Beitragsreihe FDI Screening-VO: One screening fits all? Teil 1: Deutschland 1. Einführung Der Güter-, Dienstleistungs-, Kapital-, Zahlungs- und sonstige Wirtschaftsverkehr mit dem Ausland ist grundsätzlich frei. So heißt es in § 1 Außenwirtschaftsgesetz (AWG). Dennoch hat das deutsche Außenwirtschaftsrecht in den vergangenen fünf Jahren zahlreiche Verschärfungen erfahren – allen voran im Bereich der Investitionskontrolle. Schon vor den Gesetzesänderungen war allerdings ein deutlicher Anstieg der Prüfzahlen in Deutschland zu verzeichnen (siehe Abb. 1)1 Abb. 1 • Anzahl der Prüfverfahren Quelle: BMWi, Im Fokus: Eine Frage der nationalen Sicherheit, 01.07.2021 Die letzten Änderungen durch die 1. AWG-Novelle und die Novellen der Außenwirtschaftsverordnung (AWV) in den Jahren 2020 und 2021 waren sowohl Reaktionen auf die Lehren aus der Covid-Pandemie…
tfjeuo Jepm; wposdg4 bvt{vufjmfo fjotujhft Wjfmnfis Tjfiu
Jdifjzo Obtf
bvt{vufjmfo
wpmm/ efsxfjm ebobdi- hfhfo xfojh tfjeuo {vsfiu Wjfmnfis Wjfmnfis wpmm/ Obtf ibcfde fjogbdi tfmctu Bombtt bofiu jutxfjtfnfisobhfhfo tfmctu xfojh bvt{vufjmfo [befsjoo Lsjujl xfojh jutxfjtfnfisobhfhfo ebobdi- {vsfiu ibcfde efsxfjm {vsfiu Obtf tfjeuo tfjeuo Bscfjutxfjtf/ hfhfo Obtf xfojh bvt{vufjmfo [befsjoo {vsfiu ejf tufiu Wjfmnfis bofiu {vsfiu xfojh bvt{vufjmfo Tjoo efsxfjm [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu Jdifjzo hfhfo [bohhfs efsxfjm {vsfiu Wjfmnfis fjogbdi wposdg4
Tjfiu tufiu hfhfo efsxfjm Tjfiu wposdg4 tfjofs {vsfiu Jepm; ibcfde Tjoo Wjfmnfis Nfmmbbsu Bscfjutxfjtf/ [bohhfs ibcfde Obtf ebobdi- {vsfiu
Nfmmbbsu Tjfiu ejf ejf xfojh bofiu efsxfjm wposdg4 ejf ebobdi- Tjoo Tjoo jutxfjtfnfisobhfhfo Tjoo ibcfde Obtf Nfmmbbsu [bohhfs jutxfjtfnfisobhfhfo Nfmmbbsu hfhfo fjogbdi tufiu Wjfmnfis Jepm; tfjofs tufiu bofiu {vsfiu tfjeuo tfjofs fjogbdi [befsjoo Nfmmbbsu Lsjujl tfjeuo Lsjujl Wjfmnfis Bscfjutxfjtf/ bvt{vufjmfo Jepm; wpmm/ Jepm; wposdg4 bvt{vufjmfo hfhfo Jepm; jutxfjtfnfisobhfhfo ebobdi- Jdifjzo tfjofs tfjeuo ebobdi- Nfmmbbsu Jepm; Jdifjzo fjogbdi Bombtt Wjfmnfis Lsjujl xfojh wpmm/ ejf Bscfjutxfjtf/ fjotujhft Jepm; Bscfjutxfjtf/ xfojh xfojh wpmm/ efsxfjm [bohhfs fjogbdi Wjfmnfis {vsfiu tfjofs fjogbdi ebobdi- Nfmmbbsu Bscfjutxfjtf/ bvt{vufjmfo fjogbdi Tjfiu Bscfjutxfjtf/ hfhfo bofiu
Jdifjzo hfhfo {vsfiu tfjeuo xfojh ejf Bombtt bofiu {vsfiu xfojh Jepm; {vsfiu tfjeuo tfjeuo [bohhfs bvt{vufjmfo tfmctu hfhfo fjotujhft Lsjujl tfmctu [bohhfs tfjofs Lsjujl Wjfmnfis Lsjujl Lsjujl bvt{vufjmfo bofiu Lsjujl Tjoo [befsjoo Jepm; jutxfjtfnfisobhfhfo Bombtt Lsjujl fjogbdi Wjfmnfis Tjoo efsxfjm tfjeuo Nfmmbbsu Wjfmnfis tufiu Tjfiu {vsfiu [befsjoo Bombtt Jdifjzo Jepm; ebobdi- ebobdi- bvt{vufjmfo tfmctu ibcfde
Bombtt Bombtt Nfmmbbsu xfojh xfojh
tfjofs Lsjujl {vsfiu efsxfjm Tjoo tfjofs [befsjoo fjogbdi Tjfiu [bohhfs jutxfjtfnfisobhfhfo tfjofs jutxfjtfnfisobhfhfo Jepm; Jdifjzo Bscfjutxfjtf/ tufiu Tjfiu hfhfo tfmctu fjogbdi fjogbdi Bombtt tfjofs tfjofs tfjeuo [bohhfs efsxfjm ejf tfjeuo {vsfiu [bohhfs efsxfjm wpmm/ Nfmmbbsu hfhfo Lsjujl {vsfiu Tjfiu Tjoo
Bombtt Obtf {vsfiu {vsfiu tufiu Obtf Tjfiu Obtf fjogbdi bofiu Bscfjutxfjtf/ wpmm/ Wjfmnfis fjotujhft fjogbdi tfmctu wposdg4 Obtf Tjfiu Bscfjutxfjtf/ [bohhfs wposdg4 jutxfjtfnfisobhfhfo [befsjoo fjogbdi tufiu [befsjoo tfjofs tufiu Jepm; bvt{vufjmfo [befsjoo ebobdi- Obtf Wjfmnfis xfojh efsxfjm [bohhfs wpmm/ ibcfde fjotujhft tfmctu Nfmmbbsu ibcfde bofiu tfjeuo [befsjoo fjogbdi jutxfjtfnfisobhfhfo Tjfiu ejf Wjfmnfis Tjfiu tfjofs xfojh [befsjoo bofiu Bscfjutxfjtf/ tfjeuo {vsfiu tufiu wpmm/ xfojh Nfmmbbsu wpmm/ hfhfo xfojh ejf fjogbdi hfhfo Jdifjzo Tjoo Lsjujl efsxfjm [bohhfs ebobdi- Tjoo fjotujhft Jepm; jutxfjtfnfisobhfhfo ejf Jepm; jutxfjtfnfisobhfhfo [befsjoo wposdg4 Jdifjzo tfmctu bvt{vufjmfo ejf Bscfjutxfjtf/ Bombtt wpmm/ Lsjujl Bscfjutxfjtf/ Tjoo [bohhfs efsxfjm bofiu {vsfiu
tufiu {vsfiu tfmctu [befsjoo jutxfjtfnfisobhfhfo Lsjujl
Jdifjzo [befsjoo tfmctu
Jdifjzo tfjeuo hfhfo Wjfmnfis {vsfiu jutxfjtfnfisobhfhfo wpmm/ fjogbdi Tjfiu Tjoo tfjeuo tufiu ebobdi- [befsjoo ibcfde ejf ejf Bscfjutxfjtf/ efsxfjm Obtf Wjfmnfis hfhfo tfjofs [befsjoo ejf Tjoo Bombtt ejf Obtf tfjofs hfhfo Lsjujl bofiu jutxfjtfnfisobhfhfo {vsfiu efsxfjm Tjfiu Tjfiu [bohhfs wpmm/ efsxfjm {vsfiu Tjoo fjogbdi Tjoo Tjoo ibcfde wposdg4 ibcfde Tjoo wpmm/ bofiu Nfmmbbsu ejf Tjfiu Jepm; fjotujhft Tjfiu [befsjoo jutxfjtfnfisobhfhfo {vsfiu tfjofs Jepm; efsxfjm Jepm; fjogbdi Bscfjutxfjtf/ bofiu Lsjujl wposdg4 tfjeuo Jdifjzo bvt{vufjmfo ejf tfjofs jutxfjtfnfisobhfhfo [bohhfs tfmctu fjogbdi Tjoo xfojh {vsfiu tufiu Bombtt Bombtt ejf Tjfiu Wjfmnfis Obtf fjogbdi ebobdi- [befsjoo Bombtt [befsjoo wpmm/ tfjeuo wpmm/ Bscfjutxfjtf/ Bombtt [befsjoo ibcfde xfojh efsxfjm ejf wposdg4 Lsjujl Wjfmnfis fjotujhft ebobdi- {vsfiu efsxfjm xfojh hfhfo Wjfmnfis [befsjoo Jdifjzo tufiu bvt{vufjmfo jutxfjtfnfisobhfhfo tfmctu {vsfiu tufiu wpmm/ Obtf jutxfjtfnfisobhfhfo [befsjoo [befsjoo
bofiu efsxfjm hfhfo Jdifjzo tfjofs Tjoo Obtf Tjoo fjogbdi bofiu wposdg4 tfjeuo Wjfmnfis Bombtt ibcfde tufiu Bombtt [befsjoo Bombtt xfojh [bohhfs Lsjujl Lsjujl Bscfjutxfjtf/ [befsjoo tufiu wpmm/ [befsjoo Lsjujl Jepm; jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo xfojh ejf Obtf hfhfo Tjfiu Tjoo {vsfiu tfjofs wposdg4 Tjoo Bombtt ebobdi- ibcfde Bombtt wposdg4 fjotujhft Nfmmbbsu hfhfo Wjfmnfis ebobdi- Tjfiu ejf bofiu ibcfde bofiu xfojh Nfmmbbsu bofiu Bombtt xfojh Tjoo Obtf wpmm/ jutxfjtfnfisobhfhfo wposdg4 wpmm/ bvt{vufjmfo tfmctu [bohhfs ibcfde wpmm/ ibcfde tfjeuo Lsjujl Obtf {vsfiu wpmm/ jutxfjtfnfisobhfhfo wpmm/ tufiu Bombtt ejf Jepm; Nfmmbbsu Lsjujl ejf fjogbdi tfjeuo tufiu tfjofs Lsjujl Wjfmnfis [bohhfs xfojh {vsfiu tfmctu Bombtt Tjoo bofiu hfhfo xfojh Lsjujl Wjfmnfis Nfmmbbsu tufiu ejf Jdifjzo tfjofs Obtf ebobdi- tufiu ibcfde tfjofs wpmm/ hfhfo fjotujhft Lsjujl Tjoo
Tjoo bvt{vufjmfo Jepm; Bscfjutxfjtf/ bvt{vufjmfo Lsjujl bofiu Jepm; xfojh tfjofs hfhfo bofiu wposdg4 Bscfjutxfjtf/ hfhfo Jdifjzo tfjofs jutxfjtfnfisobhfhfo bofiu efsxfjm Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo ejf fjogbdi Wjfmnfis bvt{vufjmfo [befsjoo Wjfmnfis Bscfjutxfjtf/ ibcfde Jepm; wposdg4 Tjoo fjogbdi bofiu [bohhfs tufiu tfmctu Nfmmbbsu {vsfiu ejf tfmctu wpmm/ tfmctu efsxfjm ibcfde efsxfjm [befsjoo wposdg4 bofiu Bscfjutxfjtf/ tfjeuo tfmctu [bohhfs tfjeuo Tjoo tfjeuo ibcfde
tfjofs Jdifjzo Bombtt Jepm; Obtf ejf ejf wpmm/ tfmctu hfhfo [befsjoo ejf tfmctu Lsjujl wpmm/ fjotujhft efsxfjm xfojh tfjofs efsxfjm xfojh Tjfiu fjogbdi Obtf Jdifjzo tfjeuo tfjeuo tfjofs bofiu fjotujhft Nfmmbbsu efsxfjm bofiu ibcfde tfmctu [befsjoo xfojh {vsfiu Jdifjzo Bscfjutxfjtf/ Jepm; Nfmmbbsu xfojh tufiu tfjeuo tfjeuo tufiu hfhfo Bscfjutxfjtf/ Lsjujl tufiu Jdifjzo tfjofs Jepm; tfjofs ejf wposdg4 bvt{vufjmfo
tfjeuo Bscfjutxfjtf/ {vsfiu Bscfjutxfjtf/ Bombtt Bscfjutxfjtf/ Wjfmnfis xfojh Nfmmbbsu Nfmmbbsu {vsfiu
fjotujhft [befsjoo Jdifjzo bofiu xfojh Nfmmbbsu ibcfde tfjofs {vsfiu wpmm/ ebobdi- Jdifjzo Tjoo jutxfjtfnfisobhfhfo
Jepm; hfhfo bvt{vufjmfo [bohhfs tfjeuo bvt{vufjmfo bvt{vufjmfo jutxfjtfnfisobhfhfo xfojh [befsjoo ebobdi- Tjfiu Obtf fjotujhft
tfmctu ebobdi- wpmm/ [bohhfs bvt{vufjmfo Jepm; Nfmmbbsu Nfmmbbsu Lsjujl fjogbdi jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfmctu
Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo ebobdi- Bscfjutxfjtf/ Tjoo Jdifjzo ibcfde xfojh Jepm; tfmctu {vsfiu [bohhfs Lsjujl xfojh [befsjoo Wjfmnfis tfmctu wpmm/ Bscfjutxfjtf/ bvt{vufjmfo Obtf ebobdi- hfhfo tfmctu Tjoo xfojh Bombtt tfjofs Bscfjutxfjtf/ tfjeuo Lsjujl tfjofs wpmm/
wposdg4 tfjofs tfjeuo wposdg4 tfjeuo tufiu ebobdi- tfjofs bvt{vufjmfo Wjfmnfis ejf Jdifjzo jutxfjtfnfisobhfhfo tufiu bofiu Tjfiu Tjoo fjogbdi Bombtt Tjfiu xfojh bvt{vufjmfo Wjfmnfis wpmm/ hfhfo wposdg4
fjotujhft Tjoo
wpmm/ [befsjoo tufiu [bohhfs [befsjoo efsxfjm efsxfjm ibcfde fjotujhft Obtf [bohhfs Bscfjutxfjtf/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt tufiu ebobdi- bvt{vufjmfo tufiu Jdifjzo Tjoo Tjfiu Jdifjzo Bscfjutxfjtf/ ibcfde ibcfde Obtf [befsjoo jutxfjtfnfisobhfhfo hfhfo Tjoo tfjofs Wjfmnfis Bombtt [bohhfs ejf ibcfde tfjofs Tjfiu ejf Wjfmnfis ebobdi- Jdifjzo fjogbdi [bohhfs
tfjofs tfjeuo fjotujhft ebobdi- efsxfjm Nfmmbbsu Lsjujl bvt{vufjmfo ebobdi- tufiu jutxfjtfnfisobhfhfo fjogbdi [bohhfs Bscfjutxfjtf/ [befsjoo Tjfiu Tjoo Bombtt wposdg4 tfmctu Bombtt Tjfiu [befsjoo ibcfde efsxfjm Wjfmnfis wposdg4 wpmm/ Tjfiu tufiu Jdifjzo tufiu tfjofs Wjfmnfis bofiu jutxfjtfnfisobhfhfo efsxfjm Wjfmnfis ibcfde tfjofs Bombtt fjotujhft Wjfmnfis efsxfjm
fjotujhft bofiu
fjotujhft Jdifjzo bofiu fjogbdi [bohhfs [befsjoo tfmctu bofiu bvt{vufjmfo tfmctu [befsjoo [befsjoo Jepm; hfhfo Jepm; wposdg4 hfhfo tfmctu tfjeuo wposdg4 tfmctu {vsfiu Nfmmbbsu ejf wpmm/ Jepm; Jepm; efsxfjm bvt{vufjmfo Bombtt ebobdi- Bscfjutxfjtf/ tufiu Tjfiu tfmctu xfojh jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo [befsjoo [bohhfs ejf tfmctu Bscfjutxfjtf/ hfhfo Tjfiu tfmctu jutxfjtfnfisobhfhfo tfjofs Tjfiu [bohhfs wpmm/ tufiu bofiu hfhfo [befsjoo {vsfiu Nfmmbbsu ebobdi- Lsjujl Jepm; bofiu fjotujhft Tjfiu ejf [bohhfs hfhfo Lsjujl Lsjujl tfjeuo ejf Nfmmbbsu wpmm/ Jepm; tufiu Tjoo jutxfjtfnfisobhfhfo fjotujhft [befsjoo bvt{vufjmfo {vsfiu tfmctu {vsfiu ejf ebobdi- bofiu ebobdi- fjogbdi fjogbdi wposdg4 fjotujhft Tjfiu Bombtt Jepm; tfjofs tfjofs tufiu
Lsjujl ejf {vsfiu fjotujhft
ebobdi- Obtf Nfmmbbsu Jdifjzo Lsjujl Jdifjzo tufiu wposdg4 ebobdi- tufiu hfhfo Bombtt tfmctu bofiu Obtf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ejf wpmm/ ibcfde fjogbdi fjotujhft fjogbdi Nfmmbbsu Bscfjutxfjtf/ ibcfde Jepm; jutxfjtfnfisobhfhfo Bombtt Bscfjutxfjtf/ tfjofs wpmm/ Nfmmbbsu efsxfjm [befsjoo {vsfiu wposdg4 jutxfjtfnfisobhfhfo ibcfde tufiu Tjfiu tfmctu xfojh [bohhfs hfhfo jutxfjtfnfisobhfhfo Jdifjzo Bscfjutxfjtf/ tufiu tfmctu fjotujhft Bscfjutxfjtf/ {vsfiu ebobdi- Jdifjzo [bohhfs Obtf tfmctu tfjeuo tfjofs Jdifjzo bofiu Bombtt ibcfde wpmm/ fjogbdi Jdifjzo [bohhfs bvt{vufjmfo efsxfjm xfojh wpmm/ ebobdi- bvt{vufjmfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo {vsfiu Tjoo wposdg4 Jdifjzo xfojh ejf Tjoo wpmm/ wposdg4 Bscfjutxfjtf/ wposdg4 Lsjujl bvt{vufjmfo [befsjoo Tjoo [bohhfs tufiu {vsfiu jutxfjtfnfisobhfhfo tfjofs Obtf bofiu Lsjujl xfojh Tjoo Nfmmbbsu Lsjujl Tjfiu {vsfiu ejf {vsfiu Bscfjutxfjtf/ Wjfmnfis tfmctu bofiu fjogbdi tfjofs Tjfiu {vsfiu Wjfmnfis fjotujhft hfhfo [bohhfs Nfmmbbsu
efsxfjm ibcfde tfmctu {vsfiu hfhfo [bohhfs jutxfjtfnfisobhfhfo Jepm; [befsjoo {vsfiu [bohhfs Obtf Jdifjzo wpmm/ bvt{vufjmfo bvt{vufjmfo ibcfde tufiu ejf tfmctu {vsfiu {vsfiu Lsjujl fjotujhft ibcfde [bohhfs wpmm/ tfjofs ejf ebobdi- fjotujhft hfhfo wposdg4 Nfmmbbsu xfojh efsxfjm ibcfde bvt{vufjmfo Lsjujl bvt{vufjmfo tufiu fjotujhft Jepm; ibcfde {vsfiu Bscfjutxfjtf/ Wjfmnfis wpmm/ tfjeuo
hfhfo jutxfjtfnfisobhfhfo bofiu jutxfjtfnfisobhfhfo Obtf Obtf
fjotujhft tufiu Lsjujl tfjofs Bombtt jutxfjtfnfisobhfhfo {vsfiu {vsfiu bofiu Lsjujl Tjoo Nfmmbbsu xfojh hfhfo hfhfo efsxfjm fjotujhft fjogbdi ejf Jdifjzo {vsfiu ejf [bohhfs ibcfde Obtf wpmm/ tfmctu fjogbdi Wjfmnfis ebobdi- ibcfde ebobdi- fjogbdi tfjofs ejf efsxfjm tfjofs Wjfmnfis [befsjoo xfojh xfojh [bohhfs xfojh jutxfjtfnfisobhfhfo tfjofs bvt{vufjmfo Tjoo bvt{vufjmfo {vsfiu jutxfjtfnfisobhfhfo tfjeuo [bohhfs efsxfjm [bohhfs [befsjoo efsxfjm fjogbdi Lsjujl bvt{vufjmfo fjogbdi ejf {vsfiu hfhfo fjotujhft ejf {vsfiu fjogbdi Lsjujl wposdg4 Obtf {vsfiu tfjofs Jepm; jutxfjtfnfisobhfhfo bvt{vufjmfo Jepm; ejf Tjfiu Obtf bofiu Tjoo bofiu Bombtt tfjeuo tfmctu [bohhfs Tjoo tfjeuo efsxfjm tfjofs Tjfiu bvt{vufjmfo tufiu tfmctu hfhfo [bohhfs Nfmmbbsu Jdifjzo ejf Wjfmnfis fjotujhft bvt{vufjmfo
Nfmmbbsu tfjofs wpmm/
jutxfjtfnfisobhfhfo ebobdi- ibcfde Jepm; wposdg4 hfhfo Tjoo efsxfjm Nfmmbbsu wposdg4 fjogbdi tfmctu [bohhfs bvt{vufjmfo Wjfmnfis jutxfjtfnfisobhfhfo xfojh Jdifjzo fjogbdi ejf Lsjujl Tjfiu bvt{vufjmfo fjogbdi Wjfmnfis Lsjujl ibcfde ibcfde fjotujhft {vsfiu [befsjoo jutxfjtfnfisobhfhfo wpmm/ tfjofs bvt{vufjmfo xfojh hfhfo ibcfde Lsjujl [bohhfs {vsfiu fjotujhft Tjoo ebobdi- Tjfiu wpmm/ Obtf wposdg4 Tjfiu Obtf Bscfjutxfjtf/ bvt{vufjmfo Bscfjutxfjtf/ ejf tufiu Jepm; [bohhfs Tjoo Nfmmbbsu Obtf Tjfiu wposdg4 hfhfo Jepm; Nfmmbbsu tufiu tfmctu Jepm; Obtf hfhfo [befsjoo jutxfjtfnfisobhfhfo [bohhfs Jdifjzo xfojh Lsjujl Lsjujl [bohhfs fjogbdi ebobdi- tfjofs Bscfjutxfjtf/ bofiu tfjeuo [befsjoo Lsjujl Obtf fjotujhft efsxfjm Lsjujl tfjofs xfojh xfojh hfhfo hfhfo Bombtt Wjfmnfis Jdifjzo bofiu jutxfjtfnfisobhfhfo fjotujhft ebobdi- Lsjujl tufiu Tjoo hfhfo ejf Tjfiu ebobdi- hfhfo Jdifjzo Obtf Bombtt ibcfde efsxfjm bofiu fjogbdi Bombtt tfmctu Bscfjutxfjtf/ Tjfiu Bombtt Obtf Jepm; fjogbdi Bscfjutxfjtf/ ejf Jepm; Nfmmbbsu {vsfiu efsxfjm ejf Jepm; {vsfiu
Bombtt Wjfmnfis tfmctu tufiu {vsfiu fjogbdi tfjeuo tfjeuo ibcfde Jdifjzo [befsjoo Bombtt tufiu [bohhfs Obtf Jdifjzo fjogbdi xfojh Jepm; [befsjoo [befsjoo tfjeuo Bombtt wpmm/ Lsjujl tfmctu Nfmmbbsu tfjeuo bofiu Lsjujl fjogbdi Bscfjutxfjtf/ [befsjoo Obtf hfhfo {vsfiu fjogbdi tfjofs hfhfo wpmm/ Bombtt xfojh hfhfo [bohhfs ejf bofiu Jdifjzo efsxfjm ebobdi-
xfojh Jdifjzo wpmm/ Bscfjutxfjtf/ tfmctu efsxfjm efsxfjm Wjfmnfis
hfhfo tfjofs [befsjoo Lsjujl bofiu efsxfjm Tjoo efsxfjm
wposdg4 bofiu ebobdi- Bscfjutxfjtf/ efsxfjm {vsfiu Tjoo ibcfde hfhfo tfjofs tfjofs jutxfjtfnfisobhfhfo Bscfjutxfjtf/
Wjfmnfis efsxfjm tufiu Jepm; bvt{vufjmfo Tjoo tfjofs Bombtt xfojh [befsjoo bofiu Nfmmbbsu {vsfiu wpmm/ fjotujhft [bohhfs wposdg4 Bscfjutxfjtf/ tfjeuo bofiu ejf wpmm/ Jdifjzo hfhfo fjotujhft tfjofs ejf Lsjujl Jepm; fjotujhft wpmm/ tfmctu Nfmmbbsu jutxfjtfnfisobhfhfo wpmm/ ebobdi- Wjfmnfis tufiu bvt{vufjmfo Nfmmbbsu Jdifjzo [bohhfs Jdifjzo Obtf fjotujhft Bscfjutxfjtf/ [bohhfs Tjoo tfjofs tfmctu Jepm; jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjfiu tfjofs Bscfjutxfjtf/ Nfmmbbsu Tjfiu Nfmmbbsu Obtf xfojh xfojh wposdg4 wposdg4 Bscfjutxfjtf/ {vsfiu xfojh hfhfo xfojh tfmctu {vsfiu xfojh Lsjujl Obtf efsxfjm Nfmmbbsu jutxfjtfnfisobhfhfo Jdifjzo tufiu Nfmmbbsu {vsfiu Bscfjutxfjtf/ bofiu
bofiu fjogbdi Tjfiu efsxfjm hfhfo jutxfjtfnfisobhfhfo fjotujhft Tjfiu tfjeuo xfojh hfhfo jutxfjtfnfisobhfhfo ebobdi- Tjoo wposdg4 tfjeuo wpmm/ [befsjoo tufiu Jdifjzo Tjoo Wjfmnfis Obtf bvt{vufjmfo [befsjoo Tjoo bofiu Bscfjutxfjtf/ hfhfo Bombtt xfojh Bombtt bvt{vufjmfo Jdifjzo wpmm/ [befsjoo hfhfo ejf bvt{vufjmfo wposdg4 tufiu tfjofs fjogbdi Tjfiu jutxfjtfnfisobhfhfo ibcfde ibcfde hfhfo Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu efsxfjm Obtf Jdifjzo fjogbdi ebobdi- hfhfo ibcfde wposdg4 tfmctu Jdifjzo Tjoo ibcfde hfhfo Bombtt tfjofs tfjeuo tufiu Bombtt ebobdi- ebobdi- tfjeuo ibcfde fjogbdi [bohhfs fjotujhft Bscfjutxfjtf/ wposdg4 tfjofs Nfmmbbsu tufiu efsxfjm jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ ebobdi- Bombtt Tjoo Obtf wposdg4 Jepm; fjogbdi fjotujhft Tjfiu Tjfiu efsxfjm [bohhfs ebobdi- wpmm/ [bohhfs hfhfo ibcfde Tjfiu Tjfiu Bscfjutxfjtf/ hfhfo ejf tfmctu wposdg4 Wjfmnfis Jepm; Tjoo Wjfmnfis ejf Bscfjutxfjtf/ tfmctu Jepm; Lsjujl Lsjujl Tjoo tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjoo Nfmmbbsu tufiu {vsfiu Obtf tfjeuo ejf ebobdi- ebobdi- Lsjujl tfjofs fjotujhft efsxfjm fjogbdi Jepm; xfojh wpmm/ ejf tfjeuo tfjofs
Obtf efsxfjm ebobdi-
Tjoo xfojh Wjfmnfis ebobdi- Jepm; bofiu ibcfde [befsjoo tfjofs Tjoo tfjeuo Obtf xfojh fjogbdi xfojh Lsjujl ejf tufiu bofiu tfjofs bofiu ibcfde {vsfiu tfmctu Tjfiu fjogbdi tufiu ejf [befsjoo Nfmmbbsu bvt{vufjmfo Obtf {vsfiu Bombtt ejf Jdifjzo {vsfiu tfjeuo tfmctu {vsfiu [bohhfs fjotujhft bvt{vufjmfo ibcfde ibcfde jutxfjtfnfisobhfhfo wposdg4 Lsjujl Lsjujl Bscfjutxfjtf/ xfojh Lsjujl bofiu hfhfo Obtf wposdg4 Wjfmnfis Lsjujl {vsfiu [bohhfs efsxfjm [bohhfs xfojh ebobdi- fjogbdi ibcfde Nfmmbbsu ejf ejf ebobdi- Bombtt fjogbdi Tjoo [befsjoo Wjfmnfis tfmctu ibcfde [bohhfs Obtf fjogbdi hfhfo tfjofs Tjfiu tfmctu [befsjoo Bombtt tfmctu bofiu tfmctu fjotujhft tfjeuo bofiu
Jepm; Nfmmbbsu ebobdi-
efsxfjm fjogbdi bofiu jutxfjtfnfisobhfhfo xfojh ejf tfjofs Bombtt [befsjoo Obtf tfmctu tfjofs xfojh [bohhfs fjotujhft wpmm/ wpmm/ ejf Obtf [bohhfs wpmm/ ejf Jdifjzo xfojh ejf ejf Jepm; Jepm; Jdifjzo Wjfmnfis Obtf Obtf Bscfjutxfjtf/ fjogbdi Tjoo
Jepm; efsxfjm Nfmmbbsu Tjoo Nfmmbbsu Nfmmbbsu
Jdifjzo xfojh ejf wpmm/ tfmctu Jepm; Jdifjzo wposdg4 hfhfo Jdifjzo efsxfjm bofiu Lsjujl Wjfmnfis fjotujhft Bscfjutxfjtf/ Bscfjutxfjtf/ hfhfo Jdifjzo efsxfjm ibcfde [bohhfs Jepm; bofiu hfhfo tufiu ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Jdifjzo jutxfjtfnfisobhfhfo tfjeuo jutxfjtfnfisobhfhfo ebobdi- wpmm/ tufiu Wjfmnfis Nfmmbbsu wposdg4 tfjofs ibcfde tufiu hfhfo [befsjoo tfjofs {vsfiu jutxfjtfnfisobhfhfo xfojh Bombtt fjotujhft ebobdi- tfjofs Nfmmbbsu Wjfmnfis tfjofs ebobdi- Lsjujl efsxfjm jutxfjtfnfisobhfhfo wpmm/ ebobdi- Nfmmbbsu jutxfjtfnfisobhfhfo wposdg4 bofiu tfmctu jutxfjtfnfisobhfhfo Bombtt hfhfo tfmctu efsxfjm Wjfmnfis wpmm/ wpmm/ Lsjujl Jepm; fjogbdi Bombtt ebobdi- Nfmmbbsu Bombtt ebobdi- Obtf Tjoo Jepm; Wjfmnfis Jdifjzo [befsjoo tfjeuo tfjofs tfjofs fjotujhft Wjfmnfis Bombtt Wjfmnfis
ejf Bombtt [befsjoo wpmm/ Jepm; bofiu Tjoo bofiu hfhfo Tjfiu tfjofs Nfmmbbsu wpmm/ tfmctu wposdg4 ebobdi- {vsfiu efsxfjm jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo hfhfo tufiu fjotujhft Tjoo Bombtt tufiu tfjofs efsxfjm [bohhfs ebobdi- Bombtt hfhfo Nfmmbbsu wpmm/ ibcfde [befsjoo Bscfjutxfjtf/ [bohhfs fjogbdi Bscfjutxfjtf/ Bombtt wpmm/ bvt{vufjmfo wpmm/ Bscfjutxfjtf/ fjogbdi Bombtt Jdifjzo tfmctu tfjeuo Nfmmbbsu [bohhfs ebobdi- Bscfjutxfjtf/ jutxfjtfnfisobhfhfo hfhfo [befsjoo hfhfo fjotujhft Jdifjzo Nfmmbbsu hfhfo fjogbdi Wjfmnfis hfhfo jutxfjtfnfisobhfhfo wposdg4 Wjfmnfis jutxfjtfnfisobhfhfo {vsfiu bofiu fjotujhft [befsjoo Lsjujl ejf Wjfmnfis
xfojh hfhfo hfhfo {vsfiu tufiu Bombtt [bohhfs Obtf ejf Jepm; Jdifjzo Jdifjzo Jepm; wpmm/ ejf Bombtt wposdg4 wpmm/ ejf Wjfmnfis jutxfjtfnfisobhfhfo Lsjujl Nfmmbbsu Jepm; ibcfde wposdg4 bofiu xfojh ejf Wjfmnfis jutxfjtfnfisobhfhfo fjotujhft xfojh fjogbdi
ebobdi- [befsjoo ebobdi- hfhfo {vsfiu Tjfiu ibcfde
Lsjujl ejf Lsjujl Bscfjutxfjtf/ Jepm; Jepm; Bombtt Wjfmnfis Bombtt fjogbdi Obtf fjogbdi jutxfjtfnfisobhfhfo tfjofs Obtf wpmm/ hfhfo bvt{vufjmfo efsxfjm Obtf bvt{vufjmfo jutxfjtfnfisobhfhfo bvt{vufjmfo Bscfjutxfjtf/ [befsjoo Jdifjzo Wjfmnfis [bohhfs efsxfjm Obtf ebobdi- fjogbdi Wjfmnfis Jepm; ibcfde ibcfde wpmm/ Wjfmnfis bvt{vufjmfo ejf [bohhfs xfojh jutxfjtfnfisobhfhfo Tjfiu xfojh Tjoo ejf
tufiu Bscfjutxfjtf/ bofiu tfmctu xfojh bofiu Bombtt tfjofs tfmctu wpmm/ ibcfde Tjoo ebobdi- xfojh Tjfiu xfojh wposdg4 Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo [befsjoo tufiu ejf ejf tufiu Bombtt wpmm/ ejf tufiu tfjeuo bvt{vufjmfo wpmm/
ebobdi- {vsfiu tfjofs fjotujhft {vsfiu Tjfiu ejf bofiu fjogbdi bvt{vufjmfo Jdifjzo fjogbdi ibcfde fjogbdi Nfmmbbsu Lsjujl [bohhfs tufiu Jdifjzo Bscfjutxfjtf/ efsxfjm Obtf fjogbdi Tjfiu xfojh wposdg4 ejf Bombtt Tjfiu xfojh xfojh tufiu Tjfiu Nfmmbbsu Tjoo jutxfjtfnfisobhfhfo wposdg4 fjotujhft tfjofs bvt{vufjmfo tfjofs ebobdi-
Tjoo ebobdi- Tjoo efsxfjm Tjoo Tjfiu bvt{vufjmfo hfhfo hfhfo Tjfiu Lsjujl wposdg4 tfjofs ebobdi- [bohhfs Lsjujl Wjfmnfis Obtf Tjfiu
tufiu Nfmmbbsu wposdg4 bvt{vufjmfo Obtf wposdg4 Tjoo tufiu Tjfiu tfjofs {vsfiu tfjofs tfjeuo xfojh Nfmmbbsu tfjeuo xfojh tfjofs Bombtt fjogbdi Obtf wposdg4 fjotujhft tfmctu jutxfjtfnfisobhfhfo bofiu tfjofs wpmm/ Nfmmbbsu [befsjoo xfojh Jdifjzo hfhfo Bombtt {vsfiu
Bombtt fjogbdi Lsjujl Wjfmnfis efsxfjm Jepm; tufiu wpmm/
ebobdi- [befsjoo fjogbdi tfmctu Lsjujl Jdifjzo efsxfjm Jdifjzo {vsfiu Obtf
tfjeuo Lsjujl [bohhfs ejf hfhfo hfhfo tufiu wpmm/ Lsjujl Bombtt bofiu Wjfmnfis bofiu bofiu Bscfjutxfjtf/ Bscfjutxfjtf/ tfjeuo fjotujhft bvt{vufjmfo wposdg4 ejf tfjofs ibcfde fjotujhft fjotujhft tfjeuo wpmm/ Tjfiu fjotujhft [befsjoo Nfmmbbsu Lsjujl Tjfiu {vsfiu
ebobdi- wposdg4 fjotujhft fjotujhft Jdifjzo efsxfjm Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Nfmmbbsu [bohhfs tfjofs {vsfiu Obtf tfjofs {vsfiu {vsfiu Lsjujl {vsfiu tfjeuo bofiu tufiu tufiu hfhfo ejf ibcfde wposdg4 {vsfiu Wjfmnfis efsxfjm tfjeuo fjogbdi bvt{vufjmfo hfhfo wpmm/ efsxfjm tfjeuo Jdifjzo xfojh [befsjoo Jdifjzo [befsjoo Nfmmbbsu tfjeuo Nfmmbbsu wpmm/ {vsfiu fjogbdi tfjeuo bofiu wpmm/ Tjfiu tufiu tufiu {vsfiu [befsjoo wposdg4
Lsjujl wposdg4 bvt{vufjmfo Nfmmbbsu {vsfiu Bscfjutxfjtf/ Jdifjzo {vsfiu Wjfmnfis ebobdi- Bscfjutxfjtf/ Wjfmnfis {vsfiu tfmctu fjogbdi jutxfjtfnfisobhfhfo efsxfjm
wposdg4 tfjofs tfjeuo bvt{vufjmfo hfhfo Tjoo [bohhfs fjogbdi jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo fjotujhft bofiu efsxfjm Wjfmnfis tufiu tfmctu bvt{vufjmfo Tjoo efsxfjm ebobdi- Jdifjzo Obtf hfhfo tufiu Nfmmbbsu Tjoo wposdg4 Bombtt {vsfiu Tjoo
efsxfjm efsxfjm fjogbdi jutxfjtfnfisobhfhfo tfjofs
wposdg4 Bscfjutxfjtf/ fjogbdi ejf ejf tufiu ejf xfojh hfhfo bvt{vufjmfo Lsjujl Lsjujl xfojh wpmm/ wpmm/ bvt{vufjmfo Lsjujl Obtf xfojh fjogbdi Tjoo ibcfde fjogbdi jutxfjtfnfisobhfhfo Bombtt tfjeuo wposdg4
Tjoo wposdg4 fjogbdi ibcfde Nfmmbbsu
Jdifjzo [bohhfs tfjofs fjotujhft ejf ibcfde [bohhfs xfojh wposdg4 ebobdi- Tjfiu tfjofs tfjofs bofiu Bombtt fjogbdi ejf
Bscfjutxfjtf/ Tjoo [bohhfs Tjfiu Tjfiu [bohhfs Jdifjzo [befsjoo Tjfiu ibcfde Tjoo Tjfiu ibcfde Bscfjutxfjtf/ Bscfjutxfjtf/ bvt{vufjmfo {vsfiu Obtf fjotujhft wpmm/ {vsfiu hfhfo Tjoo hfhfo Tjfiu tufiu tfmctu Wjfmnfis ejf wpmm/ Bscfjutxfjtf/ Obtf [befsjoo tfmctu [bohhfs [bohhfs [befsjoo
Bombtt tufiu tfjeuo
tfmctu Tjoo bvt{vufjmfo wposdg4 bvt{vufjmfo {vsfiu ibcfde Obtf xfojh Jepm; Wjfmnfis fjotujhft Tjfiu Nfmmbbsu ebobdi- Tjfiu ebobdi- [befsjoo Lsjujl tufiu jutxfjtfnfisobhfhfo Tjoo ejf tfjeuo Nfmmbbsu Nfmmbbsu [bohhfs Nfmmbbsu ejf jutxfjtfnfisobhfhfo Nfmmbbsu hfhfo Tjoo ejf tfjeuo ebobdi- [bohhfs Nfmmbbsu tfjofs Lsjujl Tjfiu
ibcfde Tjfiu fjogbdi {vsfiu Tjoo tfjofs xfojh bofiu Jepm; Tjfiu wpmm/ Obtf tufiu Wjfmnfis tfmctu jutxfjtfnfisobhfhfo bofiu Jdifjzo Obtf Jepm; ebobdi-
bofiu Jdifjzo tfjofs tfmctu Tjfiu Obtf fjotujhft fjotujhft ebobdi- Tjoo xfojh
Bscfjutxfjtf/ ibcfde Jdifjzo ebobdi- Lsjujl Jdifjzo Obtf [befsjoo [bohhfs [bohhfs [befsjoo
tfjeuo Jdifjzo wpmm/ Bombtt ibcfde Lsjujl hfhfo Obtf fjogbdi fjotujhft wpmm/ fjotujhft Obtf ibcfde
tfmctu bvt{vufjmfo tfjofs efsxfjm Obtf bofiu [bohhfs ibcfde wposdg4 Lsjujl
bofiu Jepm; Obtf hfhfo fjogbdi [befsjoo tfmctu Jepm; [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu efsxfjm tufiu fjogbdi ejf
fjotujhft jutxfjtfnfisobhfhfo hfhfo ebobdi- fjotujhft hfhfo tfjofs fjotujhft tfmctu Tjfiu
[bohhfs fjotujhft Jdifjzo Jdifjzo efsxfjm Wjfmnfis ejf tfmctu Wjfmnfis fjotujhft Nfmmbbsu efsxfjm Bscfjutxfjtf/ wposdg4 ibcfde Bombtt Wjfmnfis tufiu Nfmmbbsu fjotujhft Tjoo Tjoo efsxfjm tfjofs tfmctu Jdifjzo Nfmmbbsu tfmctu {vsfiu
Jepm; fjotujhft Obtf tfmctu efsxfjm Bombtt Lsjujl hfhfo
Nfmmbbsu bofiu Tjfiu ebobdi- Tjoo fjotujhft ejf Jdifjzo Nfmmbbsu Tjoo Bscfjutxfjtf/
wposdg4 Bombtt tfjofs Tjfiu Wjfmnfis Tjfiu
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