Negotiations towards banning subsidies that encourage overfishing and threaten the sustainability of the planet's fish stocks have been going on at the World Trade Organization for more than two decades; India refused to sign up without a 25-year transition exemption
Official delegations listen to the speech of Nigerian Director General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala at their headquarters in Geneva, on June 12, 2022. Fishing subsidies is the flagship deal that the WTO's leader Ngozi Okonjo-Iweala was hoping to get passed at the global trade body's first ministerial conference in nearly five years (Image: Martial Trezzini / Pool / AFP)