Bridging a new concept of fisheries subsidies policy to support sustainable fisheries in Indonesia

Indonesia protested the policy of the WTO, which required the abolition of subsidies. Therefore, Indonesia, through the Ministry of Maritime Affairs and Fisheries and the Ministry of Foreign Affairs then attempted to roll out an exception to the WTO provisions. At the 11th Ministerial Conference in Buenos Aires, Argentina, the ministers of the member countries of the WTO agreed to accommodate the interests pursued by Indonesia to review the application of fisheries subsidies. This research then analyzes fisheries subsidies practice in Indonesia. Overall, the results of this study indicate that the policy of fisheries subsidies implemented by the government has not been planned with good policies and management so that the subsidy has an impact on overfishing, overcapacity or IUU Fishing. Therefore, the author initiated the Co-management of Green Fisheries Subsidy policy. The core of this idea focuses on the management of fisheries subsidies that support the sustainability of fisheries resources involving various relevant stakeholders. This idea uses seven principles which are then applied in the stages of establishing a policy of providing subsidies in each region based on the bottom-up principle so that the implementation of subsidies will be more effective and efficient based on the needs of each region. The author uses a normative juridical research method by examining library materials or other secondary materials. The author uses the literature study. The tools used are documents in the form of primary, secondary, and non-legal materials. The data obtained were analyzed qualitatively, then presented descriptively