WTO Fisheries Subsidies Agreement Could Affect U.S. Aquaculture

U.S. aquaculture may gain competitive ground as harmful subsidies are phased out abroad, but producers should monitor shifts in import supply chains and trade enforcement closely.

Two men on a fishing boat, catching many fish at the mouth of the Bangpakong River in Chachengsao Province, east of Thailand_ Photo by 9kwan via AdobeStock_126540259.png

Two men on a fishing boat, catching many fish at the mouth of the Bangpakong River in Chachengsao Province, east of Thailand.

GENEVA, SWITZERLAND (RFD-TV) — The World Trade Organization (WTO) Agreement on Fisheries Subsidies has officially entered into force after receiving ratification from more than two-thirds of its members, including the United States.

WTO leaders said the pact is the first multilateral trade deal focused directly on sustainability, aimed at curbing practices that deplete fish populations and distort global markets. The agreement bans subsidies that support illegal, unreported, and unregulated fishing, as well as subsidies for fishing on overfished stocks or in unregulated high seas.

For U.S. aquaculture and seafood producers, the new rules could level the playing field by reducing competition from countries that previously subsidized harmful fishing activities.

The agreement also introduces stronger transparency requirements, allowing nations to challenge unfair subsidy programs more easily. While benefits may flow to domestic producers, the shift could also affect wild-caught fisheries that supply U.S. processors, potentially influencing costs and availability.

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Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.