“There has not been much discussion on the paper but some elements are part of the consolidated text that has been shared with all members,” said an official.
India’s proposal is significant as it provides a cushion from taking any commitments in fishing done in the territorial waters up to 12 nautical miles.
As per the official, China does not meet any criteria to qualify for the exemption.
“It is a carefully drafted proposal as it does not impinge on the rights of our nine coastal states,” the official added.
India has also proposed, for certain cases, transition periods for developing countries and LDCs before certain subsidy prohibitions kick in as such provisions are needed to sustain the livelihood and food security needs of small-scale fishers.
A transition period of two years to withdraw or modify any subsidy for fish stocks that have been declared as overfished by the national authorities based on the best scientific evidence available to such members, according to the proposal.