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The structure of trade in genetic resources : Implications for the international ABS regime negotiation

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  • The structure of trade in genetic resources
  • Yun, Mikyung
  • Korea Institute for International Economy Policy


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Title The structure of trade in genetic resources
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Sub Title

Implications for the international ABS regime negotiation

Material Type Articles
Author(English)

Yun, Mikyung

Publisher

[Seoul]:Korea Institute for International Economy Policy

Date 2010-06
Journal Title; Vol./Issue Journal of East Asian Economic Integration:vol. 14(no. 1)(June 2010)
Pages 21
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Territorial Development < Environment
Holding Korea Institute for International Economy Policy

Abstract

The intensive exploitation of genetic resources at the international level has led to a negotiation of an international regime on Access and Benefit-Sharing (ABS) of genetic resources. Due to lack of systematic data, little is known about the structure of trade in genetic resources to inform the negotiators. This study attempts to shed a greater insight into genetic resources trade in the pharmaceutical sector in Korea, mainly relying on interviews of industry practitioners and scientists in related fields. The study finds that Korea is mainly a genetic resource importer, but that pharmaceutical firms rarely carry out bioprospecting directly, relying on semi-processed biochemicals imports trough agents. Therefore, the impact of the to-be negotiated international ABS negotiation will be larger if derivatives are included in its scope. However, the general impact on the economy as a whole would be small, given the small share of genetic resources trade compared to total trade volumes.