India blocks – once again – WTO fish subsidies agreement

India blocks – once again – WTO fish subsidies agreement

After four days of intense negotiations, which were extended for an additional day, the 166-member World Trade Organization (WTO) failed to achieve consensus on addressing subsidies that contribute to overfishing and overcapacity. The lack of consensus was generated...
WTO secures deal over fisheries subsidies

WTO secures deal over fisheries subsidies

After two decades of dialogue, trade ministers from 164 countries broke today a last-minute deal on fisheries subsidies. Despite India’s blocking pressures, which threatened to derail the multilateral agreement, WTO managed to sign a historic treaty to curb...