While recognising the fact that such access arrangements can help some members generate revenues, especially in some developing countries, including poorer nations, India said that excluding subsidies arising from the further transfer of access rights to their vessels is like a "blank cheque" to distant water fishing nations that fish in other country's exclusive economic zone or high seas.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.