question_answer 32)

        Write a short note on biopiracy highlighting the exploitation of developing countries by the developed countries.

Answer:

                        Biopiracy is the term used to refer the use of bio-resources by the multinational companies and other organizations without proper authorization from the countries and from the people concerned without compensatory payment. Most of the industrialized nations are rich financially but poor in biodiversity and traditional knowledge. In contrast, the developing and the underdeveloped world is rich in biodiversity and traditional knowledge related to bio-resources. So, sometimes industrialized nations tend to exploit the resources or biodiversity of developing nations, for their own advantages.