Right.
I think it's all about incremental progress. We have the 12th WTO ministerial conference which is coming up in June. I think that will be an opportunity to achieve some key outcomes that would push the needle forward in terms of WTO reform.
One of our goals for that ministerial conference is to conclude negotiations on fish subsidies. A lot of work still has to be done between now and then, but we think that would go a long way in delivering on a key negotiation that has been going on for almost 20 years.
Similarly, the negotiations on domestic regulations for services are also getting quite close to conclusion. That would be another key opportunity to modernize the trade rules.
Other elements will take more time. Certainly those aspects, such as reform of the appellate body, will absolutely require engagement by all WTO members.
Speaking maybe quite frankly, it is unclear whether or not the current U.S. administration will be prepared to engage on dispute settlement issues, so there may be other areas in which we can make progress for now. However, in terms of some of the issues related to dispute settlement that we've talked about, we could very well be several years away from being able to have those discussions.