Ecobreves – GLOBAL: Debate on Subsidies

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GENEVA, Mar 24 2002 (IPS) - Governments from around the world are discussing curbing subsidies to fishing fleets at a new round of negotiations of the World Trade Organization’s Trade and Environment Committee that began in this Swiss city Friday, Mar 22. “It is clear that developing countries have a great deal to gain from the exchange of fishing products, but only if trade and fishing polices are reformed toward the sustainable management of those resources,” said Hussein Abaza, director of trade and economy at the United Nations Environment Program (UNEP), which organized two seminars at the WTO meeting.