WTO fish focus about more than just fish, Chile export growth mixed

Ags - Meat/Dairy 230 Chile 91 China 2799 Consumer Staples 695 Norway 2 WTO 111

The WTO’s Director General, Ngozi Okonjo-Iweala, has stated that talks this week regarding fishery subsidy rules require success as it “is a top priority for this organization, not only for the fisheries, but also for the WTO system”. The WTO sorely needs to show success in unifying trade policy given the challenges faced to its dispute settlement process. The largest fish exporters in 2019 were Norway and China with 11.8% and 8.1% respectively of the $119.5 billion of global trade. Chile was one of the most exposed countries with 5.4% of global exports while fish accounted for 8.8% of t...

Copyright © 2021 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.