FDBusiness.com

The EU Proposes to Curb Subsidies Causing Overfishing in WTO Countries

 Breaking News
  • Agrial Continues Strategic Expansion With German Dairy Acquisition Agrial, the French farming and food co-operative, is continuing its quest to create value for its dairy farmer members by acquiring German company Rotkappchen Peter Julich Group, a specialist in cow’s and goat’s milk cheeses. The acquisition of Rotkappchen Peter Julich Group, which owns three famous brands in Germany, furthers the growth strategy of Eurial, [...]...
  • €191 Million to Promote EU Agri-food Products at Home and Abroad The European Commission has adopted the 2019 promotion policy work programme, with €191.6million to be made available for programmes selected for EU co-financing – an increase of €12.5 million compared with 2018. €89 million will be allocated to campaigns in high growth countries such as Canada, China, Colombia, Japan, Korea, Mexico, and the United States. Some [...]...
  • Müller Removes Sugar With New Yogurt Culture Müller Corner, one of Britain’s best loved yogurt ranges, is set to reduce sugar by up to 9% and gain a creamier texture, thanks to the discovery of a new yogurt culture. Following a rigorous research and development process which involved access to more than 13,000 strains, Müller discovered that the combination of two specific yogurt [...]...
  • Mintel Launches Purchase Intelligence in the UK Mintel, the world’s leading market intelligence agency, has launched Mintel Purchase Intelligence, the newest innovation in product comparison technology, providing rapid, reliable consumer opinion on every reported new food and drink product in the UK*. Every day, Mintel benchmarks consumer reactions to new product launches so manufacturers, companies and brands can immediately understand and analyse what is [...]...
  • Discovery, Plant-Based and Alternatives Lead the Top Ten Trends For 2019 Targeting increasingly adventurous consumers, set on new discoveries and experiences, will be key to developments in the food and beverage industry in 2019. The connected world has led consumers of all ages to become more knowledgeable of other cultures, contributing to 35 percent growth of “discovery” claims, when comparing 2017 and 2016 new product launch [...]...

The EU Proposes to Curb Subsidies Causing Overfishing in WTO Countries

The EU Proposes to Curb Subsidies Causing Overfishing in WTO Countries
October 20
10:47 2016

The EU is proposing to restart talks on an international WTO agreement on fisheries subsidies to combat the further depletion of the world’s fish stocks and the devastation of natural habitats. Many countries the world over subsidise their fishing activity in ways that contribute to overfishing. While curbing harmful subsidies, the EU proposal foresees exceptions for developing countries, and takes account of the needs of local fishing communities in least developed and developing countries.

Commissioner for Trade Cecilia Malmström and Commissioner for the Environment, Maritime Affairs and Fisheries Karmenu Vella wrote in a blog post: “A broad, multilateral agreement on harmful fishing subsidies will be key to safeguarding the world’s fisheries. We call upon other members of the WTO to join us in addressing this massive global challenge together, and to implement the commitments we made in the UN Sustainable Development Goals. Negotiations should start immediately, in order to reach an agreement at the next WTO Ministerial Conference in December of next year.”

The proposal from the Commission has now been given the green light of the EU Member States, for presentation to all WTO members. The proposal addresses two forms of harmful subsidies, namely those that directly increase the capacity of fleets to catch fish and those that contribute to illegal, unregulated or unreported fishing. While the rapidly growing capacity of industrial fleets needs to be addressed, subsistence fishing needs to be protected. The EU proposal is in line with commitments made in the UN Sustainable development goals to prohibit certain forms of fisheries subsidies through the WTO by 2020. The EU is also acting at home, through its new common fisheries policy, which will ensure that all EU fish stocks are fished at a sustainable level by 2020 at the latest.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 21, 2018expoSE European Asparagus and Strawberry Fair
  • November 27, 2018Health Ingredients Europe
  • November 28, 2018FOOD & LIFE
  • December 3, 2018P&P 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements