Thank you, Mr. Chair.
Thank you, ladies and gentlemen, for your great presentations today.
Of course, the major theme here is the ISDS and the arbitration process. We welcome the clarification you bring to that.
Mr. Johnson, that you started out by saying this is a balanced, excellent agreement. I couldn't agree with you more. I do think that the major winners here will be services and investment back and forth between the two partners. To that end, I am very concerned that with the attempts to drop last-minute, eleventh-hour changes into place regarding the ISDS system, we've actually ended up with worse, rather than less. There's a vacuum that will create almost a chill that will offset some of the early-on services and investment dollars that need to happen, because there isn't that backstop. I know there were downsides to what was there, but it was a known quantity.
At this point, as has rightly been pointed out, there's an agreement to suspend all coverage until all 28 states ratify, and then we'll start to look at it again. That's quite some time out into the future. I'm just wondering if any of you, with your expertise, can shed some light on why that last-minute change was made, which actually creates more problems than solutions?