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EconomyPIB20 July 2026

India Becomes a Party to the WTO Agreement on Fisheries Subsidies by Depositing its Instrument of Acceptance

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๐Ÿ“Œ Summary:

  • India deposited its Instrument of Acceptance of the WTO Agreement on Fisheries Subsidies (AFS) on 20 July 2026, becoming the 123rd WTO Member to do so; handed over by Commerce Secretary Shri Rajesh Agrawal to the WTO Director-General

  • The AFS was adopted by consensus at the 12th WTO Ministerial Conference, Geneva, June 2022 โ€” it is the first multilateral WTO agreement with an environmental sustainability objective

  • It entered into force on 15 September 2025 after acceptance by two-thirds of WTO Members

  • Scope: subsidies for marine wild capture fishing and fishing-related activities at sea. Aquaculture and inland fisheries remain OUTSIDE the Agreement's scope

  • Core prohibitions: subsidies linked to illegal, unreported and unregulated (IUU) fishing, and subsidies for fishing of overfished stocks

  • Why it favours India: it disciplines harmful subsidies to large, heavily subsidised industrial fleets of distant water fishing nations, creating a more equitable global regime โ€” India's fisheries are predominantly small-scale and it is not a major industrial fishing participant

  • Export angle: enhances India's credibility as a responsible seafood exporter and improves access to premium markets that value sustainability and traceability; since India's seafood exports are dominated by aquaculture-based shrimp (outside AFS scope), export competitiveness is preserved

  • Domestic framework supporting implementation: Sustainable Harnessing of Fisheries in the Exclusive Economic Zone (EEZ) Rules, 2025; Guidelines for Sustainable Harnessing of Fisheries in the High Seas by Indian-Flagged Fishing Vessels, 2025; and capacity-building under Pradhan Mantri Matsya Sampada Yojana (PMMSY)

  • The Agreement provides flexibilities for developing and least-developed country Members, preserving policy space for traditional and small-scale fishers

๐ŸŽฏ UPSC Relevance: GS2 (International Relations โ€” multilateral agreements, WTO) and GS3 (Environment โ€” sustainable use of marine resources; Economy โ€” fisheries and subsidies). A classic intersection of trade rules and environmental sustainability, and of India's defence of small-scale fisher livelihoods.

๐Ÿ“ Prelims Facts:

  • AFS adopted at the 12th WTO Ministerial Conference, Geneva, June 2022; entered into force 15 September 2025

  • First WTO multilateral agreement with an environmental sustainability objective

  • India is the 123rd Member to deposit its Instrument of Acceptance (20 July 2026)

  • Aquaculture and inland fisheries are excluded from its scope

  • Related domestic instruments: EEZ Fisheries Rules 2025, High Seas Guidelines 2025, PMMSY

๐Ÿ”‘ Key Term: IUU Fishing โ€” Illegal, Unreported and Unregulated fishing: fishing conducted in violation of national or international rules, not reported to the relevant authority, or carried out in areas/stocks without applicable conservation measures. Subsidies supporting IUU fishing are prohibited under the AFS.

WTOfisheries subsidiesIUU fishingPMMSYmarine conservation

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