499. Convention on International Trade in Endangered Species.

The Convention on International Trade in Endangered Species of Wild Flora and Fauna (commonly known as the 'CITES Convention')1 makes provision for controlling the trade in species of wild plants that are or may be threatened with extinction as a result of international trade. The Convention lists the species which are threatened with extinction2, those which are anticipated to come under threat unless trade is regulated3, and those species in relation to which trade is required to be regulated for the purpose of preventing or restricting exploitation4, and sets out the means by which trade in those species is