India and the USA enter into a MOU to increase their IP cooperation – Eshwars
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India and the USA enter into a MOU to increase their IP cooperation

Authored by Padma Akila

India bowls its first ball to become a global player by signing a MOU on intellectual property cooperation with the USA on 2nd December 2020. The MOU was signed between the Commerce Ministry’s Department for Promotion of Industry and Internal Trade (DPIIT) and the United States Patent and Trademark Office (USPTO), with an aim to increase IP cooperation between the two countries. The MOU was signed by way of a virtual signing ceremony conducted by DPIIT secretary Dr Guruprasad Mohapatra and USPTO director Andrei Iancu. According to the DPIIT, “The MoU will go a long way in fostering cooperation between India and USA, and provide opportunities to both countries to learn from the experience of each other, especially in terms of best practices followed in the other country. It will be a landmark step forward in India’s journey towards becoming a major player in global innovation and will further the objectives of National IPR Policy, 2016.

This MoU is expected to increase the IP cooperation between India and the US in many ways, according to a statement released by the government. This agreement will aid in conducting programs and events to provide details of the best practices, experiences and more such knowledge on IP to the public as well as the industry, universities, Research and Development (R&D) and small and medium-sized enterprises. It is also expected to motivate collaboration in training programs, exchange of experts, technical exchanges. The MoU provides for knowledge on processes for registration and examination of applications for patents, trademarks, copyrights, geographical indications, and industrial designs, as well as the protection, enforcement and use of intellectual property rights. It will also help in the exchange of information on the development and implementation of automation and modernisation projects, new documentation and information systems in IP and procedures for management of IP office services. Both the countries will come up with a Biennial Work Plan to implement the MoU and to carry out cooperation activities. The work plan will also include a detailed procedure to carry through the terms of cooperation.

Further details of this MOU can be accessed at: https://dipp.gov.in/sites/default/files/pressRelease-MoU-IP-03December2020.pdf

 

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