The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for ratifying the 'Nagoya-KualaLumpur supplementary protocol on liability and redress to the Cartagena protocol on bio-safety' by India.
The proposed approach provides for an international regulatory framework in the field of liability and redress related to living modified organisms that reconciles trade and environment protection. The Supplementary Protocol would promote sound application of biotechnology making it possible to accrue benefits arising from modern biotechnology while minimizing the risk to the environment and human health.
The proposal will protect the interests of all Indians without distinction or differentiation.
The proposal is based on the principles of the Convention on Biological Diversity and Cartagena Protocol on Biosafety, both internationally negotiated and binding legal instruments. It will promote innovation in agricultural and healthcare research and development that is safe for the environment and human beings.
DS/SH/SK
The proposed approach provides for an international regulatory framework in the field of liability and redress related to living modified organisms that reconciles trade and environment protection. The Supplementary Protocol would promote sound application of biotechnology making it possible to accrue benefits arising from modern biotechnology while minimizing the risk to the environment and human health.
The proposal will protect the interests of all Indians without distinction or differentiation.
The proposal is based on the principles of the Convention on Biological Diversity and Cartagena Protocol on Biosafety, both internationally negotiated and binding legal instruments. It will promote innovation in agricultural and healthcare research and development that is safe for the environment and human beings.
DS/SH/SK
