Canada supports sustainable global fishing with contribution to WTO Fisheries Subsidies Trust Fund
April 18, 2023 - Ottawa, Ontario - Global Affairs Canada
The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that Canada has contributed $1.4 million to the WTO Fisheries Subsidies Trust Fund.
At the 12th Ministerial Conference (MC12) in June 2022, WTO members adopted the WTO Agreement on Fisheries Subsidies to ensure sustainable global fisheries, food security and improved livelihoods for future generations. As part of the agreement, the WTO Fisheries Subsidies Trust Fund was established to help developing and least developed member countries implement the agreement.
Through the WTO Fisheries Subsidies Trust Fund, assistance can be provided to identify and reform harmful fisheries subsidies, such as those that subsidize illegal, unreported, and unregulated fishing, to strengthen overall fisheries management practices, and to support the implementation of the WTO Agreement on Fisheries Subsidies.
“Canada continues to work closely with WTO members to ensure a sustainable, resilient and inclusive global economy. Canada’s contribution to the WTO Fisheries Subsidies Trust Fund will support developing and least developed countries in implementing the WTO Agreement on Fisheries Subsidies and ensure that global fish stocks remain viable and a source of income and food around the globe for years to come.”
- Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development
“Canada’s contribution to the WTO Fisheries Subsidies Trust Fund will help in the important work of ending illegal, unreported and unregulated fishing. By helping least developed and developing countries prohibit harmful subsidies that encourage unsustainable fishing practices, Canada is supporting the conservation and sustainable use of global marine resources.”
- Joyce Murray, Minister of Fisheries, Oceans and the Canadian Coast Guard
“Canada’s contribution to the WTO Fisheries Subsidies Trust Fund will not only help people living in vulnerable regions who depend on fishing, it will also help contribute to building more inclusive economies and sustainable fisheries, while, at the same time, enhancing food security and improving livelihoods in vulnerable communities.”
- Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada
Office of the Minister of International Trade, Export Promotion, Small Business and Economic Development
Media Relations Office
Global Affairs Canada
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