Question

Write a note on the international regime on access and benefit sharing.

12 Feb 2018
Answer :
Word Count : 518

The starting point for understanding the existing international framework for ABS of genetic resources and associated TK is the Convention on Biological Diversity (CBD). The CBD is one of the multila teral treaties that opened for signature at the 1992 United Nations Conference on Environment and Development in Rio de Janeiro, Brazil (hereafter the Earth Summit or UNCED). To date, the CBD has been ratified by 193 parties, making it nearly universal. Of  the major user countries, the United States of America remains a non -party (and consequently not bound by its provisions), despite having signed the treaty in 1993. The treaty entered into force on 29 December 1993, and has three objectives, namely:

1.the conservation of biological diversity

;2.the sustainable use of the components of biological diversity 7 ; and

3.the fair and equitable sharing of the benefits arising out of the utilization of genetic resources

.Parties to the CBD have nominated national focal points, which act as the designated person representing a Party on

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