UN Treaty against Biopiracy adopted in Japan

As reported by IP-Watch (http://www.ip-watch.org/weblog/2010/10/29/compromise-un-protocol-treaty-against-biopiracy-adopted-in-japan/), in Nagoya Japan, members of the United Nations Convention on Biological Diversity adopted an international treaty to help ensure that benefits from using genetic resources are more fairly shared with their source country.  The Access and Benefit Sharing Protocol or “Nagoya Protocol,” will presumably work to combat “bio-piracy.” Biopiracy is when a first world country commercially uses a naturally occurring biomaterial without fairly compensating the source (http://www.answers.com/topic/biopiracy).