“It is very unlikely that the #EU will meet its 25% funding target by 2030. The reasons for this will need to be thoroughly examined.”

— Bettina Jakobsen, Member of @euauditors.bsky.social

🔗 Read the full report on EU #AidForTrade to least developed countries 👇
www.eca.europa.eu/en/publicati...

📢 New audit report by the @euauditors.bsky.social: the #EU is unlikely to meet its goal of directing 25% of #AidForTrade funding to the least developed countries by 2030.

🔗 Read the full report 👇
www.eca.europa.eu/en/publicati...

❓ How does the #EU support #trade in the world’s least developed countries? 🤔

📅 Stay tuned and find out the answer in our audit report out on 16 September at 17:00 CEST.

#AidForTrade #Angola #Cambodia #Malawi #Rwanda #EUauditors

Latin Americans back fish subsidies revision blocked at WTO conference They said the proposed changes “result in a more balanced, preferable and more viable text” and joined 28 others in pushing for a deal next month

Finally, all the gory details are here:

#WTO #FisheriesSubsidies #AidForTrade

tradebetablog.wordpress.com/2024/06/28/l...

WTO members are slow to ratify the Fisheries Subsidies Agreement It took 16 months to reach half-way, and almost two years to reach two thirds of the first target. Speaks volumes for governments’ commitment to sustainability

The aid for developing countries to apply the #WTO #FisheriesSubsidies disciplines cannot be given because the 2022 agreement is not operational yet.

Because still less than half (77) of WTO members (164) have ratified it. 110 are needed to activate it in the ratifying countries

#AidForTrade

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Worldwide push for sustainable fisheries highlighted at Aid for Trade Global Review The increasing level of development assistance to promote sustainable fisheries in developing economies, including through the implementation of the WTO Agreement on Fisheries Subsidies, demonstrates ...

#WTO #FisheriesSubsidies negotiations featured this week in #AidForTrade events, but apparently not because of any significant developments.

The Aid-for-Trade angle is the Fisheries Funding Mechanism to help developing countries implement the agreement.

But the aid cannot be given because …

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