Categories: Business

India rejects the WTO fisheries pact proposal

New Delhi: India on Wednesday clarifies that it will not be pressed to sign the New Testament in the WTO, as in the fisheries, until the worries are intended and insisted that some “errors” from the previous round, such as allowing the developed countries to subsidize their farmers in disproportionate , it needs to be fixed.
Government officials highlighted data to argue that developing countries are permitted to provide domestic subsidies which are a small number of what countries are permitted.
“We were allowed to provide around $ 400 per capita support, while it rose to almost $ 40,000 in several developed countries.
What we asked for was the field of playing and protecting the interests of small farmers and fishermen,” an official said.
Comments came when the head of the WTO Ngozi Okonjo-Iweala touched in Delhi ahead of the minister’s meeting next month, where developed countries seek an agreement on fisheries, for the reason it would take action on fishing illegally.
He met the Minister of Trade & Piyush Industry Goyal on Wednesday night India, however, with a view that the proposition needed to be included before negotiations.
Officials said that instead only asked developing countries to provide their support for fishermen, developed countries only needed fishing in their waters for 25 years.
“This is not negotiations based on sustainability but is intended to ensure that countries with large fishing businesses continue to have market access, while stopping others from growing,” said an officer, describing the current proposal for the agreement as “unhalancosition”, which will take advantage Some European and Pacific countries are separate from China.
Officially adding all subsidies by developing countries is not bad.
They point to payment of fishermen to avoid fishing during the mating season for example.
Update the argument that the agreement on fisheries subsidies is very important to ensure the credibility of the WTO, the government’s source says that ensuring permanent solutions to the limits of public ownership are equally important because the trade limbs have provided mandates on several occasions.

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