Economics

Global Fishing Talks Blow 2020 Deadline as China, India Balk

Failure denies WTO symbolic win at a critical moment of crisis
Fishing subsidies worth about $14-$54 billion per year

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By Philip Heijmans

December 15, 2020 at 8:04 AM UTC

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The World Trade Organization announced it will miss a 2020 deadline to secure an agreement prohibiting subsidies that threaten the sustainability of global fishing, as countries including China and India hold out for an exemption.