Some thirty members of the World Trade Organization (WTO) are calling on all countries to conclude the second phase of the fisheries agreement. In June 2022, the ministers came to an agreement governing subsidies that contribute to illegal fishing. They did, however, leave one question unanswered: the fate of subsidies that contribute to overcapacity and overfishing.
At the 13th Ministerial Conference (MC13) in Abu Dhabi in March 2024, the members were unable to close this chapter, but...