India seeks strong WTO subsidy rules for high seas fishing

| | New Delhi
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India seeks strong WTO subsidy rules for high seas fishing

Monday, 16 December 2024 | PTI | New Delhi

India has pitched at the WTO for stricter regulations on subsidies granted by countries that are engaged in high seas fishing activities, an official said.

Highlighting the stark disparity, an Indian document submitted at the World Trade Organization (WTO) has noted that it provides a modest USD 35 per fisher annually, compared to subsidies as high as USD 76,000 per fisher per year in some European nations.

India also suggested that historical subsidisers should seek permission of the Committee on Fisheries Subsidies for grant of subsidies in future.

The country has made these remarks in the meetings of the Negotiating Group on Rules (Fisheries subsidies), which are going on in Geneva.

 “India has pitched for strong disciplines for historical fisheries subsidisers which are engaged in distant water fishing (200 nautical miles from sea shore) and has asked for a moratorium on subsidies at the present level for 25 years,” the official said.

On these demands, India was supported by countries like Indonesia and other developing countries, the official added.

“Blaming India for stalling the decision at the GC (General Council) is merely an excuse and a tactic to push for weak disciplines, allowing business as usual to continue,” the official said adding WTO members engaged in distant water fishing should stop providing any kind of subsidies for 25 years as they provide significantly higher support measures and are indiscriminately exploiting the fisheries resources.

The General Council is the WTO’s highest-level decision-making body in Geneva, meeting regularly to carry out the functions of the WTO.

 It has representatives (usually ambassadors or equivalent) from all member governments and has the authority to act on behalf of the Ministerial Conference.

India has also called for adopting a ‘per capita distribution of subsidies’ criteria to address concerns over overfishing and capacity under the WTO framework, according to the document.

 

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