Cites

International Trade Meaning and Definition of Cites

Meaning of Cites

Convention on the International Trade in Endangered Species

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CITES in Global Commerce Policy

In this regard, cites is: Convention on International Trade in Endangered Species of Wild Fauna and Flora. Concluded in 1973 under the auspices of the International Union for the Conservation of Nature and Natural Resources (IUCN). The Convention entered into force on 1 July 1975. The IUCN is not part of the United Nations, but closely associated with it. CITES regulates international trade in wild animals and plants. The entries on trade policy are here. It classifies threatened species into three categories: (i) those threatened with extinction that are or could be affected by trade, and it prohibits trade in these cases, (ii) species not necessarily threatened with extinction, but which could become so unless trade in them is strictly regulated, and (iii) species protected by states listing them and for which the cooperation of others is sought. Where trade is allowed under the Convention, it takes place through a permit system. See also multilateral environment agreements and trade and environment.[1]

CITESin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

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Notes and References

  1. Dictionary of Trade Policy, “CITES” entry (OAS)

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