Story perspectives
WTO Agreement Targets $22 Billion in Overfishing Subsidies
9/16/2025
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Story summary
- A WTO agreement to combat overfishing took effect on September 15, 2025, after ratification by over two-thirds of members.
- It prohibits subsidies for illegal and deep-sea fishing, targeting $22 billion in annual subsidies.
- Major subsidy providers include China, the EU, the US, South Korea, and Japan; India and Indonesia have not ratified.
- WTO Director-General Ngozi Okonjo-Iweala highlighted its significance for environmental sustainability.
- Advocacy groups urge further measures to prevent fish population decline and protect livelihoods.
