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TRIPS - CBD Linkage
June 7 , 2018
2363 days
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- The International Conference on TRIPS- CBD Linkage will be held in Geneva on June 7-8, 2018 to revive WTO discussions on issues related to theft of traditional knowledge.
- International Conference on Trade-Related Aspects of Intellectual Property Rights (TRIPS) - Convention on Biological Diversity (CBD).
- The conference will be organised jointly by Indian Government, Centre for WTO Studies, Indian Institute of Foreign Trade and the South Centre, an inter-governmental organisation based in Geneva.
- In 2008, developing countries garnered the support of the European Union to form a coalition of 109 countries, which included the African and Caribbean and Pacific Countries, for the TRIPS-CBD Linkage and seeking amendment of the TRIPS Agreement.
- TRIPS CBD Linkage is important for India and other developing countries because it seeks to address bio-piracy.
- The Convention on Biological Diversity is a multilateral agreement on sustainable development that has been ratified by 196 nations.
- The Convention entered into force on 29 December 1993.
- The convention calls for
- Conservation of biological diversity
- Sustainable use of its components
- Fair and equitable sharing of benefits arising out of the utilisation of genetic resources
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