 Thank you John With your permission before I make some comments. I'd like to ask the audience one question Does everyone agree that? National currency which has been used and circulated within national border is a public good I think everyone is Agree with this So if it is positive answer On the basis of previous speaker said can we declare with some thinking standard about that the US dollar is a global public good Unfortunately for Many of people the answer Under recent conditions under recent circumstances under the figures show on the screen The answer can be only positive. Yes We can like it or dislike it, but US dollar is a global public good So shall we blame the dollar itself for different kinds of policy actions and utilization of the currency by different people By different authorities. I don't I don't think sure that we should blame the dollar itself It is an X which can be used either for constructing houses or Taking lives the same story with the dollar so from based on this observation I can see that the biggest issue for Polar world for multilateral Relationship is their responsibility those who issue the reserve currencies In nowadays, it's not only one single currency, but in principle Responsibility of authorities of reserve currency economy or reserve currency the nation So we can speak about substitution dollar for Rum and B dollar for Europe dollar for everything, but the responsibility will rest with the authority So my judgment at this point is that what we are really need is to start working on the rules Principles high-level principles guidelines. We can call it differently on the behavior or reserve currency nation so The movement to that to the directions will save us quite a lot of Energy at least Because when we substitute we will have the same the story whether on which way the National currency as a reserve currency have been used by national authorities So we are living in the world when the and the title of our panel when the Monetary system or I would better say that infrastructure For a financial infrastructure of one particular country is being used as a political weapon It's very very really bad story So what is happening and we somehow need to accommodate to it and we are accommodating for example, there's decisions to develop special payment system within European Union in order to Make settlements with trade when we are trading with Iran There's the decision are taken by central bank of Russia to decrease the portion of U.S. Treasury in our international reserves, so it can be done in different way, but what is Really interesting about yes dollars you cannot escape the fact that The biggest in voicing is taking place in the US dollar It is easy say To speak about the international trade in general, but what was much more important. It's in voicing You can make settlement in any different countries as happening in my case for example We allow our Obligus our debtors for example when we grant state credits to foreigners pay what where they want rubles euros dollars Whatever, but in voicing stealing the dollars even when we speaking about with new Financial institutions as new development banks set up by bricks nations Asia infrastructure in Western Bank set up by China and others what's happened at the end that the Authorized capital paid in capital all are nominated and in a dollars, so that's why we are living within this this is framework, so a couple of examples what how guidelines or principles of Responsible behavior of Result currency nation can look like just one first principle is keep your own house in order I mean economic and financial house and all The second principle not harm the interest of economic agents The biggest harm comes from the so-called secondary nations when you see Economic agents are suffering in the cases where they have nothing to do with the economic with the foreign policy with the aims and wishes of Nation who is under the sanctions and yeah, I there's a number of other Things can be put as a principles for Responsible behavior do we have examples so that we can cooperate with him on a multilevel on Multilateral level in in the directions I just described. Yes. We have very good ones the best one is the international cooperation on taxation just recent episodes Very politically touching issue. I mean taxation the way it is being paid where it is being paid to him But we agree we agree within OECD within G20 and the agreement multilateral agreement is being Implemented by all without any pressure every nations take their responsibility by themselves So I finish this but with the Hold that my my position is being well understood. Thank you