INTERNATIONAL ORGANISATION ROUND UP – WTO DISCUSSES FISHING SUBSIDIES FOR FIRST TIME
June 1st, 2008
BY KEITH NUTHALL
MEMBERS of the World Trade Organisation (WTO) are for the first time seriously debating a global agreement on fishing subsidies, setting rules on their scope that would apply across the globe, and which could ban financial handouts for increasing fleet capacity.
The negotiations are being staged as part of the WTO's Doha Development Round, the multilateral trade negotiations that have been held since 2001, and which this year - finally - are approaching a conclusion.
Fishing subsidies have remained unregulated by WTO rules until now, effectively ...
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