75. The representative of Colombia supported the statements made by some other co-sponsors of document TN/C/W/52. She said that the IP system was a mechanism for promoting innovation and investment. Patents should not have negative impacts on the protection of genetic resources and their derivatives. Not only the inventor but also the States providing the resources should receive the benefits arising from the use of the genetic resource. Members needed implementing tools for monitoring compliance with the provisions on access and benefit sharing. She supported the proposal to invite the CBD Secretariat to present the Nagoya Protocol to the Council.
