India defends subsidies to fishing at WTO
Financial Express Chennai|December 11, 2024
INDIA HAS POINTED out that its per capita subsidies to farmers amount to just $35 a year as compared to $76,000 that some of the biggest fishing economies provide and the World Trade Organisation (WTO) should look at per capita rather than aggregate support for fisheries as the trade regulating body discusses further measures to tackle overfishing.
MUKESH JAGOTA

This will be India's argument at the General Council meeting of the WTO in Geneva on December 16-17 as discussions progress on further clampdown on subsidies that support overfishing. The General Council is the highest level decision-making body.

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