The United States provides subsidies for the production of organic agricultural products of up to US$3 million per project. These products promote environmental sustainability, natural resource conservation, animal welfare and biodiversity. The U.S. Department of Agriculture (USDA) is taking additional steps as part of its commitment to strengthen
Countries and regional organizations concluded at least 29 International Investment Agreements (IIAs) in 2023. What are IIAs? Whether in the form of bilateral, regional or multilateral treaties, these agreements establish rules and protections for foreign investors doing business in a host country. Of the 29 new IIAs, 12
The United States, China and Singapore were the countries with the highest FDI in 2023, according to UNCTAD. Globally, FDI inflows were $1.33 trillion in 2023, down 2% year-on-year. These were the leading economies by FDI arrivals and investments measured in billions of dollars: United States (311). China
Why did Mexico apply a 50% tariff on white corn exports until December 31, 2023? What follows in the next two paragraphs is Mexico’s response to the United Kingdom government in the framework of the World Trade Organization (WTO): The objective of this temporary measure is to reduce
The Chinese government urged more caution from its Canadian counterpart regarding Canada‘s national security measures against China under the World Trade Organization (WTO). While appreciating Canada’s constructive role in the WTO and the multilateral trading system in general, China expressed concern over certain Canadian policies and practices related
International trade and the jobs derived from imports and exports are important to Canada. International trade supports one in six jobs in Canada and accounts for 2.3% of world trade, despite representing only 0.5% of the world’s population, according to a trade official in Geneva, Switzerland. In the