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India Joins WTO Agreement on Fisheries Subsidies: A Step Toward Sustainable Marine Governance

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India has formally deposited its Instrument of Acceptance for the WTO Agreement on Fisheries Subsidies (AFS), becoming the 123rd member to commit to curbing harmful fishing practices while protecting the livelihoods of small-scale fishers.

India has officially joined the World Trade Organization (WTO) Agreement on Fisheries Subsidies (AFS) by depositing its Instrument of Acceptance. This move marks a significant milestone in India’s commitment to multilateral trade rules and global environmental sustainability. The AFS, adopted at the 12th Ministerial Conference (MC12) of the WTO, is the first multilateral agreement to focus primarily on environmental sustainability in the fisheries sector. The core objective of the AFS is to prohibit subsidies that contribute to Illegal, Unreported, and Unregulated (IUU) fishing. By curbing these harmful financial incentives, the agreement aims to prevent the overexploitation of marine resources, which are critical for global food security and the health of oceanic ecosystems. For India, a nation with a vast coastline and a massive population dependent on the blue economy, this agreement strikes a balance between conservation and development.

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