“Many WTO members want an agreement on fisheries that is strong, simple and enforceable,” said U.S. Trade Representative Susan Schwab in a statement.
The United States proposes banning subsidies to enterprises that capture ocean fish commercially.
“Tough fisheries subsidy disciplines are an essential complement to strong fisheries management programs to ensure that wild fish stocks remain sustainable for future generations,” Schwab said.
The U.S. proposal also addresses ways to avoid circumvention of the new rules, transparency, periodic review of the agreement’s implementation, transitional arrangements and the potential use of fisheries experts in WTO disputes. Programs that generally do not contribute to overcapacity and overfishing, such as decommissioning of fishing vessels and reduced fishing capacity, would be exceptions to the ban under certain conditions.
The United States has worked closely with a broad coalition of countries, including New Zealand, Australia, Argentina, Chile, Ecuador and Peru, to crack down on fishing subsidies.
“The proposal by the United States is the most aggressive step yet in the negotiations towards achieving strong rules to control overfishing subsidies,” said Courtney Sakai, campaign director for Washington-based lobby Oceana.
According to a recent study by the University of British Columbia, global fishing subsidies reach $30 billion a year, with at least $20 billion of that being used to support the ability of fleets to fish longer and farther away at sea. The study further noted that the largest overall subsidizers are Japan ($5.3 billion), the European Union ($3.3 billion) and China ($3.1 billion).
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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