World Trade Organization Continues to Allow Subsidized Overfishing
This setback extends the WTO’s two-decade-long streak of failing to prohibit harmful subsidies, a commitment it first took up at the 2001 Doha Ministerial Conference.
- This setback extends the WTO’s two-decade-long streak of failing to prohibit harmful subsidies, a commitment it first took up at the 2001 Doha Ministerial Conference.
- Oceana’s Senior Analyst Dr. Daniel Skerritt says, “This outcome is not just disappointing; it’s a dire blow to global marine biodiversity.
- Our governments are failing to look beyond their own short-term self-interest, prioritizing political posturing above reaching an agreement that would benefit everyone.
- To date, 70 members have accepted the Fisheries Subsidies Agreement, meaning 40 acceptances remain for the agreement to enter into force.