ClearMains
India has become a party to the WTO Agreement on Fisheries Subsidies, committing to sustainable fisheries management while preserving marine resources. The Agreement entered into force on September 15, 2025, after acceptance by two-thirds of WTO Members. India's decision is expected to enhance its credibility as a responsible seafood exporter and support improved access to premium markets.
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Mains Practice Question
Critically examine the implications of India's accession to the WTO Agreement on Fisheries Subsidies, particularly with regards to its domestic fisheries management framework and international trade obligations.
250 words
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Shri Rajesh Agrawal handed over which document to the Director-General of the World Trade Organization (WTO)?
The Instrument of Acceptance is the document deposited by India to signify its accession to the WTO Agreement on Fisheries Subsidies, a significant step in international cooperation for sustainable fisheries.
What percentage of WTO Members had accepted the WTO Agreement on Fisheries Subsidies before it entered into force?
The WTO Agreement on Fisheries Subsidies entered into force after two-thirds of WTO Members had accepted it, demonstrating the importance of international cooperation in addressing global fisheries issues.
Consider the following statements regarding India's Instrument of Acceptance: 1. India deposited its Instrument of Acceptance on 20th July 2026. 2. The Agreement entered into force after acceptance by two-thirds of WTO Members, which happened in September 2024. 3. Shri Rajesh Agrawal handed over the Instrument of Acceptance to the Director-General of the World Trade Organization (WTO) on a specific date. How many of the above statements are correct?
Statement-1 is correct because it matches fact 1. Statement-2 is incorrect because it contradicts fact 4, which states that the Agreement entered into force in September 2025, not September 2024. Statement-3 is correct because it matches fact 8.
Consider the following two statements: Statement-I: India has a robust fisheries management framework. Statement-II: The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is responsible for implementing the WTO Agreement on Fisheries Subsidies in India. Which one of the following is correct in respect of the above statements?
Statement-1 is correct because it matches fact 6. Statement-2 is incorrect because it contradicts fact 7, which states that PMMSY is an ongoing capacity-building initiative for fisheries management, monitoring and conservation programmes, but does not mention the WTO Agreement on Fisheries Subsidies.