Financial Digest

Global Fishing Deal at Risk as Subsidized Fleets Deplete Fish Stocks

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 7 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

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Fishing,Fish Stocks,Subsidies

The failure to get a WTO deal places at risk the livelihoods of 260 million people who rely directly or indirectly on fishing. Some of the world’s wealthiest nations are in a race to the bottom. Literally. Billions of dollars in subsidies are funding large, high-tech fishing fleets that are scouring the globe for dwindling fish stocks.

The failure to get a WTO deal places at risk the livelihoods of 260 million people who rely directly or indirectly on fishing. Some of the world’s wealthiest nations are in a race to the bottom. Literally.

Billions of dollars in subsidies are funding large, high-tech fishing fleets that are scouring the globe for dwindling fish stocks.

 

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