GS Paper - 3 (Economy)

India made it clear that it is not going to be pressured into signing new agreements at the WTO, such as those on fisheries, until its concerns are addressed and insisted that some of the “wrongs” from the earlier rounds, such as allowing developed countries to subsidise their farmers disproportionately, needed to be fixed.

What govt. say?

  1. Government officials highlighted data to argue that developing countries were allowed to provide domestic subsidies which were a fraction of what some of the developed countries were permitted.
  2. We are allowed to provide around $400 per capita support, while it goes up to nearly $40,000 in some of the developed countries.
  3. What we are asking for is a level-playing field and protecting the interests of small farmers and fishermen.
  4. Developing countries cap their support to fishermen, developed countries need to fish only in their waters for 25 years.
  5. It is not a sustainability based negotiation but is meant to ensure that countries with large fishing business continue to have market access, while stopping others from growing, describing the current proposals for an agreement as “imbalanced”, which will benefit some European and Pacific countries apart from China.
  6. The official added all subsidies by developing countries were not bad. They pointed to payments for fishermen to avoid fishing during the breeding season as a case in point.