Why is an approval of NBA ( National Biodiversity authority) required – InterviewSolution

1.	Why is an approval of NBA ( National Biodiversity authority) required for any foreign organization before it obtains and biological resources and knowledge associated from your company
Answer» What is Convention on Biological Diversity The Convention on Biological Diversity (CBD) is a legally binding multilateral environmental agreement that has 194 contracting Parties (Countries) as its members with three objectives – conservation of biological diversity, sustainable use of the diversity and ensuring fair and EQUITABLE SHARING of BENEFITS of such use. It has entered into force on 29th DECEMBER 1993.

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