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DG Okonjo-Iweala said: “I thank Bahrain for adding its support to WTO members' efforts to preserve global fish stocks and the livelihoods that depend on them. The submission of Bahrain's acceptance brings us a step closer to the entry into force of this historic Agreement that will benefit people, oceans and the planet. I encourage other governments to ratify the Agreement swiftly — only 14 more acceptances are needed for it to become part of the WTO framework!”

Ambassador Abdulla said: “The Kingdom of Bahrain is pleased to deposit its instrument of acceptance of the WTO Agreement on Fisheries Subsidies. This step reaffirms Bahrain’s support for the multilateral trading system and its continued engagement in international efforts to promote the sustainable use of marine resources.

As a country with a long-standing maritime heritage, Bahrain attaches particular importance to the preservation of ocean ecosystems and the fair governance of global fisheries. The ratification of this agreement is also aligned with the Kingdom’s broader commitment to sustainable development and economic diversification, as set out in Bahrain Economic Vision 2030.

We commend the collective efforts of WTO members in concluding this agreement and look forward to continued cooperation toward its entry into force and effective implementation.”

For the Agreement to enter into force, formal acceptances from two-thirds of WTO members are required — representing a total of 111 members. The full list of WTO members which have deposited their instruments of acceptance is available here.

At the WTO's 12th Ministerial Conference (MC12) held in Geneva in June 2022, ministers adopted by consensus the Agreement on Fisheries Subsidies,  setting new, binding, multilateral rules to curb harmful fisheries subsidies. The Agreement prohibits subsidies for illegal, unreported and unregulated fishing, for fishing overfished stocks, and for fishing on the unregulated high seas. Ministers also recognized the needs of developing economies and least-developed countries by establishing a fund to provide technical assistance and capacity-building to help  them implement the new obligations if they have formally accepted the Agreement.

WTO members also agreed at MC12 to continue negotiating on outstanding fisheries subsidies issues with a view to further strengthening the Agreement's disciplines.

Information for members on how to accept the Protocol of Amendment can be found here.