October 4, 2022 — Members of the World Trade Organization will shortly elect a new chair to handle the next phase of talks to end harmful fishery subsidies with an informal meeting of delegates taking place 10 October, where participants will map out a course for negotiations.
Santiago Wills, Colombia’s ambassador to the WTO, chaired the negotiations on the landmark agreement struck in June 2022, which prohibited subsidy support for illegal, unreported, and unregulated (IUU) fishing and limited fishing of overfished stocks. In a statement in late September, Wills urged WTO members to deposit their instruments of acceptance of the agreement as soon as possible so to allow it to enter into force. Hesaid work would continue on “advancing the negotiations” in preparation for the upcoming conference of trade ministers in December 2023.