3ULPHUROD)DPLOLD 7UDEDMDQGRHQEHQHILFLRGHODIDPLOLDPH[LFDQD 3DVRVGHODVFDPLQDWDVGHRUDFLyQ 3RU:KLWQH\+RSOHU(GLWRUGH/LYH,W&KDQQHO_7UDGXFFLyQSRU,VUDHO9DUJDV &XDQGRFDPLQDHQXQOXJDUHQSDUWLFXODUPLHQWUDVRUDLQYLWDD'LRVDWUDVIRUPDUHOOXJDU\WRGDOD JHQWHDOOt/DVFDPLQDWDVGHRUDFLyQVRQXQDJUDQGLRVDPDQHUDGHLQWURGXFLUHOSRGHUGH'LRVHQ ORVOXJDUHVHQQHFHVLGDG $TXtSUHVHQWDPRVDOJXQDVPDQHUDVGHUHDOL]DUODVFDPLQDWDVGHRUDFLyQ x x x x x x x x x x x x x x 3UHSiUHVHFRQIHVDQGRFXDOTXLHUSHFDGRTXHQHFHVLWHFRQIHVDUD'LRV\StGDOHODJUDFLDGH FDPLQDUHQXQDPDQHUDHQTXHOHDJUDGHPRVDeO3tGDOHD'LRVTXHOROOHQHGHVX(VStULWX 6DQWRTXHOHGHVDELGXUtD\FRQRFLPLHQWRVREUHHOFyPRTXLHUHTXHRUHPRV/HDOD%LEOLD DVHJXLGR\StGDOHD'LRVTXHOHYHUVtFXORVHQVLWXDFLRQHVHVSHFtILFDVSDUDRUDU ,QYLWHD'LRVSDUDTXHVHDpOTXLHQOHPXHVWUHGyQGHTXLHUHTXHKDJDPRVODVFDPLQDWDVGH RUDFLyQ\HVWHPRVGLVSXHVWRVDYLVLWDUORVOXJDUHVTXHQRVUHYHOH 6LSXHGHHQFXHQWUHXQDPLJRTXLHQKDJDODVFDPLQDWDVGHRUDFLyQFRQXVWHG $ODEHD'LRVPLHQWUDVFDPLQDDJUDGp]FDOHSRUVXSUHVHQFLD\DGyUHOH 6LpQWHWHOLEUHGHRUDUWDQWRHQVLOHQFLRFRPRHQYR]DOWD 3RQDWHQFLyQGHORTXHHO(VStULWX6DQWRWHUHYHOHPLHQWUDVFDPLQDV\WDPELpQGHORTXHWX REVHUYDVPLHQWUDVWHULQGHVD'LRV2UDGHDFXHUGRDHVWR &ODPDSRUODVSURPHVDVGHODV(VFULWXUDVSDUDHOOXJDUGyQGHRUDV\SLGHD'LRVTXHORV EHQGLJD 6LVLHQWHVODSUHVHQFLDGHOPDOLJQRHQHOOXJDUHQTXHHVWDVUHDOL]DQGRODVFDPLQDWDVGH RUDFLyQUHVtVWHORRUDQGRHQHOQRPEUHGH&ULVWR %XVFDSRURSRUWXQLGDGHV SDUDKDEODUFRQODJHQWH6LDOJXLHQVHWHDSUR[LPDH[SOtFDOH TXHHVWiVRUDQGRSRUODJHQWHGHHVDiUHD\SUHJ~QWDOHVLKD\DOJXQDSHUVRQDSRUODTXH TXLHUHTXHRUHPRV2UHSRUODSHUVRQDTXHQRVLQGLTXHQHQHVHPLVPROXJDU 6LDOJXLHQOHSUHJXQWDVREUHVXIHHVWpGLVSXHVWRDFRPSDUWLUXQEUHYHWHVWLPRQLRGHORTXH HO6HxRUKDKHFKRHQVXYLGD 2UHFRQFRQILDQ]D\iYLGDDQWLFLSDFLyQ\HVSHUHDTXH'LRVFRQWHVWHVXVRUDFLRQHV (VSHUHTXH'LRVOHWUDQVIRUPHDVtFRPRDODVSHUVRQDVSRUODVTXHXVWHGRUD\HVWp DELHUWRDFyPR'LRVSRGUtDTXHUHUKDFHUOHFUHFHUDXVWHGDWUDYpVGHOSURFHVRGHODV FDPLQDWDVGHRUDFLyQ $\XGHDVXLJOHVLDDVHUYLUODFRPXQLGDGDWUDYpVGHODVFDPLQDWDVGHRUDFLyQGHPDQHUD UHJXODUHQEDUULRVORFDOHV3RUHMHPSORVXFRQJUHJDFLyQSRGUtDHQYLDUOHVWDUMHWDVSRVWDOHV DUHVLGHQWHVORFDOHVTXHOHVSHUPLWDQVDEHUODIHFKD\WLHPSRGHODSUy[LPDFDPLQDWDGH RUDFLyQ\StGDOHVTXHOODPHQDODLJOHVLDSDUDFRPSDUWLUVXVQHFHVLGDGHVGHRUDFLyQ HVSHFtILFDV/DVSHUVRQDVSUREDEOHPHQWHHVWDUiQPLUDQGRFRPRUHDOL]DQODFDPLQDWDGH RUDFLyQHQHOPRPHQWRILMDGR\SXHGHQGHFLGLUYLVLWDUDOJ~QGtDGHVSXpVODLJOHVLD &RPRFRQJUHJDFLyQRUHVREUHODYLVLyQGH'LRVSDUDVXFRPXQLGDG\DMXVWHODYLVLyQGH VXLJOHVLDSDUDLQFRUSRUDUHVDYLVLyQPiVDQFKD 0RFWH]XPD&RO(O7HQD\R7ODOQHSDQWOD(VWDGRGH0p[LFR&3 %HQLWR-XiUH]7ODPDFR$WLWDODTXLD+LGDOJR&3 7HO(PDLOEHWHOGHPH[LFR#KRWPDLOFRP