On June 27, China’s Ministry of Commerce submitted to the World Trade Organization (WTO) China’s letter of acceptance of the WTO Protocol to the Fishery Subsidies Agreement, marking that China has completed the domestic legal procedures for accepting the Fishery Subsidies Agreement.
The Fisheries Subsidies Agreement is the WTO’s first agreement aimed primarily at achieving environmental Sustainable development goals and was concluded at the WTO’s 12th Ministerial Conference (MC12) in June 2022. According to the provisions of the Marrakesh Agreement establishing the World Trade Organization, the agreement will enter into force after more than two-thirds of WTO members have accepted it.
The Fisheries Subsidies Agreement aims to set new rules for global fisheries, limiting government subsidies that are depleting the world’s fish stocks. Analysts believe that the implementation of the agreement will contribute to the sustainable development of global fisheries, and will also promote the development of China’s fisheries in a greener and more efficient direction.
China on Tuesday joined the United States and the European Union in a small group of countries that have formally accepted the WTO’s Fisheries Subsidies Agreement. Wto Director-General Jose Iweala received the document from Chinese Commerce Minister Wang Wentao at a meeting in Tianjin, China.
According to the United Nations Food and Agriculture Organization, China has the largest fishing fleet in the world. “China’s support for the implementation of the Fisheries Subsidies Agreement is critical to multilateral efforts to protect oceans, food security and fishermen’s livelihoods,” Iweala told the meeting, according to the WTO communique.
The Fisheries Subsidies Agreement, which prohibits some forms of subsidies for fishing activities that threaten global fish stocks, is the first WTO agreement aimed primarily at achieving environmentally sustainable development goals. The agreement will enter into force after being accepted by more than two-thirds of WTO members.
The Fisheries Subsidies Agreement aims to set new rules for global fisheries, limiting government subsidies that are depleting the world’s fish stocks. Analysts believe that the implementation of the agreement will contribute to the sustainable development of global fisheries, and will also promote the development of China’s fisheries in a greener and more efficient direction.
Protecting the Marine environment and helping the sustainable development of global fisheries cannot be achieved without high-quality fishing gear, such as the 1000w fishing lights now used by Vietnamese fishermen and Myanmar fishermen, and the high-quality PHILOONG brand fishing lights, which maintain a fishing light efficiency of more than 75% after 3,000 hours of use. And other brands of fishing lights, light efficiency retention rate is very poor. At 3000H, only a faint brightness remains. As a result, fishermen had to replace new fishing lights again. And these damaged fishing lights, many fishermen friends are discarded in the sea. Leading to the pollution of the Marine environment.
Fishermen in Malaysia and the Philippines use 3000w Fishing light on boat, 4000w green squid light, Professional Fishing lamp factory for PHILOONG, Product replacement rates are down 50% compared to other brands.
High-quality fishing lights contribute to the sustainable development of global fisheries, and will also promote the development of China’s fisheries in a greener and more efficient direction.
Post time: Jun-29-2023