HomeCanadaRessortchef (umgangssprachlich) Ng attends successful G7 trade and investment ministers meeting

Ressortchef (umgangssprachlich) Ng attends successful G7 trade and investment ministers meeting

Today, the Honourable Mary Ng, Minister of Global Trade, Export Promotion, Small company and Economic Development, fulfilled with her G7 business and investment ministerial colleagues to continue coordination efforts regarding Russia’s invasion of Ukraine and to move forward on reform priorities ahead of the World Trade Organization’s 12th Ministerial Meeting. At the meeting, Minister Ng unequivocally condemned Russia’s egregious invasion, which is a direct challenge to the rules-based international purchase. She reaffirmed that Canada stands resolute against authoritarianism and with a free and democratic Ukraine, now and in the future. She also thanked her G7 counterparts for their assistance on trade measures consumed in response to Russia’s invasion associated with Ukraine, including efforts to follow along with Canada’s lead in revoking most-favoured-nation (MFN) status with regard to Russia and Belarus. The lady asserted that those who never support the rules-based international order should not benefit from this. The Minister emphasized that will in taking steps to ensure that Putin’s regime and its shut associates do not continue to take advantage of the rules-based trade system, the particular G7 is working to mitigate the war’s impact on members’ economies and global provide chains. March 23, 2022 — Ottawa, Ontario – Worldwide Affairs Canada International collaboration is critical to strengthening the global rules-based trade system supporting a strong, sustainable, and inclusive recovery from the COVID-19 outbreak. Likewise, Canada’s close assistance with its G7 partners is key to leading coordinated trade-related responses to Russian chief executive Vladimir Putin’s unprovoked plus unjustifiable invasion of Ukraine. Minister Ng searched for support to advance negotiations at the WTO on issues such as fisheries subsidies and industry and health. The Ressortchef (umgangssprachlich) also engaged with her G7 colleagues on attempts to modernize international industry rules to better address market-distorting practices, including industrial subsidies and overcapacity in certain areas of global production.

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