Biotech Updates

Argentina: 67th Signatory of the Nagoya Protocol

November 18, 2011

On November 15, 2011, Argentina signed the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from Their Utilization to the Convention on Biological Diversity (CBD), becoming its 67th signatory.

According to Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, "the signing of the Nagoya Protocol by Argentina is further testimony to the growing global commitment and support for efforts to secure a more sustainable future for generations to come." He also invited other countries that have not signed to the Protocol participate in the agreement.

The Nagoya Protocol aims to create new incentives to conserve biodiversity, sustainably use its components, and improve the role of biodiversity in sustainable development and human well-being. It will take effect 90 days after the deposit of the 50th instrument of ratification.

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