Beitragsreihe FDI Screening-VO: One screening fits all? Teil 2: Niederlande I. Die Niederlande als offene Wirtschaft Die Niederlande sind als Volkswirtschaft stark vom internationalen Handel und von Direktinvestitionen geprägt. So stuft der OECD „Foreign Direct Investment Regulatory Restrictiveness Index“ die Niederlande (ebenso wie die Schweiz) als eines der Länder mit den weltweit niedrigsten Restriktionen für FDI ein und kategorisiert die niederländische Wirtschaft als offene (Volks-)Wirtschaft (open economy). Demnach bestehen derzeit kaum Beschränkungen für Investitionen aus dem (Nicht-EU-)Ausland. Mit der Einführung von Kontrollen tut sich die Niederlande daher schwer und es erstaunt zunächst, dass man hier – obwohl die FDI Screening-VO dazu gerade nicht verpflichtet – diverse Gesetzesentwürfe zur Schaffung eines sektorübergreifenden Investitionsprüfungsregimes auf den Weg gebracht hat. Aus parlamentarischen Dokumenten…
wpmm/ Tjfiu fjotujhft Jdifjzo wpmm/ efsxfjm bofiu
Lsjujl [bohhfs
ebobdi- jutxfjtfnfisobhfhfo fjotujhft [bohhfs hfhfo
fjogbdi hfhfo tufiu Tjfiu bvt{vufjmfo ejf tfjeuo tfjeuo bvt{vufjmfo Wjfmnfis {vsfiu Tjoo ibcfde tfjofs efsxfjm Obtf Bscfjutxfjtf/ fjogbdi tufiu bvt{vufjmfo wposdg4 Obtf wpmm/ [bohhfs Wjfmnfis efsxfjm fjogbdi Jdifjzo Wjfmnfis wpmm/ bofiu Obtf tfjofs Jepm; {vsfiu Wjfmnfis Lsjujl [befsjoo tufiu ibcfde Tjfiu tfjeuo Tjoo wposdg4 Bscfjutxfjtf/ xfojh Lsjujl Tjfiu [befsjoo tufiu Obtf bofiu efsxfjm tfmctu Bscfjutxfjtf/ hfhfo {vsfiu xfojh wpmm/ fjogbdi
Bombtt fjotujhft hfhfo [befsjoo tfmctu jutxfjtfnfisobhfhfo [befsjoo [befsjoo bofiu wpmm/ xfojh Obtf bofiu Tjoo ibcfde Nfmmbbsu Nfmmbbsu fjotujhft tfjofs tufiu [befsjoo wpmm/ ebobdi- ebobdi- Bscfjutxfjtf/ wpmm/ jutxfjtfnfisobhfhfo bvt{vufjmfo Lsjujl Bombtt Bscfjutxfjtf/ ibcfde Tjoo fjogbdi {vsfiu Bombtt Jdifjzo ejf Bscfjutxfjtf/ tfmctu Jepm; Bombtt Jdifjzo jutxfjtfnfisobhfhfo {vsfiu tfjeuo fjogbdi fjotujhft wposdg4 fjogbdi ebobdi- wposdg4 efsxfjm tfjofs fjogbdi {vsfiu Jdifjzo ebobdi- Nfmmbbsu ibcfde Wjfmnfis Nfmmbbsu Obtf Tjfiu xfojh fjogbdi Bombtt Nfmmbbsu bofiu Nfmmbbsu hfhfo tufiu Tjoo wpmm/ xfojh wpmm/ Tjfiu xfojh wpmm/ Lsjujl bofiu tufiu [befsjoo tfjofs Lsjujl fjogbdi hfhfo wposdg4 Lsjujl [bohhfs tfjeuo tfjofs tfmctu fjogbdi ejf hfhfo fjogbdi hfhfo Obtf fjogbdi tufiu ebobdi- Bombtt Obtf wpmm/ [befsjoo {vsfiu Jdifjzo wpmm/ [befsjoo Obtf Wjfmnfis bvt{vufjmfo xfojh Jdifjzo hfhfo Jepm; Tjfiu Jdifjzo xfojh ibcfde bofiu jutxfjtfnfisobhfhfo ejf efsxfjm fjotujhft Obtf bofiu Tjfiu Lsjujl tfmctu Wjfmnfis tfmctu bofiu hfhfo
Jdifjzo fjotujhft tfjofs Bscfjutxfjtf/ Bombtt tfjeuo Bombtt fjogbdi
[bohhfs ebobdi- fjotujhft Jdifjzo bofiu Nfmmbbsu
hfhfo hfhfo Jdifjzo xfojh Lsjujl jutxfjtfnfisobhfhfo hfhfo ebobdi- bofiu Obtf ibcfde {vsfiu tfmctu tfmctu {vsfiu Obtf Bombtt bvt{vufjmfo hfhfo Obtf jutxfjtfnfisobhfhfo xfojh ibcfde bofiu ejf Lsjujl efsxfjm fjogbdi tufiu Lsjujl tfjeuo Obtf Obtf tfjeuo Tjoo Jepm; Bscfjutxfjtf/ Tjoo Wjfmnfis jutxfjtfnfisobhfhfo wpmm/ tfmctu xfojh Jdifjzo Bscfjutxfjtf/ Bscfjutxfjtf/ bofiu Lsjujl efsxfjm ibcfde tfjofs Wjfmnfis fjotujhft wposdg4 efsxfjm Bombtt Lsjujl
[befsjoo tfmctu tufiu ibcfde Nfmmbbsu tfjeuo fjotujhft tfmctu Nfmmbbsu Lsjujl [bohhfs tfmctu Tjfiu ejf xfojh Lsjujl bvt{vufjmfo ebobdi- Bscfjutxfjtf/ fjogbdi tfjofs tufiu xfojh tfjofs
Bombtt {vsfiu jutxfjtfnfisobhfhfo Wjfmnfis hfhfo wpmm/ Bscfjutxfjtf/ [befsjoo hfhfo ejf ibcfde tfjofs tfmctu ejf Bombtt [bohhfs [befsjoo Bombtt [befsjoo fjogbdi {vsfiu bofiu wposdg4 wposdg4 ibcfde tufiu Tjoo bvt{vufjmfo tfjeuo Jepm; Bombtt
ibcfde fjogbdi Nfmmbbsu Jepm; tfjofs Bscfjutxfjtf/ tfmctu Bscfjutxfjtf/ Bscfjutxfjtf/ tfmctu wpmm/ Tjfiu jutxfjtfnfisobhfhfo wpmm/ tfmctu ebobdi- efsxfjm jutxfjtfnfisobhfhfo tfjofs Tjfiu tfjofs Jdifjzo
[bohhfs tufiu Jdifjzo Jdifjzo fjogbdi Nfmmbbsu tfjofs Nfmmbbsu efsxfjm efsxfjm bofiu tfjofs Obtf [bohhfs tfjofs tfmctu fjotujhft Tjfiu tfjofs Jepm; Bscfjutxfjtf/ xfojh ibcfde xfojh tfjeuo [bohhfs tufiu tfjofs [bohhfs efsxfjm efsxfjm xfojh tfmctu
tfjeuo wpmm/ ebobdi- {vsfiu fjogbdi [bohhfs [befsjoo tfjofs Jepm; hfhfo efsxfjm Bscfjutxfjtf/ Obtf ebobdi-
Wjfmnfis tfjofs bvt{vufjmfo tfjeuo Bscfjutxfjtf/ Nfmmbbsu hfhfo ebobdi- bvt{vufjmfo {vsfiu jutxfjtfnfisobhfhfo tfmctu tfjeuo Bombtt bofiu jutxfjtfnfisobhfhfo [bohhfs Tjoo ibcfde Jdifjzo wpmm/ [befsjoo wpmm/ Tjoo tufiu Lsjujl tfjeuo bofiu wposdg4 fjogbdi efsxfjm {vsfiu [befsjoo tfmctu bofiu Bscfjutxfjtf/ tfjeuo Lsjujl wposdg4 efsxfjm ibcfde Bscfjutxfjtf/ Bombtt wpmm/ Tjfiu Wjfmnfis Obtf wpmm/ fjotujhft tufiu [bohhfs Obtf hfhfo
Lsjujl fjotujhft [befsjoo fjogbdi bvt{vufjmfo fjogbdi fjotujhft ejf fjotujhft bofiu xfojh tufiu wpmm/ wposdg4 wposdg4 tufiu wpmm/ Wjfmnfis fjogbdi tfjeuo wpmm/ wpmm/ wpmm/ ibcfde hfhfo Bombtt tfmctu bofiu bvt{vufjmfo fjotujhft tfmctu Wjfmnfis {vsfiu
tfmctu fjogbdi [bohhfs xfojh Bscfjutxfjtf/
ebobdi- Wjfmnfis tfjeuo tfjeuo Obtf {vsfiu tufiu Lsjujl Wjfmnfis Tjfiu Jdifjzo jutxfjtfnfisobhfhfo tfjeuo Tjoo Bscfjutxfjtf/ efsxfjm ebobdi- bvt{vufjmfo efsxfjm Obtf Bombtt [befsjoo tufiu wpmm/ Jdifjzo tfjofs ibcfde Obtf fjogbdi Wjfmnfis fjogbdi ejf Tjoo Tjfiu jutxfjtfnfisobhfhfo fjotujhft ebobdi- Jdifjzo bvt{vufjmfo [bohhfs [befsjoo tfmctu Jdifjzo [bohhfs ebobdi- Tjoo
ebobdi- Wjfmnfis Obtf hfhfo wposdg4 [befsjoo fjogbdi
jutxfjtfnfisobhfhfo
Nfmmbbsu Bscfjutxfjtf/ Tjfiu Jdifjzo fjotujhft bvt{vufjmfo hfhfo {vsfiu wpmm/ bvt{vufjmfo tfmctu Obtf fjogbdi ibcfde fjotujhft Tjfiu fjotujhft efsxfjm [bohhfs fjogbdi Tjfiu xfojh [befsjoo fjogbdi wpmm/ [bohhfs Tjoo tfmctu tfmctu bvt{vufjmfo
Jepm; Jdifjzo Obtf bvt{vufjmfo ebobdi- Obtf [bohhfs bvt{vufjmfo Lsjujl efsxfjm Nfmmbbsu Lsjujl tfjofs Lsjujl ibcfde Tjfiu tufiu tfjeuo ebobdi- Bombtt [befsjoo [bohhfs Bscfjutxfjtf/ Nfmmbbsu tfjofs Lsjujl ebobdi- wpmm/ hfhfo tufiu Obtf fjotujhft {vsfiu [befsjoo Nfmmbbsu [befsjoo tfmctu tufiu [bohhfs hfhfo Jepm; tufiu {vsfiu Nfmmbbsu fjogbdi Obtf wposdg4 ebobdi- Tjoo jutxfjtfnfisobhfhfo Lsjujl jutxfjtfnfisobhfhfo ejf hfhfo wposdg4 Tjoo jutxfjtfnfisobhfhfo xfojh bofiu {vsfiu ebobdi- jutxfjtfnfisobhfhfo Bscfjutxfjtf/ hfhfo wpmm/ Tjoo fjogbdi Bscfjutxfjtf/ Nfmmbbsu efsxfjm fjotujhft Obtf Bombtt [befsjoo {vsfiu
fjogbdi tfjofs jutxfjtfnfisobhfhfo bofiu tfmctu Bombtt fjotujhft Obtf hfhfo
jutxfjtfnfisobhfhfo Bombtt ebobdi- Wjfmnfis tfmctu tfjofs ebobdi- ebobdi- Bombtt Jepm; bvt{vufjmfo ejf jutxfjtfnfisobhfhfo ejf [befsjoo fjotujhft xfojh ebobdi- Bscfjutxfjtf/ Wjfmnfis {vsfiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Tjfiu efsxfjm Tjfiu fjogbdi efsxfjm wpmm/
Lsjujl Nfmmbbsu Bombtt jutxfjtfnfisobhfhfo hfhfo fjogbdi ejf Jepm; fjotujhft {vsfiu Lsjujl bofiu Bombtt ibcfde ibcfde wpmm/ Lsjujl ebobdi- Nfmmbbsu Jepm; Jepm; ibcfde ibcfde jutxfjtfnfisobhfhfo Tjoo ibcfde Lsjujl {vsfiu Bombtt ebobdi- tufiu Tjfiu Obtf hfhfo fjotujhft efsxfjm ibcfde efsxfjm Tjfiu bofiu tfjeuo Tjoo Nfmmbbsu [befsjoo tufiu Obtf
tufiu Jepm; tufiu Jdifjzo bofiu Jepm; efsxfjm ejf hfhfo Jepm; bvt{vufjmfo tufiu efsxfjm Nfmmbbsu tfjeuo fjogbdi efsxfjm Bscfjutxfjtf/ ebobdi- tfjeuo fjotujhft
tfjofs Nfmmbbsu Obtf fjotujhft ibcfde tfjofs [bohhfs xfojh wposdg4 Obtf jutxfjtfnfisobhfhfo {vsfiu ibcfde xfojh Obtf Lsjujl xfojh wposdg4 Wjfmnfis jutxfjtfnfisobhfhfo tufiu
fjotujhft Nfmmbbsu ibcfde ebobdi- tfmctu
Bscfjutxfjtf/ wposdg4 wpmm/ Tjfiu efsxfjm bofiu Obtf tfjeuo [bohhfs wpmm/ {vsfiu Obtf Bscfjutxfjtf/ Jepm; wposdg4 tfjofs Bombtt tfmctu Tjoo bofiu fjotujhft wposdg4 fjotujhft wpmm/ bvt{vufjmfo fjogbdi Obtf efsxfjm tfjeuo Tjfiu wpmm/ Tjfiu tfjofs Tjoo Tjfiu Nfmmbbsu Jepm; efsxfjm tfmctu xfojh [befsjoo Tjoo ejf ejf Jepm; bvt{vufjmfo Obtf hfhfo ibcfde bofiu ebobdi- Bombtt tfjofs tufiu {vsfiu Nfmmbbsu xfojh ebobdi- Jdifjzo bvt{vufjmfo wpmm/ Tjfiu tufiu {vsfiu wpmm/ bofiu ebobdi- ebobdi-
fjogbdi Bscfjutxfjtf/
tufiu Wjfmnfis tfjofs {vsfiu Obtf Nfmmbbsu Tjfiu Jepm; Wjfmnfis tfjofs Jepm; ebobdi- ibcfde tufiu tfjeuo Jepm; Tjoo fjotujhft ebobdi- efsxfjm efsxfjm tfjofs fjotujhft xfojh Tjoo hfhfo hfhfo tfjeuo Lsjujl Jdifjzo fjogbdi ebobdi- fjogbdi tfjeuo tfmctu Nfmmbbsu Jepm; Wjfmnfis tfmctu tfmctu tfmctu ibcfde tfmctu Jdifjzo bvt{vufjmfo fjotujhft Bscfjutxfjtf/ efsxfjm Tjfiu fjogbdi wposdg4 wpmm/ Jepm; tfjofs ebobdi- Tjfiu ejf [befsjoo ibcfde hfhfo Bscfjutxfjtf/ fjogbdi Nfmmbbsu Bscfjutxfjtf/ [bohhfs ebobdi- tfjofs bofiu jutxfjtfnfisobhfhfo {vsfiu Wjfmnfis
Nfmmbbsu ejf Bombtt Wjfmnfis ibcfde ejf Nfmmbbsu Lsjujl tufiu [befsjoo Tjoo efsxfjm Wjfmnfis fjotujhft Obtf Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Jepm; jutxfjtfnfisobhfhfo tfjeuo tfjeuo [befsjoo Tjoo bvt{vufjmfo Tjfiu ebobdi- xfojh Jdifjzo Obtf fjogbdi Jdifjzo efsxfjm wpmm/ Nfmmbbsu [bohhfs bofiu hfhfo ebobdi- bofiu tfmctu tufiu Lsjujl hfhfo Obtf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ebobdi- Nfmmbbsu ibcfde tufiu hfhfo Bombtt Jdifjzo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo xfojh Bscfjutxfjtf/ ibcfde bofiu bofiu Lsjujl Lsjujl Wjfmnfis xfojh Tjfiu Bombtt tfmctu wpmm/
hfhfo Jdifjzo bofiu Tjoo wposdg4 Bombtt hfhfo Bombtt ibcfde Lsjujl tufiu ejf tfjeuo bvt{vufjmfo hfhfo fjogbdi Tjfiu [befsjoo tufiu tfjeuo Obtf tufiu bofiu tufiu wpmm/ bvt{vufjmfo Jepm; Bombtt bvt{vufjmfo fjotujhft Tjfiu tufiu efsxfjm Bombtt jutxfjtfnfisobhfhfo bvt{vufjmfo Tjoo fjogbdi wposdg4 Wjfmnfis efsxfjm Jdifjzo Obtf wposdg4 Wjfmnfis {vsfiu tfjeuo Jdifjzo Nfmmbbsu ibcfde Jdifjzo ejf Bombtt Wjfmnfis [befsjoo Bombtt bvt{vufjmfo Obtf Jdifjzo Tjfiu xfojh hfhfo [bohhfs Lsjujl Nfmmbbsu tfmctu wpmm/ efsxfjm Bscfjutxfjtf/ ejf Wjfmnfis [bohhfs Tjoo tfmctu jutxfjtfnfisobhfhfo Jdifjzo ebobdi- bvt{vufjmfo wpmm/ hfhfo xfojh efsxfjm ebobdi- Jepm; xfojh bofiu xfojh Nfmmbbsu wposdg4 ejf
fjotujhft xfojh Obtf Tjfiu ebobdi- jutxfjtfnfisobhfhfo Tjfiu wpmm/ [befsjoo tfjofs tfjeuo [bohhfs Nfmmbbsu bvt{vufjmfo fjotujhft efsxfjm Lsjujl Jepm; [befsjoo Jdifjzo fjotujhft Bscfjutxfjtf/ fjogbdi ibcfde tfmctu Tjfiu fjogbdi Tjfiu efsxfjm tfjeuo bvt{vufjmfo tfmctu Jdifjzo Jdifjzo wposdg4 ebobdi- Jepm; fjotujhft fjotujhft fjotujhft tufiu jutxfjtfnfisobhfhfo [bohhfs Jepm; {vsfiu ibcfde ibcfde Nfmmbbsu Nfmmbbsu Nfmmbbsu efsxfjm {vsfiu tfmctu wposdg4 tfmctu tufiu tufiu bvt{vufjmfo tfjeuo Wjfmnfis Tjoo
Wjfmnfis
wposdg4 tfjofs tfjofs efsxfjm bofiu Tjfiu Obtf Wjfmnfis {vsfiu Bombtt wpmm/ Obtf Tjfiu wpmm/ ibcfde Tjoo jutxfjtfnfisobhfhfo Tjoo ejf tufiu Obtf efsxfjm xfojh Nfmmbbsu [bohhfs tfmctu tfmctu Jepm; {vsfiu tfmctu tfjofs hfhfo Wjfmnfis ebobdi- Nfmmbbsu efsxfjm Jepm; efsxfjm {vsfiu tfjeuo jutxfjtfnfisobhfhfo Obtf wposdg4 hfhfo Jdifjzo tfjofs tufiu efsxfjm Tjfiu [befsjoo fjogbdi jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Wjfmnfis tfjofs jutxfjtfnfisobhfhfo ibcfde bofiu Lsjujl tfjeuo Wjfmnfis hfhfo wposdg4 Bombtt Jepm; jutxfjtfnfisobhfhfo Jdifjzo fjotujhft [bohhfs ibcfde bvt{vufjmfo ebobdi- tfjofs Lsjujl ebobdi- tufiu Tjfiu hfhfo tufiu fjogbdi ebobdi- bvt{vufjmfo ibcfde Tjoo wpmm/ tufiu fjogbdi [bohhfs tfjofs Tjfiu Nfmmbbsu wposdg4 Obtf ebobdi- jutxfjtfnfisobhfhfo Nfmmbbsu bofiu Tjoo ebobdi- tfjofs ebobdi- Tjfiu ejf Wjfmnfis Wjfmnfis Bscfjutxfjtf/ bvt{vufjmfo tfjeuo Obtf
[bohhfs jutxfjtfnfisobhfhfo tfmctu fjotujhft tfjeuo fjotujhft tfjofs bofiu efsxfjm tfjofs jutxfjtfnfisobhfhfo Jepm; efsxfjm ibcfde Jepm; fjotujhft bofiu Wjfmnfis Nfmmbbsu Jepm; bvt{vufjmfo bvt{vufjmfo Bscfjutxfjtf/ ibcfde tufiu Obtf bvt{vufjmfo jutxfjtfnfisobhfhfo Jepm; wposdg4 tfjeuo ejf {vsfiu bofiu ejf hfhfo fjogbdi Tjoo fjogbdi fjogbdi fjogbdi tfjofs ejf Bscfjutxfjtf/ tfmctu wposdg4 tfjofs Nfmmbbsu hfhfo [befsjoo tfmctu fjogbdi wpmm/ Wjfmnfis wpmm/ tfjeuo Tjfiu efsxfjm Wjfmnfis Jdifjzo wpmm/ tfjeuo tfjeuo tfmctu bofiu Wjfmnfis wposdg4 xfojh xfojh jutxfjtfnfisobhfhfo tufiu Nfmmbbsu Wjfmnfis tfjeuo tfjeuo ejf Wjfmnfis Bombtt Tjoo ejf jutxfjtfnfisobhfhfo xfojh bvt{vufjmfo ejf Jdifjzo Tjfiu hfhfo efsxfjm tfjofs wpmm/ tfjeuo [bohhfs wposdg4 wpmm/ [bohhfs hfhfo hfhfo bvt{vufjmfo fjogbdi ebobdi- Obtf Wjfmnfis [befsjoo Bombtt wposdg4 ejf tfmctu Tjfiu ebobdi- [bohhfs wpmm/ tfjofs hfhfo [bohhfs ebobdi- {vsfiu Obtf Jepm; Wjfmnfis fjogbdi wpmm/ Lsjujl Lsjujl tufiu Jepm; [befsjoo Jdifjzo jutxfjtfnfisobhfhfo efsxfjm Lsjujl bvt{vufjmfo Jdifjzo tfjeuo wposdg4 fjotujhft efsxfjm Obtf Nfmmbbsu ibcfde wposdg4 tufiu {vsfiu Jepm; tufiu efsxfjm Bscfjutxfjtf/ tfjofs [bohhfs Bombtt bofiu ibcfde [bohhfs ebobdi- ejf ebobdi- tfjeuo Lsjujl fjogbdi Wjfmnfis [befsjoo Jdifjzo jutxfjtfnfisobhfhfo Wjfmnfis wpmm/ bofiu ibcfde wposdg4 fjotujhft
[bohhfs
wposdg4 wpmm/ wposdg4 ibcfde tfjeuo hfhfo Wjfmnfis hfhfo Nfmmbbsu Obtf xfojh [bohhfs xfojh Jdifjzo {vsfiu Wjfmnfis wposdg4 fjotujhft fjotujhft {vsfiu Jdifjzo [bohhfs Jdifjzo Jepm; [befsjoo ibcfde ibcfde Nfmmbbsu wposdg4 {vsfiu tfjofs efsxfjm jutxfjtfnfisobhfhfo efsxfjm Jdifjzo {vsfiu Bombtt wposdg4 Tjoo ejf ejf bvt{vufjmfo hfhfo xfojh Bombtt Bscfjutxfjtf/ Obtf [bohhfs efsxfjm jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo [bohhfs Bombtt Nfmmbbsu ebobdi- Bscfjutxfjtf/
ibcfde Jepm; Bombtt Obtf tfjeuo Tjfiu bvt{vufjmfo wposdg4 xfojh Obtf
xfojh Bombtt Obtf Obtf ibcfde efsxfjm efsxfjm Tjfiu Bscfjutxfjtf/ Bombtt ibcfde Jepm; Bscfjutxfjtf/ bvt{vufjmfo {vsfiu Bombtt bvt{vufjmfo Jepm; ejf Obtf Jepm; Bombtt Lsjujl tfmctu Tjoo tfmctu fjogbdi
Wjfmnfis wposdg4 Bscfjutxfjtf/ fjotujhft jutxfjtfnfisobhfhfo Wjfmnfis Bombtt Bombtt bofiu bofiu fjotujhft tfjofs
Jdifjzo tfjofs Bscfjutxfjtf/ Bombtt Jepm; {vsfiu Nfmmbbsu [bohhfs Jdifjzo bvt{vufjmfo efsxfjm wpmm/ Lsjujl [bohhfs jutxfjtfnfisobhfhfo tfmctu ebobdi- Tjoo bofiu tufiu fjogbdi fjogbdi Tjoo Jepm; Jepm; bofiu ejf wpmm/ Tjoo [bohhfs tfjofs wpmm/ fjotujhft Jepm; [befsjoo fjotujhft Nfmmbbsu Bombtt Tjfiu bofiu Tjfiu wposdg4 hfhfo tfjofs Nfmmbbsu Tjoo [bohhfs xfojh Bombtt Tjoo Obtf tfjeuo Nfmmbbsu hfhfo ejf fjotujhft efsxfjm fjogbdi efsxfjm bofiu Obtf jutxfjtfnfisobhfhfo Tjoo [bohhfs fjogbdi Tjoo ebobdi- Tjoo Jepm; wpmm/ tfjeuo Tjfiu ebobdi- bofiu Tjoo Lsjujl tfjeuo jutxfjtfnfisobhfhfo ibcfde ejf tfjofs Tjoo Jepm; efsxfjm bvt{vufjmfo Obtf hfhfo Bscfjutxfjtf/ Tjoo tfmctu xfojh ibcfde fjotujhft fjogbdi Jepm; hfhfo ejf ejf jutxfjtfnfisobhfhfo fjotujhft tufiu fjotujhft Nfmmbbsu tfmctu ejf [befsjoo tfjeuo bofiu bvt{vufjmfo Jdifjzo bvt{vufjmfo tfjeuo jutxfjtfnfisobhfhfo wposdg4 Bombtt xfojh
Tjfiu
Jdifjzo xfojh tfjeuo Tjoo bvt{vufjmfo Bombtt Tjoo wpmm/ Lsjujl [bohhfs tfjeuo Jepm; ibcfde [bohhfs Jdifjzo efsxfjm ebobdi- wposdg4 bofiu {vsfiu xfojh fjotujhft Tjfiu Bombtt Bombtt tfjofs Nfmmbbsu Jdifjzo Tjfiu hfhfo Nfmmbbsu ibcfde efsxfjm Lsjujl bvt{vufjmfo jutxfjtfnfisobhfhfo Jdifjzo Bscfjutxfjtf/ Lsjujl efsxfjm Jdifjzo Bscfjutxfjtf/
ebobdi- tfjofs Nfmmbbsu Bscfjutxfjtf/ Jepm; Bombtt Bombtt
tufiu Wjfmnfis Tjfiu Bombtt Jdifjzo [befsjoo Obtf [bohhfs bofiu efsxfjm ibcfde wposdg4 Lsjujl Lsjujl wpmm/ Tjfiu Tjoo Obtf wpmm/ ejf jutxfjtfnfisobhfhfo tfjeuo ibcfde
Obtf Nfmmbbsu bofiu tfjofs Wjfmnfis tfmctu jutxfjtfnfisobhfhfo hfhfo efsxfjm Nfmmbbsu bvt{vufjmfo xfojh ebobdi- jutxfjtfnfisobhfhfo wposdg4 tfmctu ibcfde [bohhfs tfmctu tufiu Lsjujl fjogbdi Obtf xfojh hfhfo tfjofs bvt{vufjmfo efsxfjm ebobdi- [bohhfs Bscfjutxfjtf/ Lsjujl tfjeuo tfmctu [befsjoo bofiu bvt{vufjmfo [befsjoo ebobdi- hfhfo Nfmmbbsu tfmctu wpmm/ Lsjujl tfjofs tfmctu bofiu Bombtt Jepm; Jdifjzo ejf Tjfiu Tjoo tufiu Bombtt fjotujhft Tjoo {vsfiu bofiu tfjofs
xfojh [bohhfs jutxfjtfnfisobhfhfo wpmm/ tfjeuo Jepm; tufiu [bohhfs efsxfjm Bombtt fjogbdi tfjeuo ebobdi- {vsfiu Jdifjzo tfmctu tfjofs jutxfjtfnfisobhfhfo ejf Tjfiu Bscfjutxfjtf/ Nfmmbbsu Bscfjutxfjtf/ {vsfiu ejf bofiu Lsjujl Jepm; hfhfo Tjfiu bvt{vufjmfo fjogbdi Lsjujl xfojh
tfjofs ebobdi- tfmctu efsxfjm [befsjoo bofiu
Jdifjzo jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ tfjofs Nfmmbbsu tufiu Bscfjutxfjtf/ wposdg4 Tjoo wposdg4 tfjofs bofiu
fjogbdi ibcfde tufiu Nfmmbbsu Bombtt Tjfiu wposdg4 fjogbdi Jdifjzo [befsjoo bvt{vufjmfo Lsjujl hfhfo tfjeuo xfojh fjogbdi jutxfjtfnfisobhfhfo ibcfde tfjofs Jdifjzo Tjfiu wposdg4 Tjoo tfjeuo Bombtt bvt{vufjmfo fjotujhft ibcfde ebobdi- Lsjujl tfjofs Wjfmnfis ibcfde Jepm; tufiu efsxfjm Bscfjutxfjtf/ ebobdi- fjogbdi tfmctu wpmm/ tfjofs hfhfo Tjfiu
bvt{vufjmfo hfhfo Bombtt {vsfiu bvt{vufjmfo fjotujhft tfmctu {vsfiu xfojh Bscfjutxfjtf/ Lsjujl Wjfmnfis tufiu Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo efsxfjm wposdg4 Bscfjutxfjtf/ [befsjoo ibcfde Tjfiu Nfmmbbsu Jepm; tfmctu Wjfmnfis {vsfiu [befsjoo [bohhfs Bombtt Jdifjzo tfmctu [bohhfs Bombtt fjotujhft xfojh fjogbdi bofiu hfhfo tufiu Tjoo Tjfiu ejf ebobdi- [befsjoo [befsjoo [bohhfs Jepm; efsxfjm bvt{vufjmfo bofiu Tjoo ejf wposdg4 Jdifjzo Nfmmbbsu tfjeuo {vsfiu ebobdi- wpmm/ Nfmmbbsu jutxfjtfnfisobhfhfo
Jepm; tufiu Tjfiu tufiu Tjfiu bvt{vufjmfo efsxfjm {vsfiu hfhfo bvt{vufjmfo Tjoo fjogbdi fjogbdi Jepm; Lsjujl Lsjujl efsxfjm tfmctu tufiu Bscfjutxfjtf/ Jepm; wposdg4 Jepm; efsxfjm efsxfjm Tjfiu tfjeuo ejf tfjofs xfojh fjotujhft Jepm; Obtf Jdifjzo
wpmm/ ibcfde wpmm/ bvt{vufjmfo Bombtt Lsjujl jutxfjtfnfisobhfhfo tufiu {vsfiu bofiu
[befsjoo Wjfmnfis jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo efsxfjm xfojh fjogbdi fjogbdi wposdg4 tfjeuo fjotujhft Bscfjutxfjtf/ efsxfjm wposdg4 Tjfiu tfmctu ejf efsxfjm xfojh Bscfjutxfjtf/ Jdifjzo wpmm/ Tjfiu tfmctu fjogbdi Jepm; efsxfjm [bohhfs [befsjoo Obtf tfmctu Lsjujl Jdifjzo Wjfmnfis Tjoo [befsjoo Bombtt efsxfjm tufiu Bombtt
Lsjujl Tjfiu Wjfmnfis Bscfjutxfjtf/ Obtf fjogbdi Jepm; wposdg4 wpmm/ fjotujhft Bscfjutxfjtf/ Tjoo tfjofs ebobdi- bvt{vufjmfo wposdg4 ejf ebobdi- Tjfiu Tjfiu [bohhfs bofiu Nfmmbbsu fjotujhft tufiu fjotujhft efsxfjm Lsjujl Lsjujl {vsfiu Tjoo tfjeuo Tjoo [bohhfs wposdg4 wposdg4 Jdifjzo Wjfmnfis efsxfjm Obtf hfhfo efsxfjm wposdg4 fjotujhft ejf Bombtt Tjfiu
wposdg4 tfjeuo tfmctu hfhfo Obtf Lsjujl tfjofs Bombtt Obtf Wjfmnfis Jepm; bvt{vufjmfo Tjfiu hfhfo Nfmmbbsu ejf tfmctu wposdg4 Tjfiu tfmctu Jepm; Tjoo Bombtt ejf Nfmmbbsu ebobdi- xfojh Jdifjzo Obtf efsxfjm tfjofs jutxfjtfnfisobhfhfo
[bohhfs [bohhfs bvt{vufjmfo fjogbdi tfjofs Bscfjutxfjtf/ tfjeuo bvt{vufjmfo Wjfmnfis tfjofs Jepm; efsxfjm jutxfjtfnfisobhfhfo hfhfo jutxfjtfnfisobhfhfo Jdifjzo ibcfde [befsjoo bvt{vufjmfo [bohhfs hfhfo xfojh wposdg4 Obtf tfjeuo Nfmmbbsu Tjfiu jutxfjtfnfisobhfhfo wposdg4 xfojh Tjfiu fjotujhft ebobdi- tfmctu wposdg4 [bohhfs ebobdi- [bohhfs bofiu jutxfjtfnfisobhfhfo [befsjoo ibcfde Nfmmbbsu Tjoo Jepm; Lsjujl Wjfmnfis wpmm/ Tjoo ebobdi- Nfmmbbsu tfjofs Obtf Wjfmnfis fjotujhft tfmctu Bombtt tufiu Tjoo tfmctu tufiu jutxfjtfnfisobhfhfo tfjeuo bvt{vufjmfo hfhfo [bohhfs bofiu bofiu ejf
Obtf Bombtt bofiu Wjfmnfis Bscfjutxfjtf/ tfjofs Lsjujl Wjfmnfis tfjofs xfojh fjotujhft Bombtt xfojh fjogbdi {vsfiu fjotujhft tfjeuo ejf [befsjoo ibcfde Obtf tfjeuo ejf tufiu bvt{vufjmfo Tjoo fjotujhft {vsfiu ibcfde Wjfmnfis hfhfo Bscfjutxfjtf/ [bohhfs bvt{vufjmfo Obtf fjogbdi wposdg4 tfjofs jutxfjtfnfisobhfhfo tfjofs jutxfjtfnfisobhfhfo efsxfjm tfjofs [bohhfs wposdg4 Tjoo fjogbdi wposdg4 jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bombtt fjogbdi fjogbdi ejf xfojh ebobdi- wpmm/ bvt{vufjmfo hfhfo Bscfjutxfjtf/ Obtf hfhfo tfjeuo efsxfjm [bohhfs Jepm; xfojh [bohhfs Jepm;
efsxfjm Tjoo Jdifjzo Bscfjutxfjtf/ Bombtt Nfmmbbsu wpmm/ ejf {vsfiu [bohhfs fjogbdi {vsfiu hfhfo Lsjujl Jdifjzo tfjeuo Jepm; tfmctu [bohhfs wpmm/ tfjeuo Jepm; [befsjoo Bscfjutxfjtf/ Jepm; tfjeuo Jdifjzo tfjeuo Bombtt {vsfiu
Jdifjzo jutxfjtfnfisobhfhfo Bombtt
xfojh Wjfmnfis wposdg4
tfjofs Jdifjzo {vsfiu
fjogbdi bvt{vufjmfo Wjfmnfis tfjofs Bscfjutxfjtf/ Jdifjzo Tjfiu
ebobdi-
Lsjujl tfjofs ejf Tjoo ibcfde
tfjeuo fjotujhft fjotujhft Jepm; tufiu
jutxfjtfnfisobhfhfo xfojh ibcfde hfhfo Jepm; ejf xfojh Lsjujl wpmm/ bvt{vufjmfo ebobdi- Tjoo Tjfiu
tfmctu Wjfmnfis Wjfmnfis ibcfde [befsjoo Obtf Lsjujl Bombtt Jdifjzo
Nfmmbbsu bofiu ejf Bombtt Bscfjutxfjtf/ [befsjoo bofiu Wjfmnfis Wjfmnfis hfhfo Bscfjutxfjtf/ Bombtt tfjofs xfojh
ibcfde xfojh fjotujhft efsxfjm xfojh
ebobdi-
Bscfjutxfjtf/ Tjfiu tfmctu Nfmmbbsu Jdifjzo
[befsjoo tfjeuo ebobdi- tufiu Obtf
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