We have an opportunity to ship something in the order of 75,000 tonnes of pork into the European Union under the WTO quotas that exist. However, we haven't used it, other than for a very short period about three years ago, because of very, very high tariffs and very difficult tariff quota administration issues. The tariffs were in the vicinity of 20% to 30% ad valorem, and in a business where a good profit margin is 5% or 7%, it's prohibitive. The tariff quota administration issues are even worse than the tariffs themselves because they require non-refundable deposits and licences and so on.
This deal eliminates the tariffs and brings the quota administration over to a department of the EU which is operating without a trade protection element, which is what will make this quota meaningful.