April 28, 2021 — The head of the World Trade Organisation is hoping to present a final text of a deal on ending harmful fishery subsidies to a virtual meeting of trade ministers in July.
A series of meetings in April between heads of delegations focused on several key issues which remain to be resolved, including potential exemptions for subsidies to subsistence or small-scale fishing; due process for determining illegal, unreported, and unregulated (IUU) fishing; and the approach to the prohibition of subsidies contributing to overcapacity and overfishing.