International Agreement For Conserving Marine Biodiversity In New York

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The Foreign Corrupt Practices Act of 1977 resulted from bribery of foreign government officials by Lockheed Aircraft Company. This Act is designed to prevent the bribing of foreign officials in order to obtain foreign government contracts. Payments to foreign officials for â€œfacilitation,â€ often referred to as grease payments, are not prohibited under FCPA so long as these payments are made only to get officials to do their normal jobs that they might not do, or would do slowly, without some payment. These payments can be made only to secure a permit or license; obtain paper processing; secure police protection; provide phone, water, or power supply; or similar such actions.

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The Convention on Biological Diversity (CBD) is the international legal instrument for "the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic resources" that has been ratified by 196 nations.

The new legally binding international instrument on the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction - known as 'BBNJ' - was adopted on 19 June, at the United Nations headquarters in New York, United States.

The Cabinet meeting was held on July 02, 2024. The BBNJ Agreement, or the 'High Seas Treaty', is an international treaty under the United Nations Convention on the Law of the Sea (UNCLOS). It aims to address the growing concerns over the long-term protection of marine biodiversity in the high seas.

The Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ Agreement) was adopted on 19 June 2023 by the Intergovernmental Conference on Marine Biodiversity of Areas Beyond National ...

These include, provisions on marine genetic resources, environmental impact assessments, the creation of marine protected areas, and more. ACAP Parties, Australia, Brazil, Chile, Ecuador, France, New Zealand, Norway, Spain and the United Kingdom have signed the BBNJ.

Parties PartySignedAmendment acceptance Italy 29 April 1998 18 July 2016 Jamaica 1 October 2020 Japan 28 April 1998 Jordan 3 January 2020105 more rows

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The High Seas Treaty, also known as the agreement on Biodiversity Beyond National Jurisdiction or 'BBNJ', was signed in New York on 20 September. This historic agreement offers the global community an opportunity to protect some of the abundant marine life and ecosystems in the twothirds of the ocean.The world's countries are currently negotiating a new agreement to protect marine life and govern impacts of activities in the high seas. On Saturday evening, March 4th, 2023, at the UN headquarters in New York City, nearly 200 countries agreed to safeguard marine biodiversity. A new treaty to conserve and sustainably manage marine biodiversity in the high seas. The high seas cover two-thirds of all ocean and almost half the planet. The new High Seas Treaty addresses many of the governance gaps that have plagued the ocean, setting out clearer ways to conserve biodiversity in the high seas. The treaty will create a new body to manage ocean life conservation and establish marine protected areas in ocean regions outside national boundary waters. The "BBNJ Agreement," also referred to as the "High Seas Treaty," is one of several important environmental negotiations concluding in the next four months. Longawaited UN treaty marks milestone in our relationship with the open ocean and now requires urgent adoption and ratification at national level.

International Agreement For Conserving Marine Biodiversity In New York

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