WebJul 8, 2024 · Fisheries Subsidies at the World Trade Organization: It’s a (re) balancing act… In this commentary, IISD’s Alice Tipping explains the changes made in the latest draft text in the WTO fisheries subsidies negotiations, released on June 30, and what they reveal about the direction of the negotiations. WebFishing subsidies are estimated to be as high as $35 billion worldwide, of which $20 billion directly contributes to overfishing. According to FAO data, the percentage of stocks fished at biologically unsustainable levels increased from 10 percent in 1974 to 34.2 percent in 2024.
The draft WTO agreement on fisheries subsidies: Are we closing …
WebAGREEMENT ON FISHERIES SUBSIDIES DRAFT TEXT Note: This document is without prejudice to any Member's positions or views, whether or not reflected herein. _____ ARTICLE 1: SCOPE This Agreement applies to subsidies, within the meaning of Article 1.1 of the Agreement on Subsidies and Countervailing Measures (SCM Agreement) that are … WebJun 23, 2024 · Fisheries subsidies have been on the agenda of the WTO since 2001, predating the promulgation of the SDGs. The WTO is an international organisation headquartered in Geneva with 164 Members comprising both states and customs unions with full autonomy over their trade relations. cyberpunk 2077 corpo pistol
United States’ Acceptance of Agreement on Fisheries …
WebMay 28, 2024 · On May 11, 2024 the Chair of the WTO negotiations on fisheries subsidies released a new draft text for the agreement. With the negotiations set to be concluded at a Ministerial meeting on July 15, 2024, this crucial text sets out areas of agreement and issues still to be resolved. Web1 day ago · Adopted by consensus at the WTO’s 12th Ministerial Conference (MC12) held in Geneva from 12th to 17th June, 2024, the Agreement on Fisheries Subsidies sets new binding, multilateral rules to ... WebJul 25, 2024 · Recently, Agreement on Fisheries Subsidies (AFS) was concluded at the World Trade Organization (WTO) Ministerial meeting. What is the WTO Ministerial Conference? WTO: It came into being in 1995 . The WTO is the successor to the General Agreement on Tariffs and Trade (GATT) established in the wake of the Second World War. raiton