India’s push for equity in WTO fisheries subsidy rules | Mains Prep Booster
India’s Position: Advocates for stricter regulations on fisheries subsidies to curb overfishing while ensuring the livelihoods of small-scale fishers in developing countries are protected. Global Efforts: Active participation in WTO negotiations to foster international cooperation for sustainable fishing practices. Key Issues Overfishing and Marine Ecosystems: Overfishing threatens marine biodiversity and global fishery resources; India stresses sustainable practices. Policy and Proposals Moratorium on Subsidies: India proposes a 25-year freeze on high-seas fishing subsidies to prevent overcapacity and resource depletion. Institutional Collaboration Challenges