7 WTO Members Accept Fisheries Deal During Senior Officials Meeting
Seven World Trade Organization member countries formally accepted the fisheries subsidies agreement on Oct. 23, pushing the number of WTO members to have done so to 51. This number is 46% of the total number needed for the agreement to…
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take effect, the WTO said. In all, Albania, Australia, Botswana, Cuba, Cote d'Ivoire, South Korea and St. Lucia accepted the deal as part of a two-day meeting of senior officials Oct. 23-24 in Geneva. WTO Director-General Ngozi Okonjo-Iweala, noting that Fiji is expected to accept the deal soon, said the announcement "represents a leap in the right direction."