WTO downgrades likelihood of fisheries deal at General Council

The World Trade Organization on Friday said a potential addendum deal on fisheries subsidies would be a topic of discussion at a General Council meeting next week but it is no longer slated to be approved, likely indicating an agreement is not in the offing. Many members had hoped to finalize a deal on disciplines for subsidies contributing to overcapacity and overfishing – left out of the 2022 Agreement on Fisheries Subsidies – this week, with the goal of approving...