UN countries adopt treaty to better trace origins of genetic resources under global patent system | KLRT [Video]

GENEVA (AP) — U.N. member countries on Friday concluded a new treaty to ensure that genetic resources used in inventions, like new medicines derived from exotic plants in the Andes mountains, are properly traced.

It marks the first time the 193 member states of the U.N.’s World Intellectual Property Organization have agreed that patent applicants must disclose the origin of genetic resources used and traditional knowledge linked to them – often from indigenous cultures that have long been exploited by colonists, traders and others.

The treaty will, for example, require companies in industries like fashion, luxury goods and pharmaceuticals to specify the origin of the plant-based chemicals in medicines or skin creams that they use for their innovative products. About 30 countries already have similar rules on their national books.

The treaty doesn’t address the thornier issue of compensation to Indigenous communities for their historic — even ancient — expertise …