NEW DELHI: The Union Cabinet in its gathering on September 15 gave the endorsement for marking the MoU with Denmark in the field of Intellectual Property Cooperation.
Division for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry marked a Memorandum of Understanding (MoU) here today, 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 led a proper marking function for the equivalent.
The MoU targets expanding IP co-activity between the two nations by with the followed methods:
a) An Exchange of best practices, encounters, and information on IP mindfulness among the public, specialists, organizations, and research and instructive establishment of the two nations.
b) Collaboration in preparing programs, trade of specialists, specialized trades, and effort exercises.
c) Exchange of data and best practices on measures for removal of uses for licenses, brand names, modern plans, and Geographical Indications, as likewise the assurance, implementation, and utilization of IP rights.
d) Cooperation in the improvement of robotization and execution of modernization ventures, new documentation, and data frameworks in IP and techniques for the executives of IP.
e) Cooperation to see how Traditional Knowledge is ensured; including the utilization of customary information related information bases and mindfulness raising of existing IP frameworks.
The different sides will draw up the Biennial Work Plan to execute the MoU which will incorporate the definite plan of getting ready for doing the co-activity exercises, including the extent of activity.
This MoU will go far in cultivating the participation among India and Denmark and give chances to the two nations to gain from the experience of one another, particularly as far as best practices followed in the other nation. It will be a milestone venture forward in India’s excursion towards turning into a significant part of worldwide development and further the goals of National IPR Policy, 2016.