Released by the Ministry of Commerce! China officially accepts the Fisheries Subsidy Agreement | World Trade Organization | Ministry of Commerce
According to the website of the Ministry of Commerce, on June 27th, Chinese Minister of Commerce Wang Wentao submitted China's acceptance of the Protocol to the WTO Fisheries Subsidies Agreement to WTO Director General Ivela, marking the completion of China's domestic legal process for accepting the Fisheries Subsidies Agreement.
The Fisheries Subsidies Agreement is the first agreement of the World Trade Organization aimed primarily at achieving environmental sustainable development goals, reached at the 12th Ministerial Conference of the World Trade Organization on June 17, 2022. According to the provisions of the Marrakech Agreement Establishing the World Trade Organization, the Fisheries Subsidies Agreement will officially come into effect after being accepted by more than two-thirds of WTO members.
![Released by the Ministry of Commerce! China officially accepts the Fisheries Subsidy Agreement | World Trade Organization | Ministry of Commerce](https://a5qu.com/upload/images/f472868da09c460d3eecfa0a91a35536.jpg)
Screenshot of the website of the Ministry of Commerce