New Delhi [India], After decades of negotiations, the World Intellectual Property Organization (WIPO), a branch of the United Nations, has finally adopted a new treaty on intellectual property, genetic resources and associated traditional knowledge. WIPO is one of 15 specialized agencies of the United Nations (UN) that work to promote and protect intellectual property (IP) around the world by collaborating with countries as well as international organizations. While recognizing the efforts of the UN body, India also appreciated the efforts of the member countries. "India congratulated the Member States for promoting robust discussion and creating a common framework that respects all parties involved in the WIPO Diplomatic Convention on Intellectual Property, Genetic Resources and Collaborative Traditional Knowledge. Industry and International Trade Promotion The department (DPIIT) said in a post on Twitter.India also praised WIPO Director General Darren Tang and his team for the meticulous preparation and conduct of the conference. The recently concluded treaty is the first WIPO treaty to address the intersection between intellectual property, genetic resources and traditional knowledge and specifically includes provisions for indigenous peoples as well as local communities, the UN branch said in a blog post. It is the first WIPO treaty to include. According to the blog post, member countries will be obliged to establish an international law requiring patent applicants to disclose whose inventions are based on genetic resources and/or related traditional knowledge, with India having long been a leader in patent rights among countries and The patent rights have been in dispute with the organization. Indian products were given to foreign organizations. Patent rights to turmeric, a tropical herb grown in eastern India and used as a medicine and food ingredient, among other uses, were granted by the United States to the University of Mississippi Medical Center in 1995 for its wound-healing properties. Were provided for.Two years later, the Council of Scientific and Industrial Research of India challenged the university regarding the novelty of this discovery. America
The patent was revoked due to lack of innovation. In another case, patent rights for Indian Basmati rice were given to a Texas company in the United States, to which India objected and the US
The petition was accepted. Neem is another example on which an application was filed by the United States with the European Patent Office. A legal opposition has been filed by India against the grant of the patent. In this case, the EPO revoked the patent application citing, inter alia, lack of novelty and inventive steps.Following repeated objections by India to its moves to patent its traditionally known natural products, the EPO decided to examine the country's database containing information on traditionally known medicines before granting patent rights. List of formulations. In addition, the National Institute of Science Communication and Information Resources has created the Traditional Knowledge Digital Library (TKDL), a searchable database of over 24 million pages that translates texts from Sanskrit into English, German, French, Spanish and Japanese .