Published On: Sat, Jan 21st, 2023

Switzerland is first WTO member to formally accept new Agreement on Fisheries Subsidies



On 20 January, Switzerland became the first WTO member to formally submit its acceptance of the WTO’s new Agreement on Fisheries Subsidies, paving the way for the historic agreement for ocean sustainability to enter into force. Swiss Minister Guy Parmelin, Head of the Federal Department of Economic Affairs, Education and Research, presented his country’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala at the informal WTO ministerial meeting held on the side lines of the World Economic Forum’s annual meeting in Davos, Switzerland.



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