“The revisions I am putting forward are based on all our latest collective work, with all proposals, textual suggestions and discussions informing my thinking” the chair said. “The members' call for me to produce this kind of a revision was to put us in as good a position as possible for the clause-by-clause discussion, such that we can have a very focused discussion during the short time left before MC12.”

The revised draft text and the accompanying explanatory note from the chair are available here.

The Director-General told members she has been engaging with political leaders, including at the highest levels, to get their support for a successful conclusion to the 21-year-long negotiations.

“The eyes of the world are really on us,” she said. “Time is short and I believe that this text reflects a very important step toward a final outcome. I really see a significant rebalancing of the provisions, including those pertaining to special and differential treatment, while, at the same time, maintaining the level of ambition.”

Members are scheduled to hold daily meetings on the basis of the latest draft text, with the goal of providing ministers a clean draft before MC12.

Under the mandate from the WTO's 11th Ministerial Conference held in Buenos Aires in 2017 and the UN Sustainable Development Goal Target 14.6, negotiators have been given the task of securing agreement on disciplines to eliminate subsidies for illegal, unreported and unregulated fishing and to prohibit certain forms of fisheries subsidies that contribute to overcapacity and overfishing, with special and differential treatment being an integral part of the negotiations.