Negotiations on the FTA were launched in June 2020, with negotiations occurring to a very large extent by virtual meetings against the backdrop of the COVID-19 pandemic. We reached a significant milestone on 20 October 2021, when New Zealand and the UK reached agreement in principle, which confirmed the parameters of the deal and set out the terms on which the text was concluded over subsequent months, with signature occurring in London in late February. I'm very pleased to say that our relationship with the United Kingdom is further strengthened by a gold-standard free-trade agreement. With the agreement now signed, both sides are working to bring the FTA and its benefits into force as soon as possible—ideally, by the end of 2022. 