India, US sign MoU on intellectual property cooperation

India on Thursday signed a memorandum of un derstanding (M0U) with the United States for increasing cooperation in the field of intellectual property between the two countries. 

Department for Promotion of Industry and Internal Trade (DPIIT), ministry of commerce and industry signed the MoU with the United States Patent and Trademark Office (USPTO) of the US commerce department on Wednesday. 
Guruprasad Mohapatra, secretary, DPIIT and Andrei Iancu, under secretary of commerce for Iitellectual property and director, United States Patent and Trademark Office (USPTO) signee the MoU in a virtual ceremony.
The union cabinet at its meeting on 19 February 2020 had given approval for signing the MoU with United States.
The MoU is intended to facilitate exchange and dissemination of best practices, experiences and knowledge on IP among the public, and between and among the industry, universities, research and development (R & D) organisations, and small and medium-sized enterprises through participation in programmes and events organised by either countries or jointly.
The two sides will collaborate in training programmes, promote exchange of experts, technical exchanges and outreach activities.
The MoU also  will facilitate exchange of information and best practices 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 IP rights.
It provides for 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.
The two sides will cooperate on understanding various issues related to traditional knowledge, and the exchange of best practices, including those related to traditional knowledge databases and awareness raising on the use of existing IP systems for the protection of traditional knowledge, besides cooperation in other activities as may be mutually decided by the Participants.
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 provide opportunities to both countries to learn from the experience of each other, especially in terms of best practices followed in the other country and will be a landmark step in India’s journey towards becoming a major player in innovation globally.