China, the world's leading marine fishing producer, officially accepted the WTO Agreement on Fisheries Subsidies on June 27. The Agreement aims to promote marine sustainability by curbing harmful fishing subsidies.
China is responsible for nearly 40 percent of the world's fishing and aquaculture. The WTO Director-General, Ngozi Okonjo-Iweala, received the instrument of acceptance from China's Commerce Minister, Wang Wentao. "China's support is crucial for the Agreement's success," said Okonjo-Iweala.
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