Yes, I'll keep it short.
Thank you, Mr. Menzies, for the question.
I think we learned a lot in the Uruguay Round about what happens when Canada is not there when it should be. We particularly experienced that with canola, for example. Soybeans and products have substantial tariff advantages in many of our export markets that we compete head to head with them against, and it's simply because we weren't there in a big way to influence the process.
India has a 45% tariff on soybean oil and a 75% tariff on canola oil...just because.
As another example, Korea's tariff on soybean oil is 5%; however, their canola oil tariff is at 36%.
The issue is non-tariff parity. Soybeans were there, particularly from the U.S., and it's because they were there and pushed it all the way through.
If we exclude ourselves from the process now, we are in really big trouble when it comes to doing the detailed schedule exchange, because we will get beat up again, just like we did in the last round, if we're not there now. We have to set the stage for the next detailed negotiations on an exchange of schedules. We have to be there now.