 I suggest, excuse me, I suggest to move to the fourth speaker, Igor Yogan, so we will move to the more regional approach after the approach by energy. And Igor will focus on sustainable development in Russia and the Russian Economic Union. He is the Chairman of Management Board of the Institute of Contemporary Development and Vice President of the Russian Union of the Industrialist and Entrepreneur. So you have the floor. I give you ten minutes. Thank you very much. Thank you very much. To be a good Russian, I will curtail my speech because there are so many people behind me. So let me just show you what I wanted to tell you and then a little bit the comment on the situation in Russian energy sector. So Russian Federation started a real integration into the ESG world. There is a carbon regulation. There is a sustainable finance regulation. There is regulation of ESG risks by the central bank. And we create a methodical framework for talking all of those ESG factors into the development of industry in Russian Federation, not only industry in financial markets too. But we're not alone. We want to build it on the Eurasian space. Kazakhstan and Kyrgyzstan are part of this union. Kazakhstan is very much in advanced. They started in 2013, so they already have a carbon exchange. They have a pretty advanced financial market with green bonds and stuff like that. They have taxonomy approved. They have mandatory disclosure of non-financial information for all organizations, which we don't have it in Russia. It's only voluntary and it's only a fraction. Kyrgyzstan is a little bit behind, but they are beginning very serious development. In Bishkek they now have the draft national taxonomy and now they approve the guidelines. And they copy Kazakhstan because this is the closest neighbor and definitely there is serious progress there. Belarus talks a lot but is not very much on time schedule, but they're developing different subjects of this sustainable development. And they have a state concept of green bonds of republic, for example, verification system and so on and so forth. Armenians are a little bit behind, but they also have elements of stock exchange with green bonds and national road map for stable finance. And I want to just on this part of my presentation, I want to say that no matter what we do, Chinese regulatory system and Chinese stock exchange, Chinese financial instruments and standard setting are well ahead of us. They work for at least 15 years on that stuff. And if we know that international sustainability standard board, which is headquartered in Montreal, decided to take Asia on board, they delegated to Chinese people's republic because they are so advanced in methodology, regulation, financial motivation of those who want to be green, that it's feta complete. Another meta is that of course, and Eurasian space will be by and large, I'm absolutely sure they say that they will be independent, they will be autonomous and so on, but they will copy Chinese example of how to transfer their economies and financial markets to ESG transformation and sustainable development. Of course, you know that they promised to get the peak out of the energy mix by 2030 and then start drastic, to curtail drastically the emissions and all of that stuff. And at the moment, as we all know, on electrical cars, automobiles, on turbines for the windmills, on all of this, they're well ahead of us, they're well ahead of Europe and they're number one in the world. And nevertheless, as was shown, coal production is growing and will be growing until 2030, but that's now in the constitution of People's Republic of China and in their documents of the 25th Congress, judging by how disciplined is the process is, they'll probably manage zero by 2060. A couple of words on Russia. You're absolutely right. When the war started and you cut Russia out of your supplies, the pivot to Asia was declared and at the beginning discounts were 40%. Both in India and in China. And in India, we couldn't convert this money. There are still 14 billion worth in rupees and we don't know exactly the scheme on how to recuperate that and transfer it to real capital, real money. Same in China. In China, yuan, of course, we have the trade in yuan so it's easier. But at the moment, I would say that according to our Ministry of Energy, the discounts go to 10% and the volumes are considerable. Definitely, all kind of further sanctions, secondary sanctions and so on and so forth, are in force. It's difficult to transport oil and gas to the countries, to the friendly countries put it this way. Loids, for example, forbids insurance. But there are always gray skins. And Russians insure it in the international waters. The last mine is taken by Turks, by Egyptians, even let us be honest by Greeks and people from your jurisprudence. So from this point of view, if someone thinks that Russia suffered a lot, yes, at the beginning it was a serious blow. At the moment, we don't feel it. Inflation is at 6% and the GDP growth is at 2.8%, almost 3%. So when we compare the economic situation, economic warfare didn't work the way it was planned. That's the effect of life. But that short-term, mid-term and long-term would be much more difficult because technological gap will not be covered. And then we will be dictated by our Chinese brother, who becomes a senior brother. And senior brother always is a little bit tougher than equal brothers or twins. So that will be felt. That's already felt in the Far East, very much so, on many instances and in many fields. But I would like to say that, of course, as it was discussed today in the political panel on Ukraine, the sooner we start negotiating and ceasefire, the better for everybody. And in view of what Total said on the general need for the energy in the world, I don't think that the best solution would be further sanctions, super sanctions, super, super sanctions. Because you left Novotek, Novotek immediately replaced you by Chinese technology, which is for needs for the Arctic drilling. Okay, not immediately from the best producers, but, you know, immediately gray zone and this so-called parallel import technology arrives to Moscow, to Russia, excuse me. So I will end up here. Russians, especially young Russians, academic Russians, intelligentsia, want to be with you in the same world process. And that was shown in the first part. And the second part will largely depend on geopolitics, much more difficult because here the invisible hand of the market works less efficiently when the politicians get into that. The sooner we finish this tragedy, the better for everybody. Thank you very much. I hope that I economize for some of the speakers. Thank you. Thank you for those for our presentation and for the, you are very precise. Please. Just one simple comment that the easiest way to get rid of all these problems is for Russia to leave Ukraine. Tell it to Mr Putin. Of course. Of course. Yes. Thank you very much. In fact, you referred to sanctions to be frank. The Russian oil and gas revenues came back now to the levels before February 2022. So are the sanctions- The sanctions cost us overall, not energy, from one to two percent GDP nevertheless. And it is felt. No question about that. But to say that it was a, how should I say, successful economic warfare, no.