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Regulation of Fisheries Subsidies in the WTO Law and EAEU

Student: Ponedelnik Irina

Supervisor: Daria Boklan

Faculty: Faculty of Law

Educational Programme: Law of International Trade, Finance and Economic Integration (Master)

Year of Graduation: 2018

According to UNCTAD, approximately US$20 billion are estimated to subsidies that contribute to overcapacity and overfishing. In order to eliminate such subsidies, WTO members in the Doha Round are negotiating to improve trade rules for fishing subsidies, including the prohibition certain forms of fisheries subsidies that contribute to overcapacity and overfishing. The purpose of the research is to analyze the international legal problems of cooperation in fisheries management; international law and «soft» law related to fishery management; WTO activities, regional economic organizations and the Russian Federation to combat subsidies contributing to overcapacity and overfishing. The principle of sustainable use of marine living resources is justified in the research as one of the key international legal principles for fisheries management. There is system of international law related to cooperation for the conservation and rational use of oceans, seas and marine resources. WTO Members continue to work on an agreement to implement SDG No.14.6, with a view to prohibite certain forms of fisheries subsidies that contribute to overcapacity and overfishing. Fisheries subsidies has not been reflected in the EAEU norms, and the achievement of SDG No.14 is not included in the priority direction of the development and activities of the EAEC.

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