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Fisheries Issues in WTO and ACPEU Trade Negotiations

image of Fisheries Issues in WTO and ACPEU Trade Negotiations
Three papers presented at a meeting of African, Caribbean and Pacific Fisheries and Trade experts in April 2003. The meeting’s primary concerns were the future of relations between the ACP and the EU, and preparing ACP countries for Economic Partnership Agreement negotiations.



The first paper, ‘The Future of European UnionACP Fisheries Relations’, looks at the increasingly complex ACP/EU relationship. The second, ‘WTO Fisheries Subsidies Negotiations: Implications for Fisheries Access Arrangements and Sustainable Management’, outlines a possible fisheries framework agreement. The third paper, ‘Elements of an ACPEU Framework Agreement on Fisheries Arrangements’, looks at the WTO fisheries subsidies negotiations, considers the impact they will have on developing countries and suggests riskmitigation strategies.

English

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Existing Economic Theory and Empirical Evidence on Subsidies

The question of fisheries depletion in open access fisheries has been studied for many decades by natural resource economists. What is in large measure agreed is that in the absence of property rights, fish stock depletion will occur in open access fisheries. It is also widely accepted that this will occur whether or not there are subsidies.

English

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