Agreement on Fisheries Subsidies Sample Contracts

SWITZERLAND BECAME FIRST WTO MEMBER TO FORMALLY ACCEPT NEW AGREEMENT ON FISHERIES SUBSIDIES
Agreement on Fisheries Subsidies • January 23rd, 2023

WTO Members who have provided huge subsidies in the past, and engaged in large-scale industrial fishing should take more obligations to prohibit subsidies based on ’polluter pay principle’ and ’common but differentiated responsibilities’.

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AGREEMENT ON FISHERIES SUBSIDIES DRAFT TEXT
Agreement on Fisheries Subsidies • June 10th, 2022

This Agreement applies to subsidies, within the meaning of Article 1.1 of the Agreement on Subsidies and Countervailing Measures (SCM Agreement) that are specific within the meaning of Article 2 of that Agreement, to marine wild capture fishing and fishing related activities at sea.1, 2, 3

AGREEMENT ON FISHERIES SUBSIDIES draft text
Agreement on Fisheries Subsidies • July 1st, 2022
AGREEMENT ON FISHERIES SUBSIDIES
Agreement on Fisheries Subsidies • March 3rd, 2023
ATURAN SUBSIDI DALAM AGREEMENT ON FISHERIES SUBSIDIES
Agreement on Fisheries Subsidies • April 19th, 2023

Fisheries subsidies are regulated in an agreement that takes effect in June 2022, namely the Agreement on Fisheries Subsidies, which regulates the prohibition of subsidies and their exceptions. With the formulation of the problem, namely how are the rules of subsidies in the agreement on fisheries subsidies? and what is the impact of the agreement on fisheries subsidies on fisheries in Indonesia. Using normative research method with qualitative analysis. The results show that the agreement on fisheries subsidies prohibits fisheries subsidies that contribute to IUU fishing, overfished stocks and allows fisheries subsidies in the event of a disaster with certain conditions. The impact of the agreement has resulted in Indonesian fishermen, most of whose main livelihoods are traditional fishermen and small-scale fishers, finding it difficult to get subsidies due to the prohibition where the subsidies are needed to support and help their communities.

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