where Singapore has been actively trying to reduce its reliance on water from Johor while continuously granting requests from Joe for more treated water than agreed upon in the agreements at the same discounted rates. This is just to maintain goodwill between the two parties. And Singapore has prioritized enhancing their water security by extending the water agreements. However, if Joe Horr wants to increase the price of raw water, Singapore would have to increase the price of treated water. So this slide is basically to go over how both sides, if you look at it objectively, could be gaining from this relationship. I chose this image. This is a screenshot from the aqueduct water risk Atlas tool that I mentioned before. This is their projection for water risk in Singapore and Johor in 2040 if things continue quote business as usual. So as you can tell Singapore is classified as extremely high risk and Joe Hor is medium to high risk. So for reference currently if you click to baseline, both are classified as low risk. So this is something where their water risk characteristics are increasing due to changes in climate change, drought and pollution. So currently Singapore and Johor rely on each other to meet their water demands. They both care about the decreasing water quality in Malaysia since it jeopardizes both water security of Singapore and Malaysia. I recognize that Singapore has much more and better experience in launching water conservation campaigns