User login

U.S., Australia propose three-tiered cap system in WTO fisheries talks

March 25, 2019 at 4:49 PM
The U.S. and Australia have floated a three-tiered system of subsidy caps in World Trade Organization negotiations on fisheries subsidies, according to a proposal made public on Monday. The tiers would group members based on how large a share of production and seafood exports they represent and set the deadline for finalizing negotiations, reductions and subsidy caps by this fall. Following a mandate -- advanced at the 2017 Buenos Aires ministerial -- to ban subsidies for illegal, unreported and unregulated...

Not a subscriber? You can request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.