Japan gives over CHF 55,000 to help LDCs engage in fisheries subsidies negotiations

Director-General Ngozi Okonjo-Iweala said: “Japan’s donation will continue to strengthen the participation of LDCs in these negotiations ahead of the upcoming 13th Ministerial Conference in February 2024. A shared global effort is required to build on last year’s landmark Fisheries Subsidies Agreement by disciplining subsidies that contribute to overfishing and overcapacity. It is critically important to ensure LDCs’ voices are well represented in the discussions.”

Ambassador Kazuyuki Yamazaki of Japan said: “Fisheries subsidies disciplines are crucial for our future marine resource sustainability and food security. With aiming of concluding the second wave negotiations at the 13th Ministerial Conference, full engagement from all WTO members, including LDCs, is highly important.”

Information about the negotiations can be found here.

The donation is in addition to Japan’s contribution of approximately CHF 763,000 to the WTO Fisheries Funding Mechanism to help developing and LDC members implement the landmark Agreement on Fisheries Subsidies adopted at the 12th Ministerial Conference (MC12) in June 2022.

Overall, Japan has contributed CHF 12.6 million to the various WTO trust funds from 2002 to 2023.

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