DRAFT TEXT ON FISHERIES SUBSIDIES: THE SURPRISING EXPRESSION "NOT PROHIBITED SUBSIDIES"
It is interesting to note that – in contrast to the SCM Agreement’s distinction between the set of ‘prohibited’ subsidies on the one hand, and the set of ‘non-actionable’ and ‘actionable’ subsidies on the other – the draft text on fisheries subsidies uses only the concepts of ‘prohibited’ and ‘not prohibited’