India has made a case for allowing a small and tight ‘green box’ of permissible subsidies for fisheries. Under this, New Delhi wants to include livelihood support for fishermen during the period when fishing is banned and subsidies for navigation and safety equipment.
“We need to bear in mind that fishery subsidies to be implementable should at least impact the large number of subsistence and artisanal fishermen who, in many developing countries like India, get minuscule subsidies and who would be rendered destitute without such support,” read India’s statement at the recent meeting on fishery subsidies at the WTO.
New Delhi wants subsidies for vessel monitoring system as well as equipping boats with navigation and safety equipment to be identified as permissible.
Caps on subsidies
Diese Geschichte stammt aus der February 19, 2020-Ausgabe von The Hindu Business Line.
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