WTO’s fisheries pact: India for 25 year transition period, stronger disciplines on distant-water industrial fishing
GS2Polity · Governance · IR· International institutions & agencies (UN, WTO, IMF...)· Prelims + Mains·
Why in news
India demanded a 25-year transition period and stricter regulations on distant-water industrial fishing fleets during the second phase of the WTO's fisheries subsidies agreement negotiations.
Background
India is advocating for a permanent exemption for small-scale and artisanal fishers within the WTO fisheries subsidies agreement. The proposal aims to protect the livelihoods of 9 million fisher families who primarily utilize sustainable practices.
Facts for Prelims
- FactIndia has approximately 9 million fisher families.
- FactIndia's proposed transition period for developing countries is 25 years.
For Mains
Q. Discuss the significance of multilateral trade agreements in balancing global industrial fishing interests with the food security and livelihoods of small-scale artisanal fishers in developing nations.
Dimensions to cover in your answer
- Regulatory asymmetry: Disparity between industrial distant-water fleets and artisanal fishing practices
- Food security nexus: Impact of subsidy discipline on coastal community livelihoods
- Developmental equity: The necessity of transition periods for developing nations in global trade governance
Keywords: Food Security · Sustainable Fishing · Multilateral Trade · Artisanal Fisheries · Trade Liberalization
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