00:00Azen had a very clear position, and I'm sure you're familiar with, and we have stayed with that position.
00:08Now maybe it's time to, what we were talking about was not talking about changing our position
00:15or changing the things that we are aspiring to achieve, but perhaps seeing this methodology could be better
00:24or could be fine-tuned further.
00:29And one of the arguments that was made is that the world has turned how many times since we started
00:37this discussion,
00:38since we started having to deal with this situation, and perhaps the context has changed a little bit,
00:45and maybe we should take that into account.
00:47So it's still a very, it's still a thorny problem for which we cannot say that there are obvious solutions,
00:56but there has been a nano-shift, perhaps, in the approach to the situation in Myanmar.
01:09The situation right now is very different from each country.
01:15Some countries have a surplus of a certain kind of fuel, other people have shortage, and we're trying to balance
01:22that out.
01:22But beyond that is the reserve, so that we have something in reserve.
01:30And when something like this happens, a war happens, a trade route like the Strait of Hormuz is closed,
01:38and with all the attendant effects, we have somewhere to immediately run to for emergency supply.
01:45That's more what we discussed.
01:48What we are working for is the continued freedom of navigation and the peaceful, the peaceful navigation in South China
01:58Sea.
01:59As we all know, a large percentage of world trade goes to the South China Sea.
02:05The Strait of Hormuz is 20% of the entire oil supply of the world, and we are all very
02:13aware of the effects of that.
02:16But if such a thing would happen in the South China Sea, the inevitable consequences would be alarming, just to
02:28even think about.
02:29And so that is the point of that maritime center.
02:32For making this center fully operational, and how soon can we expand?
02:38Manager area, especially like the web...
02:43Flight chains and the financial market and people's daily life.
02:47So how...
02:48The status of Myanmar in ASEAN, is it a recognition of...
02:53Thanks very much for that.
02:55Good afternoon.
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