How does the recent conclusion of a new treaty by WIPO impact India's role in protecting genetic resources and traditional knowledge
WIPO concludes new treaty to protect genetic resources, traditional knowledge; India plays key role
- India's role in protecting genetic resources and traditional knowledge is strengthened by the new treaty concluded by WIPO, showcasing the country's commitment to safeguarding its rich heritage.
- The treaty enhances India's position in international negotiations related to the protection of genetic resources and traditional knowledge, giving the country a platform to voice its concerns and interests.
- It provides India with a framework for regulating access to genetic resources and traditional knowledge, ensuring that indigenous communities benefit from such resources while preventing exploitation.
- The treaty underscores the importance of prior informed consent and mutually agreed terms, aligning with India's efforts to protect the rights of indigenous communities and their traditional knowledge.
- India's involvement in the treaty showcases its leadership in promoting sustainable development, biodiversity conservation, and equitable sharing of benefits derived from genetic resources and traditional knowledge.
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a year ago