Thank you very much for the question.
I think our comprehensive economic and trade agreement with Europe is a real game-changer, and it's for Canada's advantage here. Very shortly, we will be the only country in the world with access not only to the European market but to the American market, without a lot of the hindrances and trade obstacles that stand in the way. It's not only tariffs. The reality of international business today is built on partnerships. It's built on investment that flows back and forth. It's built on the ability to move people within companies to get fast product approvals to take advantage of large infrastructure procurement markets.
In particular, even in manufacturing, the money is made in service, engineering and design, and technology. In my mind, that's where CETA focuses. I have nothing but the best to say for our negotiators on this agreement. I think it's a fantastic agreement.
What we're doing to follow up, though, is working with the European Commission. We've become the Canadian hub of something called the Enterprise Europe Network. We're calling this the Enterprise Canada Network. We've been working on it for about a year. It's set up with other organizations to identify opportunities for technology partnerships between Canadian companies and European companies. In just over a year, we've concluded 63 technology partnership agreements already, so it's a tremendous opportunity, I think.
In the field of technology, in marine sciences, which is a very large part of this, the importance in Europe is to get in at the product development stage. We're not going to be doing business with Europe on product lines that are already developed. It's about getting in at the early stages of product development, leveraging European technology to grow businesses in Canada and North America, and taking part in supply chains through European companies to do business not only in Europe or North America, but perhaps even in China. In my mind, this agreement just makes all of that a lot easier.