India, US sign MoU on Intellectual Property examination and protection
India and the United States on Wednesday signed a Memorandum of Understanding on Intellectual Property (IP) cooperation between the two countries.
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Minister of Commerce signed the MoU with the United States Patent and Trademark Office (USPTO), the agency of Department of Commerce of US.
Approved by the Union Cabinet in its meeting on February 19, 2020, Dr. Guruprasad Mohapatra, Secretary, DPIIT and Andrei Iancu, Under Secretary of Commerce for Intellectual Property & Director, USPTO signed the MoU virtually at a ceremony held for the same.
This MoU will help increase the IP cooperation between India and the US in many ways, according to a statement released by the government. This agreement will help in conducting programs and events to provide details of the practices, experiences and more such information on IP to the public as well as the industry, universities, Research and Development (R&D) and small and medium-sized enterprises.
It will also help in exchanging information between the experts, development and implementation of automation and modernization projects. As well as the best ways to approach the registration processes and examine applications for patents trademarks, copyrights, geographical indications, and industrial designs, including the protection, enforcement and use of IP rights.
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