Trading
EU says draft WTO fisheries deal “can be the basis for an agreement”
GENEVA (Reuters) – The European Union (EU) said on Thursday that a draft deal on curbing fisheries subsidies formed the basis for clinching a global agreement at the World Trade Organization (WTO).
In remarks seen by Reuters, Valdis Dombrovskis, European Commission vice president, told a virtual WTO ministerial meeting in Geneva that the draft deal “can be the basis for an agreement” as it “contains many elements for landing zones”.
Negotiators at the WTO have been trying for 20 years to agree how to cap subsidies that contribute to the overfishing of the world’s seas and oceans.
(Reporting by Emma Farge; editing by Stephanie Nebehay)
-
Business4 days ago
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
-
Technology4 days ago
How to Use AI to Optimize Customer Relationships
-
Business4 days ago
What Every Small Nonprofit Needs to Know About Form 990-N
-
Finance4 days ago
stc Bahrain and Aleph Zero Partner to Advance Blockchain DePIN Across the Gulf Region