New Delhi [India], India said the recently concluded WIPO Treaty on Intellectual Property, Genetic Resources and Related Traditional Knowledge is an important victory for countries in the Global South and for the country. "This treaty marks a major victory for India and the global South, which has been a long-time supporter of this instrument, after two decades of negotiations and collective support," the Ministry of Commerce and Industry said in a statement. Adopted unanimously by more than 150 countries, the treaty requires the applicant to disclose any invention in which the claim involves genetic resources. Provide the country of origin or source of the genetic material.In cases where an innovation claimed in a patent application is based on traditional knowledge associated with genetic resources, all parties involved shall bind the applicants to the same. Identify the indigenous people or local community, as appropriate, that contributed customary knowledge WIPO is one of 15 specialized agencies of the United Nations (UN) that collaborate with countries to protect intellectual property (IP) around the world. Works to promote the protection of. International organizations in India that have been highlighting inconsistencies within the patenting system have called it an important step as the treaty seeks to recognize the connection between loca communities and their genetic resources (GR) and ATK (Aboriginal Tradition Knowledge) in the global IP community. Gives.

Many Indian herbs and products have been falsely claimed as foreign inventions, leading to patent applications being opposed by India. For example, patent rights to turmeric, a tropical herb native to eastern India and widely used as a medicine and food ingredient, were granted to the University of Mississippi Medical Center.Additionally, India has in the past raised concerns over patents granted for Neem and Indian Basmati rice, with India playing a key role during these negotiations. India was the only country to prepare a detailed paper on the basis text for treaty negotiations. During the diplomatic conference, India asserted its policy safeguards and proposed several amendments to the draft treaty text. Some of these changes also received support from other countries and were included in the final treaty document. The treaty will require contracting parties, including the developed world, to make changes to their existing legal frameworks to impose disclosure of substantive obligations on patent applicants.