Seychelles Accepts WTO Fisheries Deal

Seychelles adopted the World Trade Organization Agreement on Fisheries Subsidies, making it the third country and first African nation to accept the deal. To take effect, the agreement requires adoption by two-thirds of WTO members. "Healthier seas and oceans are vital for the prosperity and resilience of Seychelles' fisheries and tourism industries. Seychelles' formal acceptance also signals the importance of the Agreement to Africa. I am hopeful this will pave the way for others in the region to follow suit," WTO Director-General Ngozi Okonjo-Iweala said March 10.