Calling for a different approach on ‘Fish 2,’ U.S. rules out deal by MC14

The U.S. will not consider a draft negotiating text for an agreement on fisheries subsidies at the World Trade Organization as a basis for advancing those talks, Washington said on Tuesday, calling for members to “pause” and “reflect” on the negotiations and precluding the possibility of a deal by the next ministerial conference. Talks on the agreement, known as Fish 2, cover subsidies for overfishing and overcapacity, among other provisions that members left out of a 2022 agreement on fisheries...