Question

Choose the correct answer form the alternatives given.
Nagoya Protocol, signed by India on 30th October, 2010 is:

• A. an international treaty of bilateral investment between India and Japan
• B. an international treaty to ensure that local produce are exploited only under license and for the common good of the mankind
• C. an international treaty to ensure that the benefits of natural resources and their commercial derivatives are shared with local communities
• D. None of the above.

Answer 1

Answer: (A), (D)

The correct options are
A an international treaty of bilateral investment between India and Japan
D None of the above.

The Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization to the Convention on Biological Diversity. The protocol was adopted on 29 October 2010 in Nagoya, Japan and entered into force on 12 October 2014. It has been ratified by 92 parties, which includes 91 Un member states and the European Union. It is the Second Protocol to the CBD; the first is the 2000 Cartagena Protocol on Biosafety.