1 MONGOLIA-CHINA AGREE TO COLLABORATE IN INCREASING MEAT EXPORT WWW.MONTSAME.MN PUBLISHED:2018/09/21      2 U.S. AND MONGOLIA SEEK TO STRENGTHEN ECONOMIC RELATIONSHIP WWW.STRTRADE.COM PUBLISHED:2018/09/21      3 MONGOLIA, U.S. LEADERS DISCUSS BILATERAL TIES WWW.XINHUANET.COM PUBLISHED:2018/09/21      4 BELT AND ROAD SIGNIFICANT TO MONGOLIA, PEOPLE AROUND WORLD -- ACADEMIC WWW.ENG.YIDAIYILU.GOV.CN PUBLISHED:2018/09/21      5 PETRO MATAD UPDATES MONGOLIA EXPLORATION WWW.OGJ.COM PUBLISHED:2018/09/21      6 RIO TINTO’S EXIT FROM COAL PAYS OFF, TO RETURN $3.2B FROM SALES PROCEEDS TO SHAREHOLDERS WWW.MINING.COM PUBLISHED:2018/09/21      7 OPENING CEREMONY OF SAINSHAND SALKHIN PARK HELD WWW.MONTSAME.MN PUBLISHED:2018/09/21      8 ALIBABA’S MA SAYS TRUMP’S TRADE WAR ‘DESTROYED’ HIS PROMISE TO CREATE JOBS FOR 1MN AMERICANS WWW.RT.COM  PUBLISHED:2018/09/21      9 LEGAL DISPUTE OVER EMC OWNERSHIP COMES TO AN END WWW.ZGM.MN PUBLISHED:2018/09/20      10 ERDENES TAVAN TOLGOI REVENUE SURGES DUE TO HIGHER COAL PRICES WWW.NEWS.MN PUBLISHED:2018/09/20      НУРАХ ДӨХСӨН БАЙРУУДЫГ ШИНЭЧЛЭХ КОМПАНИ ОЛДОХГҮЙ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛС ВАШИНГТОН, ПЁНЬЯНЫ ХЭЛЭЛЦЭЭРТ ЗУУЧЛАХАД БЭЛЭН ГЭДГЭЭ ЗАРЛАЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УЛСЫН ХЭМЖЭЭНД 85.3 МЯНГАН ТОНН ТӨМС ХУРААН АВААД БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/21     ЗГ: БУЦАЛТГҮЙ ТУСЛАМЖИЙГ УСНЫ НӨӨЦИЙГ САЙЖРУУЛАХ, ХЭРЭГЛЭСЭН УСЫГ БУЦААН АШИГЛАХАД ЗАРЦУУЛНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     ҮСХ: УЛААНБААТАРТ АЖИЛЛАГЧДЫН САРЫН ДУНДАЖ ЦАЛИН УЛСЫН ДУНДЖААС 121.7 МЯНГАН ТӨГРӨГӨӨР ИХ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛСЫН ИХ ХУРАЛ, ЕВРОПЫН ПАРЛАМЕНТ ХООРОНДЫН XII УУЛЗАЛТААР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАЛАА WWW.DNN.MN НИЙТЭЛСЭН:2018/09/21     ТӨРИЙН АЛБАНЫ УДИРДАХ АЖИЛТНЫ УЛСЫН ЗӨВЛӨГӨӨН БОЛЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/09/21     2019 ОНЫГ МОНГОЛ, АМЕРИКИЙН ЗАЛУУЧУУДЫН ЖИЛ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УУРХАЙЧДЫН АЖЛЫН БАЙР НЭМЭГДЭЖ, ЦАЛИН ӨСЧ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/09/20     “ЭРДЭНЭТ”-ИЙН 49 ХУВИЙН ӨМЧЛӨЛ ТОЙРСОН ХУУЛЬ ЗҮЙН МАРГААН ЭЦЭС БОЛЛОО WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/20    

Events

Name organizer Where
Frontier's "Invest Mongolia Tokyo 2018" Frontier Securities Tokyo Japan
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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Director of UNESCO cluster office in Jakarta attends Mongolian Innovation week www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Dr. Shahbaz Khan, Director of the UNESCO Cluster Office in Jakarta and Regional Bureau for Science in Asia and the Pacific, attended the Mongolian Innovation Week - 2017 events during his visit to Mongolia between May 9 and 12.
 
Within the framework of the annual Mongolian Innovation Week - 2017 organized by the Mongolian University of Science and Technology (MUST), the National Innovation Forum was held on May 10 and Dr. Shahbaz Khan gave a keynote speech on “Science, Engineering, Technology and Innovation for Sustainable development”. Also, he delivered a presentation on “Role of Science, Technology and Innovation to deliver UN 2030 Agenda for Sustainable Development” at an International conference on Innovation and Entrepreneurship Development on May 11.
 
During his visit, Minister of Education, Culture, Science and Sports J.Batsuuri, Secretary-General of Mongolian National Commission for UNESCO S.Uyanga, Rector of the MUST B.Ochirbat and officials from Mongolian Academy of Sciences and Ministry of Environment and Tourism received Mr. Shahbaz Khan on May 10.
 
The sides exchanged views on further cooperation opportunities in science, technology and innovation sectors and talked about future cooperation. On behalf of UNESCO, Dr. Khan expressed UNESCO’s intention to provide policy support in creating a knowledge-based economy in Mongolia.
 
Prof. Khan was the Chief of Section on Sustainable Water Resources Development and Management at UNESCO, Paris from 2008 to 2012 and the Deputy Director and Senior Program Specialist at the UNESCO Office in Jakarta from 2012 to 2015. Since 2015, he was appointed as the Director of the UNESCO Cluster Office in Jakarta and Regional Bureau for Science in Asia and the Pacific.
 
Previously, the Ministry of Education, Culture, Science and Sports in collaboration with the UNESCO Cluster Office in Beijing and Jakarta, and the Science and Technology Policy Asian Network developed the Science and Technology Master Plan of Mongolia for 2007-2020. In the framework of implementation of the Master plan, UNESCO organized several trainings and events in collaboration with the Ministry of Education, Culture, Science and Sports of Mongolia.
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Russia’s Putin, India’s Modi to attend ‘most intensive’ St. Petersburg International Economic Forum www.rt.com

 
The upcoming 21st International Economic Forum in St. Petersburg, featuring Russian President Vladimir Putin, Indian PM Narendra Modi and Austrian Chancellor Christian Kern, will provide the most intensive program in the event’s history, the organizers said.
The St. Petersburg International Economic Forum (SPIEF) is scheduled to take place June 1-3 in Russia’s second-largest city, often also regarded as the country’s cultural capital.
 
“A plenary session with the participation of Russian President Vladimir Putin, Prime Minister of India Narendra Modi and Federal Chancellor of Austria Christian Kern, set to take place on June 2, will be the central event [of the forum],” said Anton Kobyakov, Russian presidential advisor and executive secretary of the SPIEF organizing committee.
 
Some 39 ministers from 26 countries have confirmed their participation in the forum, with a total estimated number of participants, including businessmen and representatives of various international organizations, exceeding 5,000, he added.
 
International Atomic Energy Agency (IAEA) director general Yukiya Amano, Saudi Energy Minister Khalid Fatih, the heads of 250 foreign companies, including BP, Total and Boeing, are among those expected to arrive in St. Petersburg.
 
More than 70 Russian regional heads and over 700 of the country’s companies have also signed up to discuss key global economic and financial issues with international partners. SPIEF is known to be a major deal-making event, with $17 billion worth of deals not subject to commercial secrecy made in 2016.
 
According to Kobyakov, this year’s SPIEF promises the most intensive program in the forum’s history, with a total of 108 business events planned.
 
“The program for the 2017 Forum reflects current economic trends in Russia and the challenges facing the global economy today. The discussion will focus on the current status of the international economic system and the prospects for its sustainable development, the search for the best paths toward solving pressing problems, and how to make use of emerging opportunities,” he said.
 
Sessions dedicated to the Shanghai Cooperation Organisation (SCO), BRICS, the B20 International Trade and Investment Forum as well as sessions of the Valdai Club are also on the agenda.
 
The SPIEF Investment & Business Expo will showcase Russian and international investment projects during the forum in St. Petersburg.
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Japan to support export of coal, gas power technologies www.asia.nikkei.com

 
TOKYO -- Japan's industry ministry is set to support domestic industry's efforts to export low-emission gas and coal thermal power generation systems to developing countries.
 
The program includes support for Japanese power companies' feasibility studies and technology transfers in Vietnam, Thailand and Indonesia.
 
The aim is to boost exports of Japan's infrastructure technologies by working with private-sector players to find emerging opportunities at an early stage and capture the growing demand in these countries ahead of international rivals.
 
The initiative is in line with the program drawn up in May last year that aims to promote export of infrastructure systems, including highly efficient thermal power systems.
 
It also relates to the Ministry of Economy, Trade and Industry's efforts to draft a policy proposal addressing global warming through support to developing countries.
 
Specifically, the program will support projects involving state-of-the-art gas thermal systems, and gasified-coal equipment using integrated gasification combined cycle or ultra-supercritical technologies.
 
Mitsubishi Heavy Industries, IHI and Hitachi own these technologies.
 
Construction of new power stations, renewal of such facilities, and remodeling of turbines in use, for example, will fall under the scope of the program.
 
The program will invite staff from the three countries' governments and power utilities to undergo training on how to operate and maintain the systems, and dispatch Japanese engineers to provide on-site support.
 
For the year ending March 2019, the ministry plans to budget about 2 billion yen ($17.6 million) for studies of seven or eight projects.
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PM: Mongolia is an important corridor in Belt and Road initiative www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ “Mongolia prioritizes bolstering its friendly relationship and cooperation with China and Russia”, remarked Prime Minister J.Erdenebat during his speech at the Leaders’ Roundtable Summit at the Belt and Road Summit for International Cooperation which took place on May 14-15 in Chinese capital Beijing, gathering leaders of 28 nations.
 
In his speech themed ‘Policy Coordination for Close Partnership’, the Prime Minister touched upon Mongolia’s initiative to forge a trilateral mechanism with its neighbors which is working successfully, and expressed his delight at Mongolia being an important participant in the Belt and Road initiative.
 
He continued to talk about the signing of Mongolia-China-Russia Economic Corridor Program in 2016 saying, “We are working actively towards solving the funds for and realizing the 32 projects reflected in the program”.
 
“I would like to emphasize on the role of leading nations around the world in establishing the economic corridor between Mongolia, China and Russia which will contribute greatly to regional and global development”, he said.
 
 
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Inflation rate stands at 3.4 percent www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ The National Statistics Office presented yesterday, May 15, Mongolia’s social and economic indicators as of the end of the fourth month of 2017. The economic highlights were the 1.3 increase in inflation, MNT 285.5 billion of budget deficit, MNT 747 billion of non-performing loans.
 
Inflation went up by 4.8 percent in the first four months of this year, in specific, by 1.3 percent in April compared to the previous month and 3.4 percent against the same period of last year.
 
The 1.3 percent increase was mainly formed by 7.6 percent increase in meat and meat products’ prices, 3.0 percent increase in prices of beverages, mineral water and other food products, 2.9 percent increase in transports.
 
The annual 3.4 percent increase was mostly contributed by 7.7 percent increase in prices of transports, 2.7 percent increase in foods and beverages, especially, the 12.8 percent increase in prices of dairy products and eggs, as well as 2.3 percent increase in clothing and shoes.
 
The gross domestic products reached MNT 3,063.9 billion in the first quarter, indicating increase of MNT 122.7 billion or 4.2 percent compared to the same period of last year.
 
The government budget’s equilibrated balance saw deficit of MNT 285.5 billion. This shows decrease of MNT 378.1 billion in the budget deficit compared to that of the same period of the previous year.
 
In the first four months of 2017, equilibrated revenue and amount of financial assistance reached MNT 2,094.4 billion, and expenditure and outstanding loan reached MNT 2,379.8 billion.
 
Whereas exports increased by USD 552.3 million or 41.0 percent, imports increased by MNT 254.9 million or 29.6 percent against the same period of 2016.
 
Amount of non-performing loans in the banking system reached MNT 1,087.3 billion as of the end of April, 2017. This represents increase of MNT 13.4 billion against the same period of 2016, and of MNT 51.8 billion compared to the previous year.
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Mongolian Parliamentarians and "Third Neighbors" Meet at Marshall Center www.army.mil

 
A delegation of five parliamentarians and seven senior government officials from Mongolia spent three days at the George C. Marshall European Center for Security Studies discussing their roles and responsibilities in a democratic society, May 9-11.
 
"Our partnership with Germany, through the Marshall Center, is very important for Mongolia," said Enkhbayar Jadamba, former defense minister now parliamentarian and chairman of the Standing Committee on Security and Foreign Policy. "Out of three million people in Mongolia, 30,000 are studying here in Germany and learning the language. We like to think of Germany as a third neighbor."
 
The Marshall Center coordinates approximately 12 tailored seminars each year. Seminars are typically requested by the respective U.S. or German embassy or defense agency. Parliamentarians who attend the seminar are most times, newly elected and come from the full spectrum of political parties in their nation.
 
"Mongolia and Germany have a long history and they want to continue this relationship that began over 40 years ago with East Germany and Mongolian People's Republic. We hosted our first tailored seminar with Mongolia in 2014. Since that seminar, only 1 parliamentarian is still serving. Two thirds of Mongolia's 70-person parliament are freshman," said Marshall Center Deputy Dean Sven Gareis.
 
FOCUS ON ROLE OF PARLIAMENT IN DEMOCRATIC SOCIETY
 
According to Gareis, the seminar was organized into two days of classroom work and a third day was spent in nearby Munich where parliamentarians visited the Bavarian state parliament and offices of one of Germany's leading political parties.
 
"The Mongolians are still seeking the best model for their parliament. They are facing a lot of challenges and they're landlocked between Russia and China. They face intense scrutiny in their country and therefore must be careful about leaning too far to the west for guidance. They feel they are always under threat to be choked. Mongolia is in a tough situation and we're here to help them navigate the maze," said Gareis.
 
Classroom discussions included parliamentary oversight of law enforcement agencies; fighting corruption; oversight of the military; and panel discussions between U.S. and German representatives who shared examples of how national security challenges were handled.
 
"The trust was good and the discussions were extremely useful to them. These parliamentarians are committed to the serious work of strengthening their nation," said Gareis.
 
GERMAN-AMERICAN PARTNERSHIP GUARANTEED SEMINAR SUCCESS
 
With nearly a dozen tailored seminars for parliamentarians from eastern European and Central Asian nations each year, the Marshall Center orchestrates a complicated agenda that includes nine other resident courses. Gareis said the timeframe of this seminar was imperative given the political calendars of Mongolia and Germany. Both nations have upcoming elections and the window of opportunity to bring the right people together was narrow. If it didn't happen now, it probably would have to wait until 2018.
 
The Marshall Center can juggle many variables and constraints to make a seminar like this one successful but an uncontrollable obstacle emerged that threatened to cancel the seminar: the lack of a final U.S. defense budget or continuing resolution.
 
"Travel arrangements for these parliamentarians could not be finalized because of the lack of a U.S. budget after April 28th" said Dean Dwigans, Chief of Operations & Deputy Non-Resident Programs. "This seminar was very important to the Marshall Center, and in particular our German partner, and rather than risk cancelling the seminar at the last minute because of the lack of a U.S. budget, the Bundeswehr stepped in and took responsibility for the event funding and ticketing of all travelers under the umbrella of our memorandum of agreement" said Dwigans.
 
A unique partnership between Germany and the United States gave the Marshall Center flexibility the other four DoD centers for security studies don't enjoy. Last October, U.S. Deputy Secretary of Defense Robert Work and German Parliamentary Secretary to the Federal Minister of Defense, Dr. Ralf Brauksiepe renewed a 1994 memorandum of agreement that increased Germany's role at the center. The new agreement not only committed Germany to a greater investment of personnel and funds but it gave the Germany's Federal Ministry of Defense a louder voice on programs they prioritize.
 
"This is not the first time the Bundeswehr has provided this kind of assistance. But it does show one of the many positive benefits of our strong German-American partnership that allowed this important event to continue seamlessly when a new U.S. budget was still being resolved." said Dwigans.
 
MARSHALL CENTER HAS PLAYED KEY ROLE IN GERMANY-MONGOLIA RELATIONSHIP
 
The Marshall Center is often used as a location for bilateral staff talks by U.S. and German officials. In August 2009, German and Mongolian defense officials met here for a series of discussions. One of the most important decisions that came from those talks was an agreement that Mongolia would provide the security force for German troops deployed to Afghanistan under the NATO-framework of the International Security Assistance Force.
 
Germany is the third largest contributor to ISAF and leads the Regional Command North based in Mazar-i-Sharif. Mongolia deployed an infantry platoon there in March 2010.
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UN Secretary-General meets Mongolian Prime Minister www.news.mn

UN Secretary-General Antonio" UN Secretary-General Antonio Guterres has held a meeting with J.Erdenebat, Prime Minister of Mongolia on sidelines of meeting of the ‘Belt and Road’ International Cooperation" Road’ International Cooperation Forum which has just been held in China. As a person who loves history, Antonio Guterres noted that the original ‘Belt and Road’ initiative was decisively established by the Mongolians of the past. Antonio Guterres said: ‘Mongolian UN relations are good and we will continue to support Mongolia further. Especially, the UN will cooperate with Mongolia on disaster relief and in preventing natural disaster.’

J.Erdenebat invitedthe UN Secretary-General to visit Mongolia for the Asian Ministerial Conference for Disaster Risk Reduction (AMCDRR) which will be held in 2018. Mongolia has sent more than 15 thousand soldiers on UN peacekeeping missions since 2002. Mongolian peacekeepers have been awarded for their actions by the UN several times. Mr. J.Erdenebat requested the UN Secretary-General to increase the number of Mongolian women peacekeepers and send a women's battalion.

The Mongolian Prime Minister has become the first world leader to have met Antonio Guterres since the latter was appointed as UN Secretary-General.

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MPRP to nominate a different candidate www.montsame.mn

Ulaanbaatar /MONTSAME/ Following the rejection of its presidential nominee N.Enkhbayar by General Election Commission on May 14, Mongolian People’s Revolutionary Party (MPRP) holds a conference today, May 16 to select a new nominee for the upcoming Presidential Election.

On May 14, the General Election Commission reported that it registers two nominees – M.Enkhbold, nominee of Mongolian People’s Party and Kh.Battulga, nominee of Democratic Party and rejects MPRP nominee N.Enkhbayar on the grounds of three faults in his file.

In cases of objections to registering a nominee, the election law regulates that the party can either submit the pending documents or propose a different nominee. MPRP thus meets today to select a different nominee to represent the party in the election.

At the moment, it’s clear that the nomination of member of MPRP, lawyer S.Narangerel is up for discussion at the conference, and no other name has been publicly announced by the party.

The General Election Commission will make a public and final announcement on the presidential candidates on May 17, Wednesday.
Kh.Aminaa

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IT majors praise plan for a digital silk road www.chinadaily.com.cn

 
China aims to build a digital silk road as it identifies innovation as the driving force to pursue the Belt and Road Initiative, President Xi Jinping said on Sunday.
 
The nation will focus on frontier areas such as digital economy, artificial intelligence, nanotechnology and quantum computing, Xi told the Belt and Road Forum for International Cooperation in Beijing.
 
"Innovation is an important force powering development. The Belt and Road Initiative is new by nature and we need to encourage innovation in pursuing this initiative," he said.
 
Xi stressed the importance of advancing the development of big data, cloud computing and smart cities.
 
Alibaba Cloud, China's largest cloud computing provider, announced on Friday it will establish a data center in Malaysia this year, providing local and regional enterprises with scalable and cost-effective cloud capabilities.
 
Simon Hu, president of Alibaba Cloud, said the planned investment will add to its existing data centers in 14 locations worldwide, and will enhance future deployment in economies related to the Belt and Road Initiative as more Chinese companies conduct business there.
 
"President Xi's emphasis on digital economy and financial technology suggests huge potential to be unleashed under the Belt and Road Initiative, and is an orchestra baton to fintech firms that want to expand overseas," said ShengJia, chief executive officer of NCF Group, a payment platform for internet finance.
 
As the Belt and Road Initiative is set to push overseas investments to new heights, China should establish smart platforms using big data technologies to facilitate trade and investment, said Wu Qi, global vice-president of the consultancy Accenture.
 
Jack Ma, founder and chairman of Alibaba Group Holding Ltd, said at the forum that "the Belt and Road Initiative is what China has for future. The world will admire you not because of the GDP number but what you do to contribute to the growth of other countries".
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Chinalco wants to be sole owner of world’s largest iron ore deposit www.mining.com

Aluminum Corp. of China, better known as Chinalco, is said to have approached the Guinean government with a proposal to take over the entire Simandou iron ore project, the world’s largest untapped resource of the steelmaking ingredient.

The moves comes about seven months after Rio Tinto (ASX, LON:RIO) agreed to sell to the Chinese company its 46.6% stake in the giant project for up to $1.3bn. The deal gave Chinalco almost 80% of the project, with the Guinean government holding the rest.

While the requested parts of the project belong to Guinea, they are at the centre of litigation between it and Israeli billionaire Benny Steinmetz's BSGR.
The state-owned miner's written proposal for Simandou, Reuters reports, was sent to the government in March and included a motion to take over blocks 1 and 2 before it starts developing 3 and 4.

Simandou with over 2 billion tonnes of reserves and some of the highest grades for direct-shipping-ore in the industry (66% – 68% Fe which attracts premium pricing) has a chequered history.

It was originally discovered by Rio Tinto, which held the licence for the entire deposit since the early 1990s. In 2008 the firm was stripped of the northern blocks by a former dictator of the country.

BSG Resources acquired the concession later that year after spending $160 million exploring the property. In 2010, it sold 51% to Vale for $2.5 billion.

The Rio de Janeiro-based company stopped paying after the first $500 million after missing a number of development milestones. Then the new Guinean government launched a review of all mining contracts awarded under previous regimes, including an investigation into the Vale-BSGR joint venture which concluded the later had won its mining rights through corruption.

The Guinean inquiry cleared Vale of any involvement in the alleged corruption.

To date BSGR denies the allegations and even launched arbitration proceedings against Guinea last year.

Shortly after, Rio —the world's number two producer of iron ore — officially pulled the plug on the project. Following an internal probe, the company alerted US and UK authorities in November of a $10.5 million payment made in 2011 to a French investment banker involved in helping Rio obtain its mining rights over Simandou.

With complete control over Simandou, Beijing would be a step closer to securing iron ore supply for its vast economy for decades to come.

China consumes more than 70% of the world's seaborne iron ore and imports have been gradually displacing domestic production, which has pushed dozens of local iron ore mines into bankruptcy in the past two years.

 
 
 
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