World Trade Organization members agreed Tuesday to adopt the draft text on proposed disciplines for addressing subsidies contributing to overcapacity and overfishing, which have depleted global fish stocks. This draft serves as the basis for finalizing an outcome in the remaining six weeks before the 13th Ministerial Conference.
Issued last month by fisheries negotiations chair Einar Gunnarsson of Iceland, the draft enables members to negotiate a clear text for the trade ministers' meeting in Abu Dhabi on February 26.
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