Subsidies 'breach trade rules'
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09/12/1997
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Financial Times (London)
More than 90 per cent of the billions of dollars in subsidies granted to the world's fishing fleets are likely to be in violation of global trade rules, according to a report released by the World Wildlife Fund. Most of the subsidies are supporting fleets which are taking a dangerous toll on fish stocks around the world. Remote, unprotected fisheries off the coast of developing countries are being particularly hard hit.