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Hopes Rise Global Trade Deal Can Avert Fish Crisis

Hopes Rise Global Trade Deal Can Avert Fish Crisis SWITZERLAND: April 11, 2008 GENEVA - Negotiations on fisheries rules within a global trade deal have reached broad agreement that certain subsidies promoting overfishing should be banned, the chairman of the talks said on Thursday. And progress in the talks, part of the long-running Doha round, suggest the World Trade Organisation (WTO) could play a key role in averting an environmental crisis, Uruguay's WTO ambassador Guillermo Valles Galmes told Reuters.