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The report analyzes how proposed WTO rules to prohibit subsidies for illegal, unreported, and unregulated (IUU) fishing, overcapacity, and overfishing would affect shrimp fisheries in Latin America. It highlights that fuel subsidies are the most common form of support, primarily benefiting the industrial sector. The document argues that while subsidy reform is crucial for ecological sustainability and economic efficiency, it must be accompanied by broader fisheries management policies and gradual implementation to protect vulnerable communities.