CITES Removes India from Red Sanders Trade Restrictions
Recently, India has been removed from the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) Review of Significant Trade (RST) for Red Sanders, signalling a positive shift for farmers cultivating the high-value red sandalwood.
Key Points
- Background of Trade Restrictions: India had been under CITES' RST process for Red Sanders since 2004, facing trade suspensions due to instances of red sandalwood smuggling.
- Farmers' Entry into Legitimate Trade: Removal from the RST process allows Indian farmers to participate in the legitimate trade supply chain of Red Sanders, providing economic opportunities.
- Market Value of Red Sanders: The tree, endemic ....
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