I'll start, and if Professor McDorman wants to add on, he can.
I think the fundamental dynamic is where the fish are, and the ones of greatest interest are adjacent to our zones. They start from the fundamental position that if NAFO isn't there, as Professor McDorman said, then it's high seas. One of the things suggested at the time custodial management was being pushed was that we just walk away from NAFO. The problem with that is that if you walk away from NAFO, what you leave behind is not our jurisdiction. You leave behind high seas and the relative free-for-all that it means.
I think the Europeans and other are probably quite well aware of the fact that the only show in town for the foreseeable future is some form of NAFO, and they can play to that. They don't have fisheries that we have any interest in. We're not able to come back that way. So the negotiating power, the default position, in terms of the legal landscape and in terms of economic interest, is going to be primarily in their hands, or at least in the hands of the status quo. That might be a way to put it.