THE PRESIDENT: Good morning to you. May I note that tomorrow at the end of the day it is possible that the Tribunal may have some questions to put to the parties and it would be good therfore if you could plan to stay on a bit after 6 o'clock to hear those questions if in fact we decide to put them. Today we begin with the argument of the Republic of Trinidad and Tobago and I believe tha tthe agent will speak first.