India joins WTO’s agreement on fisheries subsidies
India joins the WTO fisheries subsidies agreement through formal acceptance, advancing a global rule against harmful fishing support.
- The agreement seeks to discipline subsidies that contribute to overcapacity and overfishing.
- India has deposited its instrument of acceptance for the agreement.
India has deposited its instrument of acceptance for the World Trade Organization agreement on fisheries subsidies. The acceptance brings the agreement closer to entering into force and adds India to the multilateral effort to curb harmful subsidies that support overfishing and illegal, unreported and unregulated fishing.
What happened
The WTO fisheries subsidies agreement is designed to restrict subsidies that contribute to depletion of fish stocks and to harmful fishing practices. India’s acceptance matters because entry into force depends on formal acceptance by the required number of WTO members.
UPSC can frame the fisheries subsidies agreement as a trade-and-environment issue with direct relevance to WTO reform, sustainable fisheries, and livelihood trade-offs. A mains answer can examine how subsidy discipline, marine conservation, and India’s multilateral commitments interact.
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