Common use of Genetic Resources, Traditional Knowledge and Folklore Clause in Contracts

Genetic Resources, Traditional Knowledge and Folklore. 1. Subject to their legislation, the Parties shall respect, preserve and maintain knowledge, innovations and practices of indigenous and local communities embodying traditional lifestyles relevant for the conservation and sustainable use of biological diversity and promote their wider application with the involvement and approval of the holders of such knowledge, innovations and practices and encourage the equitable sharing of the benefits arising from the utilisation of such knowledge, innovations and practices.

Appears in 4 contracts

Samples: Trade Agreement, Customs Valuation Agreement, Customs Valuation Agreement

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Genetic Resources, Traditional Knowledge and Folklore. 1. Subject to their legislation, the Parties shall respect, preserve and maintain knowledge, innovations and practices of indigenous and local communities embodying traditional lifestyles relevant for the conservation xxxxxx- vation and sustainable use of biological diversity and promote their wider application with the involvement and approval of the holders of such knowledge, innovations and practices and encourage the equitable sharing of the benefits arising from the utilisation of such knowledge, innovations and practices.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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Genetic Resources, Traditional Knowledge and Folklore. 1. Subject to their domestic legislation, the Parties shall respect, preserve and maintain knowledge, innovations and practices of indigenous and local communities embodying traditional lifestyles relevant for to the conservation and sustainable use of biological diversity diversity, and promote their wider application with the involvement and approval of the holders of such knowledge, innovations and practices and encourage the equitable sharing of the benefits arising from the utilisation of such knowledge, innovations and practices.

Appears in 1 contract

Samples: Association Agreement

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