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EU Parliament condemns "biopiracy" of multinationals.

| BRUSSELS, Jan 15 (KUNA) -- The European Parliament Tuesday adopted a resolution calling on European Union (EU) to combat the "biopiracy" of multinationals that exploit plants with medicinal properties and traditional remedies originating from developing countries but fail to share the profits with indigenous peoples.

Biopiracy is the practice of patenting and marketing the use of traditional knowledge and genetic resources of indigenous peoples without authorization from source countries.

"Ninety percent of the world's biological heritage is found in developing countries, yet the vast majority of patents are held by developed ones. Our rules for using natural resources and traditional knowledge are very ill-defined and companies exploit this legal uncertainty to use traditional knowhow. The EU must help to ensure that benefits are shared fairly, in line with its commitment to combat poverty", underlined author of the resolution Greens MEP, Catherine Greze.

To prevent biopiracy, the resoluton urged that the grant of a patent be made conditional upon a requirement to disclose the origin of genetic resources and traditional knowledge used in inventions and provide evidence of consent from authorities in the provider country and also evidence of fair benefit sharing. (end) KUNA 151948 Jan 13NNNN

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Publication:Kuwait News Agency (KUNA)
Date:Jan 15, 2013
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