
NEWS ITEM
WTO, Pacific Islands affirm cooperation for work on fisheries subsidies and key issues
The WTO and the Pacific Islands Forum on 18 November affirmed continuing cooperation on fisheries subsidies and other key issues. WTO Director-General Ngozi Okonjo-Iweala, meeting with Pacific Islands ministers in Nadi, Fiji, lauded the group’s advocacy on and stewardship of the ocean and climate. To reaffirm longstanding cooperation between the two organizations, the WTO and the Pacific Islands Forum (PIF) renewed a memorandum of understanding for joint technical assistance.
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NEWS ITEM
DDG González: Timely and quality market information is key to transparency, food security
Growing risks to food security and market uncertainties underline the need to enhance transparency about agricultural trade measures and to strengthen data-sharing through the G20 Agriculture Market Information System (AMIS), Deputy Director-General Anabel González said on 18 November. She was speaking at a meeting of the AMIS Global Food Market Information Group at the WTO’s headquarters. “The availability, quality, and timeliness of country submissions remain key to building accurate supply and demand balances for vitally important food security crops,” she stressed.
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NEWS ITEM
WTO Fisheries Funding Mechanism now operational to assist developing countries and LDCs
A key commitment from the WTO’s Fisheries Subsidies Agreement has now been made effective. Specifically, the WTO Fisheries Funding Mechanism envisioned in that Agreement is now operational and ready to accept donations to support developing and least-developed countries in implementing the WTO’s new agreement to curb harmful fisheries subsidies. The WTO Secretariat formally submitted its notification outlining how the Fund will work and its estimated budget to WTO members at a meeting of the Committee on Budget, Finance and Administration on 8 November.
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