Cameroon has formally accepted the World Trade Organization (WTO) Agreement on Fisheries Subsidies. This step was highlighted by Director-General Okonjo-Iweala, who noted its importance in promoting sustainable fishing practices and protecting ocean resources. Cameroon will host the WTO’s 14th Ministerial Conference in 2026.
Director-General Okonjo-Iweala stated, “I warmly welcome Cameroon’s formal acceptance of the WTO Agreement on Fisheries Subsidies, a critical step toward protecting our oceans and ensuring sustainable fishing practices. As the proud host of the WTO’s 14th Ministerial Conference in 2026, Cameroon is demonstrating leadership in advancing global trade and environmental sustainability. This agreement is especially vital for artisanal fishers in Cameroon and around the world, safeguarding their livelihoods by curbing harmful subsidies and preserving marine ecosystems for future generations.”
Ambassador Eheth also commented on Cameroon's commitment to the multilateral trading system and environmental preservation: “By ratifying the Agreement on Fisheries Subsidies, adopted at the 12th Ministerial Conference of the World Trade Organization, the Head of State of Cameroon, H.E. Mr Paul Biya, and the Government of the Republic reaffirm my country's commitment to contributing to the development of the multilateral trading system, the economic prosperity of all nations, and, most importantly, the sustainable preservation of its maritime resources, particularly fisheries.”
He further remarked on governance and development strategies: “This decision is also a compelling testament to governance that is both relevant and geared towards the protection of the environment in all its forms while remaining committed to developing the maritime fisheries sector. This initiative, which aligns with Cameroon's National Development Strategy (NDS-30), further stands as a strong symbol of the country's commitment to hosting a successful Ministerial Conference (MC14) in 2026,” he said.
With Cameroon's acceptance, there are now 88 WTO members that have formally accepted this agreement. An additional twenty-three acceptances are required for it to take effect. The agreement will become active upon acceptance by two-thirds of WTO members.
The agreement was adopted at WTO's 12th Ministerial Conference held in Geneva from June 12-17, 2022. It establishes new rules aimed at reducing harmful subsidies that contribute to fish stock depletion globally. It also addresses needs specific to developing economies by establishing a fund for technical assistance and capacity building.
Provisions within this agreement prohibit subsidies related to illegal fishing activities as well as those concerning overfished stocks or unregulated high seas operations. Continued negotiations are planned for unresolved issues with an aim to enhance these disciplines further.
For more information about accessing related documents or lists concerning this agreement's acceptances or protocol amendments can be found online.