Red sandalwood plantations to grow with CITES bringing relief for Indian farmers growing the endemic species
Monday, 13 November 2023
In a development that may help red sandalwood growing farmers to earn through export, the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has removed India from its Review of Significant Trade (RST) for Red Sanders - a kind of negative list due to reporting of several instances of red sandalwood smuggling in the past. India had been under the RST process for Red Sanders since 2004. The process enables disciplinary action in the form of trade suspensions directed at countries that do not meet their obligations.
In a development that may help red sandalwood growing farmers to earn through export, the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has removed India from its Review of Significant Trade (RST) for Red Sanders - a kind of negative list due to reporting of several instances of red sandalwood smuggling in the past. India had been under the RST process for Red Sanders since 2004. The process enables disciplinary action in the form of trade suspensions directed at countries that do not meet their obligations.
|
||||
|
||||
💡 newsR Knowledge: Other News MentionsYou Might LikeRelated videos from verified sources
|