The World Trade Organisation's 12th Ministerial Conference could ratify the agreement which has a focus on unregulated fishing, which is common among Pacific island nations.
Pacific Network on Globalisation (PANG) campaigner Adam Wolfenden said from Geneva that the proposed WTO agreement, which targets illegal, unreported and unregulated (IUU) fishing subsidies has also conveniently failed to address those most responsible for the problem - the bigger countries that have contributed to overfishing and declining global fish stocks.
The WTO proposed agreement aims to restrict fishing subsidies, a major contributor to overfishing with some exceptions for developing countries and least developed countries who depend on fish export earnings.
This mandate was given to the WTO by leaders through the Sustainable Development Goal (SDG) 14.6.
However, Wolfenden said the WTO was on track to fail that mandate due to changes in the text of the agreement.
"Those most responsible for overfishing and over-subsidisation are not being held accountable within the text of the agreement," Wolfenden said.
"There is no specific recognition of historical responsibility for the global state of fisheries stocks, and no attempts to assign actions accordingly to those people who created these problems."