SA is inching closer to adopting the World Trade Organisation’s (WTO) agreement on fisheries subsidies after a decade of negotiations, with local players saying the pact will help level the playing field with their offshore counterparts.

Department of environment, forestry and fisheries spokesperson Peter Mbelengwa said the agreement on fisheries subsidies seeks to establish for the first time a binding set of global rules to curb harmful fishing subsidies that are provided by several foreign governments to the fishing sector...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.