The NAMA negotiations involved reducing tariffs on all products not covered by the WTO’s “Agreement on Agriculture” – including manufactured products, minerals, lumber and notably fish and fish products. Led by the EU, US, Norway and New Zealand, trade ministers managed to get a level of agreement on reducing fishery tariffs – the questions remain of when and how much. NAMA reforms will pose severe threats to sustainable development by intensifying the exploitation of natural systems, upon which millions of people depend for survival. Among many negative side-effects, small fishing communities throughout the world will lose their livelihoods, natural environments will be destroyed and food safety standards will erode. These negotiations are placing a dollar symbol on every aspect of life that has not already been considered a commodity under WTO rules.