Canada Accepts WTO Fisheries Deal
Canada became the fifth World Trade Organization member to formally accept the Agreement on Fisheries Subsidies, the WTO announced. WTO Director-General Ngozi Okonjo-Iweala called the move a "further demonstration of Canada's strong commitment to ocean sustainability through the WTO's work…
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on fisheries subsidies, as well as its commitment to the WTO system as a whole." She urged other WTO countries "to follow suit in activating this agreement that is so vital for protecting our oceans today and for generations to come." The agreement needs acceptance from two-thirds of WTO members for it to come into effect. The U.S., Switzerland, Singapore and Seychelles are the other nations that have accepted the deal.