Victory | November 1, 2007
WTO Drafts Agreement on Subsidies
The World Trade Organization took a tremendous step forward in the negotiations when it produced the first draft agreement on fisheries subsidies which surpassed, in some cases, all of Oceana’s conservation recommendations. The WTO negotiations were expected to be completed by the end of 2008, but are still ongoing because of reasons not related to fisheries subsidies. Oceana continues to “protect” the draft agreement, which is still intact and remains the basis for the negotiations.