MOU
India sign MoU with USA on Intellectual Property cooperation
The MoU will go a long way in fostering the cooperation between India and the 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.
New Delhi: Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry has signed a Memorandum of Understanding (MoU) on December 2, 2020, in the field of Intellectual Property Cooperation with the United States Patent and Trademark Office (USPTO), Department of Commerce of the United States of America. Dr. Guruprasad Mohapatra, Secretary, DPIIT and Mr. Andrei Iancu, Under Secretary of Commerce for Intellectual Property & Director, United States Patent and Trademark Office (USPTO) conducted a virtual signing ceremony for the same.
The Union Cabinet in its meeting dated Feb 19, 2020 gave the approval for signing the MoU with United States Patent and Trademark Office (USPTO) in the field of IP Cooperation.
The two side will draw up Biennial Work Plan to implement the MoU which will include the detailed planning for carrying out of the co-operation activities including the scope of action.
The MoU will go a long way in fostering the 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.
Read Also : PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
News Must Read
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024