Mr. Robert Watt:

We have spent a lot of time on negotiations. During the talks we got to this position. Tom Mallon, who chaired the discussions, has said that the discussions are over and the proposals have been brought by the Minister to the Government and now these proposals are being considered by the IMO and the IHC and they have to go through their processes. Their committees will consider it and their members will presumably vote on it in a normal way-----