Thank you, Mr. Chairman.
Thank you, gentlemen, for coming today.
I have just a few questions for you.
Mr. McCurdy, you had indicated that if that provision of the so-called possible management within our 200-mile limit could be taken out you'd be okay with that. I am wondering, why not take it out? The concern I have, and I think you are right, is it's foreseeable for any minister on either side of the fence to allow a foreign state to come in and manage some stocks within our water. That would be politically unsuitable, but if it is in there then Canada would have the legal right, if they are in trade talks with the EU for manufacturing or pharmaceuticals or something else, to go over to Europe. Europe is saying in that regard they would like to have a little bit more of this. These are some of the trade dialogues. For that to happen, Canada would then have, within NAFO, the legal right to say that to meet this they could link the management of some of their stocks within our waters. They'd have permission to do so. We would agree with that on the provision that this element of our discussions will then take place over in Europe.
Those are the trade-offs I can see. You're right, just on its own I can see them not doing it, but if there were a larger discussion about trade in general this would give Canada the legal right to say they have NAFO and they can do this. Thus you get your quid pro quo in that regard. That's the danger I fear.
Also, we heard from Mr. Applebaum and Mr. Parsons regarding the objection procedure. They were concerned about what that means in that regard, and I'd like you to clarify, if that's at all possible.
The last one, of course, was on the agreement. We had to have two-thirds. Right now it's 50% plus one, then it was going to be changed to the two-thirds agreement with regard to quotas or whatever. I'd like your views on that.
The last question for you is this. Obviously one person is speaking on behalf of Canada at these negotiations, but I assume, and correct me if I'm wrong, that prior to and after those discussions you guys will all meet in a room and hash it out, saying we should go this way or that way. I'm just wondering if there were any objections, from your perspective as a long-time commissioner, on the two-thirds agreement amount and the objection procedure in that regard.