What does the World Trade Organization Fisheries Subsidies Agreement Mean for Sustainability and Development?Fisheries Subsidies Agreement • June 17th, 2022
Contract Type FiledJune 17th, 2022Overall, the text that has been agreed by Ministers in June lets the big fishing fleets off the hook. The Sustainable Development Goal 14.6 aims to “prohibit certain forms of fisheries subsidies which contribute to overcapacity and overfishing, and eliminate subsidies that contribute to IUU fishing, and refrain from introducing new such subsidies, recognizing that appropriate and effective special and differential treatment (SDT) for developing and least developed countries should be an integral part of the WTO fisheries subsidies negotiation”.