A/RES/64/72 Action for the Management of Fishing Capacity, as provided for in paragraph 48 of the Plan of Action; 76. Notes that the second joint meeting of the five regional fisheries management organizations with competence to regulate highly migratory species, held in San Sebastian, Spain, from 29 June to 3 July 2009, agreed, in its Course of Actions, that global fishing capacity for tunas had to be addressed urgently and, inter alia, in a way which recognized the legitimate rights of developing States, in particular small island developing States, to participate in and benefit from such fisheries; 77. Encourages those States which are cooperating to establish subregional and regional fisheries management organizations and arrangements, taking into account the best scientific information available as well as the precautionary approach, to exercise voluntary restraint of fishing effort levels in those areas that will come under the regulation of the future organizations and arrangements until adequate regional conservation and management measures are adopted and implemented, taking into account the need to ensure the long-term conservation, management and sustainable use of the relevant fish stocks and to prevent significant adverse impacts on vulnerable marine ecosystems; 78. Urges States to eliminate subsidies that contribute to overfishing and overcapacity and to illegal, unreported and unregulated fishing, including through completion of World Trade Organization negotiations on fisheries subsidies in accordance with the 2001 Doha Ministerial Declaration 17 and the 2005 Hong Kong Ministerial Declaration 18 to strengthen disciplines on fisheries subsidies, taking into account the importance of the fisheries sector, including small-scale and artisanal fisheries, to developing countries; 16F 17F VII Large-scale pelagic drift-net fishing 79. Reaffirms the importance it attaches to continued compliance with its resolution 46/215 and other subsequent resolutions on large-scale pelagic drift-net fishing, and urges States and entities referred to in the Convention and in article 1, paragraph 2 (b), of the Agreement to enforce fully the measures recommended in those resolutions in order to eliminate the use of large-scale pelagic drift nets in all seas and oceans, which means that efforts to implement resolution 46/215 should not result in the transfer to other parts of the world of drift nets that contravene the resolution; VIII Fisheries by-catch and discards 80. Urges States, subregional and regional fisheries management organizations and arrangements and other relevant international organizations that have not done so to take action, including with consideration of the interests of developing coastal States and, as appropriate, subsistence fishing communities, to reduce or eliminate by-catch, catch by lost or abandoned gear, fish discards and post-harvest losses, including juvenile fish, consistent with international law and relevant international instruments, including the Code, and in particular to consider _______________ 17 18 A/C.2/56/7, annex. World Trade Organization, document WT/MIN(05)/DEC. Available from http://docsonline.wto.org. 15