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World Trade Organization, International Monetary Fund and World Bank

The global economic institutions and India's place in them.

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WTO Agreement on Fisheries Subsidies

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Mains

The WTO Agreement on Fisheries Subsidies, adopted at the 12th World Trade Organization Ministerial Conference in Geneva in 2022, is the first WTO agreement with an environmental objective.

  • It prohibits subsidies for illegal, unreported and unregulated fishing and for overfished stocks.
  • It covers marine wild capture fishing.

What changed

  1. 21 Jul 2026BriefIndia has joined the agreement. The Hindu, 21 Jul 2026: India joins WTO's agreement on fisheries subsidies (opens in a new tab)

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