Nepal adopts Nagoya Protocol

KATHMANDU: Nepal has decided to adopt the Nagoya Protocol on access to genetic resources and the fair and equitable sharing of benefits arising from their utilisation to the convention on biological diversity.

According to Permanent Mission of Nepal to the UN, New York, the letter signed by the Minister for Foreign Affairs Pradeep Kumar Gyawali in this regard has been handed over to UN Secretary-General António Guterres today.

A supplementary agreement to the 1992 Convention on Biological Diversity, the Nagoya Protocol provides a transparent legal framework for the effective implementation of the aforementioned objective.

Earlier, the protocol was approved by the House of Representatives and National Assembly making Nepal 116th nation adopting the protocol.