agreed to impose targeted sanctions on individuals and entities associated with the government of nicklaus maduro. they also pledged to meet again within two months to discuss additional measures. i think these deliberations have potential implications for u.s. policy. this is why we're here to walk us through all of those implications of what the treaty means and how this affects the crisis. so -- and this is not only a timely issue, because interim president juan guide doe is meeting with leaders at davos, but because the treaty sheds light on what is left on the policy in venezuela. because we have already done so much. but this treaty particularly kind of give room to more options. and that's where we want to get into. i think there are two big questions for this discussion that i want to make sure that every single one in the room leaves with clarity and some with ers to those two big questions. the first one, basics, what is the rio treaty and what are its implications in addressing the crisis? and what is different from the rio treaty compared to the sanctions and diplomatic measures that