Historic Agreement: WIPO Treaty on Intellectual Property, Genetic Resources and Traditional Knowledge Adopted!

WIPO Intellectual Property, Genetic Resources and Traditional Knowledge Treaty Adopted!

Geneva, Switzerland - [May 24, 2024] - The Diplomatic Conference, held at the headquarters of the World Intellectual Property Organization (WIPO) in Geneva between 13-24 May 2024, ended with the adoption of a new international agreement in the field of intellectual rights.
Historic Agreement: Intellectual Property, Genetic Resources and Traditional Knowledge
WIPO member states adopted a groundbreaking treaty on intellectual property, genetic resources and related traditional knowledge on May 24, 2024. The agreement, which was signed as a result of many years of negotiations, contains important provisions for indigenous people and communities. This agreement marks a historic development, putting an end to years of negotiations.
Importance of the Agreement:
  • It is the first WIPO Treaty to address the interface between intellectual property, genetic resources and traditional knowledge.
  • It aims to protect the rights of indigenous peoples and local communities and ensure their fair enjoyment in these areas.
  • It regulates the patenting of inventions based on genetic resources and traditional knowledge.
  • It aims to prevent biopiracy and contribute to the preservation of biodiversity.
Scope of the Agreement:
  • It makes it mandatory to disclose the origin of genetic resources and traditional knowledge in patent applications.
  • It protects the intellectual property rights of indigenous peoples and local communities.
  • It aims to create a fair and transparent system for patenting inventions based on genetic resources and traditional knowledge.
  • It aims to contribute to the protection of biological diversity and sustainable development.
Effects of the Agreement:
  • It will ensure that the intellectual property system becomes more fair and inclusive.
  • It will facilitate indigenous peoples and local communities' access to and benefit from biological resources and traditional knowledge.
  • It will contribute to the fight against biopiracy.
  • It will contribute to the protection of biological diversity and sustainable development.
This historic agreement represents an important milestone in the fields of intellectual property, genetic resources and traditional knowledge. Implementation of the agreement will contribute to a more equitable and sustainable future in these areas.
About the World Intellectual Property Organization (WIPO)
The World Intellectual Property Organization (WIPO) is an international organization that aims to protect intellectual property rights and promote creative activity. It was established in 1967 as a specialized agency of the United Nations and is headquartered in Geneva, Switzerland.
WIPO's Main Tasks:
  • Developing and managing intellectual property systems: WIPO develops international agreements and standards to protect intellectual property rights such as patents, trademarks, copyrights and industrial designs.
  • Building knowledge and awareness about intellectual property: WIPO runs a variety of programs to build knowledge and awareness about how intellectual property systems work and how these systems encourage innovation and creativity.
  • Resolving intellectual property disputes: WIPO provides mediation and arbitration services to resolve intellectual property disputes between member countries.
WIPO's activities are important for innovation, creativity and economic development. Protecting intellectual property rights helps encourage investors to develop new products and technologies, which contributes to the creation of jobs and economic growth.
WIPO's Relations with Türkiye:
Türkiye has been a member of WIPO since 1972. WIPO provides technical assistance and training support to Turkey to develop and manage intellectual property systems. Additionally, WIPO cooperates closely with intellectual property offices in Turkey.
To learn more about WIPO:
You can visit the official website of WIPO: https://www.wipo.int/ You can visit WIPO's Turkish website: https://www.mfa.gov.tr/dunya-fikri-mulkiyet-orgutu.tr.mfa
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