Froman Pledges to Scale Back Illegal Fishing and Overfishing Through Pending Trade Pacts
The Obama administration is committed to fighting “illegal, unreported and unregulated” fishing through the Transatlantic Trade and Investment Partnership and Trans-Pacific Partnership (TPP), said U.S. Trade Representative (USTR) Michael Froman at the Department of State "Our Ocean" Conference. The administration…
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is aiming to prohibit harmful fishery subsidies, such as those that foster overfishing, said Froman, while saying USTR is asking for European Union collaboration. “While the details of proposals are not yet fully agreed upon, they are gaining momentum,” said Froman. “When completed, the TPP will include the most advanced environment chapter of any trade agreement ever negotiated, and it will be fully enforceable and subject to the same strong dispute settlement mechanism that applies to other obligations in the agreement.” President Barack Obama recently called for a multi-agency task force to look at the issue (see 14061726).