Thank you.
I have a very quick question. It's on the concept of reciprocal management regimes that you talked about in the early part of your presentation, Mr. Vardy--and, Mr. Dean, I invite you to weigh in on this as well.
My understanding is that in the other regimes you talked about--let's talk about the northeast Atlantic and all these areas--this is a very common practice simply because there are so many states involved over a small area of ocean. Therefore, the idea of allowing people to fish within your 200-mile limit per se is quite common, and the management regimes in those jurisdictions are set up in that way. However, we find ourselves now under the same operating principle on the northwest Atlantic, or the NAFO, high seas.
My question is, therefore, why would they request that? More importantly, why would we acquiesce to that? Is there any benefit for us, given the fact that it's not the same? You even said yourself that other jurisdictions fish in our waters; we don't go to theirs.