I would argue that the premise of the agreement is based on the premise of all other free trade agreements we've negotiated, and we think that's a flawed approach. Again, I will come back to the point that you started with. We got into this economic crisis because the levers of government to regulate the financial industry were taken away or abandoned. I didn't make that up; that's the reality. I think in regard to how we would manage investments in our two countries, it's critical we have rules that we can also enforce from both sides.
In the context of the agreement we said this is a failed model. We think we need to think of a different model, and we've worked with our trade union colleagues in the Americas to prove the point that Mr. Cannis raised earlier. We are interested in trade, and it's very clear in terms of some of the things we think that government should consider in trade agreements that would obviously deal with the concerns, not only from labour, but also on the question of how we can continue to allow the smaller countries to develop it. It's very clear in regard to where we are at, that had some of these provisions been considered....
Most of my Latin American colleagues, including my trade union colleagues, believe there should be fair trade agreement as opposed to free trade agreement. When we are talking about fair trade, there is obviously a different measure and a different mechanism in terms of where we start from the premise that both countries would benefit mutually. There is also a question of raising the social standards in our country as it is to protect the environment and the labour provisions of each country. That of course comes from a different premise from the one we've had, where we basically said with free trade you don't have to have the rules, essentially, other than having the right to export to each other's country. The rest of it is basically going to be subjected to whatever the parties decide.
Coming back to a point that was made earlier, all of corporate social responsibility, which has been promoted quite a bit, is about voluntary measures.