Okonjo-Iweala: Fisheries deal implementation ‘doable’ in a year or less

The recently completed World Trade Organization deal to rein in global fisheries subsidies could enter into force in a year or less if governments choose to move quickly, WTO Director-General Ngozi Okonjo-Iweala said on Thursday, arguing that implementing the deal quickly -- and not in the usual two to three years -- is paramount for ocean sustainability. The agreement, reached at the organization’s 12th ministerial conference last month, includes disciplines on subsidies contributing to illegal, unreported and unregulated fishing as...