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World Trade Organization (WTO)
EconomyGlobal Economy

China won’t ‘compete’ with other developing nations during WTO fishing talks, subsidies set to be discussed in Abu Dhabi

  • Li Chenggang, Beijing’s ambassador to the World Trade Organization (WTO), says China ‘will not compete with other developing members’ over an overfishing deal
  • Issue will be discussed at the global trade body’s 13th ministerial conference (MC13), to be held over four days in Abu Dhabi later this month

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Beijing’s approach is being closely watched by many diplomats who believe China – one of the main countries granting fishing subsidies – should not take advantage of its status as a developing country. Photo: AFP
Agence France-Presse

China said it would not behave irresponsibly towards developing nations when countries try to strike a new World Trade Organization (WTO) agreement on combating overfishing later this month.

“We will not compete with other developing members,” Li Chenggang, Beijing’s ambassador to the WTO, told a press conference on Thursday.

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After more than two decades of negotiations towards banning harmful subsidies that encourage overfishing and threaten the sustainability of the planet’s fish stocks, a deal was finally sealed at the WTO in 2022.

The agreement bans subsidies that contribute to fishing that is illegal, unreported or unregulated, or of overfished stock.

The deal also recognises so-called special and differential treatment for developing countries.

But some issues were left untouched, and the WTO’s 164 members hope to conclude a second package on subsidies contributing to overfishing and overcapacity at the global trade body’s 13th ministerial conference (MC13), to be held over four days in Abu Dhabi later this month.

It is down to states themselves to decide whether they are classed as developing or developed countries at the WTO. China is registered as a developing country.

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As stipulated in the organisation’s rules, the draft agreement on fisheries provides flexibilities and advantages for developing countries, but some of them – notably India – are demanding greater flexibility.

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