LITHUANIAN REPRESENTATIVE SIGNS THE NAGOYA PROTOCOL TO THE CONVENTION ON BIOLOGICAL DIVERSITY
On 29 December in New York, on behalf of Lithuania, Ambassador and Permanent Representative of Lithuania to the United Nations Dalius Čekuolis 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.
The Protocol, which was adopted on 29 October 2010 in Nagoya, Japan, provides a transpasrent legal basis for a fair and equitable sharing of the benefits arising from the utilization of genetic resources.
In accordance with Article 1 of the Protocol, its objective is “the fair and equitable sharing of the benefits arising from the utilization of genetic resources, including by appropriate access to genetic resources and by appropriate transfer of relevant technologies, taking into account all rights over those resources and to technologies, and by appropriate funding, thereby contributing to the conservation of biological diversity and the sustainable use of its components”.
The Nagoya Protocol shall be ratified by the Seimas of the Republic of Lithuania.