Grants and Contributions:

Title:
Canada's assessed contribution to International Tribunal for the Law of the Sea
Agreement Number:
7465246 P013473001
Agreement Value:
$626,133.00
Agreement Date:
Jan 27, 2025 - Mar 31, 2025
Description:
Canada's assessed contribution to International Tribunal for the Law of the Sea
Organization:
Global Affairs Canada
Expected Results:

Canada’s annual assessed contribution is a legally binding obligation of membership and a non-discretionary expenditure.

Location:
Hamburg, DE
Reference Number:
064-2024-2025-Q4-0208
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:

Belated reporting.

Recipient's Legal Name:
International Tribunal for the Law of the Sea
Program:
UN Convention on the Law of the Sea
Program Purpose:

The WTO is the cornerstone of Canadian trade policy and provides a forum to advance our relations with established and potential trading partners around the globe, including emerging markets and other developing countries. Canada’s membership in the WTO helps to ensure that an international rules-based framework is maintained. Membership also helps Canada to manage its trade relations and achieve its objectives for further economic growth by providing a forum for negotiating trade rights and responsibilities, for negotiating market access for goods and services, for monitoring the implementation of obligations and commitments under various agreements, for the review of Members’ trade policies and practices, and for settling disputes between Members. Canada's participation in the WTO also reflects the objectives identified in Canada's Global Commerce Strategy such as expanding Canadian access to global markets and networks, especially in priority markets, and strengthening Canada's international commercial network. The Global Commerce Strategy constitutes the Government of Canada's plan to promote Canadian prosperity in a complex global economy. Also, Canada’s membership to the WTO is aligned with DFATD strategic direction as outlined in its department's Program Activity Architecture (PAA). It contributes directly to achieve DFATD’s strategic outcome: Canada’s International Agenda.