Monday, July 15, 2024

Holy See welcomes ‘significant’ new treaty on intellectual property; Vatican News, July 10, 2024

Joseph Tulloch, Vatican News ; Holy See welcomes ‘significant’ new treaty on intellectual property

"Archbishop Ettore Balestrero, the Permanent Observer of the Holy See to the United Nations and Other International Organizations in Geneva, has welcomed a historic new treaty on intellectual property.

In an address to members states of the UN's World Intellectual Property Organisation (WIPO), the Archbishop called the treaty a “significant step forward”.

The treaty


WIPO member states adopted the agreement – which regards “Intellectual Property, Genetic Resources and Associated Traditional Knowledge – in May of this year.

The treaty establishes a new disclosure requirement in international law for patent applicants whose inventions are based on genetic resources and/or associated traditional knowledge.

It was the first WIPO treaty in over a decade, as well as the first to evr deal with the genetic resources and traditional knowledge of indigenous peoples."

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