March 4, 2024 — World Trade Organization negotiators are regrouping after failing to reach an agreement on a treaty curbing harmful fishery subsidies at the 13th Ministerial Conference in Abu Dhabi, U.A.E.
Despite optimism for a deal prior to the meeting, several developing nations, including India, rejected the proposed text in the final hours of the meeting on Saturday, 2 March, in opposition to what they described as “loopholes” for big fishing nations.