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[Music] thanks so much joe and welcome again everyone im really delighted to be here to sort of dive into this really important and also interesting topic i think we all know that the extractive industry has been hit really hard by the pandemic along with economies more broadly of course all across the world and as we look toward the recovery governments and resource-rich countries will be relying on extractive revenues to help fund services and build back better that means that rebuilding a transparent accountable and cost-effective industry is essential as we look toward the future and suppliers will be a key part of that because theyre what really make the industry tick companies operating in the extractive sector spend as much as one trillion dollars a year on the procurement of goods and services from suppliers and this scale of spending brings both challenges and opportunities as well see shortly this is an emerging area of interest for the eiti itself but there are already so