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General News of Sunday, 1 June 2025

    

Source: www.ghanawebbers.com

Parliament recommends ratification of WTO agreement on fisheries subsidies

The Committees on Food, Agriculture, and Cocoa Affairs and Trade, Industry, and Tourism have recommended that Ghana ratify the World Trade Organisation (WTO) Agreement on Fisheries Subsidies.

This recommendation aims to promote sustainable marine resource management. It also seeks to curb harmful fisheries subsidies. These subsidies contribute to overcapacity, overfishing, and Illegal, Unreported, and Unregulated (IUU) fishing.

Dr. Godfred Seidu Jasaw presented the report in Parliament on Friday. He is the Chairman of the Committee on Food, Agriculture, and Cocoa Affairs. He stated that ratifying the Agreement is a significant step against harmful fisheries subsidies.

He emphasized that this move shows Ghana’s commitment to global cooperation. It aligns with Ghana's roles as host of the African Continental Free Trade Area (AfCFTA) and as a founding member of the African Union (AU).

Dr. Jasaw noted several implications of ratification. These include enhancing measures against IUU fishing and improving data collection on fisheries indicators. The ratification would increase transparency among WTO members too.

It would also support global efforts for sustainable fisheries management. Additionally, it could benefit fair trade practices in domestic and international markets.

The report highlighted challenges for local fishing communities. Small-scale fishers rely on government support like subsidies for fuel and gear.

“There is a need for careful consideration of domestic implications,” the report stated. It called for measures to protect vulnerable fishing communities.

The Committee recommended that the Ministry of Fisheries finalize a new Fisheries Bill. This bill should incorporate provisions from the WTO Agreement on Fisheries Subsidies.

“The Committee will monitor the drafting of this legislation closely,” they said. They want to ensure it reflects Ghana’s commitments and socio-economic realities.

Some Members of Parliament discussed sustainable practices during the debate. They emphasized environmentally friendly methods and reducing plastic waste in fishing gear.

Mr. Habib Iddrisu raised concerns about potential effects on fishermen’s livelihoods while supporting mitigation plans.

Mr. Murtala Mohammed called for investment in infrastructure for fishing communities. He also stressed improving working conditions for officials in these areas.

Madam Emelia Arthur addressed Parliament regarding the WTO agreement's relevance to Ghana’s “yellow card” status from the European Union.

She explained that this agreement prohibits subsidies for vessels engaged in IUU fishing. The expected outcomes include improved sustainability and efficiency within Ghana's fishing industry.

“Potential outcomes will enhance measures against IUU fishing,” she said, highlighting economic benefits from fair trade practices as well as increased transparency among WTO members.