Question

Biopiracy should be prevented. State why and how?

Answer 1

Biopiracy is the term used to refer to the use of bio resources by multinational companies and other organizations without proper authorization from the countries and people concerned without compensatory payment.
There has been growing realization of the injustice, inadequate compensation and benefit sharing between developed and developing countries. Therefore, some nations are developing laws to prevent such unauthorized exploitation of their bio resources and traditional knowledge.

Answer 2

Biopiracy should be prevented because :

● Biopiracy is the term used to allude to the utilization of bio assets by worldwide organizations and different associations without legitimate approval from the nations and individuals worried without compensatory installment.

● There has been developing acknowledgment of the foul play, insufficient pay and advantage sharing among created and creating nations. In this manner, a few countries are creating laws to forestall such unapproved abuse of their profile assets and customary information.