India Backs WTO Fisheries Subsidy Draft, Safeguards Small Fishermen

• India supports WTO draft decision on fisheries subsidies to curb overfishing.
• Draft aims to protect developing countries and LDCs, ensuring special and differential treatment.
• Commerce Minister Piyush Goyal emphasized a balanced approach, highlighting 9 million livelihoods in India's fisheries.
• Goyal stated overfishing is caused by industrial fleets, not small-scale fishermen.
• India advocates for equitable outcomes, protecting marine resources and livelihoods, and holding developed nations responsible.