Thank you, Mr. Julian.
Good morning to all committee members.
Yes, chapter 8 of the Canada-Peru FTA includes a provision on expropriation, so in the event of an expropriation, including an indirect expropriation, there must be prompt, adequate compensation. It's clearly set out in the article on expropriation. It's accompanied by an annex that gives guidance to tribunals on how indirect expropriation would be interpreted. It's very clear on that.