China deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on 27 June, affirming its support for the historic agreement for ocean sustainability as the world’s leading marine fishing producer. The news follows a call from WTO members that are among the first 10 to formally accept the Fisheries Subsidies Agreement for other […]
WTO members concluded the 12th Ministerial Conference (MC12) in Geneva on 17 June, securing multilaterally negotiated outcomes on a series of key trade initiatives. The negotiations on fisheries subsidies began more than twenty years ago, in 2001, and have now reached an important milestone. It is the first time WTO members have ever concluded a […]
For nearly two decades, member governments of the World Trade Organization have been working on a deal to end harmful fisheries subsidies, one of the main drivers of overfishing. Fisheries subsidies are payments that governments make to fishing fleets to help cover costs such as fuel and vessel construction. But these subsidies damage the environment […]