Belize Becomes 1st Central American Nation to Accept WTO Fisheries Deal
Belize formally adopted the World Trade Organization Agreement on Fisheries Subsidies, becoming the 10th country and first Central American country to do so, the WTO announced. A two-thirds majority is needed for the fisheries deal to come into effect. The…
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WTO said Belize's agreement builds on the goals set from a recent meeting between Director-General Ngozi Okonjo-Iweala and the Belizean Prime Minister John Briceno. "This agreement holds paramount importance for Belize, given its reliance on marine exports and tourism," Okonjo-Iweala said. "By supporting the elimination worldwide of harmful fisheries subsidies, Belize sends a strong signal to the international community that it is committed to preserving the health and productivity of the oceans, promoting economic growth, and enhancing livelihoods dependent on the marine sector.”