 Senator Takatsu, you have a very long career at MITI, the Japan's Ministry of International Trade and Industry. At the moment we have Donald Trump making an Asian tour, I think this precise moment, he may even be playing golf with Shinzo Abe. But we obviously have potential trade tensions because of the President's policy or views on international trade. How do you view the trade problems and tensions in East Asia and across the Pacific? Well I think just before Mr. Trump, the President Trump was elected, everybody really thought that the United States is pursuing to get the TPP concluded. Even though this is really some of the domestic pressure in the United States is a little different from what the US government led by the President Obama is different. But still we thought that we can create this TPP. And this is really the masterpiece for globalized the trade and investment. But we thought that this is a really high level of the treaty amongst all these members. 12 countries led by the United States. That's right. And this is really in particular for Japanese government. The TPP is not only the regional or some kind of multi-lateral agreement. This is the agreement between the United States and Japan included. So this is the most important part of the TPP for Japan. So when the United States decided to kick out, walk out from the TPP, it's really the big damage for us. And we thought whether we had better to pursue TPP 11 or we had better to just decide to go the completely different way of having bilateral FTAs and so on. But do you regard the TPP as always excluding China or not? Well, the TPP, the President Abe's government is the pro-United States, but it's something entire, China. So as you see that even the WTO, whether China is the market-oriented economy or not, so the economic status is still quite a vague issue. And we are having another talk within the Asian region, so-called RCEP, which is mainly this with ASEAN countries plus China, Korea, and Japan. But at that time, we thought we are a little concerned or maybe more concerned that the level of agreement may be quite low than our expectation, because China cannot accept some of the market-oriented economy type of the solution of what we really wanted to have. So in that sense, the TPP without China, once that was created, sometime we can invite China to come in with high-level, such a standard. Well let me ask a final question then. Let's assume that the United States' decision to lead the TPP is irrevocable. Will there come a time when you do actually invite China to join? So before that, TPP-11, we are very much expecting the TPP-11 will be agreed without the United States. And if once that's what's created, well, we can say that we can extend the invitation to the United States first. Why don't you come back? And the second one is when the China or Korea are interested in coming into the TPP-11, at that time we can say that the level of the TPP-11 is so high and there is some hurdle for China to clear. And if they are there to do so, well, we can just replace from the ASAP agreement to TPP agreement. Well, let us hope very much for the best on this. That's the real challenging thing. In my opinion, it was a very good process at TPP, so let us hope for the best. Yes. Sanoh San, thank you very much. Thank you very much.