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WTO Chief Sees Fisheries Deal as Key to ‘Watershed’ Year

A fisherman in the English Channel in January.

A fisherman in the English Channel in January.

Photographer: Bloomberg/Bloomberg

The world’s most important trade negotiation this year centers on a deal aimed at saving the world’s fisheries.

Back in 2015, global leaders tasked the World Trade Organization with ending excessive and illegal fishing. The idea was to eliminate government subsidies that incentivize companies to deplete the world’s fish stocks and threaten coastal economies.