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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Canada reaffirms its commitment to achieving WTO agreement on fisheries subsidies

Friday, July 16, 2021 > 09:29:53

Government of Canada 

As Canada heads into a sustainable recovery from the COVID-19 pandemic, it is committed to supporting multilateral efforts that safeguard global fisheries and promote sustainable fishing practices now and into our shared future.

Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, participated in a WTO ministerial meeting on fisheries subsidies negotiations. Chaired by Ngozi Okonjo-Iweala, Director-General of the WTO, the negotiations aim to curb harmful subsidies that damage the sustainability of global fisheries.

During the virtual meeting, Minister Ng confirmed Canada’s commitment to concluding negotiations to find a durable solution to fisheries subsidies. She highlighted elements of the Chair’s text that could form the basis for a meaningful agreement and which would help member states meet their shared target with the UN Sustainable Development Goal that seeks to prohibit harmful subsidies that contribute to unsustainable fisheries.

Read more here

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