Its assessment was that this was the preferred approach.
Japan recently rolled over the EU-Japan EPA with the U.K.
Our perspective on this is that we would prefer to have a transitional approach rather than a final agreement. In both instances, they've negotiated a final free trade agreement.
We're racing, I think, against Australia and New Zealand, which would be competitors in some instances. I think we have an advantage, in the sense that we have an existing agreement to base our transitional deal on. I hope we have something in place before either of those countries has its free trade agreement in place.