WTO: Fisheries Deal Still not Landed

Posted 1/5/24

“We will resume work right after the holidays, with a ‘fish month’ of continuous negotiations taking us to mid-February, when texts for MC13 need to be ready,"  vowed Ambassador Einar Gunnarsson of Iceland, chair of the fisheries subsidies negotiations.

At the end of the latest Fish Week in early December, members were unable to reach agreement on additional fisheries subsidies disciplines.  

Developing nations are wary of a possible loophole that could allow industrialized countries like the European Union, U.S. and China to continue handing out certain subsidies – such as paying cash for access to third countries’ waters – while still adhering, on paper, to an agreed deal.

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