Tuesday, October 4th, 2022 09:32:42

Piyush Goyal says several advanced fishing nations indiscriminately exploiting fisheries resources in others exclusive economic zone

Updated: June 15, 2022 1:05 pm

Commerce and Industry Minister Piyush Goyal has said that several advanced fishing nations are indiscriminately exploiting the fisheries resources in others exclusive economic zone.

Mr. Goyal said this during intervention on Fisheries Subsidies Negotiations at the 12th Ministerial Conference of the WTO in Geneva today.

He said, India has argued in the past that such nations shall own the responsibility for the damage they have caused to the global fisheries wealth and should bring them under a tougher discipline regime. Mr Goyal said, India does not operate huge fishing fleets to exploit the resources indiscriminately like any other advanced fishing nation.

The Minister said, India is a strong advocate of sustainability, and its glorious history speaks volumes of its traditions, customs and good practices in managing its natural resources. He urged all to take cognizance of the fact that many nations from both hemispheres allowed their gigantic industrial fleets to exploit and plunder the ocean’s wealth over the past several decades, leading to highly unsustainable fishing.

The Minister said, India’s fisheries sector is traditional and small-scale in nature and India is essentially one of the disciplined nations in sustainably harnessing the fisheries resources.

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