There is no legislation to regulate competition in St. Vincent and the Grenadines. The Director of Public Prosecutions has the authority to prosecute a number of corruption-related offenses. The unicameral legislature is the House of Assembly. Emergency After-Hours Telephone: +(246) 227-4000 Through the Invest St. Vincent and the Grenadines Authority (Invest SVG), the government facilitates FDI and maintains an open dialogue with current and potential investors. Commissioner of Police The judicial system consists of lower courts, called magistrates courts, and a family court. - Public Health (Covid-19) Rules 2021. There are no criminal or administrative sanctions for not providing a response and there is no appeal mechanism for review of a disclosure denial. Telephone: (784) 451-2235 | (784) 451-2236. Severe Weather Information Statement For Saint Vincent And The Grenadines Issued. Members of GECCU are asked to note that scholarship application forms for the 2023 Caribbean Primary Exit Assessment (CPEA) are available at GECCU's Kingstown, Georgetown, South Rivers, Bequia, Canouan and Union Island offices. Go out in groups or with a companion and restrict nighttime activities to established safe and reputable venues. Ministry of Health and the Environment According to the World Banks 2020 Doing Business Report, dispute resolution generally took 595 days, though this may vary. An official website of the United States Government, Bureau of International Narcotics and Law Enforcement Affairs: Eastern Caribbean Summary, CIA World Factbook Saint Vincent and the Grenadines Page, History of U.S. Relations With Saint Vincent and the Grenadines, USAID Eastern and Southern Caribbean Page, Office of the Special Envoy for Critical and Emerging Technology, Office of the U.S. It is composed of 15 members (called representatives) elected to five-year terms by universal adult suffrage, along with six nonelected members (called senators) who are appointed by the governor-generalfour on the advice of the prime minister and two on the advice of the leader of the opposition. The United States established historically friendly diplomatic relations with Saint Vincent and the Grenadines in 1981 following its independence from the United Kingdom. 2023 The Economic Union established a single financial and economic space within which all factors of production, including goods, services, and people, move without hindrance. However, the British High Commission in Bridgetown, Barbados can provide consular support to British nationals. There are also direct flights between St Vincent and Miami and New York, on American Airlines and Caribbean Airways respectively. 457-6836. The reserve requirement for commercial banks was six percent of deposit liabilities. Saint Vincent and the Grenadines has an open economy with a dependence on imports, 19% of which come from the United States. Students:See ourStudents Abroadpage andFBI travel tips. Laws and Regulations on Foreign Direct Investment. NOTE:Generally, all U.S. citizens are required to present a valid U.S. passport when traveling to Saint Vincent and the Grenadines, as well as proof of anticipated departure from the country. Sidewalks (if they exist) are very uneven and will only occasionally have ramps at intersections. The U.S. Embassy is not aware of any outstanding expropriation claims or nationalization of foreign enterprises in St. Vincent and the Grenadines. The International Labor Organization (ILO) has noted with concern the discretionary authority of the government over trade union registration, and the governments unfettered authority to investigate the financial accounts of trade unions. Be aware that U.S. Medicare and Medicaid programs do not apply overseas. H.E. Invest SVGs FDI policy is designed to attract investment into priority sectors. Before you travel, check the Entry requirements section for St Vincent and the Grenadines current entry restrictions and requirements. One of the mandates of the Department of Labor is to serve as a dispute resolution mechanism. Ministerial Building Media Center. The government of St. Vincent and the Grenadines, through Invest SVG, strongly encourages FDI, particularly in industries that create jobs and earn foreign currency. The Governor General may, if both parties consent, refer the dispute to an arbitration panel for settlement. More information is available at http://www.cipo.gov.vc. * Source for Host Country Data: Eastern Caribbean Central Bank https://eccb-centralbank.org/statistics/dashboard-datas/. As a member of the OECS, its foreign exchange system is fully liberalized. The ECCB regulates financial institutions. Links to external websites are provided as a convenience and should not be construed as an endorsement by the U.S. Department of State of the views or products contained therein. The High Court hears criminal and civil (commercial) matters and makes determinations on constitutional matters. Women Travelers:See our travel tips forWomen Travelers. The ULP won a third consecutive general election in December 2010, and Dr Ralph Gonsalves was returned as prime minister. St. Vincent and the Grenadines does not have any specific legislation to regulate cryptocurrencies. Public Transportation:Public transportation consists of mini-buses and taxis. Francis Etienne, Ambassador Extraordinary and Plenipotentiary of The Republic of France to the OECS, Presented Letters Of Credence to the Governor General of Saint Vincent And The Grenadines. The United States supports the Government of Saint Vincent and the Grenadines' efforts to expand its economic base and to provide a higher standard of living for its citizens. 2021 Investment Climate Statements: Saint Vincent and the Grenadines, An official website of the United States Government. The hours of work for specified categories of workers are usually eight hours per day with overtime generally calculated at a rate of time and a half and double time for work done on Sundays and public holidays. Public Health COVID-19 Gathering Rules 2021, Protocol For Special Quarantine Arrangement - Working Quarantine - Humanitarian, Bubble Resort Protocols & FAQs-Mandarin Oriental, Canouan, Protocol for the Entry of Travellers to Saint Vincent and the Grenadines by Yacht - (Revised 16-06-22), Yachts Request for Quarantine on Board Form, S.R. Drivers often stop in the middle of the roadway without warning. Local radio and television programming is provided by a government-owned broadcasting company in the capital. There is no restriction on domestic investors seeking to do business abroad. Article 27 (1) allows employees to ask that their services be deemed as severed after six weeks of being laid off from work. In the tourism sector, the Hotels Aid Act provides incentives for the renovation, refurbishment, and expansion of existing hotels and for the construction of new hotels. If you decide to travel to St. Vincent and the Grenadines: Wildey Business Park For additional information about national laws and points of contact at local IP offices, please see WIPOs country profiles at http://www.wipo.int/directory/en/. There are no alleged or reported human or labor rights concerns relating to responsible business conduct of which foreign businesses should be aware. It promotes economic development through private sector initiatives in Central America and the Caribbean by expanding foreign and domestic investment in non-traditional sectors, diversifying country economies, and expanding their imports. The Aliens Land Holding Act regulates the holding of land and mortgages related to land by individuals who are non-nationals and companies controlled by non-nationals. Women are increasingly involved in economic, political, and cultural life to a greater degree than was the case traditionally. La Soufriere, an active volcano located on the northern part of St. Vincent, poses a constant threat. There is no obligation for the government to consider proposed amendments prior to implementation. As you would in any major metropolitan area of the U.S., use the below personnel security measures while traveling: *Abide by the above security measures at all times, be aware of your surroundings in all areas, and use added vigilance while in isolated areas where tourists do not normally frequent. Telephone Number. Air Canadas service between St Vincent and Toronto recommenced on 5 November 2022. However, crimes of opportunity such as petty larceny, burglary, automobile break-ins; as well as incidents of violent crime, such as murder, sexual assault, robbery, shootings, and drug related crimes do occasionally occur. The main activities are the primary issuance and secondary trading of corporate and sovereign securities, the clearance and settlement of issues and trades, maintaining securities holders records, and providing custodial, registration, transfer agency, and paying agency services in respect of listed and non-listed securities. Compulsory primary and secondary education policies reinforce minimum age requirements. 20 of 2003 allows for severance. Please see Fact Sheet for this country/area. The Enforcement Division also conducts investigations of customs offenses and administers fines and penalties. Find out about the Energy Bills Support Scheme, British High Commission in Bridgetown, Barbados, View a printable version of the whole guide, About Foreign, Commonwealth & Development Office travel advice, UK help and services in St Vincent and The Grenadines, Travelling to St Vincent and The Grenadines. Aviation Safety Oversight: The U.S. Federal Aviation Administration (FAA) has assessed the government of Saint Vincent and the Grenadines Civil Aviation Authority as being in compliance with International Civil Aviation Organization (ICAO) aviation safety standards for oversight of Saint Vincent and the Grenadines air carrier operations. U.S. assistance to Saint Vincent and the Grenadines is channeled primarily through multilateral agencies such as the World Bank. 03 / Select Countries You can add more than one country or area. Most secondary schools are government controlled, with a few run by the Catholic and Anglican religious organizations with government assistance. If approved, the non-national must file the license at the Registry of the High Court. Cases of Chikungunya virus have been confirmed in St Vincent and the Grenadines. If you see something suspicious or unusual contact local police to report immediately. Guadeloupe, Martinique, Saint Martin, and Saint Barthlemy (French West Indies), North Korea (Democratic People's Republic of Korea). The Equal Pay Act makes provision for the removal and prevention of discrimination, based on the sex of the employee, in the rates or remuneration for males and females in paid employment. It comprises the High Court of Justice and the Court of Appeal. The Nine Mornings Festival takes place in Kingstown in the nine mornings preceding Christmas. Companies holding at least five acres of land may restrict or prohibit the issue or transfer of their shares or debentures to non-nationals. The sport of netball has also produced a number of strong Vincentian national teams. assist you in reporting a crime to the police, contact relatives or friends with your written consent, explain the local criminal justice process in general terms, provide an emergency loan for repatriation to the United States and/or limited medical support in cases of destitution, help you find accommodation and arrange flights home. Buses and taxis do not have special accommodations. The Labor Department has a small cadre of labor inspectors who conduct spot investigations of enterprises and checked records to verify compliance with the labor laws. If traveling with prescription medication, check with the government of Saint Vincent and the Grenadines to ensure the medication is legal in Saint Vincent and the Grenadines. St. Vincent and the Grenadines ranked 61st of 190 countries in enforcing contracts in the report. See the State Department's travel website for the Worldwide Caution and Travel Advisories. Do not be predictable; vary your daily routes and schedules. An attorney must submit the application and Cabinet must approve it. Kingstown. Table 3: Sources and Destination of FDI Global AIDS Coordinator and Global Health Diplomacy, Office of the U.S. Special Presidential Coordinator for the Partnership for Global Infrastructure and Investment, Special Presidential Envoy for Hostage Affairs, Special Representative for Syria Engagement, U.S. Security Coordinator for Israel and the Palestinian Authority, Office of the U.S. The new import tax regime lowers Import Duty and Excise Tax rates on certain classes of motor vehicles and modified the motor vehicle Surcharge Tax. St. Vincent and the Grenadines does not have a recent history of politically-motivated violence or civil disturbance. Article 139 of the EPA requires parties to ensure an adequate and effective implementation of the international treaties dealing with intellectual property to which they are parties, and of the Agreement on Trade Related Aspects of Intellectual Property (TRIPS).. Welcome. The National Emergency Management Organisation (NEMO) in collaboration with the Ministry of Education and the Agency for Public Information invite residents of Barrouallie and Surrounding areas to a Town Hall Meeting to commemorate the activities to mark the 2nd anniversary since the last explosive eruptions of the La Soufrire volcano. OUR VISION To be focused, dynamic, efficient, and a disciplined catalyst, providing professional and high quality service for sustainable growth and development in Saint Vincent and the Grenadines. The hurricane season normally runs from June to November. There are no limits on foreign control in St. Vincent and the Grenadines, nor are there requirements for local investment or ownership in locally registered companies, although non-nationals must apply for a license from the Prime Ministers Office to acquire more than 50 percent of a company. Internal self-government was achieved in 1969 and full independence came a decade later. Kingstown has a number of cultural heritage sites. St. Vincent and the Grenadines is a member of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, also known as the New York Arbitration Convention. The Industry Unit under the Ministry of Finance, Economic Planning, Sustainable Development and Information Technology administers this Act. It is also a member of the UN World Intellectual Property Organization and is a signatory to its treaties. The government generally enforces labor laws, and penalties are sufficient to deter violations. The Trade Disputes Act provides that alternative dispute mechanisms are available as a means for settling disputes between two private parties. For additional IPCA-related information, please see theInternational Child Abduction Prevention and Return Act (ICAPRA)report. These bodies may conduct proceedings in public or private. As of March 31, 2020, there were 154 securities listed on the ECSE, comprising 134 sovereign debt instruments, 13 equities, and seven corporate bonds. Foreign investors may finance investments using domestic or foreign capital sources. Passports and visa:U.S. citizens must have a valid U.S. passport at time of entry. The ECSE is a regional securities market established by the ECCB and regulated by the Eastern Caribbean Securities Regulatory Commission. The Bankruptcy and Insolvency Act governs the countrys bankruptcy framework and grants certain rights to debtors and creditors. St. Vincent and the Grenadines has not signed a bilateral investment treaty with the United States. ltima actualizacin: 23 de junio, 2011. The Eastern Caribbean Supreme Court Act establishes the Supreme Court of Judicature, which consists of the High Court and the Eastern Caribbean Court of Appeal. Policy, Planning and Administration Community Health Services Hospital Services Geriatric Services Mental Health Services Laboratory Services Environmental Health Services World Pediatric Project (WPP) Projects Communications Health Professional Associations Covid-19 Updates Covid-19 Hotline: 1784-534-4325 - Your health is a shared responsibility Use added caution when attending crowded events, celebrations, music festivals, etc. Unanticipated spending on health care, extended welfare and unemployment benefits, and economic stimulus initiatives, coupled with a sharp drop in government revenues in 2020, forced the government to borrow to finance a widening fiscal deficit. The OECS has not conducted a trade policy review in the last three years. Parties may appeal first to the Eastern Caribbean Supreme Court, an itinerant court that hears appeals from all OECS members. The government and the public view responsible business conduct positively. Please click for full details. The government confers certain benefits on registered trusts, including exemptions from various taxes and duties provided the settler was not insolvent at the time the trust was created or did not become insolvent because of the creation of the trust. It seeks to create opportunities for Saint Vincent and the Grenadines in the field of foreign trade through the negotiation and monitoring of the relevant agreements and treaties. The Ministry of Public Service, Consumer Affairs and Sports wishes to notify the General Public that the Consumer Affairs Officers will be in Bequia to renew and issue Traders Licence for the year 2023. The Ministry of Foreign Affairs and Foreign Trade is located on the 3rd Floor of the Administrative Centre on Bay Street. They include the Botanical Gardens (founded in 1765) and Fort Charlotte (1806); of architectural interest is the Georgian-style St. Georges (Anglican) Cathedral. Limits on Foreign Control and Right to Private Ownership and Establishment. The CBB and the FSC established a regulatory sandbox in 2018 where financial technology entities can do live testing of their products and services. The countrys markets are usually well stocked with fruits and vegetables. CARIBCAN is an economic and trade development assistance program for Commonwealth Caribbean countries in which Canada provides duty-free access to its national market for most products originating in Commonwealth Caribbean countries. Vincent and the Grenadines condemns unequivocally the bombarding on 8th January, 2023, of the physical facilities of the democratic institutions of the National Congress and the Supreme Court of Brazil by the forces of fascism and barbarism allied to the former President Jair Bolsonaro who was defeated in the recent presidential elections by Luiz We use some essential cookies to make this website work. Invest SVG provides business support services and market intelligence to all investors. The VAT Implementation Unit exists to administer the Value Added Tax in St. Vincent and the Grenadines with a high degree of efficiency, integrity and fairness, minimizing the compliance costs to businesses, while collecting revenues to facilitate economic growth and development. Fifteen members are elected at least every five years by universal adult suffrage, six senators are appointed by the governor-general on the advice of the prime minister, and two on the advice of the leader of the opposition. During the period of its control of Saint Vincent and the Grenadines, Britain . The EPA between the CARIFORUM states and the European Community contains the most detailed obligations in respect to intellectual property in any trade agreement to which St. Vincent and the Grenadines is a party. Political/Economic Section Medical Insurance:Make sure your health insurance plan provides coverage overseas. It has double-taxation treaties with the United States, Canada, the UK, Denmark, Norway, Sweden, and Switzerland. Fax: +(246) 431-0179 Ministries develop these laws, and the Ministry of Legal Affairs drafts them. Check passport expiration dates carefully for all travelers! Firearms:Do not enter Saint Vincent and the Grenadines with firearms or ammunition without prior express consent from the Saint Vincent and the Grenadines government. Through the Fiscal Incentives Act, St. Vincent and the Grenadines offers many incentives for investors and provides the necessary information on the laws, criteria, and application procedures to qualify for these incentives. The Wages Council Act establishes the Wages Council, which addresses minimum wages, hours of work, overtime, vacation, sick leave, and maternity leave for specified categories of workers. The United States is working with other governments, global initiatives including COVAX and the African Vaccine Acquisition Trust (AVAT), and other partners to get COVID-19 vaccines to where they are needed most. Test on Sunday 23 April, 3pm. 17 August 2017. Barbados, W.I. A prime minister, the leader of the majority party, is the head of government. The High Courts jurisdiction includes fundamental rights and freedoms, and constitutional issues. St. Vincent and the Grenadines ratified the WTO Trade Facilitation Agreement (TFA) in 2017 and subsequently notified its Category A measures. Avoid walking alone, especially at night, on beaches, and in isolated or poorly lit locations. CARICOM has bilateral agreements with Cuba, Colombia, Costa Rica, the Dominican Republic, and Venezuela. The police and court systems are generally unbiased in commercial matters. Dont worry we wont send you spam or share your email address with anyone. If you wish to remain on travel.state.gov, click the "cancel" message. Saint Vincent and the Grenadines is a constitutional monarchy with a parliamentary form of government. The Public Accounts Committee and Director of Audits ensure the government follows administrative processes. It also reviews all investment projects applying for government incentives to ensure they conform to national interests and provide economic benefits to the country. St. Vincent and the Grenadines Global Economic Prospects examines trends for the world economy and how they affect developing countries. What you need to know before you go: visas, Embassy & Consulate locations, vaccinations, etc. Most visits to St Vincent and the Grenadines are trouble-free, but there have been incidents of crime including murder, robbery and assault. Sejilla McDowall This includes 114,780 Pfizer doses. The unicameral legislature, the House of Assembly, has 21 members. Data not available. International Child Abduction Prevention and Return Act (ICAPRA), Prepare a contingency plan for emergency situations. Under present regulations, there are no personal income taxes, estate taxes, corporate income taxes, or withholding taxes for international companies operating in St. Vincent and the Grenadines. Contactthe Embassy of Saint Vincent and the Grenadinesbefore you travel with questions regarding travel with firearms. The constitution guarantees the independence of the judiciary. The government recognizes voluntary mediation or conciliation as dispute resolution mechanisms. The islands of St Vincent and the Grenadines, located between the Caribbean Sea and North Atlantic Ocean and north of Trinidad and Tobago, are also known as the gems of the Antilles. See Crime, Dengue fever is endemic to Latin America and the Caribbean and can occur throughout the year. Laws pertaining to Invest SVG also govern FDI. The Fiscal Incentives Act confers income tax credits in the form of export allowance to qualifying enterprises for the export of approved products. In addition, the government circulates bills at stakeholder meetings. The British monarch is the head of state and is represented by an appointed governor-general. The six independent countries and Montserrat (a British Overseas Territory) ratified the Revised Treaty of Basseterre establishing the OECS Economic Union, which entered into force in 2011. Royal St. Vincent and the Grenadines Police Force The government of St. Vincent and the Grenadines, through Invest SVG, strongly encourages FDI, particularly in industries that create jobs and earn foreign currency. Arrest Notification:If you are arrested or detained, ask police or prison officials to notify the U.S. Embassy immediately. ContactEmbassy of Saint Vincent and the Grenadinesbefore you travel with questions regarding travel with firearms. Please click for full details. Tourism:The tourism industry is unevenly regulated, and safety inspections for equipment and facilities do not commonly occur. Convicted offenders can expect long jail sentences and heavy fines. All COVID-19 related travel restrictions have been lifted. Sandy Bay HC. Flu Clinics Throughout Saint Vincent and the Grenadines. As part of supervision, licensed financial institutions are required to submit monthly, quarterly, and annual performance reports to the ECCB. The breach of any condition of the license authorizes forfeiture to the government of the interest held by the non-national. St. Vincent and the Grenadines accepted the obligations of Article VIII of the International Monetary Fund Agreement, sections 2, 3, and 4, and maintains an exchange system free of restrictions on making international payments and transfers. The country, however, has bilateral tax treaties with the United States, Canada, the UK, Denmark, Norway, Sweden, and Switzerland. The Banking Act requires all commercial banks and other institutions to be licensed. Temporary Closure Of Rawacou Recreation Park. The value of the land is based on the amount for which the land would be sold on the open market by a willing seller. Georgetown HC. Please . The relationship between national and regional systems is such that each participating member state is expected to coordinate and adopt, where possible, common national policies aimed at the progressive harmonization of relevant policies and systems across the region. Pursuant to Schedule 3 of the Proceeds of Crime Act Cap 180 The Attorney Generals Chambers is the Central Authority for Mutual Legal Assistance Requests. There was a candidate entry of 596; 553 of whom were from the Saint Vincent and the Grenadines Community College, and 43 Private Candidates. COVID-19 Protocols Documents Office of the Special Envoy for Critical and Emerging Technology, Office of the U.S. Telephone: +(246) 227-4399 The Ministry of Tourism administers the Act. Traders License For The Year 2023. Gaps remain in the legal framework, as Saint Vincent and the Grenadines law does not fully meet international standards because the use of children for prostitution, pornography, or pornographic performances is not prohibited. These steps are listed at http://www.investsvg.com. The Registry collects all applicable registration fees and stamp duties. Member states are required to establish and maintain a national competition authority for implementing the rules of competition. Parties can be represented by legal counsel before the arbitration panel. The OECS promotes harmonization among member states in foreign policy, defense and security, and economic affairs. There is no hyperbaric chamber, and divers requiring treatment for decompression illness must be evacuated from the island. Its purpose is to promote economic integration among its 15 member states. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. These are applicable if certain conditions are met, one of which being that the trust must not be domiciled in the country. Bilateral Investment Agreements and Taxation Treaties, 12. Email: svgpolice@gmail.com. The capital and major port is Kingstown, on Saint Vincent. Basketball and womens cricket and football are gaining popularity. Both governments are concerned with combating both local production and the transshipment of narcotics. Trade unions and leaders of the trade union movement enjoy a strong voice in the labor and economic affairs of the country. Saint Vincent and the Grenadines The name Saint Vincent originally applied to the mainland and the group of smaller islands associated with it. According to Eastern Caribbean Central Bank (ECCB) statistics, St. Vincent and the Grenadines 2020 estimated gross domestic product (GDP) was 783 million USD (2.12 billion Eastern Caribbean dollars) in 2020. Government of Saint Vincent and the Grenadines. St. Vincent and the Grenadines does not have a credit bureau. The United States provides training, equipment, and material to Vincentian security forces, including through the Caribbean Basin Security Initiative. National laws govern all regulations relating to foreign investment. Estimates of Revenue & Expenditure for the Year 2023, Post Disaster Needs Assessment - Volcanic Eruption, National Economic and Social Development Plan, National Centre For Technology Innovation, Onsite Programme SVG - Offering National Support For Internship Training And Employment Application Form, IMF Executive Board Concludes 2022 Article IV Consultation with St. Vincent and the Grenadines. Deter violations the British monarch is the head of government ), Prepare a contingency plan for emergency.... Or labor rights concerns relating to foreign investment religious organizations with government assistance General in. Insolvency Act governs the countrys markets are usually well stocked with fruits and vegetables and... Among its 15 member States are required to establish and maintain a competition... Held by the non-national any outstanding expropriation claims or nationalization of foreign enterprises st.! & Consulate locations, vaccinations, etc a credit bureau reinforce minimum age.... And subsequently notified its Category a measures or reported human or labor rights concerns relating to business. Policy, defense and security, and constitutional issues of st. Vincent and the the! Go out in groups or with a companion and restrict nighttime activities to established safe reputable. ; s travel website for the Worldwide Caution and travel Advisories address with anyone in December,! Islands associated with it Trade unions and leaders of the license at the Registry of the authorizes. Country Data: Eastern Caribbean securities Regulatory Commission Latin America and the Public view responsible business conduct.! A Trade policy review in the middle of the OECS promotes harmonization among member States an economy. And Director of Audits ensure the government generally enforces labor laws, and annual performance to! Invest SVG provides business support services and market intelligence to all investors for implementing rules... The High Court hears criminal and civil ( commercial ) matters and makes determinations on constitutional matters is no on... To responsible business conduct of which come from the island are very uneven and will only occasionally have at... Is not aware of any outstanding expropriation claims or nationalization of foreign enterprises in st. Vincent and the Grenadines economic. Responsible business conduct positively national interests and provide economic benefits to the Eastern Caribbean securities Regulatory.! S travel website for the government of the license at the Registry of the license authorizes forfeiture the. Ratified the WTO Trade Facilitation Agreement ( TFA ) in 2017 and subsequently its! 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