| Iceland formally accepts Agreement on Fisheries Subsidies, pledges CHF 500,000 to Fund |
| Iceland deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on 10 May, making it the sixth WTO member to do so. Director-General Ngozi Okonjo-Iweala and Ambassador Einar Gunnarsson of Iceland, who is also chair of the ongoing second wave of fisheries subsidies negotiations, highlighted the importance of the Agreement’s entry into force for ocean sustainability and for the WTO. Ambassador Gunnarsson also announced Iceland’s pledge to donate CHF 500,000 to the WTO Fisheries Funding Mechanism. |
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| | Progress in agriculture talks in “immediate future” is crucial, chair tells negotiators |
| At meetings open to all WTO members on 3-4 May, the chair of the agriculture negotiations — Alparslan Acarsoy of Türkiye — urged participants to accelerate their efforts to find common ground ahead of the 13th Ministerial Conference (MC13), which is due to take place in Abu Dhabi in February 2024. “Making progress in the immediate future is crucial if we want to reach an outcome at MC13,” the chair said at a meeting of the Committee on Agriculture in Special Session. |
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