Americans and Europeans share a common goal - to build an enduring peace based on free- dom. Our democracies today are strong and vibrant. Together we can tackle the diverse challenges we face, whether radical religious fanatics who use terror as their weapon of choice, the disturbing turn towards autocracy in Russia or the looming threats of climate change and the degradation of our planet.

But the key word is "together". We need to renew and revitalise our democratic solidarity. We need to strengthen our transatlantic alliance as the core of a new global compact - a League of Democracies - that can harness the great power of the more than 100 democratic nations around the world to advance our values and defend our shared interests.