Question

    What significant policy change did CITES introduce regarding agarwood export from India starting April 2024?  

    A Ban on agarwood export Correct Answer Incorrect Answer
    B New export quota Correct Answer Incorrect Answer
    C Tax exemption on agarwood Correct Answer Incorrect Answer
    D Export subsidy Correct Answer Incorrect Answer
    E Trade agreement with ASEAN Correct Answer Incorrect Answer

    Solution

    CITES has notified a new export quota for the valuable and aromatic agarwood and its oil from India starting April 2024.

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