Commerce and Industry Minister Piyush Goyal stated that fisheries in India are a crucial source of livelihood and food security, supporting over 9 million fishermen, primarily small, traditional, and artisanal fishermen who practice sustainable methods.
He made this statement during the Ministerial Session on Fisheries Subsidies at the World Trade Organisation's 14th Ministerial Conference in Yaoundé, Cameroon. In a social media post, Mr. Goyal highlighted India's proactive and historical conservation efforts, including the annual fishing ban. He also emphasized the need to ensure that emerging decisions are fair and do not disproportionately impact vulnerable communities.
Mr. Goyal also held a meeting with Mozambique's Minister of Economy, Basilio Zefanias Muhate, on the sidelines of the WTO conference. During the meeting, both sides exchanged views on the conference agenda and explored avenues to deepen trade and investment across key sectors of the two countries. Mr. Goyal also conveyed India's deep solidarity and continued commitment to support Mozambique in the aftermath of the recent devastating floods that affected many people.