If we want to talk about the IPEF, the Indo-Pacific economic framework, although it's certainly not as valuable to Canada as, say, the CPTPP, which is a full-blown trade agreement, it is important to be at the table where significant players in the region are sitting down talking to each other.
Unfortunately, we are not at that table. It's not just about trade or even just about investment. It's about relationship building in the region. We have not yet been able to establish our bona fides, as it were, in the region, because, quite frankly, we've had decades of neglect. We've underinvested in the region. We have not come to the table as we should have with the commitment that is expected of us on defence and security. As a result, I believe that has made some countries reticent about inviting Canada to the table. They're not sure if we're a serious player.
That was what I was touching on in my earlier comments. I think, as we go forward and as we follow through on the commitments we've made in the Indo-Pacific strategy and hopefully strengthen the ones on our military security side as well, that will change. I think that's the background.