WTO, World Trade Organization (2023) Fisheries subsidies- Draft consolidated chair Text: Draft disciplines on subsidies contributing to overcapacity and overfishing, and related elements (TN/RL/W/277). p. 5.
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No Member shall grant or maintain subsidies to fishing or fishing related activities that contribute to overcapacity or overfishing. For the purpose of this paragraph, subsidies that contribute to overcapacity or overfishing include: (a) subsidies to construction, acquisition, modernisation, renovation or upgrading of vessels; (b) subsidies to the purchase of machines and equipment for vessels (including fishing gear and engine, fish-processing machinery, fish-finding technology, refrigerators, or machinery for sorting or cleaning fish); (c) subsidies to the purchase/costs of fuel, ice, or bait; (d) subsidies to costs of personnel, social charges, or insurance; (e) income support of vessels or operators or the workers they employ [except for such subsidies implemented for subsistence purposes during seasonal closures]; (f) price support of fish caught; (g) subsidies to at-sea support; and (h) subsidies covering operating losses of vessels or fishing or fishing related activities. Before granting a subsidy, a Member shall consider the consequence of the subsidy on overcapacity and overfishing.
| Item Type: | Articles |
|---|---|
| Keywords: | Fisheries Subsidies, Overcapacity, Overfishing, Fishing Gear, Fish Stocks, Fish Processing, Conservation |
| Subjects: | Right to Resources |
| Depositing User: | Kokila ICSF Krish |
| Date Deposited: | 04 Jun 2025 06:57 |
| Last Modified: | 04 Jun 2025 06:57 |
| URI: | http://icsfarchives.net/id/eprint/22043 |
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