WTO Agrees on Limited IP Waiver for COVID-19 Vaccines and Package to Reduce Harmful Fishing Subsidies
The World Trade Organization’s first ministerial conference in four and a half years reached agreement early Friday morning on what officials described as "an unprecedented outcome" of six agreements, including a deal to curb some fishing subsidies that deplete ocean stocks, a limited waiver of WTO’s intellectual property protections on COVID-19 vaccines and a humanitarian food security measure – all of which will have wide-ranging impacts on global public health.
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S'pore becomes 2nd country to support global agreement ending harmful fisheries subsidies
Singapore has become the second member of the World Trade Organisation (WTO) to ratify its agreement to protect the world’s oceans. On Friday, the Republic formally accepted the treaty – the first multilateral trade agreement that focuses on environmental sustainability – becoming the first coastal state to do so.
Surpêche. Un accord « historique » à l’Organisation mondiale du commerce (in French)
Vingt ans que le dossier est tabou à l’Organisation mondiale du commerce. Ce vendredi 17 juin, les délégués des 164 États membres sont enfin parvenus à un accord concernant les subventions à la pêche. Un compromis, certes, mais qualifié d’historique par les associations écologistes.
Landmark Agreement Curbing Harmful Fisheries Subsidies Awaits Ratification A Year After Adoption
This month marks the first anniversary of the World Trade Organization’s (WTO) historic Agreement on Fisheries Subsidies. The treaty, adopted at the WTO's 12th Ministerial Conference, established the first global, legally binding framework that limits subsidies for illegal, unreported and unregulated (IUU) fishing and fishing of overfished stocks, as well as subsidies to vessels fishing on the unregulated high seas. The agreement also calls for countries to exercise “due restraint” in providing subsidies to vessels that do not fly their country’s flag or those that fish stocks with unknown status.