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WTO Agreement on Fisheries Subsidies
September 20 , 2025
14 hrs 0 min
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- The WTO (World Trade Organization) Agreement on Fisheries Subsidies is the first WTO deal focused on environmental sustainability, targeting harmful fishing subsidies.
- It entered into force after over two-thirds of WTO members, including Brazil, Kenya, Viet Nam, and Tonga, ratified it.
- The Agreement bans subsidies for illegal, unreported, and unregulated (IUU) fishing and fishing on overfished stocks or unregulated high seas.
- It aims to prevent overfishing, promote fair trade, and ensure food security for millions dependent on fisheries.
- Over 35% of global fish stocks are currently overfished, making this Agreement critical for marine resource protection.
- The Agreement was adopted at the WTO’s 12th Ministerial Conference in June 2022 in Geneva.
- WTO members are urged to ratify the Agreement before the 14th Ministerial Conference in March 2026 for full implementation.
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