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India making waves as WTO tries to net fishing deal

by Blitz India Media
February 23, 2024
in News
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WTO
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Team Blitz India

NEW DELHI: A new global agreement on tackling fisheries subsidies that lead to overcapacity and overfishing could be sealed when the World Trade Organization (WTO) holds its ministerial conference next week.

India — which is often described as an obstructionist element in trade talks — is calling all the shots, trade economist Christine McDaniel told AFP.

McDaniel leads the Future Fisheries Management initiative in the Mercatus Center research unit at George Mason University, outside Washington.

Negotiations in recent months at the WTO headquarters in Geneva have enabled a draft text to be brought forward, ahead of the biennial meeting being held in Abu Dhabi from February 26 to 29.

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