Canada focuses on the future

摘要

THEY SAY THAT history doesn't repeat itself. And the Canadian fishing sector has done everything it can in recent years to ensure that a repeat of the cod fishery collapse of the early 1990s never happens again.While struggles with the cod fishery that led to a complete closure in 1992 is well documented, the work that has been going since in the Canadian fishery industry is not so well known.Only recently, Canada and the European Union (EU) agreed on a comprehensive trade agreement that will significantly boost trade and investment links and create job opportunities and further business partnerships for the fishing sector. When the agreementcomes into force, approximately 96% of all EU tariffs on Canadian fish and seafood products will be eliminated straight away, with 100% gone after a further seven years.