Fuelling the fisheries subsidy debate: Agreements, loopholes and implications
Harper, Sarah; Bevacqua, Daniele; Chudnow, Rachel; Giorgi, Sabrina; Guillonneau, Victoire; Le Manach, Frédéric; Sutor, Tim; Sumaila, Ussif Rashid (2012), Fuelling the fisheries subsidy debate: Agreements, loopholes and implications, Fisheries Research, 113, 1, p. 143-146. http://dx.doi.org/10.1016/j.fishres.2011.10.007
TypeArticle accepté pour publication ou publié
Journal nameFisheries Research
MetadataShow full item record
Le Manach, Frédéric
Sumaila, Ussif Rashid
Abstract (EN)There is a general consensus that most subsidies to fisheries, particularly fuel subsidies, are harmful to both the economy and the environment. As the World Trade Organization struggles to come to an agreement on fisheries subsidies, understanding the position of the negotiating countries is crucial. As we move toward more sustainable regulations, we must ensure that no loopholes exist for countries to evade binding regulations. In this note, we use the example of the United States to illustrate how arguments for exemptions can lead to such loopholes. The United States provides interesting insight, as it appears that their support for a ban on fisheries subsidies may be contingent upon a legal pun, which would allow them and other countries to carry on subsidizing fuel to their fishing fleets into the future.
Subjects / KeywordsFisheries fuel subsidy; Regulation loophole; Tax diversion; United States; World Trade Organization agreement
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