Macao Becomes 44th WTO Member to Accept Fisheries Deal
Macao, China, formally submitted its instrument of acceptance on the Agreement on Fisheries Subsidies, making it the 44th World Trade Organization member to accept the deal, the World Trade Organization announced on Oct. 19. With Macao's announcement, the WTO is…
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now 40% of its way to the two-thirds majority needed for the deal to come into effect. “Macao, China's support for curbing harmful subsidies in the fisheries sector underscores its dedication to preserving our oceans and marine life, crucial for global food security and environmental stability," WTO Director-General Ngozi Okonjo-Iweala said.