Core Points - The WTO Fisheries Subsidies Agreement has officially come into effect, marking a significant milestone in global governance and multilateral trade systems [1][3] - The agreement aims to eliminate harmful fishing subsidies and promote sustainable fishing practices, addressing global challenges in fisheries management [3][4] Group 1: Agreement Overview - The Fisheries Subsidies Agreement was passed in June 2022 after 21 years of negotiations, making it the longest-negotiated agreement in WTO history and the second new multilateral agreement in 30 years [3][4] - The agreement is designed to achieve environmental sustainability goals and aligns with the United Nations' 2030 Sustainable Development Goals [3][4] Group 2: Key Provisions - The agreement mandates the elimination of illegal, unreported, and unregulated (IUU) fishing subsidies, as well as subsidies for overfished species and unregulated high seas fishing [4][5] - It incorporates elements of fisheries enforcement, resource sustainability assessment, policy transparency, and international cooperation [4] Group 3: Impact and Implementation - The implementation of the agreement is expected to enhance the management of fisheries subsidies, improve fish population recovery, and promote global marine sustainability [5] - China has been proactive in this initiative, being the first major WTO member to complete the ratification process, demonstrating its commitment to sustainable fisheries management [4][5]
WTO《渔业补贴协定》正式生效,中国是率先完成批约程序主要成员
Di Yi Cai Jing·2025-09-15 23:08