Canada Reaffirms its Commitment to Achieving WTO Agreement on Fisheries Subsidies



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.

Minister Ng conveyed Canada’s support for a strong discipline on illegal, unreported, and unregulated (IUU) fishing, consistent with the CPTPP and CUSMA outcomes, that prohibits any subsidies to vessels and operators engaged in IUU fishing. The Minister also acknowledged the need to develop an approach to support the sustainable livelihoods of poor and vulnerable artisanal fishers in developing countries.

To read the full press release from the Government of Canada, please click here