2018-05 NAGOYA PROTOCOL – EU SPECIALTY FOOD INGREDIENTS TO SPEAK AT VITAFOODS 2018

On 16 May 2018, on behalf of EU Specialty Food Ingredients, Mr Markus Wyss will deliver a presentation about “the Nagoya Protocol on access and benefit sharing and its potential impact on product development activities” along the following lines:

• The protocol is a supplementary agreement to the Convention on Biological Diversity (CBD) aiming to provide a transparent legal framework for the fair and equitable sharing of benefits arising out of the utilization of biological resources, thereby contributing to the conservation and sustainable use of biodiversity
• Entering into force in October 2014, most countries are still in the process of setting up their Access and Benefit Sharing (ABS) as well as compliance regulations
• The current legal uncertainty risks to have negative repercussions on innovation and trade of biological materials.