The WTO has reached a package agreement that will have positive impacts on various countries in the following aspects:
Implement subsidies for labor in overfished fish species on the high seas. In addition to the maritime areas under its own jurisdiction, every country also has some high seas areas. Fishermen from different countries fish for various fish every day. However, due to overfishing, some fish have become endangered. Therefore, in order to better protect the ecological environment, fishermen in these countries can be given corresponding subsidies to maintain their own economic operations and lives as long as they do not fish them and no longer operate in the high seas. If a country is caught in a disaster, it can also provide some disaster relief subsidies according to a package agreement.
In order to ensure the safety and freedom of grain trade, the package agreement also reached a number of agreements on food security issues, as well as world food plans, export bans, etc., and it is necessary to maintain the safety and freedom of grain trade in various countries. Free and open trade in food products enhances the resilience and flexibility of the global food market and ensures that some major agricultural producing countries have a sustainable and protective effect on the food exported to the world every year. This has many positive impacts on countries around the world and will no longer Let the country fall into. A more dangerous state such as food crisis or excessively high food prices.
The package agreement also cancels the patent on the new crown vaccine. The world is still in the midst of an epidemic. Many poor countries have fallen behind economically because they do not have a COVID-19 vaccine, and people's lives are miserable. After the patent for the COVID-19 vaccine is cancelled, more poor countries will get the COVID-19 vaccine to ensure the safety of their citizens. From this perspective, some African countries or poor countries such as Southeast Asia can enjoy the preferential effects and positive impacts of this policy.
In addition, the WTO package agreement has several other results, all of which have a very good impact on all countries. For example, humanitarian disaster donations must be provided and emergency measures must be taken to respond to the COVID-19 epidemic.