After nearly 25 years of negotiations, the World Trade Organization (WTO) finally has its first legally binding agreement to tackle government fisheries subsidies. After two-thirds of WTO members ratified the Agreement on Fisheries Subsidies, the deal has entered into force. It marks a long-overdue step toward addressing the role harmful fisheries subsidies play in overfishing.
What the WTO’s deal to curb fisheries subsidies means and what it could achieve
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