Report of the Expert Consultation on Identifying, Assessing and Reporting on Subsidies in the Fishing Industry - Rome, 3-6 December 2002


FAO Fisheries Report No. 698

FIPP/R698(En)


FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS
Rome, 2003





Table of Contents


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© FAO 2003


Table of Contents


PREPARATION OF THIS DOCUMENT

ABSTRACT

INTRODUCTION

OPENING OF THE CONSULTATION

ELECTION OF CHAIRPERSON

ADOPTION OF THE AGENDA AND TIMETABLE

BACKGROUND AND PREPARATIONS

REVIEW OF “GUIDE FOR IDENTIFYING, ASSESSING AND REPORTING ON SUBSIDIES IN THE FISHERIES SECTOR”

COMPARING THE MAGNITUDE AND THE EFFECTS OF SUBSIDIES IN THE FISHERIES SECTOR

CONCLUSIONS AND RECOMMENDATIONS

ADOPTION OF THE REPORT

APPENDIXES

A. Agenda
B. List of Documents
C. List of Participants
D. Opening Statement by Mr Ichiro Nomura, Assistant Director-General FAO Fisheries Department
E. Draft Guide for Identifying, Assessing and Reporting on Subsidies in the Fisheries Sector (by Lena Westlund FAO Consultant)

ABBREVIATIONS
1. A FISHERIES SUBSIDIES GUIDE
2. HOW TO USE THE GUIDE
3. PLANNING AND PREPARING FOR A FISHERIES SUBSIDIES STUDY
4. WHAT IS A FISHERIES SUBSIDY?

4.1. A definition of fisheries subsidies
4.2. The context
4.3. The macro-economic framework and the fisheries sector
4.4. Where and how to find the information
4.5. Identifying fisheries subsidies - a first list

5. DIFFERENT CATEGORIES OF SUBSIDIES

5.1. Four categories of fisheries subsidies
5.2. Category 1: Direct financial transfers
5.3. Category 2: Services and indirect financial transfers
5.4. Category 3: Interventions with different short and long-term effects
5.5. Category 4: Lack of intervention

6. ASSESSING SUBSIDIES

6.1. Government cost and industry value - some principles
6.2. Assessing different types of subsidies

6.2.1. Presentation of subsidy examples
6.2.2. Investment grants
6.2.3. Vessel decommissioning programmes
6.2.4. Equity infusions
6.2.5. Income support and unemployment insurance programmes
6.2.6. Price support
6.2.7. Export incentives and other market interventions
6.2.8. Import quotas, tariffs and other border measures
6.2.9. Fuel tax exemptions
6.2.10. Investment tax credits and deferred tax programmes
6.2.11. Favourable loans and loan guarantees
6.2.12. Special insurance schemes for vessels and equipment
6.2.13. Training and extension
6.2.14. Inspection and certification services
6.2.15. Fishing port facilities and other infrastructure
6.2.16. Payments to foreign governments to secure access to fishing grounds
6.2.17. Government research and development (R & D)
6.2.18. Fisheries management and environmental protection programmes
6.2.19. Free or below market price access to fishing grounds
6.2.20. Lack of pollution control
6.2.21. Lack of implementation of existing regulations

6.3. Identifying and assessing subsidies - some remarks with regard to categories 3 and 4 and longer-term impact

7. COSTS AND EARNINGS ANALYSIS - THE IMPACT ON INDUSTRY PROFITS

7.1. The profit and loss account and the classification matrix
7.2. Information requirements
7.3. Income statement with and without fisheries subsidies

8. COMPARATIVE ANALYSIS

8.1. Relative importance of costs and values
8.2. Financial ratios

9. WHAT TO INCLUDE IN A SUBSIDY DESCRIPTION
10. REPORTING ON SUBSIDIES

10.1. The study report
10.2. Summary of the Guide

BIBLIOGRAPHY
APPENDIXES

Appendix I: Glossary
Appendix II: Other subsidy classifications
Appendix III: More examples of possible subsidies of different categories

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