<h1>WTO Fisheries Agreement Targets IUU Fishing Subsidies, Offers Transition for Developing Nations, Promotes Sustainable Practices.</h1> The Agreement on Fisheries Subsidies, concluded at the WTO Ministerial meeting, aims to prohibit subsidies for Illegal, Unreported, and Unregulated (IUU) fishing and overfished stocks. Developing and Least Developed Countries are granted a two-year transition period. The Agreement allows subsidies for overfished stocks if aimed at rebuilding them sustainably. It restricts subsidies for high seas fishing outside coastal jurisdictions. India, a low fisheries subsidizer, emphasizes sustainable practices and urges nations with large-scale subsidies to take greater responsibility. The Agreement seeks to curb IUU fishing, protecting resources and livelihoods, while providing flexibility for rebuilding fish stocks.