Y3I>EK11ctoh pecnYI>U11kac11 ou11 ba ypta

TGiuKU!l mY3U!lUiu 6yi1 TapTH6Jl pHw Kyn nOFOHaJl MypaKKa6 MyBOcpHl\Jl Ba Ha3OpaT l\HJlHw TH3HMH KypHHHwH)l, 6yJl MyMKHH. MacaJl , 6Hp 6HpH 6HJlaH 6OFJlHl\ TapTH6Jl HHHr XaJll\apO, MHJlJlHi1, perHOHaJlJlapapO, perHOHaJl Ba MyHHu,HnaJl nOFOHaJl .
TapTH6Jl wTHpHw UT-CmUmYm!lGpU 6yi1 – )l, BJl OpraHJlapH (MOJlH51 Ba3HpJlHrH Ba MapKa3Hi1 6aHK), BaKOJlaTJl )l,aBJl MyaccacacH, KBa3H x, KyMaT TawKHJl TH (yMyMHJlJl i1 MaKpOperyJl51 Op), )l,aBJlaT Ba y3HHH y3H MyBOcpHl\Jl BYH TawKHJlOTJl 6HJlaH 6HpraJlHK)l,a 6yJl , aJlOx,H)l,a MaKpOperyJl51 Op)l, H H6OpaT TH3HM TOMOHH)l,aH TapTH6Jl wTHpHJlyBYH TH3HMJl p.
TapTH6Jl wTHpHw YCY!l!l 6yi1 – cp HKu, aJl, HHcTHTyu, HaJl, a)l,MHHHcTpaTHB, HH)l, aTHB, y3HHH y3H TapTH6Jl w, MaKpOperyJl51 (9.5 naparpacpra l\ paJlcHH) Ba rH6pH)l, (apaJlaw) ycyJlJl ra acOcJl aH TH3HMJl .
TapTH6Jl wHHHr MHJlJlHi1 TH3HMHHH TawKHJlJl wTHpHw)l, l\ 6yJl l\HJlHHraH eT-oGiuYe!l 6yi1 – x, KyMaT TOMOHH)l, TyFpH)l, H TyFpH TapTH6Jl (MacaJl H, VIpJlaH)l,H51, HH)l,epJlaH)l,I, nOpTyraJlH51), MOJlH51 Ba 6aHK TH3HMJl pHHH peryJl51TOpJl 6yJlMHw OpraHJl TOMOHH)l, H TapTH6Jl THpHw (MacaJlaH, eJl H51, aHH51, 51 H51, K, HcTOH), Max, Ty3HJl aH BaKOJlaTJl )l, Jl TawKHJl TOMOHH)l, TapTH6Jl w (MacaJl , AK, , yoK pHTaHH51, VI JlH51, aHu,H51, VI H51, POccH51), apaJl TH3HMJl .
TapTH6Jl wTHpHw Ky!l (x,a MHHHHr KeHrJl rH Ba Yyl\ pJl ) 6yi1 – MOJlH51BHi1 rJlO6aJl (XaJll\ , MeTa, nJl eTap), MaKpOMOJlH51BHi1 Ba MHKpOMOJlH51 Hi1 )l,apa a)l, TapTH6Jl THpHw.
TapTH6Jl wTHpHw UT- mOp!l 6yi1 a – MeTa-, MaKpO-, MHKpOHH)l, aTOpJl HHHr YerapaBHi1 (KpHTHK) MHl\)l,OpJl H (3Hr nacT Ba 3Hr 6aJlaH)l,) )l,apa aJl )l, HpacH HYH)l, (3.1 Ba 3.2 naparpacpJl l\apaJl H).
TapTH6Jl wTHpHw UT-rjJ 3U!l UU mGpKU6!l pU 6yi1 – cp HKu,HOHaJl Ba HHcTHTyu, HaJl TapKH6Jl pHHH yi1 yHJlHK)l,a (1.1, 1.2, 1.7 naparpacpJl pra l\ paJl HH) TapTH6Jl wTHpHw TH3HMH.
TapTH6Jl wTHpHw rjJYT-KlfUR!l 6yi1 Ya – y eKH 6y )l, )l, MOJlH51BHi1 rJl 6aJl (XaJll\ , MeTa, nJl Tap), MaKpOHl\THcO)l,Hi1, MHKpOHl\ O)l,Hi1, l\ HYHJl , HHcp aTy3HJlMaBHi1, HH)l, cTpHaJl, TeXHHK (6O3OpHHHr cHcpaT Ba MHl\)l,OpHi1 napaMeTpJl HHHHr OnTHMaJl )l, pa acHHH ywJl TypHw) cp HKu,H51Jl ra acOcJl TapTH6JlawTHpHw TH3HMJl H.
MOJlH51 6O3OpHra mGbCUp KypCGmUiu 6yi1 – yMyMHl\ O)l,Hi1 )l, pa a)l, rH 6HJlBOcHTa (Kpe)l,HT- nyJl, 6o)l, cOJlHl\, H THMOHi1, BaJloTa, XycycHi1Jl THpHw Ba x,.K. cHecaTJl HerH3H)l, ) Ba 6eBOcHTa (a)l, HHHcTpaTHB) TabcHp KypcaTHwra acOcJl aH TapTH6Jl THpHw TH3HMH.
MaHcp TJl pHH )fUMOR!lGT-Uiu 6yi1 Ya – )l,aBJl MaHcpaaTJl ra, i1 pHK (cTpaTerHK) HHBecTOpJl MaHcp a, MHHOpHTap (Mai1)l, ) HHBecTOpJl MaHcpaaTJl ra, apaJl MaHcpaaTJl a l\apaTHJl aH TapTH6Jl TH3HMJl pH.
VIl\THcO)l,Hi1 Ty3yM iuGK!l (MOoe!l ) 6yi1 Ya – OYHl\ Ba enHl\ Hl\ cO)l, MO)l,eJlJl ra acOcJl TapTH6Jl TH3HMJl pH.
TapTH6Jl wTHpHw mY3U!lMGCUT-UT- mGiuKU!l 3mU!lUiu 6yi1 Ya – cpal\ )l,aBJl peryJl51TOpJl HHHHr HwTHpOKHra, )l, BJl Hr KynpOl\ Ba y3HHH y3H TapTH6Jl HpyBYH TawKHJlOTJlapHHHr KaMpOl\ HwTHpOKHra, )l, BJlaTHHHr KaMpOl\ Ba y3HHH y3H TapTH6JlawTHpyBYH TawKHJlOTJlapHHHr KynpOl\ HwTHpOKHra acOcJl aH TH3HMJl .
TapTH6Jl wTHpHw MG�CGo!l 6yi1 Ya – )l,aBJl , HO)l, Jl Ba 6Owl\ TypJl MyJlK waKJlH)l, H opH)l, waXcJl , HcMOHHi1 waXcJl (acOcaH HHBecTOpJl ) cp OJlH51TH (Onepau,H51JlapH) Ba cp HKu,H51Jl HHH MOJlH51 6O3OpH l\ THawYHJl pH cHcpaTH)l,a yi1 yHJl )l, (HHTerpaJlJl wraH x,OJl)l, , Tap3)l,a) TapTH6Jl TH3HMH.
TapTH6Jl wTHpHw MOoe!l!l 6yi1 Ya – MyMTO3 (aHrJlO caKcOH), KOHTHHeHTaJl (acOcaH repMaHYa),
51 HYa KOpei1 , HcJl MHi1 (VIH)l, e3HH, MaJlai1 H51, nOKHcTOH Ba x,.K.), apaJl MO)l,eJlJl a (3.3 Ba 3.4
naparpacpJl a l\ aJl ) acOcJl aH TapTH6Jl pHw TH3HMJl H.
K, TJl l\OFO3Jl p 6O3OpH)l,a )l, BJl Ba 6O3OpHHHr 6Owl\ l\ THawYHJlapHHHHr MaHcpaaTJl pH MaKpO)l,apa a)l, Kyn)l, 6Hp 6HpJl H 6HJl MOc KeJlca)l, , Jl HH)l, H)l,yaJl x,OJlJlap)l, cpapl\JlaHHwH MyMKHH. WyHHHr yYyH KynYHJl MaMJl KaTJl p)l,a cpOH)l, 6O3OpHHH TapTH6Jl HpHw)l , BaKOJl TJl
)l, BJl OpraHH Ba y3HHH y3H TapTH6Jl BYH TawKHJlOTJl ypTacH)l,a aBO6rapJl a paTHJl , Jl HH 6HpraJl )l, rH TapTH6Jl Hw MeXaHH3MH l\ JlJl HHJla)l,H. yH)l, )l, BJl 6apH6Hp ycTyBOp MaBl\ 3ra 6yJl l\OJla)l, . y MeXaHH3M aMaJlHeT)l, KynpOl\ caMapa 6epH6 KeJl l\)l, .
MOJlH51 6O3OpHHH )l,aBJl TOMOHH)l, TapTH6Jl THpHw waKJlJl HKKH KaTTa rypyx,ra a paTHw MyMKHH:

• 
  TyFpH)l,aH TyFpH eKH a)l,MHHHcTpaTHB TapTH6Jl wTHpHw;
  
• 
  6HJlBOcHTa eKH Hl\ O)l,Hi1 TapTH6Jl THpHw.
  

MacaJl , l\ MaTJl l\ 3Jl 6O3OpHHHHr )l,aBJl 6Owl\ yBH:

• 
  l\ TJl l\ FO3Jl 6O3OpHHHHr npOcp cHOHaJl HwTHpOKYHJl pH cp OJlH51 Hra Ma 6ypHi1 TaJla6Jl 6eJlrHJl ;
  
• 
  3MHccH51BHi1 l\ TJlH l\OFO3Jl YHl\apHJl Jl HHH (aBBaJl pyi1 aT)l,aH yTKa3HJl H YHl\apHJlyBJl HHr napaMeTpJl a l\ywHMYaJl Ba y3rapTHpHw Jl ), l\ MMaTJl l\OFO3Jl 3MHccH51 pHcOJl H pyi1x,aT)l, yTKa3Hw, x,aM)l, 3MHTeHTJl HHr yJl )l, Ha3ap)l, TyTHJl aH wapTJl Ba Ma 6ypH51TJlapra pHO51 l\HJl wJl ycTH)l,aH Ha3OpaTHH aMaJlra OwHpHw;
  
• 
  l\ H x, aTJl pHra MyBOcpHl\ l\ TJl l\OFO3Jl p TyFpHcH)l,arH aX6OpOT 3MHTeHTJl p Ba l\ TJl l\OFO3Jl 6O3OpH l\ THawYHJl pH TOMOHH)l,aH MabJl M l\HJlHHHwHHH TabMHHJl w;
  
• 
  MyTaXaccHcJl HH aTTecTau, 51Jl , npOcpeccHOHaJl HwTHpOKYHJl cp JlH51 HHH JlHu,eH3H51Jlaw Ba Ha3OpaT l\HJlHw;
  
• 
  HHBecTOpJl x,aM)l, l\ MaTJl l\OFO3Jl 6O3OpHHHHr 6Owl\ HwTHpOKYHJl H 6epraH wHKO51TJl KypH6 YHl\ w Ba l\HMMaTJlH l\OFO3Jl 6O3OpH HwTHpOKYHJl pH 6a apHwH Ma 6ypHi1 6yJl XyJl caJl YHl\ , KypcaTMaJl 6epHw;
  
• 
  l\ HyH x, aTJl pH)l,a 6eJlrHJl HraH TapTH6)l,a l\ TJl l\OFO3Jl 6O3OpHHHHr l\ THawYHJlapH cp OJlH51 ycTH)l,aH Ha3OpaT l\HJl w i1yJlH 6HJl H aMaJl OwHpHJl )l, .
  

K, TJl l\OFO3Jl p 6O3OpHHH )l, BJl TOMOHH)l,aH TapTH6ra cOJl l\ TJlH l\OFO3Jl 6O3OpHHH TapTH6ra cOJl 6yi1 BaKOJlaTJl )l, BJl OpraHH TOMOHH)l, H aMaJl OwHpHJl )l, .
MOJlH51 6O3OpHHH Hl\ O)l,Hi1 TapTH6Jl )l, BJl TOMOHH)l, l\ i1H)l, Hl\ O)l,Hi1 pHYarJl Ba KanHTaJlJl ep)l,aMH)l, aMaJl a OwHpHJla)l, :

• 
  cOJlHl\l\ TOpTHw TH3HMH (cOJl l\Jlap TypH Ba cTaBKaJl , yJl p 6yi1 Ya HMTHe3Jl );
  
• 
  Kpe)l,HT nyJl cHecaTH;
  
• 
  )l, BJl T KanHTaJlJlapH ()l, JlaT 6o)l, eTHT, 6o)l, eT)l, Tawl\apH cp H)l,Jlap, MOJl 51 Hi1 pecypcJlap Ba
  

x,.K.);

• 
  )l, Jl T MyJlKH Ba pecypcJlapH ()l, JlaT KOMnaHH51Jl H, Ta6HHi1 pecypcJlap Ba epJl p). BaKOJlaTJlH )l, BJl TapTH6JlawTHpHw OpraHJl TOMOHH)l, H yi1 yHJl K)l, TapTH6Jl HwHHHr
  

cp HKu,HOHaJl Ba HHcTHTyu, HaJl ycyJlJl H aMaJl OwHpHJla)l,H.
VI THTyu, HaJl ycyJl MOJlH51 HHcTHTyTJl HHHHr MaBl\eH Ba MOJlH51BHi1 x,OJl x,aM)l, MOJlH51BHi1 cp OJlH51 6Owl\ Hw cHcpaTHHH MyBOcpHl\Jlaw THpa)l, . yH)l, MOJlH51BHi1 HHcTHTyTJl ra HHc6aTaH Hl\ O)l,Hi1 TaJl 6Jlap l\ i1HJla)l, , aKTHB Ba naccHBJl pH Ty3HJl MyBOcpHl\Jl wTHpHJla)l,H, Hl\ O)l,Hi1 HOYOpJl a OJl KeJl MyMKHH 6yJl pHcKJl Onepau,H51Jl )l, HwTHpOK 3THwH YeKJlaHa)l,H eKH MabH 3THJla)l,H.
VI THTyu, HaJl TapTH6Jl ycyJlH 6aHKJlap Ba cyFypTa TawKHJlOT Jl x,aM)l, HHBecTHu,H51 HHcTHTyTJl Ba 3MHTeHTJl cp JlH51 TapTH6Jlaw THpHwHHHr acOcH x,HcO6JlaHa)l,H.
TapTH6JlawTHpHwHHHr cp HKu,HOHaJl ycyJl MOJlH51BHi1 HHcTpyMeHTJl 6HJl 6OFJlHl\ Onepau,H51JlapHH cO)l, 3THJlHwH yYyH TerHwJlH TapTH6 l\ H)l,aJl , cTaH)l,apTJlap, 3THK MebepJl H ypHaTa)l, . 3THK HOpMaJl acOcaH y3HHH y3H TapTH6Jl H TawKHJlOTJl aMaJl KHpHTa)l,H.

3. Mo!l 6o1op!lapu11 mapmu6!l «o11u.enu.uR!l

X,O3Hp)l,a MOJlH51 6O3OpJl pHHH TapTH6Jl wTHpHw 6HJl H 6OFJlHl\ 6Hp HeYTa KOHu, u,H51Jlap MaB y)l, 6yJl , yJl HHr o3ara KeJl ca6a6H 6O3OpJl p TapHXH)l, 6yJl yTraH KpH3HcJl Ba yJl a TabcHp 3TyBYH OMHJlJl XapaKTepH 6HJl 6eJl Jla)l, (1.1 Ba 1.4 naparpacpJl a l\apaJl H). Owl\ l\HJl 6 ai1 HJl , OMHJlJlap TabcHpH OcTH)l, MOJlH51 6O3OpJl )l, 6yJl yTraH, x,O3Hp)l, 6ab3H MaMJlaKaTJlap 6O3OpH)l, y eKH 6y )l,apa a)l, H waKJlJlap)l, KeYaeTraH Ba KeJl aK)l, By y)l, KeJl H x,aBcp MaB y)l, 6yJl KpH3HcJl x,aM)l, TypJl pHcKJl (8.1-8.3 naparpacpJl l\apaJl ) MOc paBHw)l, MOJl 51 6O3OpJl TapTH6Jl wTHpHwra OH)l, MabJl M KOHu, u,H51Jl TH3HMHHH Ba yJl HerH3H)l,a 9.1.4 naparpacpYa)l, KeJlTHpHJlraH TaMOi1HJlJl pHH O6beKTHB HJlrapH cyp)l,H. X,O3Hp)l, MOJlH51 6O3OpJl pHHH TapTH6Jl THpHw)l, Myx,HM ax,aMH51 a 3ra 6yJl aH 6ab3H KOHu,enu,H51JlapHH KeJl pHw Mal\ca)l,ra
MyBOcpHl\. MacaJlaH, yJl pHHHr l\aTOpHra l\ i1H)l,arHJlapHH KHpHTHw MyMKHH⁴⁵:

1. VI	TOpJl x,HMO51Jl wra acOcJl		TapTH6Jl wTHpHw KOHu,en u,H51.	YHra MyBOcpHl\,
HHBecTOpJl	x, l\ l\Jl pHHH x,HMO51Jl w Ba	l\	yHHi1 MaHcp TJl HHH TabMHHJl	MOJlH51 6O3OpH

⁴⁵ Yw6y KOHu,enu, 51Jl pHHHr 6HpHHYH TypTTacH TyFpHcH)l, KeHrpOl\ MabJl MOT OJl yYyH l\yi1H)l, rH a)l, 6HeTra MypO aaT l\HJl w MyMKHH: A.POT, A.3aXapOB, .3Jl KHc, 51.MHpKHH, . OpH, P. epHap)l,, n. apeH6Oi1M, A.XHT. 0cHOBI
rOcy)l, pcTBeHHOrO peryJlHpOBaHH51 cp HcOBOrO pIHKa.-M.: IO H)l,HYecKHi1 OM «IOcTHu,HHcpOpM», 2003.-66.16-36. K, Jl aH yYTa KOHu, u,H51 MyaJlJlHcp Ta)l,l\Hl\OTJl pH Max, Jl .

TapTH6JlawTHpHw TH3HMHHHHr 3Hr Myx, , 6HpJl H, ycTyBOp Ba3HcpacH x,HcO6Jl Ha)l, . yHHHr yYyH MOJlH51 6O3OpH)l,a HHBecTOpJl HHBecTHu, cp OJlH51 apaeHH)l,arH x,al\ Xyl\ l\Jl )l,aBJl TOMOHH)l, x,ap TOMOHJl l\ HHi1 KacpOJlaTJl Ba yJlapHH 6y apaeHra aJl l\HJlHHHwH l\ JlJla6 l\yBBaTJlaHHwH Ba paF6aTJlaHTH pHJlHwH 3apyp, yJl HHHr HHBecTHu, MaBl\eH 6Owl\ l\ YHJlapHHKHra l\ paraH)l, caJl Ol\Jl Ba 6apYa l\aTHawYHJlapra HHc6aTaH TaJla6JlapH ycTyBOp 6yJl Jl . YMyMaH OJl aH)l, , MOJlH51 6O3OpH HHBecTOp)l, TyJlHl\ x,HMO51Jl H raHJl x,HcHHH Ba cpaOJlJl Ka 3apypHi1 wapT wapOHTJl p 51 aTHJl TabMHHJl wH KepaK.

2. 
   Op 6yJl aH (MaB y)l,) cp KTJl 6yi1 Ya TeKwHpHwra acOcJl aH TapTH6Jl HpHw KOHu,enu,H51. YHra MyBOcpHl\, 6HpHHYH KOHu,enu,H51)l,a KeJlTHpHJlraHJl Ba HHBecTOpJl TypJl pHcKJlap)l,aH (8.1-8.3 naparpacpJl a l\apaJlcHH) cal\Jl wHHH TabMHHJl 6OpacH)l, BaKOJlaTJlH )l, Jl T TapTH6JlawTHpHw OpraHJl H TOMOHH)l, Max,cyc l\ HyHHi1 MebepJlap ypHaTHJl aH. VI ecTOpJl x,HMO51 MaB y)l, Xyl\yl\Hi1 TH3HMJlap)l, l\ TJl l\OFO3Jl MyOMaJl ra YHl\apHJlHwHHH “MaB y)l, cp KTJl 6yi1 TeKwHpHw”, “MOBHi1 OcMOH l\OHyHH” waKJlH)l, HaMOeH 6yJl . Ai1 OH3KH, 6y TywyHYa Ma3MyHaH 6Hp x,HJl MabHOHH aHrJl yBYH TypJl waKJlJlap)l, HcpO)l, Jl MyMKHH,
   

MacaJlaH, “acOcHi1 cTaH)l, TJl p TynJl H”, “)l, cKpeu, OH BaKOJlaTJlap”, “3MHccH51Jl yBYH l\ MaTJl l\ 3Jl cHcpaTHHH peryJl51 cTaH)l,apTJl MOc KeJl ”. yH)l, i1 l\ yHHi1 waKJlJl HHBecTOpJl MOJlH51BHi1 HHcTpyMeHT JlapHH cOTH6 OJl (cOTHw) 6yi1 x, TypJl pHcKJlap)l, x,HMO51Jl x,H3MaT l\ Jla)l, .

2. 
   VIHcpOpMau,H51 Ma 6ypHi1 OYH6 6epHwra, yMyMaH TpaHcnapeHTJlH Jl (HHcpOpMau, wacpcpcpOcpJl ) acOcJl TapTH6JlawTHpHw KOHu,en u,H51. YHra acOcaH MOJlH51 6O3OpHHHHr 6apYa l\ THawYHJl x,ap l\aH)l,ai1 cpaOJlH51 Ba HaTH aJl H OwKOpa l\HJlHHHwH 3apyp.
   
3. 
   “KeHr HwTHpOKJl ” KanHTaJl 6O3OpHHHHr 6Owl\ XapaKTepHcTHKa Ba TaJla6Jl H l\OH)l, Hwra acOcJl TapTH6JlawTHpHw KOHu,enu,H51 H. YHra MyBOcpHl\, MOJlH51 6O3OpH l\ yHYHJl )l, npOcp HaJlJl pHHHr HwOHYJlHJl Ba MaJl KaJlHJlHi1Jl , 6O3OpHH JlHKBH)l,JlHJl , l\ yH Ba TapTH6Jl 6a apHJl Ma 6ypHi1Jl aHHl\ )l, pa a)l, TabMHHJl HHwH Jl .
   
4. 
   3KBHBaJl HTJlHJl TabMHHJlawra acOcJlaHraH TapTH6JlawTHpHw KOHu,enu,H51 H. Yw6y KOHu, nu,H51 HHr acOcJl pH yw6y KHTO6HHHr I-II 6O6Jl pH)l, Ba 4.8-YH naparpacp)l,a KeJlTHpHJl .
   
5. 
   MOJlH51 6O3OpH HH)l, cTpH51 cHcp 6Owl\ Hwra acOcJl TapTH6JlawTHpHw KOHu,enu,H51 H. Yw6y KOHu,enu,H51 MyaJlJlHcp MOJlH51 6O3OpH HH)l, cTpH51 cHcp 6Owl\ Hw Ha3apH51cHra acOcJl a)l, ⁴⁶.
   

2. 
   MOJlH51BHi1 rJl 6aJlJl wyB apaeHJl H TaJl 6JlapH 6HJlaH yi1 yHJlHK)l, TapTH6Jl
   

MebepJl yHHcpHKau,H51JlawTHpHw Ba cTaH)l, pTJl KOHu,enu,H51 H. Yw6y KOHu,enu,H51 MyBOcpHl\, 6apYa MaJl TJl MOJlH51 6O3OpJl pH TapTH6JlawTHpHw TH3HMJl H cp OJlH51TH)l, l\yJlJl HJla)l, aH l\ HyHHi1 MebepHi1 x,y aTJl waKJlaH cp l\Jl 6yJlca)l, , Ma3MyHaH Ba napaMeTpJl H yx,waw MabHO)l, 6yJl TaBcH51 3THJla)l, . MacaJl , XaJll\ O yTTH3JlHK rypyx, Hr 20 TaBcH51 , 9.1.4

(l\	MaTJl	l\OFO3Jl	6yi1 Ya
pH)l,a	YOn	3THJl	“K,

naparpacp a)l, KeJl pHJlraH TaMOi1 JlJl TawKHJl Hr 1998 i1HJl ceHT51
TapTH6Jl THpHwHHHr Mal\ca)l, Ba TaMOi1 JlJl ”).
KOMHccH51JlapHHHr XaJll\
TJl l\OFO3Jl cOx, cH)l,

4. Mo!l 6o1op!lapu11 mapmu6!l 11u11 xa!l Mu i! Oa ma11 o!lu11za11 u11cmumym!lapu aa maMoUu!l!lapu

TypJl MaMJlaKaTJl HHHr )l,aBJl TapTH6Jl THpHw OpraHJl HH, MOJlH51 6O3OpJl
l\ THawYHJlapHHHHr HO)l,aBJl T HOTH OpaT TawKHJlOTJl HH Ba caB)l,O TH3HMJl HHH 6HpJl wTHpyBYH 6Hp l\ TOp i1 XaJll\apO TawKHJlOTJl Ba yowMaJlap TapTH6Jl HwHHHr ax,OH aMaJlHeTHHH 3Hr 51 wH TOMOHJl HHH yMyMJlawTHpHw acOcH)l, yMyMHi1 TaJla6Jl , cTaH)l,apTJl Ba TaKJl cpJl HwJl YHl\ 6,

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