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India and Denmark join hands to boost corporation on IPRs

Updated: Sep 26, 2020 11:44:28am
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India and Denmark join hands to boost corporation on IPRs

New Delhi, Sept 26 (KNN) Aiming to increase the IP co-operation with Denmark, Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry signed a Memorandum of Understanding (MoU) on Saturday, in the field of Intellectual Property Cooperation with the Danish Patent and Trademark Office, Ministry of Industry, Business and Financial Affairs, Kingdom of Denmark. Dr Guruprasad Mohapatra, Secretary, DPIIT and Mr Freddy Svane, Ambassador of Denmark conducted a formal signing ceremony for the same.

The MoU aims to increase IP co-operation between the two countries by way of exchange of best practices, experiences and knowledge on IP awareness among the public, authorities, businesses and research and educational institution of both countries.

Its purpose is to improve the cooperation in the development of automation and implementation of modernization projects, new documentation and information systems in IP and procedures for management of IP.

Both the country will also exchange the information and best practices on processes for disposal of applications for patents, trademarks, industrial designs and Geographical Indications, as also the protection, enforcement and use of IP rights.

The two sides will draw up the 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.

This MoU will go a long way in fostering the cooperation between India and Denmark, 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 further the objectives of National IPR Policy, 2016.

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