Efforts deployed by 27 WTO Members (the so-called Friends of Fish) and African, Caribbean and Pacific group of countries was not successful to introduce some minimum transparency and notification standards and to discipline certain forms of subsidies that contribute to overfishing and overcapacity. We do, however, have a number of pointers for the future. It is clear that the world in 2035 will look very different from today. There are three very significant global trends that we cannot ignore.