July 8, 2021 — The World Trade Organization hosts talks next week aimed at reaching a deal to cap subsidies that contribute to the overfishing of the world’s seas and oceans.
Prospects for a breakthrough appear dim. WTO delegates have been negotiating for 20 years and only last December agreed on the definition of “fish”.
The WTO’s new director general, Ngozi Okonjo-Iweala, has said a deal is a top priority but she has also expressed doubts about a July conclusion.