Good afternoon, and thanks for appearing before the committee.
I hear that we have a 1986 policy guideline under the Joe Clark government. We have the current regime, and I am led to believe that our current regime about export and import control is quite ahead of the game on many fronts: regulations and control, and keeping things in place. Then, we have Bill C-47 and we have the ATT. My understanding from Mr. Neve is that there are 10 areas where Bill C-47 falls short in order to comply with, or at least to achieve, the satisfactory level in terms of arms control.
The whole conversation is on the effectiveness of the ATT, specifically where three out of the six major exporters of arms are not part of it. I mean, we can have all the regulations in the world, and it's nice to have the regulations, but if the main players are not in, you can say maybe 70% or 80% of the arms traded in the world are out of control.
Could you please comment on that?