I must clarify that the $180,000 is being used exclusively abroad or by our regional offices. The other tools that we have just presented will be financed through our own funds. As these resources are to be used exclusively for the extractive industry, many of our missions abroad can be eliminated.
Last year, we were still able to hold an impressive number of seminars and conferences, often with other partners. In those cases, the only costs that applied were the transportation costs of our invited experts. Often, our missions organize one or two-day conferences in collaboration with local governments and civil society. During these conferences, we promote corporate social accountability and the obligations our companies must fulfil in that context.
With very little money, we have also been able to organize 20 or so different presentations in Africa, and primarily in Latin America, presentations which are ongoing this year. We have $180,000 each year.
The missions give us concrete proposals of what they wish to do. I believe that the maximum amount allocated to each project is perhaps in the order of $10,000, but the average is $7,000 to $8,000 per initiative; these events attract some 100 to 150 people, and rooms are filled to capacity.