Published On: Sun, Dec 16th, 2012

The Nagoya Protocol

The Nagoya Protocol on Access and Benefit Sharing, negotiated in 2010, sets the standards for benefit sharing between industry and holders of traditional knowledge. The objective of the protocol is fair and equitable sharing of benefits arising from the use of genetic resources. It has been signed by 92 countries but only five countries have ratified it so far. India has approved the ratification of the protocol.

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