Trade and Industry Secretary Alfredo E. Pascual said the Philippines is working on the ratification of the Fisheries Subsidies Agreement, which sets the rules to curb harmful subsidies in fisheries and prevent depletion of world’s fish stocks. Pascual conveyed this message during the Asia Pacific Economic Cooperation Ministers Responsible for Trade (APEC MRT) meeting eld from 25 to 26 May 2023 at Detroit, Michigan. The meeting was chaired by US Trade Representative (USTR) Ambassador Katherine Tai.

Cahiles-Magkilat, B. (2023, May 29). Philippines ratifies WTO's fisheries subsidies agreement - Pascual. Manila Bulletin, pp. B-1, B-4.