In spite of a clear decline in certain fish populations, many fisheries subsidies still promote illegal fishing, overfishing and overcapacity, according to UNCTAD, adding that their removal is a priority.
As 1 billion people depend on fish for protein every day, mitigating the loss of 33% of global fish stocks to overexploitation is an urgent task, according to experts at the first-ever UN Trade Forum in Geneva, Switzerland, on 10 September.
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https://safety4sea.com/ending-harmful-fisheries-subsidies-is-crucial-unctad-says/