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US, 12 Countries to Start WTO Negotiations to Ban Fishery Subsidies

The United States and 12 other countries will start World Trade Organization negotiations to ban harmful fishery subsidies, particularly those that contribute to overfishing and overcapacity in the sector or are linked to illegal fishing, they said Wednesday. The countries said in a joint statement issued on the eve of a major oceans conference in Washington that 31 percent of the world's fisheries were operating at biologically unsustainable levels, with 58 percent at maximum levels...

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