More competition is encouraged through the facilitation of loan substitution by debtors across banks and the prohibition of bundled sales of financial products. Regulation and supervision are strengthened, and a new banking resolution mechanism has been established. Of particular interest is the energy reform. Before the reform, production and most other activities in this sector were open only to government monopolies.
But in times of crisis, the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” I think in times of rising protectionism and unilateralism, we should take these words to heart. Thank you very much for your attention. I now look forward to answering your questions.