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July moment of truth for WTO fishery subsidy talks

April 28, 2021 — The head of the World Trade Organisation is hoping to present a final text of a deal on ending harmful fishery subsidies to a virtual meeting of trade ministers in July.

A series of meetings in April between heads of delegations focused on several key issues which remain to be resolved, including potential exemptions for subsidies to subsistence or small-scale fishing; due process for determining illegal, unreported, and unregulated (IUU) fishing; and the approach to the prohibition of subsidies contributing to overcapacity and overfishing.

Read the full story at Seafood Source

New WTO chief pushes for vaccine access, fisheries deal

March 2, 2021 — The new head of the World Trade Organization called Monday for a “technology transfer” when it comes to COVID-19 vaccines and urged member nations to reach a deal to reduce overfishing after years of fruitless talks as she laid out her top priorities after taking office.

Director-General Ngozi Okonjo-Iweala, a Nigerian economist and former government minister, donned a mask and doled out welcoming elbow bumps as she took up her job at WTO headquarters on the banks of Lake Geneva. Still, she immediately set about trying to change the organization’s culture.

“It cannot be business as usual. We have to change our approach from debate and rounds of questions to delivering results,” she told ambassadors and other top government envoys that make up the 164-member body’s General Council.

“The world is leaving the WTO behind. Leaders and decision-makers are impatient for change,” she said, noting several trade ministers had told her that “if things don’t change,” they would not attend the WTO’s biggest event — a ministerial meeting — “because it is a waste of their time.”

Okonjo-Iweala, 66, is both the first woman and the first African to serve as the WTO’s director-general. Her brisk comments were a departure from the more cautious approach of her predecessor, Roberto Azevedo, who resigned on Aug. 31 — a year before the end of his term.

Read the full story from the Associated Press at The Boston Globe

WTO Director-General Ngozi Okonjo-Iweala calls for deal to curb fishing subsidies

March 2, 2021 — The new director-general of the World Trade Organization (WTO) has emphasized her commitment to getting a deal done on ending fishery subsidies.

Ngozi Okonjo-Iweala, a trained economist and former government minister in Nigeria, was appointed as WTO director-general in February.

Read the full story at Seafood Source

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