Developed in 1972, the Convention sets out the duties of parties to the Convention in identifying potential sites and their role in protecting and preserving them. By signing the Convention, each country pledged to conserve not only the World Heritage sites situated on its territory, but also to protect its national heritage. The Convention also defined the kind of natural or cultural sites which can be considered for inscription on the World Heritage List and how the World Heritage Fund is to be used and managed and under what conditions international financial assistance may be provided.
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