Biopiracy, Traditional Knowledge & Indigenous People’s Rights
India has set in motion plans to revive talks on linking the Trade Related Intellectual Property Rights (TRIPS) pact of the World Trade Organisation to the Convention on Biodiversity (CBD) to check instances of biopiracy and misappropriation of traditional knowledge by global corporates.
- In June 2018, India and a group of like-minded members of the WTO, including Brazil, South Africa and China, have planned a conference in Geneva on TRIPS, CBD and biopiracy to deliberate on ways to expedite talks on amending the TRIPS. The countries seek to bring in legislation such as benefit sharing and disclosure of source to stop ....