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FIRST STEPS TO ENDING HARMFUL SUBSIDIES FOR OVERFISHING AGREED AT WTO

The 12th Ministerial Conference of the World Trade Organisation (WTO) that gathered representatives from 164 countries in Geneva this week, has made progress in the issue of harmful fishing subsidies. In her closing speech, WTO Director-General, Ngozi Okonjo-Iweala, said: “The agreement prohibits support for Illegal, Unreported and Unregulated (IUU) fishing. It bans support for fishing …

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