You're raising the other key issue in the agriculture negotiations, which is the reduction of subsidies, particularly those that distort trade the most. This has been a key issue and objective for Canada, getting those trade-distorting subsidies down, particularly those in the United States, because they're our neighbour and because of our large trade dependence on them.
We're very pleased that currently the negotiations are structured around the countries that provide the highest subsidies being the ones that will have to make the largest percentage reductions, meaning the European Union and the United States. We're very pleased about that, because that will harmonize the levels of subsidies that countries can provide and will lead toward this more level playing field we've been talking about for several years as our primary objective in the negotiations.
Developing countries are obviously also looking very keenly to reduce the levels of subsidies in the European Union and also in the United States, so we're certainly not alone in pushing for that. The U.S. and the European Union have put proposals on the table that would see their trade-distorting subsidies reduced by 60%, 70%, or 75%. We think--we know--that they have room to go a bit further, and again, this is under active negotiation. We and other countries will be pushing them to go further. We'll have to see. Obviously in the United States there's a political dynamic. They have their own domestic context in which they have to play, but Canada and other countries are still pushing very hard to get those subsidies down.