An MTA is a legally binding contract outlining the terms under which genetic resources are transferred from one party to another.

Purpose:

• To define the rights and obligations of parties involved in the transfer of genetic resources.
• To track the destination and intended use of the resources.
• To ensure benefit-sharing arrangements are in place.

Key Components of an MTA:

• Parties Involved: Identifies the applicant, resource owner, and relevant regulatory authorities (e.g., UNCST).
• Description of the Resource: Specifies the genetic material, including its species, quantities, and collection location.
• Intended Use: Details the purpose of resource use (e.g., research, bioprospecting, or commercialization).
• Benefit-Sharing Arrangements: Includes commitments for monetary or non-monetary benefits (e.g., royalties, technology transfer, capacity building).
• Ownership of Derivatives: Outlines ownership and rights over the derivatives and products resulting from the genetic resources.
• Restrictions and Limitations: Specify any restrictions on the use, transfer, or commercialization of the resources.
• Termination and Renewal: Defines the duration of the agreement and processes for renegotiation or renewal.