https://www.taxtmi.com/news?id=24219 India argues that WTO fisheries subsidy disciplines must balance sustainability with equitable development space, requiring major subsidizers to reduce harmful support under the Polluter Pays and Common but Differentiated Responsibilities principles. It cautions that the Overcapacity and Overfishing pillar, if framed to constrain capacity without disciplining non-specific fuel subsidies or excluding Government-to-Government access payments, will unfairly burden developing countries. India seeks effective Special and Differential Treatment for countries as a whole, respect for coastal State sovereign rights under the law of the sea, and proposed text amendments to preserve future growth space for developing fisheries. en-us Thu, 15 Jul 2021 16:45:15 +0530 Thu, 15 Jul 2021 16:45:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24219 India argues that WTO fisheries subsidy disciplines must balance sustainability with equitable development space, requiring major subsidizers to reduce harmful support under the Polluter Pays and Common but Differentiated Responsibilities principles. It cautions that the Overcapacity and Overfishing pillar, if framed to constrain capacity without disciplining non-specific fuel subsidies or excluding Government-to-Government access payments, will unfairly burden developing countries. India seeks effective Special and Differential Treatment for countries as a whole, respect for coastal State sovereign rights under the law of the sea, and proposed text amendments to preserve future growth space for developing fisheries. News - Thu, 15 Jul 2021 16:45:15 +0530 https://www.taxtmi.com/news?id=24219