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WTO | 2020 News items - WTO members committed to keeping up momentum in fisheries subsidies negotiations

   “While I am disappointed that we will miss the 2020 deadline, I am not discouraged,” the chair said after reporting to members at the 14 December informal meeting of the Trade Negotiations Committee at the level of heads of delegations. “The momentum is there and we must not waste it. At this critical juncture, we need members to close the gaps and deliver a meaningful agreement soon.” Based on the mandate from the WTO s 11th Ministerial Conference and the UN Sustainable Development Goal Target 14.6, negotiators have been given the task of securing an agreement on disciplines to eliminate subsidies for illegal, unreported and unregulated fishing and to prohibit certain forms of fisheries subsidies that contribute to overcapacity and overfishing, with special and differential treatment being an integral part of the negotiations.

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