OECD deal on hold

Agreement on ending world shipbuilding subsidies is no nearer. The US has told the OECD that while it wants to secure Congress agreement for the appropriate legislation, it will only be able to `report more definitely’ on progress in the next two to three months.

Agreement on ending world shipbuilding subsidies is no nearer. The US has told the OECD that while it wants to secure Congress agreement for the appropriate legislation, it will only be able to `report more definitely’ on progress in the next two to three months.