September 15, 2025|
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|3 months agoHistoric WTO Fisheries Deal Takes Effect with Swiss Support
Switzerland backs first-ever WTO environmental trade agreement targeting harmful fishing subsidies, marking milestone in sustainable ocean management.
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Generated IllustrationKey Takeaways
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- The WTO fisheries subsidies agreement has officially entered into force.
- This is the first WTO trade agreement explicitly linked to environmental protection.
- The agreement marks the first time a Sustainable Development Goal (SDG) has been fully achieved through a multilateral deal.
- A second phase of the agreement is currently under negotiation for the next ministerial meeting in March.
By The Numbers
$20 billion
Annual government spending on harmful fisheries subsidies
40%
Percentage of global fish stocks currently overfished
They Said
"A dream and a historic milestone."