On this episode of the State of the Economic system podcast, businessLine’s Amiti Sen talks to Mukesh Bhatnagar, Former Professor at Centre for WTO Research, about MC 13, the place India might be navigating advanced negotiations to safeguard its growth wants and safe exemptions for small-scale fishers.
Amiti begins the podcast by speaking in regards to the forthcoming WTO Ministerial Convention, MC 13, scheduled for February 2024 in Abu Dhabi. She goes on to look at the continuing negotiations in Geneva surrounding the Settlement on ending dangerous fisheries subsidies. Whereas partial agreements have been reached throughout MC 12 in 2022, important facets of this settlement are nonetheless beneath dialogue.
In accordance with UNCTAD, international marine fish shares at biologically unsustainable ranges have resulted in staggering financial losses. The WTO discussions goal to curb these dangerous subsidies, elevating advanced questions in regards to the shared accountability of developed and creating nations and the potential for environmental carve-outs.
The dialogue goes into element about India’s lively engagement in negotiations, highlighting its evolving stance on disciplining fishery subsidies. Bhatnagar elucidates India’s emphasis on securing particular and differential remedy for creating international locations, significantly within the context of distant water fishing.
The podcast goes on to supply a nuanced understanding of India’s challenges and pursuits within the negotiations, emphasising the significance of particular and differential remedy.
The episode concludes by visiting ongoing discussions and future developments in international financial insurance policies.
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(Host: Amiti Sen, Producer: Amitha Rajkumar and Anjana PV)
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Concerning the State of the Economic system podcast
India’s economic system has been hailed as a brilliant spot amid the final gloom that appears to have enveloped the remainder of the world. However a number of sectors proceed to stutter whilst others appear set to fireplace on all cylinders. That can assist you make sense of the bundle of contradictions that the nation is, businessline brings you podcasts with consultants starting from finance and advertising and marketing to know-how and start-ups
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