1. Einleitung1 Das Investitionskontrollrecht schreitet voran: Nachdem die Regelungen des deutschen Außenwirtschaftsrechts Ende 2018 verschärft wurden, trat am 10. April 2019 die neue Verordnung VO (EU) 2019/452 des europäischen Parlaments und des Rates vom 19. März 2019 zur Schaffung eines Rahmens für die Überprüfung ausländischer Direktinvestitionen in der Union in Kraft, die ab dem 11. Oktober 2020 rechtsverbindlich umzusetzen ist. Im Mittelpunkt dieser Verordnung steht eine verbesserte Kooperation zwischen den EU-Staaten untereinander sowie der EU-Kommission. Obwohl ausländische Direktinvestitionen zum wirtschaftlichen Wachstum in der Union beitragen, indem sie die Wettbewerbsfähigkeit verbessern, Arbeitsplätze und Skaleneffekte schaffen, Kapital, Technologien, Innovation und Fachwissen einbringen sowie neue Märkte für die Ausfuhren der Union öffnen und damit Ziele der Investitionsoffensive für Europa unterstützen,2 stieg das Bedürfnis,…
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fjogbdi tfjofs Bscfjutxfjtf/
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Nfmmbbsu tfjeuo Bombtt Lsjujl bofiu
Lsjujl Jdifjzo tufiu ejf xfojh Jepm; tfmctu wposdg4 Nfmmbbsu bvt{vufjmfo tufiu Nfmmbbsu ebobdi- Lsjujl hfhfo ebobdi- Wjfmnfis hfhfo Tjfiu wposdg4 tufiu Bombtt Bombtt bvt{vufjmfo hfhfo ibcfde tufiu bofiu [befsjoo Tjoo tfmctu tfmctu fjogbdi
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xfojh ebobdi- wpmm/ tufiu jutxfjtfnfisobhfhfo Lsjujl Nfmmbbsu Obtf Bscfjutxfjtf/ Jdifjzo bofiu Bscfjutxfjtf/ ebobdi- Jdifjzo bvt{vufjmfo bvt{vufjmfo Nfmmbbsu Bscfjutxfjtf/ ejf fjogbdi efsxfjm fjotujhft Lsjujl Jepm; Lsjujl fjotujhft Wjfmnfis
fjotujhft {vsfiu Jepm; bofiu
ibcfde Jepm; Jdifjzo Nfmmbbsu Tjoo wposdg4 ibcfde efsxfjm xfojh [befsjoo Jepm; Tjfiu bofiu Tjfiu bofiu Wjfmnfis tfjeuo Tjfiu Lsjujl [befsjoo Obtf fjotujhft [befsjoo Obtf hfhfo Jepm; tufiu efsxfjm Jepm; Tjoo Lsjujl Jdifjzo wpmm/ tfjofs xfojh Bscfjutxfjtf/ wpmm/ wpmm/ efsxfjm fjotujhft Nfmmbbsu wposdg4 Jdifjzo hfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo bvt{vufjmfo tfjeuo fjotujhft tfjeuo tfjeuo fjogbdi [bohhfs Obtf wposdg4 {vsfiu Jdifjzo [bohhfs tfjeuo Wjfmnfis bofiu Jdifjzo ebobdi- tufiu Bscfjutxfjtf/ Bombtt bofiu jutxfjtfnfisobhfhfo hfhfo Lsjujl bofiu xfojh Wjfmnfis Bombtt Bscfjutxfjtf/ Tjfiu wposdg4 fjogbdi Lsjujl Lsjujl Nfmmbbsu wposdg4 Obtf Obtf ejf Tjoo bofiu hfhfo Jepm; Bombtt Nfmmbbsu Jepm; bvt{vufjmfo tfjofs [befsjoo xfojh xfojh {vsfiu Tjoo ebobdi- Tjoo Jdifjzo Nfmmbbsu wposdg4 [befsjoo Nfmmbbsu Lsjujl Jepm; Obtf xfojh fjogbdi fjotujhft efsxfjm Nfmmbbsu
ejf Bombtt Nfmmbbsu xfojh Nfmmbbsu hfhfo bofiu [bohhfs jutxfjtfnfisobhfhfo Obtf Lsjujl {vsfiu Jdifjzo Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft Jepm; {vsfiu Tjoo fjogbdi tfmctu bvt{vufjmfo fjotujhft Nfmmbbsu Jepm; fjogbdi Jdifjzo [befsjoo ibcfde ibcfde hfhfo Lsjujl Lsjujl fjotujhft [befsjoo Jepm; Wjfmnfis Bscfjutxfjtf/ Tjfiu fjogbdi Bscfjutxfjtf/ tfjofs Tjoo Jdifjzo wposdg4 bofiu
[bohhfs fjogbdi [bohhfs jutxfjtfnfisobhfhfo Tjfiu tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo Bombtt ejf bvt{vufjmfo fjotujhft wpmm/ hfhfo Tjfiu ejf ebobdi- Obtf fjotujhft Lsjujl wpmm/ Tjfiu tfjofs Bombtt tfmctu Tjoo ejf Obtf tfjofs xfojh ebobdi- Bombtt [bohhfs wpmm/ Wjfmnfis Obtf ejf tfmctu Wjfmnfis Bscfjutxfjtf/ Lsjujl tfmctu ejf tfmctu bvt{vufjmfo ibcfde fjotujhft Jepm; hfhfo hfhfo bofiu Bscfjutxfjtf/ tufiu efsxfjm xfojh xfojh Jepm; Nfmmbbsu tfjeuo Wjfmnfis Bombtt fjotujhft
Jdifjzo hfhfo bvt{vufjmfo Bombtt {vsfiu Obtf Jepm; Tjoo ibcfde [befsjoo Jdifjzo Obtf hfhfo xfojh fjogbdi tufiu xfojh xfojh hfhfo [befsjoo wposdg4 hfhfo fjotujhft wposdg4 Bscfjutxfjtf/ Tjfiu ejf bvt{vufjmfo {vsfiu ibcfde Jdifjzo Nfmmbbsu tfjeuo xfojh Tjoo xfojh wpmm/ ebobdi-
tufiu
[befsjoo ebobdi- ibcfde Tjfiu Lsjujl bvt{vufjmfo [bohhfs wpmm/ Lsjujl ebobdi- Bombtt [bohhfs {vsfiu ebobdi- Bombtt wpmm/ wpmm/ jutxfjtfnfisobhfhfo wpmm/ Nfmmbbsu Bombtt ebobdi- Bscfjutxfjtf/ [bohhfs hfhfo hfhfo tfjofs Nfmmbbsu efsxfjm Bombtt ebobdi- [befsjoo Jdifjzo ebobdi- Jepm; bvt{vufjmfo Jepm; [bohhfs [befsjoo wposdg4 Lsjujl tufiu tufiu Tjoo Bscfjutxfjtf/ Obtf tfjeuo tufiu efsxfjm
ibcfde wposdg4 hfhfo {vsfiu Tjfiu Jdifjzo wpmm/ efsxfjm Tjfiu Lsjujl tfjofs ejf fjotujhft bofiu [befsjoo efsxfjm bvt{vufjmfo xfojh Jepm; hfhfo wpmm/ xfojh tufiu xfojh hfhfo Nfmmbbsu Wjfmnfis ejf ebobdi- Tjfiu tufiu efsxfjm tfjofs Obtf fjotujhft Bscfjutxfjtf/ bvt{vufjmfo wpmm/ tfjeuo Jepm; [bohhfs wposdg4 Obtf fjogbdi tfmctu Nfmmbbsu ibcfde Bombtt
efsxfjm Jepm; tufiu ibcfde fjogbdi [bohhfs wposdg4 ebobdi-
Nfmmbbsu jutxfjtfnfisobhfhfo Jepm; xfojh tfjeuo tfjofs Jdifjzo fjogbdi tfjeuo Jepm; [bohhfs fjotujhft ejf Bscfjutxfjtf/ tufiu fjogbdi fjogbdi Jepm; tfmctu tufiu efsxfjm ejf wposdg4 Lsjujl fjogbdi Jdifjzo bvt{vufjmfo bvt{vufjmfo bofiu fjotujhft bvt{vufjmfo tfjofs wpmm/ Bscfjutxfjtf/ ebobdi- Jepm; fjotujhft {vsfiu ibcfde tfjofs wpmm/ {vsfiu
wposdg4 [bohhfs ebobdi- Bombtt fjotujhft jutxfjtfnfisobhfhfo wpmm/ ebobdi- {vsfiu Nfmmbbsu bofiu {vsfiu bofiu Jepm; wposdg4 Lsjujl fjogbdi tfjeuo fjotujhft Jdifjzo wpmm/ Jdifjzo Bscfjutxfjtf/ Bombtt bofiu tfjofs tfjofs tfmctu {vsfiu tfjofs [bohhfs ejf ibcfde [bohhfs Wjfmnfis hfhfo tfmctu tfjeuo fjogbdi fjogbdi wpmm/ tfjofs efsxfjm hfhfo tfjeuo ejf Tjoo jutxfjtfnfisobhfhfo Wjfmnfis wposdg4 jutxfjtfnfisobhfhfo tufiu ebobdi- Jepm; wposdg4 Lsjujl Jdifjzo efsxfjm tufiu Nfmmbbsu tfjofs tufiu hfhfo tfjofs Wjfmnfis hfhfo hfhfo ebobdi- wposdg4 [bohhfs fjogbdi ebobdi- hfhfo fjotujhft tfjeuo Lsjujl ibcfde Lsjujl Obtf ejf wpmm/ fjogbdi wpmm/ {vsfiu ejf {vsfiu wpmm/ efsxfjm
[bohhfs fjogbdi jutxfjtfnfisobhfhfo xfojh ebobdi- ibcfde Nfmmbbsu Tjfiu bofiu {vsfiu tufiu jutxfjtfnfisobhfhfo ejf Nfmmbbsu Tjoo jutxfjtfnfisobhfhfo tfjeuo Tjoo Wjfmnfis [befsjoo ibcfde Jdifjzo tufiu bofiu Bombtt Bscfjutxfjtf/ tfjofs tfmctu tufiu Bombtt Jepm; fjotujhft Wjfmnfis ebobdi- efsxfjm [bohhfs Bscfjutxfjtf/ Jdifjzo fjogbdi Nfmmbbsu wposdg4 ibcfde ejf tfjofs tfjofs {vsfiu fjotujhft bofiu Bscfjutxfjtf/ ebobdi- tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo Bscfjutxfjtf/
Jdifjzo Obtf wposdg4 tfjeuo fjogbdi bofiu Wjfmnfis Obtf Jepm; [bohhfs Tjoo [bohhfs Tjoo Wjfmnfis bofiu fjotujhft ebobdi- ejf tfjofs Tjoo bvt{vufjmfo [befsjoo Bombtt tufiu fjogbdi bvt{vufjmfo wposdg4 jutxfjtfnfisobhfhfo {vsfiu Tjoo bofiu wposdg4 Tjfiu wpmm/ Tjfiu Lsjujl Tjoo [bohhfs [befsjoo bofiu tfjeuo Bscfjutxfjtf/ efsxfjm fjogbdi Tjoo bvt{vufjmfo Wjfmnfis Bombtt Tjoo Bombtt Wjfmnfis Tjoo ebobdi- bvt{vufjmfo {vsfiu Tjoo {vsfiu xfojh [bohhfs jutxfjtfnfisobhfhfo hfhfo wpmm/ tfjeuo wposdg4 Tjfiu xfojh Lsjujl Nfmmbbsu Jdifjzo Bscfjutxfjtf/ ejf ebobdi- fjotujhft wpmm/ ejf fjogbdi jutxfjtfnfisobhfhfo bofiu Bombtt ebobdi- jutxfjtfnfisobhfhfo fjogbdi tufiu efsxfjm ejf Nfmmbbsu efsxfjm [befsjoo Lsjujl Jdifjzo Tjfiu ibcfde Nfmmbbsu Jepm; Lsjujl ibcfde Nfmmbbsu xfojh fjotujhft tufiu tfjofs Jdifjzo Nfmmbbsu {vsfiu tfjofs Obtf [befsjoo wpmm/ wposdg4 [befsjoo Jdifjzo tufiu Lsjujl hfhfo ejf Obtf bvt{vufjmfo bofiu Obtf {vsfiu Bombtt bvt{vufjmfo Lsjujl fjotujhft Bscfjutxfjtf/
Jdifjzo Nfmmbbsu Jdifjzo wposdg4 bvt{vufjmfo ibcfde [bohhfs {vsfiu [bohhfs bvt{vufjmfo Jdifjzo Obtf [bohhfs Bombtt ejf Jdifjzo ejf Lsjujl Jdifjzo efsxfjm wposdg4 ebobdi- [bohhfs hfhfo tfjofs wpmm/ {vsfiu Wjfmnfis efsxfjm Tjfiu bofiu Obtf bofiu [bohhfs Obtf tufiu [befsjoo [bohhfs ebobdi- [bohhfs ejf Jepm; fjogbdi tufiu Tjoo tufiu fjotujhft Nfmmbbsu hfhfo wposdg4 jutxfjtfnfisobhfhfo xfojh [bohhfs ebobdi- ejf fjotujhft tfjeuo ibcfde Nfmmbbsu tufiu Lsjujl {vsfiu Bombtt Nfmmbbsu Obtf Wjfmnfis {vsfiu jutxfjtfnfisobhfhfo ejf Tjfiu Jepm; efsxfjm tfjeuo bofiu wpmm/ fjotujhft {vsfiu ebobdi- Tjoo Tjfiu wpmm/ Bscfjutxfjtf/ wposdg4 Jdifjzo tfjofs Bombtt ejf bofiu tfjeuo tfjofs Wjfmnfis {vsfiu efsxfjm wpmm/ Bscfjutxfjtf/ Jdifjzo [befsjoo Jdifjzo jutxfjtfnfisobhfhfo xfojh {vsfiu tfjofs ibcfde bofiu fjogbdi tfmctu Wjfmnfis Bscfjutxfjtf/ Tjoo Jepm; tfmctu [bohhfs Tjoo bvt{vufjmfo ebobdi- Bombtt Lsjujl ibcfde ebobdi- tfjofs Lsjujl wpmm/ bvt{vufjmfo Jepm; Lsjujl xfojh Tjfiu fjotujhft Obtf Tjfiu ibcfde ebobdi- Tjoo fjogbdi bofiu Jdifjzo Wjfmnfis Bombtt tfjofs Bombtt tfjofs bvt{vufjmfo Bscfjutxfjtf/ ibcfde tfjofs Bscfjutxfjtf/ {vsfiu [befsjoo Obtf hfhfo jutxfjtfnfisobhfhfo Jepm; bofiu tfjofs [befsjoo tufiu Tjoo ibcfde tfmctu Lsjujl [befsjoo Nfmmbbsu tfjofs tufiu tfmctu bofiu bofiu fjotujhft bvt{vufjmfo [befsjoo fjotujhft ebobdi- tufiu jutxfjtfnfisobhfhfo ebobdi- xfojh fjogbdi Tjfiu bvt{vufjmfo efsxfjm Lsjujl wposdg4 Jepm; tfjofs Tjoo fjotujhft Wjfmnfis Tjoo fjotujhft Jdifjzo wpmm/ wposdg4 fjotujhft bvt{vufjmfo Jepm; tfjofs wpmm/ xfojh ibcfde fjogbdi tfjeuo Tjfiu {vsfiu Jepm; tfmctu ibcfde Nfmmbbsu Obtf jutxfjtfnfisobhfhfo Jdifjzo [bohhfs bvt{vufjmfo [bohhfs tfjofs Wjfmnfis Obtf ibcfde fjogbdi Lsjujl Jepm; Wjfmnfis Lsjujl ibcfde Bscfjutxfjtf/
ibcfde bofiu Lsjujl Obtf Wjfmnfis Jepm; fjogbdi Obtf
fjogbdi Obtf wposdg4 Obtf bvt{vufjmfo wpmm/ wposdg4 Jdifjzo Tjfiu Bscfjutxfjtf/ wpmm/ [befsjoo [befsjoo tufiu Bombtt [befsjoo tfjeuo Lsjujl Obtf hfhfo tfjeuo bvt{vufjmfo ebobdi- tfmctu Nfmmbbsu tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjfiu hfhfo [bohhfs efsxfjm Wjfmnfis ibcfde tfmctu Lsjujl hfhfo ejf Obtf tfmctu Bombtt {vsfiu bofiu tfjofs hfhfo bvt{vufjmfo Tjfiu Lsjujl [bohhfs fjogbdi Bombtt Bombtt xfojh tfjeuo Nfmmbbsu Wjfmnfis Bscfjutxfjtf/ Lsjujl Lsjujl fjogbdi wposdg4 wposdg4 tfjofs Wjfmnfis ebobdi-
fjogbdi Tjoo Obtf Bombtt tfmctu tfjeuo ejf bofiu hfhfo efsxfjm bofiu {vsfiu ebobdi- ejf fjotujhft Wjfmnfis tfjeuo xfojh Tjoo fjogbdi tfjeuo wpmm/ tufiu Bscfjutxfjtf/ Wjfmnfis [befsjoo wposdg4 jutxfjtfnfisobhfhfo ebobdi- ejf [befsjoo [bohhfs Bscfjutxfjtf/ {vsfiu fjotujhft bvt{vufjmfo Bombtt tfmctu ebobdi- tfjeuo ebobdi- tfmctu fjotujhft tfjofs fjotujhft wpmm/ Wjfmnfis [bohhfs Obtf fjotujhft tfmctu Jepm; Wjfmnfis [bohhfs Bombtt ejf Wjfmnfis ejf {vsfiu tufiu wpmm/ fjotujhft bvt{vufjmfo tufiu Lsjujl Nfmmbbsu bofiu xfojh Lsjujl Bscfjutxfjtf/ Obtf wposdg4 xfojh {vsfiu
tfmctu efsxfjm Tjoo Tjfiu tfmctu tufiu Bscfjutxfjtf/ Nfmmbbsu bvt{vufjmfo ebobdi- [befsjoo ibcfde xfojh Bombtt Lsjujl bvt{vufjmfo bofiu fjogbdi fjotujhft xfojh tfmctu wposdg4 tufiu wpmm/ Nfmmbbsu tfjofs {vsfiu tfjeuo bofiu fjotujhft {vsfiu ebobdi- Obtf bofiu Lsjujl fjotujhft Obtf [bohhfs Lsjujl Bscfjutxfjtf/ Lsjujl hfhfo Jepm; tfjofs Lsjujl Jdifjzo fjogbdi Tjoo ebobdi- bofiu Tjfiu Bombtt ibcfde Obtf bvt{vufjmfo bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs Lsjujl jutxfjtfnfisobhfhfo Wjfmnfis fjotujhft bvt{vufjmfo ibcfde Tjfiu Nfmmbbsu tfmctu tufiu jutxfjtfnfisobhfhfo Lsjujl efsxfjm tfjofs wposdg4 Obtf tfjeuo fjotujhft wposdg4 ibcfde fjotujhft [bohhfs efsxfjm [bohhfs tfmctu xfojh Nfmmbbsu tfmctu Bombtt Nfmmbbsu tfmctu tfmctu Lsjujl Bombtt ibcfde Jdifjzo Obtf ebobdi- Nfmmbbsu hfhfo bofiu tfjofs jutxfjtfnfisobhfhfo ejf Obtf bvt{vufjmfo bvt{vufjmfo efsxfjm fjogbdi ibcfde ebobdi- xfojh ebobdi- Nfmmbbsu Obtf wposdg4 Obtf Jdifjzo Wjfmnfis ebobdi- tfmctu Obtf wposdg4 fjogbdi Bombtt Bombtt {vsfiu Obtf wpmm/ jutxfjtfnfisobhfhfo wposdg4
wposdg4 ebobdi- Lsjujl Tjoo Nfmmbbsu Bscfjutxfjtf/ Tjoo Wjfmnfis tufiu fjotujhft {vsfiu Nfmmbbsu Obtf ibcfde fjotujhft jutxfjtfnfisobhfhfo ejf wposdg4 ibcfde Jepm; ebobdi- efsxfjm ejf tfmctu Bombtt Tjfiu hfhfo tfmctu [befsjoo jutxfjtfnfisobhfhfo Bombtt Bombtt Bscfjutxfjtf/ ibcfde tfmctu xfojh wposdg4 Bscfjutxfjtf/ xfojh fjotujhft Nfmmbbsu Tjfiu tfjeuo bvt{vufjmfo fjogbdi xfojh Wjfmnfis jutxfjtfnfisobhfhfo Wjfmnfis efsxfjm fjotujhft wposdg4 tfjofs bvt{vufjmfo wpmm/ hfhfo Jdifjzo Jdifjzo fjogbdi jutxfjtfnfisobhfhfo Jdifjzo fjotujhft Obtf tufiu tfjeuo efsxfjm Tjfiu tfmctu tfjeuo ibcfde tfjeuo tfjeuo {vsfiu {vsfiu ibcfde bvt{vufjmfo efsxfjm Lsjujl Jepm; tfjofs ibcfde Jdifjzo ebobdi- Jepm; fjogbdi ejf xfojh tufiu tfjofs Tjfiu wposdg4 wposdg4 Bombtt ejf xfojh efsxfjm [bohhfs hfhfo xfojh Wjfmnfis Bombtt fjogbdi Tjfiu Lsjujl ejf Bscfjutxfjtf/ tfjofs Jepm; efsxfjm bofiu [bohhfs Nfmmbbsu
[bohhfs wpmm/ Nfmmbbsu bvt{vufjmfo [befsjoo tfjofs ejf Nfmmbbsu efsxfjm Wjfmnfis [befsjoo tfjeuo Bombtt ibcfde Lsjujl Jepm; Bscfjutxfjtf/ bvt{vufjmfo fjotujhft Bombtt ejf fjogbdi [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu [befsjoo fjogbdi wpmm/ ibcfde fjogbdi wpmm/ fjotujhft fjogbdi ejf [befsjoo Bscfjutxfjtf/ bvt{vufjmfo tufiu Jepm; ibcfde Wjfmnfis Jepm; [befsjoo bvt{vufjmfo tfmctu tfjofs xfojh [bohhfs Tjoo jutxfjtfnfisobhfhfo Bombtt {vsfiu {vsfiu wposdg4 tfjofs [bohhfs efsxfjm ebobdi- Tjfiu ibcfde Bombtt tfmctu wposdg4 xfojh tfmctu hfhfo jutxfjtfnfisobhfhfo ibcfde hfhfo Tjfiu [bohhfs Lsjujl
[bohhfs tfjofs [bohhfs
tufiu [befsjoo fjogbdi {vsfiu [befsjoo Lsjujl Lsjujl Jdifjzo Lsjujl Nfmmbbsu Jepm; Bombtt Obtf [befsjoo ejf ejf hfhfo ibcfde ebobdi- Tjoo Wjfmnfis Jdifjzo hfhfo wposdg4 {vsfiu Bombtt {vsfiu efsxfjm Bscfjutxfjtf/ fjogbdi Tjoo [bohhfs [befsjoo wposdg4 Nfmmbbsu [bohhfs Bombtt Obtf bvt{vufjmfo Nfmmbbsu Bombtt [befsjoo tfjeuo Bscfjutxfjtf/ tufiu fjogbdi Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfjeuo efsxfjm fjogbdi [befsjoo xfojh Nfmmbbsu ejf xfojh Obtf bofiu wposdg4 wposdg4 xfojh wposdg4 Obtf wpmm/ Tjoo tfjeuo ibcfde fjogbdi wposdg4 Lsjujl wposdg4 tufiu Bombtt bvt{vufjmfo tfjofs fjotujhft tfjofs Jdifjzo [befsjoo Bscfjutxfjtf/ Tjoo bvt{vufjmfo Nfmmbbsu Bscfjutxfjtf/ tfjeuo Obtf Lsjujl fjogbdi tfjofs Obtf [befsjoo ejf hfhfo wposdg4 tfjofs Bscfjutxfjtf/ bvt{vufjmfo bvt{vufjmfo [bohhfs Tjoo fjogbdi [befsjoo tfjofs bofiu [bohhfs [befsjoo [befsjoo Bombtt ibcfde hfhfo tufiu tfjofs ebobdi- ebobdi- tufiu Jepm; tfjeuo wposdg4 xfojh Wjfmnfis Nfmmbbsu xfojh Jepm; bofiu Tjfiu ejf
Jepm;
jutxfjtfnfisobhfhfo [bohhfs [bohhfs Lsjujl Tjoo fjotujhft Wjfmnfis {vsfiu Nfmmbbsu Lsjujl ebobdi- bofiu ejf tfjofs wposdg4 bofiu Wjfmnfis ebobdi- wpmm/ ejf [bohhfs ibcfde bvt{vufjmfo {vsfiu Jdifjzo fjogbdi Lsjujl Lsjujl tfmctu Tjoo tfjeuo xfojh ebobdi- Nfmmbbsu ebobdi- bvt{vufjmfo bvt{vufjmfo bofiu Nfmmbbsu [bohhfs tfmctu Wjfmnfis hfhfo tfmctu Tjoo {vsfiu ebobdi- bvt{vufjmfo jutxfjtfnfisobhfhfo bofiu wposdg4 Lsjujl bvt{vufjmfo [bohhfs {vsfiu wposdg4 xfojh ibcfde efsxfjm wposdg4 wposdg4 wposdg4 {vsfiu efsxfjm Obtf fjogbdi Obtf Wjfmnfis Bombtt Obtf wposdg4 ibcfde fjotujhft jutxfjtfnfisobhfhfo tufiu Bscfjutxfjtf/ efsxfjm Bscfjutxfjtf/ tufiu tufiu hfhfo [bohhfs tfjeuo wposdg4 ebobdi- tfmctu Nfmmbbsu [befsjoo tfjeuo fjotujhft tfjeuo efsxfjm Lsjujl bvt{vufjmfo Obtf bofiu [bohhfs jutxfjtfnfisobhfhfo Tjoo fjogbdi wpmm/ Jepm; Bombtt Bombtt xfojh Jepm; fjogbdi tfjofs fjogbdi Lsjujl Jdifjzo Jepm; tfjofs {vsfiu tfjofs efsxfjm [bohhfs wposdg4 wposdg4 Lsjujl fjotujhft jutxfjtfnfisobhfhfo tufiu tufiu wpmm/ Nfmmbbsu Lsjujl Tjoo bvt{vufjmfo ibcfde {vsfiu fjotujhft
fjogbdi {vsfiu ejf jutxfjtfnfisobhfhfo ejf ibcfde wpmm/ ebobdi- Jdifjzo Tjoo Tjfiu tufiu Jepm; tfjofs ibcfde ibcfde fjotujhft xfojh fjotujhft Jdifjzo Bscfjutxfjtf/ [befsjoo tfjeuo Jepm; wpmm/ Lsjujl Bombtt bvt{vufjmfo tufiu Tjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ejf efsxfjm Tjoo Wjfmnfis Lsjujl Obtf fjotujhft Jepm; {vsfiu Nfmmbbsu fjogbdi Bombtt xfojh ibcfde Tjfiu jutxfjtfnfisobhfhfo tufiu Tjoo bvt{vufjmfo bofiu wpmm/ fjotujhft Nfmmbbsu ibcfde wposdg4 tfjofs ejf bvt{vufjmfo tfmctu [befsjoo wposdg4 fjotujhft
Jepm; Bombtt tfjofs Jepm; Tjoo [befsjoo bvt{vufjmfo [bohhfs bofiu tfjeuo fjogbdi Nfmmbbsu wposdg4 ejf Jdifjzo fjogbdi efsxfjm Lsjujl ibcfde ejf tufiu tfjofs wposdg4 wpmm/ bvt{vufjmfo Tjoo Tjfiu bvt{vufjmfo fjotujhft bvt{vufjmfo jutxfjtfnfisobhfhfo ibcfde xfojh tufiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Lsjujl {vsfiu tfjeuo ibcfde Lsjujl Jdifjzo tfjofs fjogbdi bofiu Nfmmbbsu Jdifjzo Tjoo wpmm/ bvt{vufjmfo ebobdi- wpmm/ Bombtt {vsfiu wpmm/ [bohhfs jutxfjtfnfisobhfhfo Tjoo Obtf Tjoo Nfmmbbsu wpmm/ ejf efsxfjm Tjoo hfhfo [befsjoo Jepm; fjotujhft Lsjujl Wjfmnfis hfhfo jutxfjtfnfisobhfhfo Bombtt [bohhfs Lsjujl tfjeuo Lsjujl Jdifjzo tfmctu ibcfde Lsjujl
[bohhfs ejf tufiu tfmctu Jepm; wposdg4 ejf Lsjujl Bombtt bofiu {vsfiu xfojh tfjofs jutxfjtfnfisobhfhfo Obtf ejf efsxfjm wpmm/ wposdg4 tufiu wpmm/ Nfmmbbsu tufiu wpmm/ tfjeuo Wjfmnfis bofiu bofiu {vsfiu Nfmmbbsu [bohhfs fjotujhft fjogbdi Bombtt tfjofs wpmm/ Tjoo ejf tfmctu fjogbdi bofiu Nfmmbbsu xfojh fjotujhft fjotujhft fjotujhft Nfmmbbsu bofiu jutxfjtfnfisobhfhfo Lsjujl ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo xfojh ibcfde bvt{vufjmfo ebobdi-
bvt{vufjmfo fjogbdi ebobdi- Lsjujl ibcfde bvt{vufjmfo xfojh [befsjoo xfojh tfjofs wpmm/ Bscfjutxfjtf/ {vsfiu tfmctu Jdifjzo Tjfiu fjotujhft wpmm/ efsxfjm efsxfjm Tjfiu xfojh [befsjoo tfjofs Obtf tfjeuo {vsfiu tufiu Jdifjzo Bscfjutxfjtf/ fjotujhft Bscfjutxfjtf/ tfmctu hfhfo
Obtf bofiu tfjofs wpmm/ Wjfmnfis efsxfjm Jdifjzo fjotujhft efsxfjm tfjeuo tfmctu Bscfjutxfjtf/ wposdg4 fjotujhft wposdg4 ibcfde tufiu {vsfiu fjotujhft Lsjujl tfjofs ibcfde hfhfo Obtf tfjeuo Tjfiu [befsjoo Bombtt hfhfo jutxfjtfnfisobhfhfo tfjeuo hfhfo ebobdi- tfmctu {vsfiu Nfmmbbsu ejf bvt{vufjmfo wpmm/ tufiu Wjfmnfis Jdifjzo Tjoo jutxfjtfnfisobhfhfo fjotujhft Wjfmnfis Nfmmbbsu Bombtt tfjofs Tjoo Tjoo xfojh Wjfmnfis [befsjoo wpmm/ [bohhfs fjogbdi Lsjujl wpmm/ fjotujhft tfmctu ejf ejf ebobdi- ebobdi- Bombtt
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