He is also of the opinion to gradually reduce the fishing capacities, particularly, for overfished stocks
The Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal has called for waiver of Intellectual Property Rights (IPR) and dismantling new trade barriers in the global fight against the COVID-19 pandemic.
“Apart from focusing on facilitating the free flow of goods, I invite G20 countries to join in efforts to make health services accessible and more affordable by the citizens of the world by enabling a free flow of health services,” Goyal said.
Calling for an equitable and balanced outcome to the trade negotiations in the fisheries sector, Goyal advocated those countries engaged in distant water fishing should stop subsidising their fishing in high seas and gradually reduce their fishing capacities, particularly, for overfished stocks.
“To achieve balanced outcomes in fisheries subsidies, policy space for future is a must, not only to protect the livelihoods of poor and marginal fishermen and address, the food security concerns but also to diversify, modernise and develop the fisheries sector, he said. Separately, Goyal also discussed the agreement on joint multilateral positions in fisheries etc with his Australian counterpart during a one-to-one meeting.
In his G20 Ministerial Address, meanwhile, Goyal also stated that India has committed towards the United Nations 2030 Agenda on Sustainable Development and the Sustainable Development Goals (SDGs).
“India is among the few countries which are on track to exceed its commitments as per the Paris Agreement. We urge the members to fulfil their commitments regarding the transfer of technology and climate finance, which are far from being fulfilled by the developed countries,” he said.
