India approves MoU with Sweden on IPRs

India approves MoU with Sweden on IPRs

India approves MoU with Sweden on IPRs

On August 16, 2017, the Union Cabinet chaired by the Prime Minister Narendra Modi gave its approval to the Memorandum of Understanding between India and Sweden on intellectual property rights (IPRs) co-operation.

Important highlights of the MoU →

The MoU sets up a wide-ranging and flexible mechanism for both countries. Through this mechanism, both countries can exchange best practices and work together on training programmes and technical exchanges to raise awareness on IPRs and better protect IPRs. India and Sweden will form a Joint Co-ordination Committee (JCC) to decide co-operation activities to be taken under the MoU in following areas:

  • Collaboration in exchange of experts, training programmes, technical exchanges and outreach activities
  • Exchange of knowledge, experiences and best practices on IP awareness among the businesses, educational institutions and public of India and Sweden
  • Exchange and dissemination of best practices, experiences and knowledge on IP with the industry, universities, R & D organizations and Small and Medium Enterprises (SMEs)
  • The exchange of the best practices, including traditional knowledge related databases and awareness raising of existing IP systems
  • Co-operation to understand how Traditional Knowledge is protected.
  • Exchange of best practices and information regarding Intellectual Property (IP) law infringements in the digital environment, especially regarding Copyright issues
  • Co-operation in the development of implementation and automation of modernization projects, new documentation and information systems in IP and procedures for management of IP
  • Exchange of information and best practices for disposal of applications for trademarks, patents, copyrights and Geographical Indications (GI), industrial designs, as also the enforcement, protection, and use of IP rights.

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