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Draft Text on 2nd Fisheries Deal Set as Basis for Talks in Run-Up to MC13 at WTO

World Trade Organization members on Jan. 15 agreed that as the basis for talks in the run-up to the 13th Ministerial Conference, they would use the most recent draft text on addressing subsidies promoting overcapacity and overfishing, the WTO announced.…

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Iceland's Einar Gunnarsson, chair of the fisheries subsidies talks, said members over the next four weeks will use the draft to finalize a "clean" text for MC13, which will be held Feb. 26-29 in the United Arab Emirates. The WTO said members will hold meetings from Jan. 15 to Feb. 9 to "go through the whole text." This period is being dubbed "Fish Month" at the WTO.