nobel Prizes have gone to NATO’s citizens. 70% of the world’s most innovative cities are within Allied territory. With our open societies and thriving private sector, Allied nations enjoy an important competitive edge. From the first Industrial Revolution to today’s one, innovation and entrepreneurship have always been central to global supremacy, to prosperity, peace and stability. But central to NATO’s success is also our ability to maintain our technological edge. This is how we manage to deter any aggression, defend our people, our democratic values, prevent conflict, and allow people like you to have ideas, to prosper and to fulfil their lives and to fulfil their dreams. We have done this successfully for over 70 years by staying strong militarily and united politically, and by changing as the world around us changes - and now is changing at fantastic speed. 30 countries today, possibly more in the near future. NATO is a defensive Alliance whose primary responsibility is to protect 1 billion citizens in Europe and North America. A few words about NATO and what we do, as we speak. And the idea to promote innovation, entrepreneurship in Romania and the region is just a fantastic one. It’s a pleasure to be with all of you at the InnovX-BCR DemoDay. Our job is to make sure that peace and stability and security will be the foundation of everything we’ll do and everything you’ll do in your careers and in your successful lives. Thank you, Ionut and I know that the world will be in good hands with all of you.
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