With respect to ASEAN, what we're looking to get out of it—where it differs slightly, as Mr. Alexander said—is.... It will likely take us longer, given differences in levels of development and the fact that we're dealing with 10 partners. Indonesia will likely come sooner, and because it's one partner that is relatively well developed, we're likely to get a higher level of commitment.
ASEAN holds a number of benefits for us. First, it gives us an agreement that spans the region. It gives us market access to 10 different countries, four of which are already CPTPP partners, with two of them having ratified the agreement. It would give us access to that. It would also allow us to integrate more into the regional supply chains, because we would have a common set of rules of origin that would allow us to cumulate, which is to use product from throughout the region in our own manufactured products and to sell into the region.
The other main goal of ASEAN, aside from the market access, is.... There's strategic value in doing an FTA with ASEAN. ASEAN plays a very key role not only in the economy but also in the security relationships in Asia. Deepening our engagement and relationship there will help us on a strategic front, both in terms of supply chains and our political relationships. All of those things come from having an FTA. It helps on a number of fronts.