
Ghana Docks Historic Agreement, Formally Accepts WTO Fisheries Subsidies Pact
Geneva, Switzerland – July 2, 2025 – In a significant move towards sustainable ocean management and fair global trade, Ghana has officially deposited its instrument of acceptance for the World Trade Organization’s (WTO) Agreement on Fisheries Subsidies. The announcement, made on July 2, 2025, marks a pivotal moment in the country’s commitment to combating illegal, unreported, and unregulated (IUU) fishing and promoting responsible fishing practices worldwide.
The landmark Agreement, adopted in June 2022, aims to curb subsidies that contribute to overfishing and IUU fishing, thereby fostering a more sustainable and equitable global fisheries sector. Ghana’s formal acceptance signifies its dedication to implementing the Agreement’s provisions, which include prohibitions on subsidies for vessels engaged in IUU fishing and for overfished stocks.
This development underscores Ghana’s proactive stance in addressing the critical challenges facing the world’s marine resources. As a nation with a substantial coastline and a vital fishing industry, Ghana recognizes the intrinsic link between healthy fish stocks, economic prosperity, and environmental stewardship. By embracing this international agreement, Ghana is aligning itself with global efforts to protect marine biodiversity, ensure food security for its citizens, and create a level playing field for responsible fishing operations.
The WTO’s announcement highlights the collaborative spirit that has characterized the negotiation and ratification of this crucial agreement. Ghana’s acceptance, following that of numerous other WTO members, demonstrates a shared vision for a future where fishing is conducted sustainably and without contributing to the depletion of vital fish populations.
The Agreement on Fisheries Subsidies represents a significant achievement for multilateral trade and environmental cooperation. Its provisions are designed to prevent subsidies from exacerbating overcapacity in fishing fleets and from encouraging fishing in areas where stocks are already depleted. Furthermore, the Agreement includes provisions for technical assistance and capacity building to help developing countries and least-developed countries implement their obligations.
Ghana’s participation is particularly noteworthy. The nation’s fishing sector plays a crucial role in its economy, providing livelihoods for thousands of individuals and contributing to national food security. By formally accepting the Agreement, Ghana is demonstrating leadership in ensuring the long-term viability of its own fisheries while also contributing to the health of the global ocean.
The WTO secretariat has expressed its appreciation for Ghana’s commitment. This ratification by Ghana is seen as a strong signal of commitment from African nations to the principles of sustainable development and responsible resource management. It is anticipated that Ghana’s action will encourage further ratifications and contribute to the robust implementation of the Agreement.
As the global community continues to grapple with the impacts of climate change and the increasing pressures on marine ecosystems, Ghana’s formal acceptance of the WTO Agreement on Fisheries Subsidies serves as an inspiring example of national commitment to international cooperation for a more sustainable and prosperous future for all.
Ghana formally accepts WTO Agreement on Fisheries Subsidies
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WTO published ‘Ghana formally accepts WTO Agreement on Fisheries Subsidies’ at 2025-07-02 17:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.