It is a race against time that has begun for the members of the World Trade Organization (WTO) to identify, for the Ministerial (MC12) of June 2020, a compromise to reduce global fisheries subsidies (see EUROPE B12411A27).
On 6 and 7 February in Geneva, the European Union put forward a new proposal, co-sponsored by Japan, Korea and Taiwan. The text proposes to give developing countries more time to revoke some of their subsidies, according to a Geneva source. Differentiated deadlines of...