Biotechnology is regulated by: • The National Legislation including: ? Industrial Property Law and Regulations thereof ? Biosecurity Law of Genetically Modified Organisms and Regulations thereof ? General Law of Ecological Balance and Environmental Protection ? General Health Law ? Federal Law of Vegetal Varieties and Regulations thereof
• Treaties and/or conventions in which Mexico is signatory, including: ? Agreements on Trade-Related Aspects of Intellectual Property Rights (TRIPs): TRIPs Agreements bind any country member of the WTO recognises minimum standards on intellectual property rights in all the technological fields, including biotechnologies. Requirement for “protection of vegetal varieties, either by a patent system or by a sui generis effective system, or by a combination of both”. ? Convention of Biological Diversity issued by the Summit in Rio de Janeiro (1992) recognizes the legitimate roll of intellectual property for achieving the objectives of preserving biological diversity, sustainable use of gene resources and fair and equitable distribution of benefits among suppliers of biological material and biotechnological advances. ? Budapest Treaty on the Intellectual Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure. First off, it looks for facilitating the disclosure requirement for the interested party, substituting the description by the delivery of the microorganisms as such; secondly, establishing a number of deposit international agencies (AID) for receiving and managing such microorganisms.
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