What I can do, without providing details, because we have not yet seen the text of the recently announced interim agreement, and I think it's important that we see the text as soon possible, is to provide some brief examples of what the situation could look like on the grain side moving forward.
The reason that our grains and [Technical difficulty—Editor] exporters are pleased with the interim agreement is that with no agreement in place, they would lose the preferential tariff gains that were granted under the CETA. For them it certainly provides much-needed stability, which is very welcome. In the beef sector, for example, there are definitely concerns about non-tariff barriers, in particular at a time when the EU and the U.K. continue to send products into Canadian markets. I understand that they will appear this afternoon, so I will leave it to them to speak to the procedures and volumes that leave them with questions about the viability of the access promised. The pork side is similarly on the fence. They welcome the continuity that the deal provides, but we have to see what the market and conditions will really translate into for them.
For sugar and processed food products, there has been little uptake of opportunities in the EU because of a number of measures and trade-distorting subsidies that make our export uneconomic to the EU. As for the U.K., a traditional deal certainly provides welcome quota access. I will leave it to them to provide specifics as well, knowing that, again, we have not seen the text. It appears that over time there could be measures that could help reduce our trade deficits with the U.K. in food products.