• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, May 18, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

WTO fisheries subsidies: Certain developing nations seek complete exemptions for poor fishermen

Press Trust of india by Press Trust of india
November 23, 2020
in BUSINESS
A A
0
WTO fisheries subsidies: Certain developing nations seek complete exemptions for poor fishermen
FacebookTwitterWhatsapp

New Delhi:  Certain developing countries including India are seeking complete exemptions from rules, being negotiated currently in WTO to discipline fisheries subsidies, on unregulated and unreported fishing activities being carried out by poor fishermen within the territorial water regions, according to sources.

These countries have also sought more time to implement the norms or disciplines, which would be finalised after complete negotiations, on the prohibition of subsidies for fishing activities in Exclusive Economic Zones (EEZs), they said.

More News

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Govt imposes import curbs on silver

Load More

One of the sources added that these WTO (World Trade Organisations) member nations are ready to implement these disciplines for fishing activities in high seas and for illegal fishing activities.

The objective of the ongoing negotiations by WTO member countries is to discipline subsidies and the overall objective is to have sustainable fishing and to curb IUU (illegal, unreported and unregulated) fishing.

India has maintained that countries that have provided huge subsidies for unsustainable fishing should first take the responsibility of significantly cutting down those harmful support measures which are leading to overfishing.

Sources said that WTO rules should not burden poor fishermen who are making their livelihoods from the sector and catch fish in the territorial waters (12 nautical miles from the sea shore).

“The objectives of the negotiations are sustainable fishing. The prohibitions on subsidies which would be finalised after negotiations should not be implemented for unregulated and unreported fishing in territorial waters.

“More time should be given to developing countries and least developed countries (LDCs) to implement the norms in EEZs. It could be implemented without any hassle for fishing in high seas and illegal fishing activities,” sources added.

The ongoing negotiations are based on three pillars  – prohibition of subsidies on IUU; prohibition of subsidies on overfished stocks; and prohibition of subsidies on over-capacity and over-fishing.

Further India has time and again stated that WTO negotiations on ending harmful fisheries subsidies cannot be concluded without providing carve outs for small and subsistence fishermen from developing countries.

Recently in a meeting on November 20, India stated that special and differential treatment (S and DT) is required to have a policy space for the future and to develop its fisheries sector.

“In the name of sustainable fishing, the unnecessary burden should not be imposed on developing countries and LDCs who provide minuscule or do not provide any subsidies for fishing. There is no merit in comparing millions of subsidies given in the past or being given presently for industrial fishing with minuscule subsidies of few dollars given for sustenance of livelihood and food security to our small fishermen and women,” India has said.

Developed countries are pushing for these prohibitions on subsidies. Unlike rich nations which provide billions of dollars of subsidies to their fishermen, India’s subsidy amounts to only about Rs 770 crore. The government provides subsidies on things like fuel and boats.

Unlike India, fishing communities of developed countries use highly mechanised boats for fishing, which are called mother boats wherein they have processing units also.

Developed countries want to intensify negotiations on fisheries subsidies so that the talks can be concluded by next month, which looks unlikely due to COVID-19 pandemic.

The sector provides livelihood to about 16 million Indian fishermen and fish farmers at the primary level and about twice the number along the value chain.

The share of fisheries sector in the total GDP (at current prices) increased from 0.40 per cent in 1950-51 to 1.03 per cent in 2017-18.

Previous Post

Jammu fencer makes into Aurangabad Centre of Excellence

Next Post

SKUAST-Jammu organizes Farmers’ Awareness Meet

Press Trust of india

Press Trust of india

Related Posts

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Nation responds to PM’s call for fuel conservation
May 18, 2026

Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...

Read moreDetails

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
May 18, 2026

New Delhi:  ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...

Read moreDetails

Govt imposes import curbs on silver

Govt imposes import curbs on silver
May 17, 2026

New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...

Read moreDetails

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore
May 17, 2026

New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...

Read moreDetails

India, UAE sign energy, defence pacts during PM Modi’s visit

India, UAE sign energy, defence pacts during PM Modi’s visit
May 16, 2026

Abu Dhabi:  India and the UAE on Friday inked a series of landmark pacts spanning strategic petroleum reserves, long-term LPG...

Read moreDetails

BJP defends fuel hike, says ‘India kept price rise to 3% amid global surge’

Congress often takes position that benefits China instead of India: BJP
May 16, 2026

New Delhi:  The BJP on Friday defended the hike in fuel prices, claiming that India managed to shield citizens from...

Read moreDetails
Next Post
SKUAST-Jammu organizes Farmers’ Awareness Meet

SKUAST-Jammu organizes Farmers’ Awareness Meet

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.