The views expressed in this article are those of the authors and do not necessarily reflect those of the Commonwealth SecretariaL 1 This Trade Hot Topic has been prepared based on a background paper prepared by Campling and Havice (20171 in March 2017 in which the last known submission to WTO members included In the analysis Is J08/RL/8 by Japan. Second, the proposals reintroduce discussion about 'capacity-enhancing subsidies', which had previously dropped out of discussions on the SDGs, the Trans-Pacific Partnership (TPP) and MC10, contributing to their narrowing of scope of the rules. The following summarises each of these proposals in turn. It focuses on prohibiting subsidies linked to overcapacity, including subsidies to enhance the capacity of existing vessels, for new vessel construction and for flag-based vessel transfers (EU, 2016). Subsidies to vessels engaged in illegal, unreported and unregulated (IUU) fishing (i.e. on flag-state and/or regional fisheries management organisation (RFMO) IUU lists) would also be prohibited.