A Golden Opportunity to End Destructive Fishing Subsidies
For years, WTO members have failed to forge an agreement to limit fishing subsidies, thereby allowing the continuation of ecologically devastating fishing operations that would otherwise be economically unviable. But with another round of negotiations this month, they have a chance to make up for lost time.
GENEVA – It is not often that trade negotiators get a chance simultaneously to protect vulnerable people and their livelihoods, promote healthier oceans, and fulfill one of the United Nations Sustainable Development Goals. But that is exactly the opportunity awaiting trade ministers as they gather at the World Trade Organization this week to discuss new global rules limiting government support for the fishing industry.