Current Affairs · International Trade Agreements
With reference to the WTO Agreement on Fisheries Subsidies, consider the following statements: I. It prohibits subsidies for Illegal, Unreported and Unregulated (IUU) fishing. II. It restricts subsidies for fishing on overfished stocks, with conditions and flexibilities for developing countries. III. India has ratified the Agreement, as it provides full protection to all subsidies for small-scale fishers. Which of the statements given above is/are correct?
- 1I, II and III
- 2I and III only
- 3II and III only
- 4I and II only✓
Correct answer
I and II only
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