India making waves as WTO tries to net fishing deal
The HinduA new global agreement on tackling fisheries subsidies that lead to overcapacity and overfishing could be sealed when the World Trade Organization holds its ministerial conference next week. "India says they are a victim of overfishing by subsidised large foreign vessels — eg China — fishing in and around their waters. "Recent research by two prominent Indian economists demonstrates with substantial data and evidence that India's fishers suffer from subsidised overfishing from large foreign vessels. "It shows that India's small-scale fishers and local coastal communities are especially hurt from that overfishing activity, which has led to declining catches for the locals. "If India really wants to be a leader of the global south, this is a great opportunity for them to stand up for coastal nations that are developing countries that are victims of large foreign fleets."