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WTO unlikely to reach final deal on fishery subsidies during conference

The United States and 12 other countries said last year they would begin WTO negotiations to ban harmful fishery subsidies

Reuters  |  Buenos Aires 

World Trade Organisation (WTO) members are unlikely to reach a final deal to curb fishery subsidies during the ministerial conference underway this week in Buenos Aires, spokesman Keith Rockwell told reporters on Monday. Delegates of the 164-member body were instead discussing an "interim" deal, but remained divided on whether such a temporary agreement should contain exemptions for certain countries while negotiations for a final deal went ahead, Rockwell said. "It seems clear that we may not be able to get a final decision, so an interim decision on illegal, ...

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First Published: Tue, December 12 2017. 11:37 IST