WIPO treaty a huge win for India, Global South: Ministry

The new WIPO treaty on intellectual property, genetic resources, and associated traditional knowledge is a major achievement for the Global South, especially India. It aims to protect biodiversity, enhance transparency in patents, and enforce mandatory disclosure obligations for patent applicants. The treaty is seen as a step towards inclusive innovation and sustainable development.

Global South

The World Intellectual Property Organisation (WIPO) treaty on intellectual property, Genetic resources (GRs) and associated traditional knowledge (ATK), is a significant win for countries of the Global South and for India, Ministry of Commerce & Industry said on Sunday. 

The treaty marks the start of the journey to achieve collective growth and deliver the promise of a sustainable future, a cause which India has championed for centuries, the ministry said in a statement.