Thursday, August 27, 2026

Oman News

Oman partakes in global talks on sharing benefits derived from genetic resources

The Sultanate of Oman, represented by the Environment Authority, participated in the second meeting of the Ad-hoc Open-Ended Working Group on Benefit- Sharing from the use of Digital Sequence Information on Genetic Resources.

TAS News Service

info@thearabianstories.com

Sunday, August 18, 2024

Muscat – The international meeting, held from August 12-16, 2024, in Montreal, Canada, focused on creating a global mechanism for benefit-sharing, including the potential establishment of a global fund.


Following the first meeting in November 2023, which addressed key issues and proposed discussions on contributions, fund disbursement, and governance, the second meeting reviewed elements of a multilateral benefit-sharing mechanism, analysed draft recommendations, and studies on revenue-generation options and intersessional reflections.

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