India rejects text on fisheries subsidy talks at WTO meeting

[ad_1] Rejecting the current lesson on fisheries subsidy talks, India said on Tuesday world trade organization Members engaged in distant water fishing should stop providing any subsidy for 25 years as they provide very high support measures and are exploiting indiscriminately Fisheries Resource. For each fisherman family, India gives a subsidy of barely USD 15 a year. On the other hand, there are countries which give up to USD 42,000, USD 65,000 and USD 75,000 to a fisherman’s family. “It is the extent of inequality that has been sought to…