For our part, we see them as complementary. In terms of timing, that might work.
As I said, it may not be realistic to think that Canada can actually become a full member in the next year. The Pacific Alliance has indicated that some countries, Panama and Costa Rica for example, were possible members, in the short term. For Canada and a number of other countries, us not being the only observers, we are talking more about the medium and long terms. The parameters of the regional agreement have yet to be defined.
In any event, at this stage, we see our involvement in the Pacific Alliance, as an observer, as being complementary to the TPP negotiations.