Laws and Regulations under TRIPS Art. 63.2 - View details of the document

Venezuela, Bolivarian Republic of
Law on Biological Diversity
Lays down guiding principles for the conservation of biological diversity pursuant to the principles and provisions of the Convention on Biological Diversity. Its general provisions include a classification of biological diversity as comprising legally protected environmental assets of fundamental importance to life, and their conservation and sustainable use as being of public interest. It provides for the exercise of sovereign rights over those resources by the State. It also includes provisions on the recognition and protection of the traditional knowledge of indigenous and local communities.