Revised fisheries subsidies text kicks off intensified negotiations ahead of MC12

At a meeting of the Negotiating Group on Rules at the Head of Delegation level, the chair of the fisheries subsidies negotiations, Ambassador Santiago Wills of Colombia, introduced on 8 November a second revision of the draft negotiating text to be used as the basis for clause-by-clause discussions among members aimed at resolving remaining differences ahead of the 12th Ministerial Conference (MC12) to be held on 30 November to 3 December. Director-General Ngozi Okonjo-Iweala said the text represents a good balance that addresses development issues and maintains ambition.