WIPO Treaty on Genetic Resources and Associated Traditional Knowledge

South Centre Statement – 65th WIPO Assemblies, 10 July 2024

South Centre Statement to the Sixty-Fifth Series of Meetings of the Assemblies of the Member States of WIPO (2024)

 10 July 2024

At the WIPO Assemblies 2024, the South Centre calls for rapid adherence to  the WIPO Treaty on IP, Genetic Resources & Associated Traditional Knowledge, for the revision in this regard of the Patent Cooperation Treaty, for advancing the agenda on copyright L&Es and for upholding the WIPO Development Agenda.

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Policy Brief 131, 3 July 2024

Understanding the New WIPO Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge

By Nirmalya Syam and Carlos M. Correa

A new WIPO Treaty on Intellectual Property, Genetic Resources, and Associated Traditional Knowledge was adopted on 24 May 2024. The treaty creates an international obligation for patent applicants to disclose the source or origin of genetic resources (GRs) and associated traditional knowledge (TK) in patent applications. This development marks a significant step towards mitigating the misappropriation of GRs and TK, particularly benefiting developing countries that have long advocated for such a framework. While the treaty establishes minimum standards for disclosure and sanctions, it permits contracting parties considerable flexibility in implementation and opens avenues for future expansion of its scope to address emerging technologies and derivative products.

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