Thank you, Chair.
Thank you to the witnesses.
Mr. Carey, earlier tonight you talked about the transactional nature of the trade relationships that we find generally in western countries as opposed to Asia writ large, where something else is at play. The long-term relationships, as I think you put it, are much more important in terms of serving as a driving force to ensure the long-term viability of trade relations.
Can you expand on that a bit? What ultimately underpins those long-term relationships in terms of how they're brought into being and how they're maintained?