Thank you, Mr. Fonseca.
First of all, the sanctions work. There are very strong and convincing studies that actually calculate the damage that was done to the Russian economy by the sanctions. This means it has slowed down economic growth for Russia. In very practical terms, this means they have much less money to spend on waging war against Ukraine and on waging other clear, aggressive actions against the free world, so sanctions work.
There are several avenues for our consideration for the future. First is the Magnitsky legislation. It was a very important decision by the Canadian Parliament, and we would like to see it working against those Russian individuals who are responsible for corruption and for human rights violations. Second is sectoral sanctions. I think we should think about SWIFT and everything that goes with that. Also, I think we should pay attention to how Russia deals with its sovereign debt. We should make sure the Russians do not have an easy walk finding money in international markets to cover their sovereign debt. One final comment is that we should look into Black Sea activities and we should probably punish Russia and its ships for violating international rules.