Thank you, Chair.
I guess the first point to make is that the processes aren't mutually exclusive. As a work program, the NAFTA, of course, reinforces and takes into account activities. When I said, for example, that there's a maturity in the NAFTA relationship, that's why trade ministers at the last commission meeting tasked officials basically with looking at NAFTA in the next decade and at new initiatives that could be taken in that framework.
For example, ministers have now identified their interest in looking at sectors as a whole in order to understand what type of government-initiating problems can be removed to facilitate a greater flow of goods, services, and investment. That is a sectoral approach, as opposed to a specific issue approach, and looks at the whole economic relationship and how it's working within each of the sectors. So that's a new initiative being taken.
Other elements of rejuvenation, as my colleague Tony has mentioned, include a recognition that we're looking not just for increased activity within North America, but also at using the North American platform to compete more effectively in the world. As you know, we face many challenges in terms of new economic competitiveness in Asia and Latin America and elsewhere; therefore, this is also being viewed as a new priority when we view the NAFTA work program. Things such as how we deal with third country foreign trade, or FTAs, free trade agreements, etc., are the types of initiatives now taking NAFTA into the next decade. So we're looking at what we can do to facilitate the freer flow of goods, services and investment to increase not only intra-NAFTA trade but also North American trade with the world.