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    <title>Challenge of overcapacity and overfishing arises from heavily subsidised industrial fleets, not from small-scale fishermen in India and other developing countries and LDCs: Union Minister of Commerce and Industry Shri Piyush Goyal at WTO Ministerial Conference</title>
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    <description>India&#039;s position in the fisheries subsidies negotiations at the World Trade Organization centred on preserving sustainability, equity and development space in the second phase of discussions on overcapacity and overfishing. India supported a Ministerial Decision that would guide Phase II negotiations in line with Sustainable Development Goal 14.6 and emphasised the need for Special and Differential Treatment for developing countries and least developed countries, together with the principles of Common but Differentiated Responsibilities and Respective Capabilities and the Polluter Pays Principle. India pressed for a lengthy transition period, stronger disciplines on distant-water industrial fishing fleets, a permanent carve-out for small-scale and artisanal fishers, and subsidy disciplines based on per capita intensity.</description>
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    <pubDate>Mon, 30 Mar 2026 09:38:38 +0530</pubDate>
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