RIO DE JANEIRO, BRAZIL - The Brazilian ministries of Foreign Affairs and Agriculture issued a joint note about the participation of Brazil in the meeting of the World Trade Organization (WTO) that ended, once again, without an agreement to reduce fishing subsidies. According to the text, the country defended urgency in the restriction of subsidies.
The Brazilian government explains that it "reaffirmed its commitment to the conclusion of the agreement and reiterated its proposal to effectively reduce the global amount of subsidies and eliminate the most environmentally harmful subsidies."
The note says that subsidies are primarily responsible for the deterioration of . . .