WTO Talks: India Proposes Scrapping Subsidies for Fishing Only Outside Territorial Waters
SEAFOODNEWS.COM [Hindu Business Line] AMITI SEN - October 5, 2017
With a pact on disciplining fisheries subsidies one of the likely outcomes of the World Trade Organisation (WTO) Ministerial meeting in Buenos Aires in December, India has offered two oral proposals on over-fishing and flexibilities for developing countries to protect subsidies extended to subsistence and artisanal fishing in the country.
India, at a recent meeting on fisheries subsidies at the WTO, suggested that there might be no need for a carve-out benefiting small scale fishers in subsidies if members instead agreed to apply prohibitions only outside territorial waters except in cases of IUU (illegal, unreported, unregulated fishing). “New Delhi’s proposal generated a lot of interest from members including...
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