Thank you for the question.
One thing we see is that trade agreements negotiated today influence the trade agreements negotiated tomorrow and 10 years from now. The Canada-Europe agreement, for example, is one of the most progressive agreements in the world, and when trade negotiators and governments look to negotiate their next agreement, they look at what has already been established. In negotiating the original trans-Pacific partnership, we've seen many of those provisions come into negotiations with NAFTA.
When we think about an agreement with four countries across the Pacific Alliance, and indeed beyond that, with other associate members like Australia and New Zealand, we see an opportunity to build momentum for standards and provisions that help enable more stable and open trade, because it takes time to reach consensus on how we can do that. Every agreement builds on previous agreements, and the Pacific Alliance, with a group of aligned countries and many agricultural exports amongst those countries, is an opportunity to move that forward.