India deposited its Instrument of Acceptance of the WTO Agreement on Fisheries Subsidies (AFS) on 20th July 2026, thereby becoming a Party to the Agreement, the Commerce Ministry said in a statement. The agreement prohibits government support to illegal fishing activities and over-exploitation of stocks. The agreement focuses on subsidies related to marine wild-capture fishing and fishing-related activities at sea. However, aquaculture and inland fisheries remain outside the scope of this pact, which came into force on September 15, 2025. It was adopted by consensus at the 12th WTO Ministerial Conference in Geneva in June 2022 and is the first multilateral WTO agreement with an environmental sustainability objective. (ICE NEW DELHI)

Fonte notizia: The Hindu