Thank you.
You mentioned in your opening remarks that Canada is the first non-Latin American country to be granted observer status. Then I noted that Australia, Spain, New Zealand, and Japan are a number of other observers that have been granted the same status. What is really the advantage to being an observer when so many of our other trading partners have the same status?
And as a follow-up question, do those other observers also have free trade agreements with the members of the Pacific Alliance?