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Sustaining the blue economy - negotiating disciplines on fisheries subsidies at the WTO

By: Nedumpara, James J. and Tewari, Sunanda.
Material type: materialTypeLabelBookPublisher: Economic and Political Weekly Description: 57(11), 12- Mar, 2022: p.13-16. In: Economic and Political WeeklySummary: Subsidies provided for commercial fishing activities directly contribute to overfishing and decline in fish stocks, threatening to affect the food security and livelihood of millions in coastal areas. Hence, in an unprecedented move to conserve and sustain marine resources, the World Trade Organization membership is currently engaged in negotiating disciplines for fishing subsidies that lead to overcapacity and overfishing, fishing of overfished stocks, and eliminating subsidies that contribute to illegal, unregulated and unreported fishing. This article analyses the most recent text tabled at the WTO on the disciplines related to fisheries subsidies and highlights certain outstanding issues where members are unable to reach an agreement. – Reproduced
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Articles Articles Indian Institute of Public Administration
57(11), 12- Mar, 2022: p.13-16 Available AR127056

Subsidies provided for commercial fishing activities directly contribute to overfishing and decline in fish stocks, threatening to affect the food security and livelihood of millions in coastal areas. Hence, in an unprecedented move to conserve and sustain marine resources, the World Trade Organization membership is currently engaged in negotiating disciplines for fishing subsidies that lead to overcapacity and overfishing, fishing of overfished stocks, and eliminating subsidies that contribute to illegal, unregulated and unreported fishing. This article analyses the most recent text tabled at the WTO on the disciplines related to fisheries subsidies and highlights certain outstanding issues where members are unable to reach an agreement. – Reproduced

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