Lip Ripper Lip Ripper is the name one callous fisherman gave to his boat and reflects somewhat the attitude of some developing countries. The WTO will launch negotiations on disciplines over fishery subsidies this fall but the parties at this juncture are very far apart. A large majority of developing countries want to apply special and differential treatment, allowing them greater use of subsidies and per capita fish catches on the basis that they are poor. Unfortunately, depleting species of fish don’t seem to care whether the slayer is from a rich or poor country, they are going to die either way from excess exploitation. If the intellectual argument for everyone needing to better manage fisheries cannot be won in the WTO, than it...

TAGS – China, North America