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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.