UEBT prepares a technical brief on the draft EU regulations on access and benefit sharing
The draft EU regulation on ABS, which was presented by the European Commission in October, aims to implement the Nagoya Protocol on ABS, an international agreement expected to enter into force in 2014. In particular, the draft regulation foresees a system of due diligence for biodiversity-based research and new products development in Europe, in order to support compliance with ABS requirements established by provider countries. The Union for Ethical BioTrade (UEBT), which is following this process, has prepared a technical note that outlines the main aspects and implications of the draft EU regulation on ABS.
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