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Chief Editor: Nadeem A. Jamal Volume: 3 Issue: 4, April 2009 editor@businessmonitorpk.com













by KSE





 
 
 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Coastals is based on two dimensional company packing and moving experts: Ateeq-ur- Rehman
Ateeq-ur-Rehman, Coastals Dimensional CompanyMember of Managing Committee and Chairman of Banking & Insurance Sub-Committee
Ateeq-ur-Rehman is Member of Managing Committee and Chairman of Banking & Insurance Sub-Committee of Karachi Chamber of Commerce & Industry. A man of unshaken determination, coupled with his unflinching endeavour, carried him to the goal and made him a thoroughly successful man, an extremely down to earth, polite in manners. He is the Chief Executive Officer of this grand company. He basically came from East Pakistan. He was born and brought up in Dhaka East Pakistan. He got his early and excellent education from Dhaka. He migrated to Pakistan after independence while expecting plenty of hopes and showing full dedication to Pakistan. His family migrated twice first from Calcutta to Dhaka and then Dhaka to Karachi. Initially he and his family faced a lot of hurdles and obstacles in finding out the job but later on he acclimatized himself successfully. He, after passing a hard period, continued his further education from the best colleges of Karachi, as S. M Law College is one of them. He, apart, has been the General Secretary and President of Government College of Commerce. He obviously left no stone unturned in getting people jobs and his serious attachment to services of humanity is no longer comparable. Mr Ateeq-ur- Rehman started his company "Coastals" a two dimensional company came into existence 30 years back. Coastals is based on Packing and Moving Experts, and they are also the Trend Setters, Promoters, Consultants, Advisor, Rental Agents For PBWH (Purpose Built Ware House) TCWH (Temperature Control Ware House) SME Shed. 
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FOREX RATES

The Arena is playing a pivotal role to boost the career of the young generation: Arshad Kahlil
Arshad Khalil Arena Multimedia
Master franchisee of Arena Multimedia Pakistan was speaking to Business Monitor
Business World today has become far more challenging and demanding than ever before. Gone are the days where MBA distinguishes your CV from others. Higher Education, like Masters Degree, helps you qualify for lucrative newspaper jobs, but does not guarantee your selection even in the short-listed candidates. In such nerve-breaking times, added computer expertise goes a long way in pushing up your CV in the HR Manager's top priority candidate list. This is where Multimedia Education, a 3rd generation professional category in computer education, after the initial saturation of Software and Hardware fields in local industry and overseas comes handy. Today, Multimedia, has taken over business industry by a storm and literally no industry as of today can survive at its best potential without the involvement of multimedia services at any stage of production & development. Though it is a pharmaceutical industry, manufacturing, services, petroleum, insurance, packaging industry - or of course design & printing industry - you name it, they need...IT. ARENA Multimedia is an international IT training center of APTECH World Wide Inc. USA, providing training in the field of computers in organized way which has been tested and preferred over and over again. ARENA Multimedia is the first formal International Digital, Graphic and Multimedia institute in Pakistan.. Arena Multimedia has now 12 centers in different cities of Pakistan, 10 in Karachi (Shahrah-e-Faisal, Gulshan, F.B. Area, Bagh-e-Quaid, Nazimabad, Gulistan- e Jauhar, Defence, Clifton Teen Talwar, North Karachi and Gulshan-e-Hadeed), 1 in Hyderabad and 1 in Lahore. Mr. Arshad Khalil is computed among these multi-dimensional and versatile personalities that believed in working and has been involved in graphic industry since 14 years. He is Master franchisee of Arena Multimedia Pakistan He, 1997 joined graphic industry and 1998 he named it Arena. Initially there were a lot of problems and resistance while operating the business but slowly and steadily he overcome this resistance. 
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We are Dynamic Shipping Agents & International
Logistics provider: Muhammad Sohail
Muhammad Sohail, Blue Sea Shipping Lines
An exclusive interview to CEO of Blue Sea Shipping Lines with Business Monitor
Blue Sea Group of company established in 1992 by Mr. Mohammed Sohail and has always aimed to offer the highest standards of service. Today with over 120 staff working at five offices in major cities of Pakistan, including overseas control department in Birmingham, United Kingdom. The company offers a wide range of transport services to meet the needs of valued Principal's, clients, importers and exporters. Mr. Mohammad Sohail is Chief Execuive Officer of Blue Sea Shipping Lines.
He has been in this field since 17 Years. In his qualification background he is a simple graduated but has plenty of experience regarding shipping. During his tenure he visited many of the countries in term of his search work. In an exclusive interview to Business Monitor he maintained briefing about his company.
BLUE SEA SHIPPING LINES was incorporated since 1992 by a team of professionals who accumulated more than 15 years of experience in Shipping & Logistics management, within two years, the company has made steady progress to become one of the country's key growing Shipping & Logistics provider.
We are reliable and dynamic agents in Pakistan who you should deeply consider whenever your customers strive to be served excellent services, As our slogan goes, we treat your customers and their cargoes with top priority. We are reliable and Dynamic Shipping Agents & International Logistics provider who has aligned companies with the same vision and commitment to our customers need.
Our mission is to provide our customers and overseas partners with highest possible service levels in the Shipping services with a view to achieve maximum customers satisfaction, through competitive price and cost saving with our compromising quality services.
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Mr. Tariq Sayeed, President SAARC CCI, invited as keynote speaker to address the inaugural session of 4th China-South Asia Business Forum
Four member delegation led by Mr. Li Jiashou, Chairman, CCPIT, Yunnan Sub Council on behalf of Mr. Wan Jifei, Chairman CCPIT & Organizing Committee of China-South Asia, visited Pakistan to invite Mr. Tariq Sayeed, President SAARC CCI as key not speaker to address the inaugural session of the 4th China-South Asia Business Forum which is scheduled to be held by CCIPT and the People's Government of Yunnan in Kunming, China in June 5th to 7th, 2009 simultaneously with the 17th Session of China Import & Export Fair, Kunming and the 2nd South Asian Countries Commodities Fair.
It's worth mentioning here this honor is given to prominent Business Leader & President SAARC CCI, Mr. Tariq Sayeed 2nd time. Mr. Tariq Sayeed, President, SAARC CCI had addressed the 3rd China-South Asia Business Forum as keynote speaker at the inaugural session and 16th Session of China Import & Export Fair which was jointly organized by CCPIT and SAARC CCI during June 5-8th, 2008 in Kunming.
During the meeting Mr. Li Jiashou, Chairman CCPIT Yunnan sub council, mentioned that the China 's Trade is about 600 billion USD with the region and with Pakistan its 6 billion USD only. Mr. Sayeed said it's absolutely imbalance of trade and balance of payment is in favor of China . He asked the Chine's delegation for cooperation to get market access to China and asked them to invest in Pakistan.
Mr. Iftikhar Ali Malik, Vice President SAARC CCI said that they are already importing hybrid rice seeds from China which has increased their yield hundred percent. He said that time has come that China should transfer its technology to Pakistan . Mr. Sayeed called upon the business community to take interest in this business forum. Mr. Syeed is expecting to lead a maximum business delegation to China from Pakistan . The Sri Lankan Chamber's President and industrial minister will attend the business forum in Kunming.
Mr. Tariq Sayeed hosted a dinner in honor of Chinese Business delegation. The meeting was attended by Ms. Tan Yun, V.SG CCPIT, Yunnan Sub-Council, Ms. Fan Juanjuan, IR&MA, CCPIT, Yunnan Sub Council, Mr. Iftikhar Ali Malik, V. President SAARC CCI, Mr. Zubair A. Malik, EC Member SAARC CCI, Mr. Zubair Tufail, former President FPCCI and Mr. Kanwar Qutubuddin khan, MD Enecon Marketing Services (Pvt.,) Ltd., Chaudhry M. Sayeed, Former President FPCCI were also present in the meeting.

Articles Reviews Pakistan
China begins long campaign for yuan greatness

China is pushing aggressively for the wider use of its currency abroad, but it will likely take decades before it assumes a truly global role and challenges the US dollar, analysts say. The drive has seen a series of currency swap agreements in the past few months, while public criticism of the dollar-based global system by the central bank governor has given China's recent actions a more ambitious-looking edge. 
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Demand for biomedical facilities
Pprior to discussing the overall market demand for biomedical buildings or laboratories, it is important to understand construction and design attributes relating to various facilities and the safety features presently required to work with bio-toxins. Building design and handling have been evolving since 1941. Although modest improvements in interior barrier designs and handling practices were evident since that time, significant and formal building design and practice changes occurred after 1980 with the discovery of the HIV. Even prior to this discovery, 
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Pakistan among top ten countries facing severe food crisis
Pakistan, which faces shortages of oil, power, gas, irrigation water, etc, is said to be an agricultural country but currently it is facing severe food crisis and there seems no end in sight to the growing crises.
Countries suffering from food price soaring and shortages, including Pakistan, might not face stringent reprisals on acquiring sensitive food items in violation of border-crossing laws to meet the public needs as the amended world customs stipulation of the relevant laws indicate. Pakistan might figure on the list of ten most food-sensitive countries in the world as the country's relevant officials struggle to join the 
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Pakistan National Business News

Pakistan to hold 3-day trade festival
Festival, a Single Country Exhibition from 13 to 15 August 2009 in Buenos Aires. The purpose of this festival is to create awareness among the leading importers and business groups in Argentina regarding the quality products and the export potential of Pakistan vis-à-vis its competitors and to achieve and drive maximum benefit from the emerging opportunities available in the region in general and Argentina in particular, says a press release received from Argentina here today. Argentina is an important market for Pakistani products and remains unexplored due to the variety of reasons.

Optimizing Data Center Management
KalSoft Ltd and Microsoft Pakistan jointly held a successful half day event on "Optimizing Datacenter with System Center Solutions," to articulate the rich feature and functional capabilities of the Microsoft's System Center line of products to the Financial Services and 
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Saudis show 'muted interest' in helping Pakistan
The Obama administration's efforts to help raise $4 billion to $5 billion at an international conference in Tokyo on Friday to help Pakistan are being hampered by Saudi Arabia, according to the Wall Street Journal. 
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Give us a level playing field' - Mr Jakhura, PRGMEA
The textile and garment industry in Pakistan has been going through, what can be called a trial by fire. In 2008, the industry was afflicted by the biggest problem; electricity and gas shortages. Other than those were, labour problems, high mark-ups etc. But what came in the second half of 2008 in the form of a Goliath, made all these problems look like a David. 
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IBA aims to be ranked among top 10 in region
KARACHI - The Institute of Business Administration (IBA) Karachi aims to be ranked among the top 10 in the region in five years' time.
This was pointed out at a reception IBA Karachi on Tuesday hosted for 21 foreign diplomats currently under training at the Foreign Service Academy, Islamabad, as part of the 20th Advanced Diplomatic Course. 
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Pakistan banks fight over RBS business
TWO leading Pakistani banks are going head-to-head in a near-£200 million battle to take over Royal Bank of Scotland's local operations as the 70 per cent taxpayer-owned bank scales back its global business. 
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2009 Will Be Harmfull For World Economy: World Bank
The World Bank has said that the current year will be difficult for the world economy. The bank will provide US$ 2.4 billion loan to Pakistan and other poor countries. The World Bank in a report apprehended that the new year will be difficult 
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Pakistan Banking Boom Continues Despite Events
Recent events have not dampened Pakistan's continued banking and financial sector expansion. The latest development follows a spate of purchases by overseas banks looking to expand in Pakistan. In the latest deal, 
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Limiting SBP financing of budget: government borrows Rs 150 billion from NSS
ISLAMABAD The government borrowed Rs 150 billion from the Central Directorate of National Savings (CDNS) during 2008-09 as part of its commitment to the International Monetary Fund (IMF) in its Letter of Intent (LOI) 
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Pak to receive WB $500m credit
shaukat tareenWashington-Pakistan will receive $ 500 million interest-free credit approved Thursday by World Bank before the end of March in an encouraging sign for the country's economic stabilization effort. The transfer will take place before March 31, bolstering Pakistan's foreign exchange reserves as well as enhancing international investor confidence in the drive 
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KCCI APPRECIATED LAUDABLE SERVICES OF
GOVERNOR OF SINDH, DR. ISHRAT-UL EBAD KHAN

Mr. Siraj Kassam Teli, Chairman Businessmen Group (BMG) and former President of Karachi Chamber of Commerce & Industry, Mr. Tahir Khaliq, Mr. M. Zubair Motiwala, Mr. Haroon Farooki, Vice Chairmen BMG & Former Presidents of KCCI, Mr. Anjum Nisar, 
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Governor Sindh launched KCCI flagship 6th
International Expo my-Karachi-2009 to be
held from 5-7 June 2009

Dr. Ishrat Ul Ebad Khan, Governor of Sindh launched Karachi Chamber of Commerce & Industry's flagship 6th Annual International Exhibition "My-Karachi, Oasis of Harmony (2009)", on 3rd April, 2009 at local hotel
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KCCI DEEPLY CONCERNED AND DEMANDS IMMEDIATE EXAMINATION BY KESC MANAGEMENT OF LEGITIMACY OF ISSUING NOTICES FOR PAYMENT OF SECURITY DEPOSIT
M. Jawed Bilwani, Senior Vice-President, Karachi Chamber of Commerce & Industry, expressing deep concern on issuance of Notices by KESC to industries in S.I.T.E. Area demanding payment in the form of Security Deposit. He strongly disputed the legitimacy of the Notices by KESC and urged the authorities to urgently examine them in light of NEPRA decision.
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KCCI held joint meeting with PSAA & APSA
Karachi Chamber of Commerce & Industry (KCCI) held a joint meeting with Pakistan Ship's Agents Association (PSAA) and All Pakistan Shipping Association (APSA) at KCCI. From KCCI, Anjum Nisar, President, 
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KCCI - TDAP joint seminar on prospects of export to North-West Asian countries
Karachi Chamber of Commerce & Industry (KCCI) and Trade Development Authority of Pakistan (TDAP) organized a joint seminar at KCCI to 
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human rights post karachi

purkashish modeling agency pakistan

Pakistan Economy

Economic growth in fiscal year 2009 likely to remain subdued
FAISALABAD: The Asian Development Bank has observed that the unprecedented increase in global oil and food prices and domestic policy uncertainties in a turbulent political year stressed the Pakistan economy in FY2008, resulting in a slowdown in growth, build-up in inflation, wide fiscal and current account deficits, a weaker currency, and a large drop in foreign reserves.
The 'Asian Development Outlook 2008 Update' (ADO Update) has forecast that the growth in FY2009 is expected to remain subdued at 4.5 percent, with a continued slowdown in commodity producing sectors. Domestic spending will have to rise less than output for the current account deficit to shrink.
Increased risk perception was seen in downgrading of credit ratings, rise in sovereign bond spreads, slide in capital inflows, and declining access to international capital. With continued high oil prices, an ongoing power deficit, and tightened demand management policies to correct macroeconomic imbalances, economic growth in FY2009 is put at only 4.5 percent, ADO Update 2008 said. The ADO Update 2008 says that high inflation will persist as domestic fuel, food, and power subsidies are rationalised. Although imbalances are expected to shrink, they cannot be eliminated quickly. To move forward, a coherent and credible short- to medium-term economic stabilisation and reform program needs to be adopted and implemented, the ADO Update added. 
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Sighs and Sighs
Mawaiz khan Akash
Could Karachi be as prosper as the business community expects on solid bases? The situation is still a question mark and a wave of disappointment among the business community whether the traders, exporters or importers. Now a days the leading associations of the business community, for instance, FPCCI, SAARC, KCCI and KATI, all they have a close tie to the top level politicians in order to 
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Pakistan calls for trust with US
Pakistan's leaders have told visiting US envoy Richard Holbrooke there must be trust between the nations as "nothing else will work".
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2009 Business Predictions
While all of my US counterparts are recovering from their Turkey hangover, I'm sitting in rainy Vancouver, BC and thinking about the year to come. Predictions are starting to pop up all over the web, but one struck me as particularly poignant, and gave me enough pause that I felt compelled to comment. 
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Tribute paid to Late Sabihuddin Ghausi,Veteran, Senior Journalist & news Editor "Dawn"
To pay a Tribute, Karachi Chamber of Commerce & Industry (KCCI) hold a meeting at KCCI today to express heartfelt condolence on the sad demise of fellow brother late Sabihuddin Ghausi veteran and senior Journalist and News Editor of Daily Dawn, who had passed away peacefully during his sleep here early on Thursday morning. Mr. Anjum Nisar, President KCCI speaking on the occasion briefly discussed personality of late Sabihuddin Ghausi that he was a man of 
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Mir Mukkaram Zehri appointed as Chairman
FPCCI Standing Committee on Oil, Minerals & Exploration (2009-2010)
Mr. Sultan Ahmed Chawla, President Federation of Pakistan Chamber of Comme rce & Industry FPCCI has nominated Mir Mukkaram Zehri as Chairman of FPCCI Standing Committee on Oil, Minerals and Exploration for the period 2009-2010. His nomination is reflective of the confidence reposed in him by the President FPCCI. Mir Mukkaram Zehri is an active member of FPCCI. He is Chairman Pakistan-Italy Business Council, Member Pakistan Bosnia Herzegovina Committee. He is Director Zehri Onyx and Minerals.

CHANGE OF TIME WILL DISTURB WORKING HOURS
Mr. Sultan Ahmed Chawla, President FPCCI has said that the proposed plan of moving clocks back by one hour from May 1, 09 will create disturbance in working schedules rather than bringing discipline in official working.
Mr. Chawla said present economic conditions demands our attention towards increasing our interaction with our major trading partners around the globe and by moving clocks back by one hour interaction time from our trading 
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Mr. Rehamatullah Javed nominated as
Chairman FPCCI Standing Committee on Competitiveness (2009-2010)
Mr. Sultan Ahmed Chawla, President Federation of Pakistan Chamber of Commerce & Industry FPCCI has nominated Mr. Rehmatullah Javed as Chairman of FPCCI Standing Committee on Competitiveness (2009-2010). His nomination is reflective of the confidence reposed in him by the President FPCCI. It is the earnest desire of the Chairman to activate the Committee to the maximum extent so that it could serve as a useful platform for the business community at large, particularly on competitiveness. He is now Chairman, ECMMAP and he is also the chairman of Grand Group.

WE HAVE NO PLANS TO FORM ANY POLITICAL PARTY
Mr. Sultan Ahmed Chawla, The President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has strongly denied the news of formation of any political party by FPCCI. In a statement issued here he said that FPCCI has not decided to form any political party as reported in a section of press. 
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Mr. Zahid Anwar nominated as
Chairman FPCCI Standing Committee on Dairy Farming (2009-2010)
Mr. Sultan Ahmed Chawla, President Federation of Pakistan Chamber of Commerce & Industry FPCCI has nominated Mr. Zahid Anwar as Chairman of FPCCI Standing Committee on Dairy Farming for 2009-2010. His nomination is reflective of the confidence reposed in him by the President FPCCI.
Mr. Zahid Anwar has been active member of FPCCI. He remained chairman, National Business forum, FPCCI standing committee on Industrial Promotion & Facilitation, Textile Industry and APCEA.
He is a Chairman and CEO of Asim Textile Mills, J. A. Textile Mills Limited, Zeeshan Energy Limited and National Export Corporation [Pvt] Ltd.

Chief Minister Balochistan along with ten Cabinet Members will visit FPCCI Headquarters
Karachi: On invitation of Mr. Sultan Ahmed Chawla, President FPCCI the Chief Minister of Balochistan Nawab Mohammed Aslam Raisani will be visiting headquarters of FPCCI Karachi to discuss matters related to industrialization in the province on April 2009. The Chief Minister of the province will be accompanied with high power delegation which includes Speaker of Assembly, Senior Minister for Planning & Development, Minister of Finance, Minister for Commerce & Industries, Minister of Revenue, Minister for Minerals & Mines, Minister for Livestock & Dairy, Minister for Information and Chief Secretary of the province. The meeting of the Chief Minister of Balochistan and Cabinet Members with leading members of business community and industrialist is in line with the endeavors of FPCCI towards industrialization and economic uplifting of the province and increasing employment opportunities.

President FPCCI greets, Governor, CM,
& Education Minister

Karachi, April 6, 2009, Mr. Sultan Ahmed Chawla, President FPCCI has congratulated the Governor, Chief Minsiter, Minsiter of Education, Government of Sindh on taking bold decision of opening of all educational institutions of Province of Sindh on Saturday April 4, 2009. In a statement issued here today Mr. Sultan Ahmed Chawla, President FPCCI has said that by taking decision of opening all educational institution the government has proved its determination of providing uninterrupted peacefull envoironment to education for continuity of schedule. Mr. Chawla further stated that realization of the fact that education is the key for growth and progress of the nations and only those nation grow with a rapid pace who give proper attention to education by continuation of some level of attention of Government the standard of education will grow and it will help in completing the course on time. Mr. Chawla expressed his hope that Government will continue its determination of providing continuity in process of education in future also.

Abdullah Rafi nominated as Chairman FPCCI Standing Committee
Mr. Sultan Ahmed Chawla, President FPCCI has nominated Mr. Abdullah Rafi as Chairman of FPCCI Standing Committee on Corporate Farming. The purpose of the Standing Committee is to boost mechanized farming in a scientific way. Mr. Abdullah is a prominent and leading industrialist of Pakistan and is an associate engineer by education and has vast experience in construction, textile, banking, steel, amusement (park) industries and served chairman and director in companies working in these sectors.  >>>>>

Great concern over power tarifff
Mr. Muhammad Mansha Churra, Acting President of FPCCI has expressed his grave concern on the increase of power tariff by six paisa per unit with retrospective from February 2009 for all consumers except farmers and electric users upto 50 units. There are apprehensions that there may be a further increase in tariff under the 
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Country facing shortfall of 6m housing units
The country, at present, is facing a shortfall of 6 million housing units and in order to bridge this gap the government needs to provide adequate funding for House Building Finance Corporation (HBFC), Vice chairman, standing committee on housing and construction industry of FPCCI,
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