 Dear students, the challenges of globalization have made international labour standards more relevant than ever. International labour standards are the first and the foremost about the development of people as human beings. In the declaration of Phil Ad Lafayette 1944, the international community recognized that labour is not a commodity, labour is not an inanimate product like an apple or a television set that can be negotiated for the highest profit or the lowest price. Now look, how much value is given to a labourer? It is said that labourers are not a product that can be sold for the highest profit or the lowest price. This is not an apple or a television set. It is a great notion and a great ideology. What an angle, as a matter of fact. Moreover, my dear students, work is the part of everyone's daily life and is crucial to a person's dignity, well-being and development as a human being. Work should be done with dignity, respect and social justice. International labour standards' purpose is to maintain life and dignity of men and women. Decent work is a concept and it presumes that a person should be able to do decent work. Decent work is access to productive and suitably remunerated work, safety at the workplace and social protection for families, better prospects for personal development and social integration, freedom for individuals to set out their claims to organize and to participate in decisions that affect their lives and equality of opportunity and treatment for all men and women. So, in the definition of decent work, all the features I have told you are part of it. And the purpose of international labour standards is to provide decent work. The ILO contributes to this goal, that is, with the goal of decent work, by elaborating or promoting international labour standards aimed at making sure that economic growth and development go hand in hand with the creation of decent work. In this regard, my dear students, the ILO's tripartite structure ensures that these standards are backed by governments, employers and workers alike. Why do students who are international labour standards have minimum social standards, who are agreed upon by the players in the global economy? International labour standards are minimum standards adopted by governments and social partners and it is in everyone's interest to see that for the sake of social and economic justice, these rules applied across the board. Hope you have understood the topic. Thank you very much indeed.