India made a strong case at the WTO meeting in Abu Dhabi, calling for a 25-year moratorium on subsidies for distant water fishing. The country highlighted the detrimental effects of such subsidies on sustainable fishing practices and marine resource management.
At the World Trade Organization (WTO) meeting in Abu Dhabi on Tuesday, India called for a moratorium of at least 25 years on subsidies for distant water fishing, emphasizing the harmful effects of such support measures on sustainable fishing.

Sustainable Fishing Practices and Livelihood Concerns
India highlighted that domestic fishermen in the country adhere to sustainable fishing practices, and any agreement on fisheries subsidies should prioritize the interests and welfare of fishing communities that rely on marine resources for their livelihood and sustenance.
Moratorium on Subsidies for Distant Water Fishing Nations
India urged WTO members to introduce a moratorium on subsidies provided by Distant Water Fishing Nations for fishing or fishing-related activities beyond their exclusive economic zones (EEZs) for a period of at least 25 years.
Harmful Effects of Subsidies on Sustainable Fishing
India emphasized the need to recognize the detrimental impact of subsidies for large-scale fishing on sustainable fishing and the management of marine resources.
Balancing Subsidies and Sustainable Development
While acknowledging the potential negative consequences of subsidies in the fisheries sector, India also stressed the importance of subsidies for developing countries and small economies to develop and diversify their fisheries sector, ensuring food security and livelihood security for their fishermen.
WTO Negotiations on Fisheries Subsidies
The issue of fisheries subsidies is being negotiated at the WTO meeting as members aim to reach an agreement on disciplining subsidies that contribute to overfishing and overcapacity. In 2022, WTO members finalized a pact to eliminate subsidies for illegal, unreported, and unregulated fishing activities.
Principles of Common But Differentiated Responsibilities and Special and Differential Treatment
India emphasized that any comprehensive agreement on fisheries subsidies should be based on the principles of Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC) and should incorporate the provisions of Special and Differential Treatment (S&DT) appropriately, as is the case for all WTO agreements.
Critique of Current Approaches to Overcapacity and Overfishing
India expressed concerns about the current approaches for addressing Over Capacity and Over Fishing (OCOF), describing them as deeply flawed.
Distant Water Fishing and Subsidies by Developed Countries
India highlighted that countries like Norway, China, Japan, and the United States engage in distant water fishing and provide substantial subsidies to their fishing communities.
India's stance at the WTO meeting reflects its commitment to sustainable fishing practices, the welfare of fishing communities, and the need for balanced approaches to fisheries subsidies that consider the interests of developing countries and small economies.
More From GoodReturns

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis

Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why

Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?



Click it and Unblock the Notifications