   
  
TN/RL/GEN/203  
 
4 November  2019 
(19-7459) Page: 1/1 
Negotiating Group on Rules  Original: English  
 
INITIAL TEXT TO INCO RPORATE THE CAP APPR OACH  
TO ADDRESS CERTAIN F ISHERIES SUBSIDIES  
Submission of Argentina, Australia, the United States and Uruguay  
The following communication, dated 4 November  2019, is being circulated at the request of the 
delegation s of Argentina, Australia, the United States and Uruguay . 
 
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The following text is being submitted by the delegations of Argentina, Australia, the United States 
and Uruguay to illustrate  how subsidy caps (TN/RL/GEN/197/Rev.2) could be reflected in an 
Agreement, and would be complementary, i.e., additional, to strong prohibitions.  
1. No Member shall grant or maintain subsidies within the meaning of Article 1.1 of the 
SCM Agreement that are sp ecific within the meaning of Article 2 of the SCM Agreement [for fishing 
or fishing related activities] in excess of the monetary commitment level specified for the Member 
in its Schedule.  
2. Notwithstanding paragraph 1, a Member shall neither grant nor maint ain any of the following 
subsidies within the meaning of Article 1.1 of the SCM Agreement that are specific within the 
meaning of Article 2 of the SCM Agreement:  
(a) [Prohibition on subsidies that support IUU fishing];  
(b) [Prohibition on subsidies that negatively  affect overfished stocks];  
(c) [Prohibition on subsidies contingent on fishing beyond national jurisdiction ]; and 
(d) [Other prohibitions  as agreed ]. 
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