The new Treaty on Intellectual Property, Genetic Resources, and Traditional Knowledge, approved by WIPO member states on May 24, 2024, marks a significant milestone in international law. This Treaty mandates the disclosure of the origin of genetic resources and associated traditional knowledge in patent applications. It specifically includes provisions for Indigenous Peoples and local communities, ensuring their contributions are recognized and respected. This historic agreement, resulting from decades of negotiations, aims to promote transparency and fairness in the use of genetic resources and traditional knowle...
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