Q.3 What are the types of the subsidies that Agreement on Fisheries Subsidies (AFS) seek to prohibit? Why does the AFS matter to India? (10 Marks)

Mentor’s comment-
  • https://indianexpress.com/article/opinion/columns/the-wto-agreement-on-fisheries-is-flawed-but-significant-7985390/
  • In the intro, mention the recently concluded AFS.
  • In the body mention, the types of subsidies AFS seeks to prohibit and its connection with the DSG. In the next part mention the lack of discipline on subsidies for fishing in other members’ waters in the agreement. In the next part mention its implications for India as India seeks to develop its Blue economy.
  • Conclude by mentioning that for the sake of sustainability, countries need to overcome their differences and forge a comprehensive agreement.
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