50 developing nations back India’s push for fairer WTO fish subsidy rules
Around 50 developing nations support India's stance on fisheries subsidies at the World Trade Organization. India advocates for per capita subsidies and special treatment for its fishermen. They seek a 25-year exemption from subsidy cuts. WTO memb...

India wants the subsidies to be on a per capita basis instead of the aggregate level of subsidisation and based on the special and differential treatment (S&DT) principle to safeguard the livelihood of its small and artisanal fishers, officials said.
India wants 25 years exemption from any subsidy cuts to protect its poor fishermen while the developed nations insist on a five-seven year transition period.
"The LDC group and other developing nations are in support of our stance on fisheries subsidies. If there are no disciplines and S&DT, then what will we do with a new agreement," said an official, who did not wish to be identified

WTO members are working on Fish 2 or "second wave" to curb subsidies that lead to overfishing and overcapacity.
The first agreement will come into force after it is ratified by 111 members.
In Fish 2, India has insisted on sustainability rather than market access in the guise of sustainability, according to the official.
Flagging the disparity between the high fisheries subsidies of $76,000 per fisher per year given by developed countries and $35 that India gives, the government has said that poorer countries shouldn't be unreasonably burdened and the historically large subsidising countries should not benefit at the cost of developing countries including the LDCs.
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